The Bank of Punjab (BoP) has been upgraded by PACRA to a AAA long-term entity credit rating from AA+ with a stable outlook, while its A1+...
Finance Minister Muhammad Aurangzeb visited the Federal Board of Revenue (FBR) headquarters and praised officials for achieving the revised FY26 revenue collection target. He emphasized that...
The World Bank has approved a $70 million loan for Pakistan’s Connected Punjab Programme to expand broadband internet access, improve digital public services, and promote cashless...
The World Bank, in its report titled “Strengthening Fiscal Federalism in Pakistan,” said that Pakistan has made “meaningful” progress in fiscal federalism since 2010. However, the...
The British government is expected to challenge Paramount Skydance’s proposed $110 billion takeover of Warner Bros. Discovery, potentially delaying the completion of one of the media...
The Federal Board of Revenue (FBR) collected Rs13.004 trillion in FY26, surpassing the revised annual target of Rs12.983 trillion by more than Rs21 billion. According to...
Nishat Group has acquired a 73.9% controlling stake in Rafhan Maize Products Company Ltd, marking one of Pakistan’s largest corporate takeovers in the food processing sector....
The federal government’s domestic borrowing rose sharply during June 15–19, with Rs122 billion borrowed daily from commercial banks, according to the latest State Bank data. Total...
Pakistan’s long-awaited ML-1 railway project under CPEC is set to enter the construction phase early next year, with groundbreaking planned for the Rohri-Karachi section. An estimated...
Pakistan has decided that all new financial transactions, including loans, will be conducted under a Shariah-compliant system from January 1, 2028. Existing conventional agreements will remain...
