Sharia-compliant mutual funds in Pakistan continue to attract strong investment from individuals, associations of persons, and corporate investors, with total… Read More
Govt Raises Rs. 118 Billion in 32nd Ijarah Sukuk Auction
The federal government raised Rs. 118.05 billion through the 32nd auction of Government of Pakistan Ijarah Sukuk. According to the… Read More
Govt Releases Rs. 27 Billion to Settle Fuel Price Differential Claims
The federal government has released Rs. 27 billion to the Oil and Gas Regulatory Authority (OGRA) to clear outstanding price… Read More
Govt Cuts Development Budget by Rs. 100 Billion to Keep Petrol, Diesel Prices Steady
The federal government has reduced the development budget to avoid increasing petroleum product prices. A cut of Rs. 100 billion… Read More
Rupee Up ‘Astonishing’ 125th Day in a Row Against US Dollar After Big Recovery
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 125th consecutive day on Wednesday. Meanwhile,… Read More
Dealers Warn 15,000 Petrol Pumps Across Pakistan Could Shutdown Soon
The All Pakistan Petrol Pump Owners Association, representing 15,000 fuel stations, has warned of a nationwide shutdown of fuel stations… Read More
Gold Now Closer to Rs. 5 Lac in Pakistan After Another Huge Increase
Gold in Pakistan continued to appreciate massively on Wednesday after yesterday’s big recovery in global markets. The price of one… Read More
SBP Allows Non-Residents to Open Foreign Currency, Rupee Accounts
The State Bank of Pakistan (SBP) has expanded the eligibility criteria for opening and maintaining key banking accounts, aiming to… Read More
Another IMF Condition Met as FBR Expands Retail Tax Network
Pakistan has connected 12,861 large retailers, including shopping malls, textile and leather businesses, and restaurants, to the Federal Board of… Read More
SBP Cancels License of Exchange Company Over Serious Violations
The State Bank of Pakistan has cancelled the authorization of Dream Exchange (Private) Limited with immediate effect over serious violations… Read More
Cloud Failure Knocks SadaPay App Out of Service
Digital financial platform SadaPay has confirmed a temporary outage of its mobile application following a disruption to its cloud infrastructure,… Read More
Pakistan Secures Petrol Shipments for April But no Relief in Fuel Prices Yet
Pakistan has secured petrol shipments for April 2026 but there is no indication of any immediate relief in domestic fuel… Read More
