Category: Business

Petroleum Minister Ali Pervaiz Malik speaking about rising global oil prices and fuel pricing in Pakistan.

Pakistan Signals Fuel Price Hike as Global Oil Surge Leaves Government with Few Options

Petroleum Minister Ali Pervaiz Malik says rising international crude oil prices and regional uncertainty are making fuel pricing decisions increasingly difficult for the government. Pakistan’s Petroleum Minister Ali Pervaiz Malik has said the government is facing increasing pressure to adjust domestic petroleum prices after a sharp rise in global crude oil prices over the past […]
Punjab officials signing the Naya Aaghaz Programme agreement for prisoner rehabilitation and interest-free loans.

Punjab Unveils ‘Naya Aaghaz’ to Give Released Prisoners Interest-Free Loans for a Fresh Start

Punjab partners with Akhuwat Islamic Microfinance to provide interest-free loans of up to Rs200,000, helping eligible former prisoners establish businesses and successfully reintegrate into society. The Punjab government has launched the “Naya Aaghaz” (New Beginning) Programme, a major prison rehabilitation initiative that will provide eligible former prisoners with interest-free loans to help them establish small […]
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry addressing the Regional Transit Trade Hub Initiative in Beijing.

Pakistan Invites Chinese Investors to Transform Maritime Sector Into Regional Trade Hub

Pakistan’s maritime minister says ongoing reforms in ports, logistics and trade facilitation are designed to position the country as a regional gateway for commerce and industrial growth. ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has invited Chinese investors to expand their presence in Pakistan’s maritime, ports and logistics sectors, saying the government […]
Gas pipelines representing Pakistan's gas sector amid IMF negotiations over circular debt settlement.

IMF Sets Fresh Conditions for Pakistan’s Gas Debt Settlement, Talks Delayed Until September

Pakistan and the IMF remain divided over accounting treatment of gas sector losses, delaying negotiations on a major circular debt settlement plan until September. Pakistan’s efforts to resolve the country’s mounting gas sector circular debt have encountered another hurdle after the International Monetary Fund (IMF) proposed new financial conditions that have yet to gain government […]
Hafiz Naeem Ur Rehman addressing a press conference while announcing nationwide protests against Pakistan's petrol levy.

Jamaat-e-Islami Announces Nationwide Protest Against Petrol Levy on August 7

Jamaat-e-Islami urges peaceful nationwide demonstrations, arguing that petroleum levies and taxes are placing an unfair financial burden on the public. ISLAMABAD: Jamaat-e-Islami Pakistan has announced a nationwide protest on August 7 against the petroleum levy and taxes imposed on fuel, calling them an unnecessary financial burden on citizens already struggling with rising living costs. Speaking […]

Ali Pervaiz Malik Warns Rising Global Oil Prices Could Intensify Economic Challenges

Federal Minister Ali Pervaiz Malik says soaring global oil prices and renewed regional tensions are increasing pressure on energy markets, while urging recognition of the public’s resilience. Pakistan is facing renewed pressure from rising global energy prices as Federal Minister Ali Pervaiz Malik said international oil markets have witnessed an extraordinary surge amid escalating regional […]
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