Tag Archives: Zubair Tufail

ADB Support for Pakistan’s Development Welcomed by Zubair Tufail

ADB Support for Pakistan’s Development Welcomed by Zubair Tufail

KARACHI, September 5, 2026: United Business Group (UBG) President and former Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Zubair Tufail has welcomed the Asian Development Bank’s (ADB) continued support for Pakistan’s development and economic growth. Tufail said ADB’s focus on increasing private sector participation and promoting innovative …

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Pakistan’s Trade Deficit Jumps 25% as Rising Imports Raise Concerns

Pakistan’s Trade Deficit Jumps 25% as Rising Imports Raise Concerns

KARACHI, Aug. 6, 2026: Pakistan’s trade deficit widened by more than 25% year-on-year to US$3.95 billion in July 2026, prompting concern from United Business Group (UBG) President and former FPCCI President Zubair Tufail, who warned that the country’s growing reliance on imports continues to pressure the economy. Tufail said the …

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