Pakistan and Kazakhstan to Sign $7bn Rail Connectivity MoU to Boost Regional Trade
Pakistan and Kazakhstan will sign a $7 billion rail connectivity MoU on February 3, 2026, marking a major breakthrough in regional transport links connecting Karachi Port with Central Asia.
OGDCL Receives Rs7.73bn Seventh Installment Under Circular Debt Settlement Plan
OGDCL has received its seventh monthly interest payment of Rs7.73 billion under Pakistan’s Circular Debt Settlement Plan, raising total recoveries to nearly Rs54 billion as part of government-led energy sector reforms.
U Microfinance Bank Names Sara Abbasi as Chief Enablement Officer
U Microfinance Bank appoints Sara Abbasi as Chief Enablement Officer. With 20+ years of experience in banking, technology, and FMCG, she will drive people strategy and culture transformation.
CDNS revises National Savings profit rates for January 2026 across conventional and Islamic schemes
Central Directorate of National Savings revises profit rates on National Savings Schemes effective January 23, 2026, adjusting returns on DSC, Behbood, Regular Income, Islamic savings, and prize bonds in line with market conditions.
SBP Cancels Glaxy Exchange License for Serious Regulatory Violations
The State Bank of Pakistan has revoked the license of Glaxy Exchange with immediate effect due to serious regulatory violations, barring the company from conducting foreign exchange business nationwide.
Soneri Bank names Izhar ul Hasnain Anjum as Senior VP Head of Sales
Soneri Bank appoints Izhar ul Hasnain Anjum as Senior Vice President and Head of Sales. With extensive banking and sales leadership experience, he is set to strengthen the bank’s market presence.
IMF Chief Commends Pakistan’s Economic Reforms, Backs Continuation of IMF Programme
IMF Managing Director Kristalina Georgieva has praised Pakistan’s commitment to difficult economic reforms, citing improved budget discipline and reaffirming IMF support for continued programme engagement.
Pakistan money supply rises to Rs46.5 trillion by December 2025: SBP data
State Bank of Pakistan data shows total money supply reached Rs46.5 trillion by December 2025, rising 2.9% month-on-month and 15.64% year-on-year, reflecting inflationary pressures and higher cash usage.
Pakistan receives $4.51 billion foreign aid in H1 FY26, bilateral and multilateral loans increase
Pakistan obtains $4.51 billion in foreign assistance in the first half of FY26, including $1.47 billion in December. Bilateral and multilateral loans and grants strengthen reserves and support economic stability.
NIBAF Hosts Printing Techniques Training for PSPC Leadership Induction Program Batch-3
NIBAF Pakistan conducted a specialised training session on printing techniques for PSPC Leadership Induction Program Batch-3, focusing on secure printing processes, quality standards and operational excellence.