Economy

Pakistan receives bids for three spot LNG cargoes as country looks to plug supply gap
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Pakistan receives bids for three spot LNG cargoes as country looks to plug supply gap

The bids between $17.997 and $18.88 per MMBTU are nearly double the $10–13 per MMBTU under long-term contracts with Qatar

Pakistan nears $1.2B IMF tranche after meeting key targets
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Pakistan nears $1.2B IMF tranche after meeting key targets

Board approval expected in May as most benchmarks are achieved

Pakistan tightens vehicle import rules under IMF guidelines
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Pakistan tightens vehicle import rules under IMF guidelines

Only tax-registered firms allowed as stricter quality checks introduced

Pakistan hikes fuel prices by PKR 27 as oil jumps over stalled US-Iran peace talks
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Pakistan hikes fuel prices by PKR 27 as oil jumps over stalled US-Iran peace talks

Oil prices were volatile on Friday with Brent crude futures trading at $104.78

SECP proposes scrapping attested documents, introduces facial scan for investor verification
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SECP proposes scrapping attested documents, introduces facial scan for investor verification

Regulator wants to replace paper-based identity checks with biometric authentication and bank account verification.

Pakistan's weekly inflation hits 13.98%, highest since November 2024
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Pakistan's weekly inflation hits 13.98%, highest since November 2024

Week-on-week, the Sensitive Price Indicator fell 0.33%

Pakistan central bank faces split calls ahead of policy decision
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Pakistan central bank faces split calls ahead of policy decision

Brokerages divided between rate hike and hold as oil risks cloud outlook

US-Iran war raises credit risks for emerging markets, Fitch says
UAE

US-Iran war raises credit risks for emerging markets, Fitch says

Energy prices, funding conditions and supply chains seen as key transmission channels

Pakistan repays $3.45B UAE deposits as reserves hold steady
UAE

Pakistan repays $3.45B UAE deposits as reserves hold steady

SBP completes ADFD settlement while Saudi, IMF inflows support outlook

Fertilizer disruption from Iran conflict could raise Asia food prices, Fitch says
UAE

Fertilizer disruption from Iran conflict could raise Asia food prices, Fitch says

Higher input costs and weaker yields may pressure agribusiness margins and food supply chains

SpaceX secures option to buy AI coding startup Cursor for $60bn
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SpaceX secures option to buy AI coding startup Cursor for $60bn

Cursor was founded in San Francisco by Pakistan-born Sualeh Asif

ADB commits $29.3 billion in 2025 amid reforms push
UAE

ADB commits $29.3 billion in 2025 amid reforms push

Lending rises 20% as bank expands capacity, prioritizes private sector and infrastructure

Business confidence turns negative in Pakistan as energy costs, tensions rise: Gallup
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Business confidence turns negative in Pakistan as energy costs, tensions rise: Gallup

Survey shows worsening outlook, with majority of firms expecting conditions to deteriorate

Pakistan seeks spot LNG cargoes as Middle East conflict disrupts flows
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Pakistan seeks spot LNG cargoes as Middle East conflict disrupts flows

Power shortages prompt first spot tender since 2023 despite higher price risks

Pakistan in talks with Qatar to resume LNG supplies
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Pakistan in talks with Qatar to resume LNG supplies

Shortages fuel power cuts as shipments remain stuck at Strait of Hormuz

Pakistan's Attock Refinery shuts unit as road closures halt tanker movement
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Pakistan's Attock Refinery shuts unit as road closures halt tanker movement

The refinery's motor spirit and high-speed diesel stocks have risen significantly as product dispatches came to an abrupt halt.

Pakistan's Sitara Petroleum launches IPO to raise up to PKR 4.83B
Business

Pakistan's Sitara Petroleum launches IPO to raise up to PKR 4.83B

The Lahore-based fuel distributor is seeking funds to expand retail network, and storage infrastructure

Pakistan freelancers boost earnings to $856M amid connectivity challenges
Business

Pakistan freelancers boost earnings to $856M amid connectivity challenges

Strong global demand drives growth despite outages and slow internet

Pakistan taps global markets, seeks bids for future bond issuances
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Pakistan taps global markets, seeks bids for future bond issuances

Consortiums to manage Eurobond and Sukuk programs under cost-based selection