Bank Makramah Approves Rs10 Billion Sponsor Investment
Bank Makramah’s Board has approved a Rs10 billion sponsor investment, with the amount to be recorded as an advance against share subscription pending regulatory and corporate approvals.
SBP Revises Housing Finance Rules With 30 Year Maximum Tenor
SBP has revised housing finance regulations, setting a 30 year maximum tenor, 90:10 LTV ratio and new requirements for income assessment, property valuation, insurance and restructuring.
Pakistan’s IT Exports Hit Record $4.6 Billion In FY2025-2
Pakistan’s IT and IT enabled services exports reached a record $4.6 billion in FY2025-26, rising 20.6% year on year as technology becomes an increasingly important source of foreign exchange.
Pak Datacom Shifts NBP, OGDCL And AGPR Satellite Services To UAE’s Yahsat
Pak Datacom has shifted satellite connectivity for NBP, OGDCL and AGPR from a Paksat based network to UAE based Yahsat, prompting security and compliance concerns.
SBP Cancels Al-Rahim Exchange Company Licence With Immediate Effect
State Bank of Pakistan cancels Al-Rahim Exchange Company’s authorisation with immediate effect over serious regulatory violations, barring the company from all foreign exchange related activities.
FBR Demonstrates New Property And Business Capital Features In Tax Return System
FBR demonstrated income tax return system features to Karachi Tax Bar, including property investments, business capital entries, inherited property and tax declarations.
OGRA Launches Real Time Digital Petroleum Stock Tracking System
OGRA is developing a digital system to track petroleum stocks in real time through ERP systems and Automatic Tank Gauging sensors, improving supply chain visibility.
LSE SPAC-II Board Recommends Rs180 Million Investment In M.P. Industries
LSE SPAC-II’s Board has recommended a Rs180 million investment in M.P. Industries through the subscription of 269,000 ordinary shares, subject to shareholder approval.
SBP Revises Housing Finance Rules, Sets 30 Year Maximum Tenor
State Bank of Pakistan has revised housing finance regulations, setting a 30 year maximum tenor, 90:10 LTV ratio and new requirements for income assessment, insurance and restructuring.
Samba Bank Acquisition PAO Deadline Extended To November 17, 2026
Samba Bank’s proposed acquisition by Najd Gateway Holding Company has received a 90 day extension for the Public Announcement of Offer, moving the deadline to November 17, 2026.