SECP Draws Flak for Hosting Costly Registrar Conference at Malam Jabba Amid Austerity Push
The Securities and Exchange Commission of Pakistan is under fire for organizing an expensive Registrar Conference at Malam Jabba while the government calls for strict austerity, raising questions about regulatory priorities and public spending.
Pakistan Stock Market Delivers Over 55% Return in FY25, Outshining All Other Asset Classes
The Pakistan Stock Exchange surged by more than 55% in FY25, beating all other asset classes including gold and T-Bills, driven by monetary easing and record trading activity, according to a report by Arif Habib Limited.
Meezan Bank Reaches $2 Billion Market Cap, Reinforcing Strength of Pakistan’s Islamic Finance Sector
Meezan Bank has achieved a significant milestone by crossing a $2 billion market capitalization on the Pakistan Stock Exchange, underscoring the growth of Islamic banking and investor confidence in Pakistan’s financial landscape.
Pakistan Banks Association Marks World MSME Day by Championing Small Businesses and Digital Empowerment
On World MSME Day, the Pakistan Banks Association highlights the resilience and innovation of Pakistan’s MSME sector and reiterates the banking industry’s commitment to support small businesses through finance, digital solutions, and partnerships.
NIBAF Conducts AI and BI Data Modeling Training to Advance Analytics Capabilities in Pakistan
NIBAF organized a two-day program on “Data Modeling Using AI and BI” in Karachi, led by Irfan Bakaly, to equip professionals with advanced analytics skills and strengthen Pakistan’s digital ecosystem.
ACE Money Transfer CEO Engages Pakistan’s Leadership to Boost Legal Remittances and Drive Financial Digitization
ACE Money Transfer CEO Rashid Ashraf holds high-level talks with Pakistan’s senior ministers to advance legal remittance flows, financial digitization, and structured incentives aimed at strengthening the nation’s economic framework.
Banks to Remain Closed on July 1 for Fiscal Year Transition, Confirms SBP
The State Bank of Pakistan has announced that all banks, DFIs, and MFBs will remain closed for public dealing on July 1, 2025, due to the first day of the new fiscal year, though employees will report to duty.
PKR Faces Renewed Pressure as SBP Balances Market Sentiment and Currency Stability
The Pakistani Rupee continues to face depreciation pressures amid rising import costs and mixed market sentiment, while the State Bank of Pakistan cautiously manages the balance between intervention and free market forces.
World Bank Reaffirms $40 Billion Country Partnership with Pakistan, Eyes Long-Term Development Goals
The World Bank has reaffirmed its $40 billion commitment to Pakistan under the CPF 2026–2035 during high-level talks in Washington, emphasizing development goals, regional integration, and implementation focus.
SBP Reserves Drop by $2.66 Billion on Debt Repayments, Recovery Expected Through Fresh Inflows
The State Bank of Pakistan’s foreign reserves dropped by $2.66 billion in one week due to major debt repayments. However, fresh inflows exceeding $3 billion are expected to reverse the decline in upcoming data.