Askari Life Assurance Completes 51% Share Transfer From AWT To Fauji Foundation
Askari Life Assurance Company Limited has completed the transfer of 51% of its issued and paid-up share capital from Army Welfare Trust to Fauji Foundation, with the transaction completed on August 28, 2026.
PACRA Signs MoU With China’s Lianhe Global To Expand Sustainable Finance Cooperation
Pakistan Credit Rating Agency Limited has signed a Memorandum of Understanding with China’s Lianhe Ratings Global to explore sustainable finance ratings, green instruments, research and potential Panda Bond rating services.
Pakistan Inflation Expected At 10 To 11 Percent As Economic Risks Rise In FY27
Pakistan’s inflation is expected to remain elevated at 10 to 11 percent in August 2026, while weaker foreign investment, private-sector credit contraction and climate risks create additional challenges for economic growth and the external account.
Bank Alfalah Earns Recognition At Dragons Of Pakistan 2026
Bank Alfalah has received recognition at Dragons of Pakistan 2026 for ideas, innovation and impact, highlighting the bank’s focus on creating work that delivers meaningful results.
SBP Designates NIFT As Payment System Operator Under New Regulatory Framework
State Bank of Pakistan formally designates National Institutional Facilitation Technologies as a Payment System Operator, recognising its role in Pakistan’s payment infrastructure and cheque clearing network.
Pakistan’s Domestic Demand Recovery Gains Momentum Across Key Sectors In FY27
Pakistan’s domestic demand recovery is gaining momentum in the opening month of FY27, with automobiles, petroleum, cement and mobile phones recording stronger demand, while improving credit and business confidence support wider economic activity.
IRIS 3.0 Signals Major Shift Toward Data Driven Tax Administration In Pakistan
FBR’s reported development of IRIS 3.0 could move Pakistan’s tax system beyond digital filing toward automated administration, pre-filled taxpayer data, cross-source integration, stronger verification and data-driven compliance.
ICMA KSA Branch Council To Host Webinar On Balanced Scorecard And Strategy Execution
ICMA KSA Branch Council and National CPD Committee will host an online webinar on Balanced Scorecard, strategic planning, performance measurement and organisational alignment on September 5, 2026.
PSX KSE-100 Index Falls 721 Points Amid US Iran Tensions And Oil Supply Concerns
Pakistan Stock Exchange’s KSE-100 Index fell 720.83 points to 176,975.67 as concerns over Strait of Hormuz disruptions and higher oil prices weighed on investor sentiment.
World Bank Supported Projects Reviewed At PESCO To Strengthen Power Transmission Network
A Ministry of Planning and Development delegation reviewed World Bank supported development projects at PESCO, focusing on transmission capacity, project targets and reliable electricity supply.