UAE Seeks Federal Reserve Currency Swap Line Amid Escalating Iran Conflict
The United Arab Emirates has initiated discussions with US officials regarding a financial backstop and currency swap line to protect its economy from the ongoing Iran war.
Pakistan Streamlines Public-Private Partnership Framework to Bolster Infrastructure Investment
Prime Minister Shehbaz Sharif approves the integration of P3A with the privatization framework to accelerate development projects through private sector capital.
FIA Uncovers Rs6.6 Billion Benami Account Fraud Involving Bank Officials and Biscuit Manufacturer
The Federal Investigation Agency has registered an FIR against a private company and bank officials for a multi-billion rupee tax evasion and money laundering scheme.
Asia Pacific Regulators Tighten Cybersecurity Oversight Following Anthropic Mythos AI Risks
Financial regulators in Singapore, South Korea, and Australia escalate scrutiny as Anthropic’s Mythos model reveals deep security vulnerabilities in global banking systems.
Pakistan Banks Association Leads Banking Gender Revolution to Close Financial Inclusion Gap
The PBA highlights a significant shift in women’s financial inclusion in Pakistan, with inclusion rates rising from 14% to 43% behind the Banking on Equality policy.
Pak EXIM and Saudi Pak Investment Company Collaborate to Build Resilient Export Frameworks
Pak EXIM President Shahbaz Syed and SAPICO CEO Rizwan Ahmed Sheikh meet to develop integrated financial tools and risk mitigation strategies for Pakistani exporters.
Bank of Punjab and Stacks Partner to Launch Blockchain Remittance Pilot Using Stablecoins
BOP signs a strategic MoU with Stacks to transform Pakistan’s remittance landscape through blockchain technology and stablecoin-based cross-border payments.
NCCPL Sets April 30 Deadline for Mandatory Collection of March Capital Gains Tax
The National Clearing Company of Pakistan notifies brokers and asset managers that Capital Gains Tax for March 2026 will be debited on April 30.
Pakistan Business Council Warns of Structural Economic Collapse Amid Unfair Tax Burden
Power Minister Awais Leghari orders an independent probe into distribution companies for purchasing expensive electricity outside the national grid violating merit orders.
Power Division Mandates NEPRA Licensing and New Fees for Solar Consumers
Pakistan’s Ministry of Power Division introduces new solar regulations including a mandatory NEPRA license and a fee of Rs 1,000 per kilowatt for all users.