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Category: Business

PSX Crosses 170,000 as Saudi Funding, Middle East Talks Lift Sentiment | PSX 170,000 Points Milestone on

April 16, 2026

Benchmark index hits record high as geopolitical easing expectations and Saudi financial support drive strong investor inflows KARACHI: Pakistan’s stock market surged to a historic milestone on Wednesday as the Pakistan Stock Exchange (PSX) crossed the 170,000-point level for the first time, driven by improved investor sentiment, external financial inflows, and easing geopolitical concerns. The […]

Gold Prices Rise in Pakistan as Global Bullion Rally Continues

April 16, 2026

Gold prices in Pakistan rose in step with global bullion gains as the local stock market also hit record highs amid improving investor sentiment. KARACHI: Gold prices in Pakistan rose on Wednesday, tracking gains in the international bullion market as global rates extended their upward momentum. In overseas trading, gold increased by $35 per ounce […]

SBP Allows Banks to Serve Licensed Crypto Firms Under New Digital Asset Framework

April 16, 2026

Pakistan moves to formally integrate regulated virtual asset service providers into the banking system under strict compliance and anti-money laundering controls. ISLAMABAD: The State Bank of Pakistan (SBP) has allowed licensed virtual asset service providers to open bank accounts, marking a significant reversal of restrictions imposed in 2018 and signaling a regulated pathway for digital […]

Pakistan Seeks Expanded IMF Funding Amid Middle East Conflict Economic Fallout

April 16, 2026

Expanded IMF Loan Request as Pakistan Faces Rising External Pressures WASHINGTON/ISLAMABAD: Pakistan is preparing to formally request additional financing from the International Monetary Fund (IMF) as it moves to cushion growing economic pressures linked to the ongoing Middle East conflict, officials said on Thursday. According to government sources, Islamabad intends to expand its existing $7 […]

Saudi Arabia Deposits $2 Billion in Pakistan’s Central Bank

April 16, 2026

Fresh Saudi inflows aim to stabilize Pakistan’s external position and ease mounting financial pressures. The State Bank of Pakistan has received $2 billion from the Saudi Ministry of Finance, providing a significant boost to the country’s foreign exchange reserves. According to an official statement, the funds were transferred on April 15, 2026, as part of […]

JPMorgan Chase Q1 profit beats expectations on record trading revenue

April 15, 2026

Volatile global markets and geopolitical uncertainty drive record trading revenue and stronger-than-expected quarterly earnings. NEW YORK: JPMorgan Chase posted a stronger-than-expected 13% jump in first-quarter profit, driven by record trading revenue as volatile global markets boosted client activity and hedging demand across major asset classes. The bank benefited from sharp market swings linked to concerns […]

IMF Warns Prolonged Iran Conflict Could Force Global Rate Hikes

April 15, 2026

IMF warns that a prolonged Iran-related conflict could drive higher inflation, stronger energy shocks, and tighter monetary policy worldwide. The International Monetary Fund has warned that a prolonged conflict involving Iran and the wider Middle East could force central banks around the world to adopt stricter monetary policies in order to control rising inflation. The […]

Saudi Arabia Announces $3 Billion Financial Support for Pakistan

April 15, 2026

New Saudi financial package and extended deposit aim to ease Pakistan’s external financing pressures Saudi Arabia has pledged an additional $3 billion in financial support to Pakistan, providing a crucial boost as the country faces rising external financing challenges. The announcement was made by Finance Minister Muhammad Aurangzeb during his visit to Washington, where he […]

Federal Government Launches Subsidy Program for Small Farmers in Islamabad

April 15, 2026

The initiative introduces digital and helpline-based access to ensure wider farmer participation The federal government has announced a farmer-friendly subsidy program in Islamabad aimed at supporting small-scale landowners and improving agricultural productivity. According to official details, the initiative specifically targets farmers who own less than 12.5 acres of land, ensuring that financial assistance reaches those […]

Pakistan Plans Nationwide Crackdown on Illegal Cigarette Trade

April 14, 2026

Authorities intensify enforcement as new report highlights масштаб losses and widespread illicit cigarette consumption across Pakistan ISLAMABAD: Pakistan has decided to launch a nationwide crackdown on the sale of illegal cigarettes in coordination with provincial governments, aiming to curb massive revenue losses and strengthen tax enforcement. Minister of State for Finance Bilal Azhar Kayani announced […]

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Category: Business

PSX Crosses 170,000 as Saudi Funding, Middle East Talks Lift Sentiment | PSX 170,000 Points Milestone on

Gold Prices Rise in Pakistan as Global Bullion Rally Continues

SBP Allows Banks to Serve Licensed Crypto Firms Under New Digital Asset Framework

Pakistan Seeks Expanded IMF Funding Amid Middle East Conflict Economic Fallout

Saudi Arabia Deposits $2 Billion in Pakistan’s Central Bank

JPMorgan Chase Q1 profit beats expectations on record trading revenue

IMF Warns Prolonged Iran Conflict Could Force Global Rate Hikes

Saudi Arabia Announces $3 Billion Financial Support for Pakistan

Federal Government Launches Subsidy Program for Small Farmers in Islamabad

Pakistan Plans Nationwide Crackdown on Illegal Cigarette Trade

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