CCoP Seeks Alternative Circular Debt Financing Mechanism Before FESCO, GEPCO And IESCO Privatisation
Cabinet Committee on Privatisation directs Power and Finance divisions to develop an alternative to Circular Debt Financing before the privatisation of FESCO, GEPCO and IESCO.
State Bank Of Pakistan Announces Assistant Director Jobs Under SBOTS 29th Batch
State Bank of Pakistan announces OG-2 Assistant Director positions under the 29th State Bank Officers Training Scheme, with applications open until September 14, 2026.
Fasset Reaches $1 Billion Valuation After $68 Million Series C Led By SBI Group
Fasset reaches a $1 billion valuation after raising $68 million in Series C funding led by SBI Group, marking a major milestone for Fatima Gobi Ventures and Pakistan’s venture capital ecosystem.
IMF Urges Pakistan To Restrict Direct Government Contracts With State Owned Companies
IMF has asked Pakistan to limit direct government contracts with state owned companies to exceptional cases as differences over new public procurement rules delay their approval.
HugoBank Completes Licensing Process After State Bank Of Pakistan Approval
HugoBank Limited has secured regulatory authorization from the State Bank of Pakistan, completing its licensing process ahead of the launch of commercial digital banking operations.
PSW And TDAP Expand Khadijah Program To Support Women Entrepreneurs In Global Trade
Pakistan Single Window and Trade Development Authority of Pakistan hold Khadijah Program sessions in Sialkot and Gujranwala to strengthen women entrepreneurs’ digital trade and export capabilities.
FPCCI Expresses Solidarity With Mian Muhammad Adrees, Forms High Level Liaison Committee
FPCCI President Atif Ikram Sheikh has expressed solidarity with Mian Muhammad Adrees and announced a high level liaison committee to examine the matter and present facts before the public.
NIBAF Pakistan Conducts Regulatory Training On Fair Treatment Of Banking Consumers
NIBAF Pakistan conducted a regulatory training session in Karachi on business conduct and fair treatment of consumers, covering consumer protection, grievance redressal and regulatory compliance.
Al Baraka Group Net Income Rises 10% To $204 Million In First Half Of 2026
Al Baraka Group reported total net income of $204 million for the first half of 2026, up 10% year on year, while net income attributable to parent company shareholders increased 14% to $113 million.
Listed Banks Post Rs168 Billion Profit In Second Quarter Of 2026
Pakistan’s listed banks reported combined profit of Rs168 billion in the second quarter of 2026, while first half earnings reached Rs342 billion amid weaker net interest income and rising operating expenses.