International Federation of Air Traffic Controllers Associations Commends Pakistani ATCOs for Safety Standards
The International Federation of Air Traffic Controllers Associations recognizes Pakistani ATCOs for maintaining global safety and efficiency standards under pressure.
CCP Approves Jazz Acquisition of TPL Insurance to Expand Digital Financial Services
The Competition Commission of Pakistan has cleared Jazz International Holding Limited to acquire a controlling stake in TPL Insurance to boost digital inclusion.
Pakistan Government Slashes Development Spending to Rs837 Billion to Meet IMF Targets
The federal government has reduced the Public Sector Development Programme by Rs172.8 billion to manage fiscal pressures and fulfill IMF primary surplus requirements.
National Bank of Pakistan Partners with ISTIQEME to Accelerate Merchant QR Deployment
NBP and ISTIQEME sign an MoU to expand Pakistan’s digital payment ecosystem through merchant QR code infrastructure and specialized training initiatives.
State Bank of Pakistan Updates Framework to Allow Banking Access for Licensed Virtual Asset Providers
SBP issues new guidelines under the Virtual Assets Act 2026 allowing banks to provide accounts and services to PVARA-licensed Virtual Asset Service Providers.
United Bank Limited Q1 2026 Profit Surges 34 Percent to Rs48 Billion
UBL reports a profit after tax of Rs48.42 billion for Q1 2026, driven by a massive 422% gain on securities and strong interest income growth.
Pakistan Bank Deposits Surge 18 Percent to Reach 37 Trillion Rupees in March 2026
State Bank of Pakistan data reveals an 18.1% YoY increase in bank deposits to Rs37.51 trillion, while the ADR drops to 38.8% due to sluggish credit demand.
LSE Capital Advances LSE SPAC-I Listing on Pakistan Stock Exchange to Fuel Energy Acquisition
LSE Capital receives approval for the Rs250 million listing of LSE SPAC-I Limited on the PSX Main Board to facilitate a strategic merger with Ningbo Green Light Energy.
Pakistan and Russia Expand Strategic Cooperation Across Energy and Defense Sectors
Pakistan and Russia move toward strategic convergence as Ambassador Faisal Niaz Tirmizi confirms ruble and yuan trade mechanisms and upcoming joint military drills.
Fitch Ratings Affirms Pakistan IDR at B- with Stable Outlook Amid IMF Progress
Fitch Ratings maintains Pakistan’s Long-Term Foreign-Currency Issuer Default Rating at B- citing fiscal consolidation and successful IMF program reviews.