The new wholly owned entity will serve as the group’s commercial hub in the European Union, bringing it closer to customers and strengthening its overseas presence
Tomatoes, chicken and electricity led the weekly decline, while onions, wheat flour and fuel recorded sharp annual increases
Finance Ministry expects inflation to remain elevated despite continued economic recovery and stronger external buffers
Digital lender will offer about 14% of its shares to strengthen capital and fund expansion after turning profitable under new ownership
Al Areesh is the first QatarEnergy-controlled LNG vessel tracked through the strait since early July, with arrival at Port Qasim expected July 31
Agreement with Bangladesh’s RANCON Motors marks a new push to expand Pakistan’s auto exports and value-added manufacturing
SBP governor says about USD 7 billion will be actual repayment after expected rollovers and refinancing
Fitch warns that renewed Strait of Hormuz closure, El Nino and U.S. tariffs threaten emerging markets credit outlooks through 2026, report says
Imports rose 8.3% as edible oil demand climbed and domestic oilseed production weakened, while industry warns new taxes could raise ghee and cooking oil prices
Economist says easing external pressures and stronger economic activity support stability, but inflation, Middle East tensions and El Niño risks justify a cautious policy stance
Institute says unchanged rate balances economic recovery with inflation risks as geopolitical uncertainty and global commodity prices remain key concerns
Move could double Thar Block-1 mine capacity, cut imported coal use and generate an estimated USD 3.2 billion in economic benefits
Government says a PKR 98 billion reduction in budgetary support offset gains from power sector reforms, while DISCO losses continued to decline
Seven-year incentive package aims to modernize refineries, increase petrol and diesel production, and reduce furnace oil output
Industry expects USD 5 to 6 billion in refinery upgrades after years of regulatory uncertainty delayed investment
Shehbaz Sharif orders Gulf investor roadshows and faster implementation of refinery modernization reforms
Fitch says the new sovereign sukuk structure will boost issuance and strengthen Islamic banks' funding options
Central bank's foreign exchange intervention rises nearly 7% from a year earlier, reflecting stronger external inflows and continued reserve accumulation
USD 21.5 billion is due during the fiscal year, with foreign exchange reserves projected to rise to USD 20.2 billion by December
Pakistan's Economic Coordination Committee approved new export subsidy schemes, alongside power, petroleum and pension measures.
