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Pakistan secures $730 million in funding from ADB

Muhammad ibrahim
ISLAMABAD: Pakistan has secured two significant financing agreements totaling $730 million with the Asian Development Bank (ADB), the Ministry of Economic Affairs announced. One of...
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Inflation drops to single digits, says Finance Minister

Adeel RAFIQUE
Islamabad: Federal Finance Minister Muhammad Aurangzeb revealed that Pakistan is transitioning into a phase of economic expansion after attaining macroeconomic stability, thanks to extensive reforms...
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Arif Habib appreciates Fauji Fertilizer’s role in PIA revival

Muhammad ibrahim
KARACHI: In the ongoing process of privatizing Pakistan International Airlines (PIA), the Arif Habib Consortium has announced that Fauji Fertilizer Company will join as a...
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Govtt is fully committed to enhancing the electricity transmission system, PM

Adeel RAFIQUE
ISLAMABAD: Prime Minister Shehbaz Sharif emphasized the government’s commitment to improving the electricity transmission system. While presiding over a meeting of the Working Group on...
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Transporters’ strike halts Karachi port operations

Adeel RAFIQUE
KARACHI: Operations at Karachi’s ports came to a complete halt on Wednesday due to an ongoing strike by goods transporters, disrupting the handling of import...
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Fuel prices expected to drop significantly from December 16, with Diesel leading the decline

Muhammad ibrahim
ISLAMABAD: According to informed sources, Pakistan is likely to see a notable reduction in petroleum prices starting December 16, with potential cuts of up to...
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Gold prices in Paksitan rises by Rs10,700 per tola

Adeel RAFIQUE
KARACHI:Gold prices in Pakistan saw a significant surge on Friday, with the per tola rate climbing by Rs10,700, as reported by the All Pakistan Gems...
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World Bank approves $400 million for Pakistan

Adeel RAFIQUE
ISLAMABAD: The World Bank has announced a $400 million funding package for Pakistan under the Punjab Inclusive Cities Program. This funding aims to provide 4.5...
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Gold rates in Pakistan; 11, Dec 2025

Adeel RAFIQUE
KARACHI: Gold and silver prices in Pakistan saw an upward adjustment on Thursday, 11 December 2025, as reported by the All Pakistan Sarafa Gems and...
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Pakistan gets $1.2bn tranche from IMF

Adeel RAFIQUE
ISLAMABAD: Pakistan has successfully received a $1.2 billion disbursement from the International Monetary Fund (IMF). Officials have confirmed the funds have been deposited into the...
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Gold prices in Pakistan are on the rise once again

Adeel RAFIQUE
KARACHI: Gold prices in Pakistan saw an upward movement on Wednesday, reflecting a similar trend in international markets. Data from the All-Pakistan Gems and Jewellers...
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US allocates $1.25 billion in financial support to bolster Pakistan’s economy

Adeel RAFIQUE
WEB DESK: The Export-Import Bank of the United States (EXIM Bank) has unveiled a $1.25 billion financial package for Pakistan, highlighting a notable advancement in...
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Enhanced profit margins for oil companies, dealers approved; fuel prices may rise

Muhammad ibrahim
ISLAMABAD: The Economic Coordination Committee (ECC) has sanctioned a 5 to 10 percent boost in profit margins for oil marketing companies (OMCs) and fuel dealers,...
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PSX hits record high as IMF approves tranche, boosting investor confidence

Muhammad ibrahim
KARACHI: The Pakistan Stock Exchange (PSX) reached an all-time peak on Tuesday, driven by optimistic investor sentiment following the International Monetary Fund’s (IMF) approval for...
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Gold prices drop in international and local markets

Adeel RAFIQUE
KARACHI: Gold prices experienced a significant decline on Tuesday in both international and domestic markets. In the local market, the rate of 24-karat gold per...
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Gold prices witness unexpected surge in Pakistan

Adeel RAFIQUE
KARACHI: Gold prices in Pakistan experienced a significant increase on Monday, aligning with upward trends observed in the international market. The rate of gold per...
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PM Shehbaz approves electricity projects for Gwadar, GB

Adeel RAFIQUE
ISLAMABAD: Prime Minister Shehbaz Sharif has given the green light to electricity projects aimed at Gwadar and Gilgit-Baltistan, as he chaired a meeting in Islamabad...
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FIFA confers US President Donald Trump with peace award

Muhammad ibrahim
WEB DESK: FIFA, the international governing body of football, has awarded US President Donald Trump the FIFA Peace Award. According to the news agency, President...
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Gold prices in Pakistan experience another significant increase

Adeel RAFIQUE
KARACHI: Gold prices experienced a notable rise in both global and Pakistani markets on Friday, breaking a three-day downtrend. The All Pakistan Sarafa Gems and...
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Gold prices in Pakistan decline for the third day in a row

Adeel RAFIQUE
KARACHI: Gold prices in Pakistan continued their downward trajectory for the third consecutive session on Thursday after witnessing a sharp increase earlier this week. The...
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Pakistan plans to enhance trade with Kyrgyzstan, setting a target of $200 million

Adeel RAFIQUE
ISLAMABAD: Pakistan has reaffirmed its strong commitment to strengthening trade relations with Kyrgyzstan, setting an ambitious goal to increase the bilateral trade volume from the...
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PIA bidding for privatisation to take place on Dec 23: PM Shehbaz

Muhammad ibrahim
ISLAMABAD: Prime Minister Shehbaz Sharif announced on Wednesday that the bidding for Pakistan International Airlines (PIA), the first state-owned enterprise scheduled for privatization under the...
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Transporters announce wheel-jam strike across the country on Dec 10

Adeel RAFIQUE
LAHORE: Transport leaders in Punjab have announced a province-wide strike starting December 8, followed by a nationwide shutdown beginning December 10 as a protest against...
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Crypto Minister Bilal Bin Saqib resigns as SAPM following role conflict

Muhammad ibrahim
RAWALPINDI: In a recent development, Bilal Bin Saqib has stepped down from his position as Special Assistant to the Prime Minister (SAPM) on Blockchain and...