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SBP to launch pilot for digital currency, says governor

SBP to launch pilot for digital currency, says governor

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad said on Wednesday the institution plans to launch a pilot for…
Aurangzeb reaffirms govt’s commitment to consultative policy framework

Aurangzeb reaffirms govt’s commitment to consultative policy framework

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, here on Wednesday reaffirmed the government’s commitment to maintaining an…
Pakistan prequalifies four investors for PIA, approves Roosevelt Hotel joint venture deal

Pakistan prequalifies four investors for PIA, approves Roosevelt Hotel joint venture deal

KARACHI: Pakistan has prequalified four investors for the sale of Pakistan International Airlines (PIA), while its Cabinet Committee on Privatization…
Honda Atlas Pakistan jacks up car prices – Check latest July 2025 rates

Honda Atlas Pakistan jacks up car prices – Check latest July 2025 rates

Honda Atlas Cars Pakistan and Hyundai Nishat Motors have increased prices across multiple models effective July 1, 2025, in the…
Remittances increase by 26.6pc to 38.3bn dollars in FY2025

Remittances increase by 26.6pc to 38.3bn dollars in FY2025

ISLAMABAD: The workers’ remittances increased by 26.6 percent during the fiscal year 2025 as compared to the corresponding period of…
Dubai-based bank arranges $1bn financing facility for Pakistan

Dubai-based bank arranges $1bn financing facility for Pakistan

A Dubai-based bank has successfully arranged a $1 billion syndicated term-finance facility for Pakistan, the Ministry of Finance said in…
PSX plunges over 900 points, dips below 133,000

PSX plunges over 900 points, dips below 133,000

KARACHI: The Pakistan Stock Exchange (PSX) opened in red on Wednesday as investors have opted to lock in recent gains.…
Oil prices ease from two-week highs as investors await tariff clarity

Oil prices ease from two-week highs as investors await tariff clarity

Oil prices edged slightly lower on Wednesday after rising to two-week highs in the previous session, as investors were watching…
Gold hovers near one-week low as firmer US dollar, yields weigh

Gold hovers near one-week low as firmer US dollar, yields weigh

Gold prices hovered on Wednesday near their lowest point in more than one week, under pressure from a stronger U.S.…
Naqvi orders crackdown on hawala-hundi mafia, non-customs goods

Naqvi orders crackdown on hawala-hundi mafia, non-customs goods

Federal Interior Minister Mohsin Naqvi directed the Federal Investigation Agency (FIA) to launch a full-scale crackdown on hawala-hundi networks, non-custom…
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