Fitch Ratings says its $87 per barrel average Brent oil price forecast for 2026 faces increasing downside risks as oil supplies remain relatively comfortable, inventories stay elevated and Middle Eastern production could recover rapidly if shipping disruptions ease.
State Bank of Pakistan Deputy Governor Saleem Ullah has called for greater use of technology and digital payment infrastructure to expand financial inclusion in Pakistan, highlighting financial literacy, limited use of financial services and continued reliance on cash as key barriers.
Pakistan’s Ministry of Commerce has sanctioned Rs10 billion for the textile, apparel and other export sectors under duty drawback and technology upgradation schemes to improve industrial liquidity, support modernization and strengthen export competitiveness.
The International Finance Corporation has approved up to $20 million in financing for Novatex Limited to fund raw materials and equipment imports, support export-oriented industries and expand recycled PET production in Pakistan.
Twelve investor consortiums, including groups from Turkey, China and Pakistan, have submitted Expressions of Interest for the privatization of Faisalabad Electric Supply Company as Pakistan advances reforms in the power distribution sector.
Pakistan Stock Exchange has begun discussions with existing shareholders of the National Clearing Company of Pakistan Limited to explore acquiring additional shares following Securities and Exchange Commission of Pakistan amendments allowing enhanced foreign shareholding limits.
Finance Minister’s Advisor Khurram Schehzad said the recent…
Mari Energies reported a 32.8 percent increase in…
State Bank of Pakistan injected Rs3.27 trillion into…
Pakistan Stock Exchange has re-composed the JS Momentum…
Pakistan Stock Exchange has completed the re-composition of…
HBL has expanded its presence in Sindh with…
Pakistan Stock Exchange has begun preliminary discussions with…
NayaPay has been recognised as Fintech Startup Pakistan…