Economy

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

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

Pakistan likely to issue an additional $250M Eurobonds: sources
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Pakistan likely to issue an additional $250M Eurobonds: sources

The government has already raised approximately $750 million through the bond issued after a gap of four years

Pakistan, IMF agree on structural reforms including overhaul of accountability laws
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Pakistan, IMF agree on structural reforms including overhaul of accountability laws

The reforms span fiscal, administrative, social, energy, and trade sectors, with implementation expected between 2026 and 2027

Pakistan targets ‘benami’ companies in IMF-linked transparency push
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Pakistan targets ‘benami’ companies in IMF-linked transparency push

Firms must disclose real owners by April 30 or risk hefty fines

Pakistan sends $1.83 billion abroad in profits while FDI declines
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Pakistan sends $1.83 billion abroad in profits while FDI declines

Repatriation up 6.3% while foreign investment nearly halves