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Category: Business

Pakistan Signs 50,000 Metric Ton Potato Export Deal with Uzbekistan

February 23, 2026

ISLAMABAD: Federal Minister for Food Security Rana Tanveer Hussain announced that Pakistan has established an alternate export route through Central Asia for potatoes, mitigating issues caused by instability in Afghanistan. The government has signed a deal to export 50,000 metric tons of potatoes to Uzbekistan addressing storage and border challenges. The statement came during a meeting […]

Gold Prices Spike in Pakistan Following Global Market Gains

February 22, 2026

Local gold and silver markets rebound after earlier losses driven by geopolitical developments and currency strength KARACHI — Gold prices in Pakistan saw a sharp increase on Saturday, following a rise in global bullion markets, traders reported. In Karachi’s bullion market, the price of 24-carat gold per tola jumped by Rs7,100 to reach Rs533,562, while […]

Private Sector Leaders Take Control of Pakistan’s Export Development Fund

February 22, 2026

Legal reforms reduce bureaucratic control, placing industry leaders at the forefront of export policy decisions ISLAMABAD: The government of Pakistan has reconstituted the board overseeing the Export Development Fund (EDF), shifting control from senior bureaucrats to private-sector leaders in a move aimed at boosting efficiency and promoting export growth. Under a new notification, Omer Saeed, […]

Pakistan US Reaffirm Commitment to Expanding Trade and Investment Ties

February 21, 2026

Washington: Pakistan and the United States have reaffirmed their commitment to strengthening bilateral economic ties, with discussions centering on trade investment and key development initiatives. The understanding emerged during a high level meeting between a Pakistani delegation led by Finance Minister Muhammad Aurangzeb and US Commerce Secretary Howard A. Lutnick. Both sides underscored their shared […]

India and Brazil Sign Pact to Strengthen Mining and Steel Cooperation

February 21, 2026

New Delhi: India and Brazil signed a landmark agreement on Saturday to expand cooperation in mining and minerals, aiming to secure raw materials for India’s growing steel demand and support capacity expansion. The pact was signed in the presence of Indian Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva during Lula’s […]

Fresh Oil and Gas Discovery in Kohat Brings Hope for Pakistan’s Energy Security

February 21, 2026

Discovery in Nashpa Block Signals Potential Boost to Domestic Energy Supply ISLAMABAD: Pakistan received encouraging news for its energy sector after the Oil and Gas Development Company Limited (OGDCL) announced a fresh oil and gas discovery in the Nashpa Block, located in the Kohat district of Khyber Pakhtunkhwa. According to company officials, initial testing at […]

FBR Expands POS Integration to 14+ Sectors to Strengthen Tax Compliance

February 21, 2026

New directive brings hospitality, healthcare, retail and education sectors under mandatory online sales reporting system ISLAMABAD: The Federal Board of Revenue has made online monitoring and Point of Sale (POS) integration mandatory for more than 14 business sectors in a major push to strengthen tax compliance and document the economy. Under a newly issued notification, […]

Saudi Arabia Turkiye Sign Major Solar Energy Deal

February 20, 2026

ISTANBUL: Saudi Arabia and Turkiye have signed a major agreement to develop large scale solar power projects, strengthening energy cooperation between the two regional partners. Under the deal Saudi energy company ACWA Power will construct two solar power plants in the provinces of Sivas and Karaman in central Turkiye. The projects will have a combined […]

US Supreme Court Blocks Trump’s Emergency Tariffs

February 20, 2026

WASHINGTON: The US Supreme Court has struck down former President Donald Trump’s broad tariffs ruling that he exceeded his legal authority by using emergency powers to impose import taxes. In a 6-3 decision authored by Chief Justice John Roberts the court held that the International Emergency Economic Powers Act (IEEPA) does not grant the president independent […]

Pakistan Plans Income-Based Electricity Tariffs for 100–300 Unit Consumers

February 20, 2026

Government prepares major power pricing overhaul to ensure fair subsidy distribution for low-income households ISLAMABAD: The federal government has initiated sweeping reforms to restructure electricity and gas pricing, shifting from consumption-based tariffs to an income-based subsidy model aimed at protecting low-income households. The proposed framework, being finalized in line with commitments made to the International […]

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Category: Business

Pakistan Signs 50,000 Metric Ton Potato Export Deal with Uzbekistan

Gold Prices Spike in Pakistan Following Global Market Gains

Private Sector Leaders Take Control of Pakistan’s Export Development Fund

Pakistan US Reaffirm Commitment to Expanding Trade and Investment Ties

India and Brazil Sign Pact to Strengthen Mining and Steel Cooperation

Fresh Oil and Gas Discovery in Kohat Brings Hope for Pakistan’s Energy Security

FBR Expands POS Integration to 14+ Sectors to Strengthen Tax Compliance

Saudi Arabia Turkiye Sign Major Solar Energy Deal

US Supreme Court Blocks Trump’s Emergency Tariffs

Pakistan Plans Income-Based Electricity Tariffs for 100–300 Unit Consumers

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