RUDA and easypaisa Digital Bank Partner to Transform 93 Villages into Cashless Hubs
Ravi Urban Development Authority and easypaisa digital bank sign MoU to drive financial inclusion and establish Ravi City as a model for the Prime Minister’s Cashless Pakistan Scheme.
Wall Street Secures Major Regulatory Win as Federal Reserve Softens Basel III Capital Requirements
US banking regulators have unveiled a revised capital rule proposal, cutting requirements by 4.8 percent and freeing billions for dividends, buybacks, and lending.
Pakistan Implements Massive Salary Cuts for SOE Employees Amid Global Energy Crisis
PM Shehbaz Sharif mandates 5-30% salary cuts for SOE employees as part of a rigorous austerity drive to mitigate the impact of the US-Iran war on fuel prices.
Gulf Oil Nations Suffer Billions in Revenue Loss as Strait of Hormuz Blockade Traps Global Energy Supplies
Gulf energy producers face a staggering 15.1 billion dollar revenue deficit as the Strait of Hormuz shutdown strands millions of barrels of crude and LNG shipments.
Iran Proposes Yuan Based Oil Trade to Bypass Strait of Hormuz Blockade Amid Global Energy Crisis
Tehran explores a strategic shift in energy logistics by offering limited Strait of Hormuz passage for oil tankers willing to settle transactions in Chinese yuan.
Global Energy Shock as Gulf Nations Declare Force Majeure Amid Middle East Conflict
atar, Kuwait, and Bahrain invoke force majeure on gas exports as the Strait of Hormuz closure disrupts 20 percent of global LNG supply and sends prices soaring.
UAE Stock Markets Plunge as Regional Tensions Ignite Supply Chain and Energy Security Fears
Dubai and Abu Dhabi stock markets face sharp declines as escalating Middle East tensions and threats to the Strait of Hormuz unsettle global investors and energy flows.
ATIR Ruling Reclassifies Banking IT Assets as Plant and Machinery for Tax Benefits
The Appellate Tribunal Inland Revenue has ruled that banking computers and office equipment now qualify as plant and machinery under Section 23 for better tax depreciation.
Pakistan Business Confidence Doubles in Six Months – OICCI Reports Sharp Rise in Investor Sentiment
OICCI’s latest survey shows Pakistan’s business confidence index doubled in six months, with strong gains across services, retail, manufacturing, foreign investment, and AI adoption.
NCPS 2025 Survey: Corruption Remains Top Concern for Pakistanis, Institutional Reforms Urged
NCPS 2025 by Transparency International Pakistan reveals corruption as a top public concern, highlighting trust issues, institutional performance, and strong demand for accountability reforms.