Pakistan and Saudi Arabia are advancing plans for a major economic initiative known as the Pakistan-Saudi Economic Corridor, a proposed framework designed to enhance regional trade, investment, and connectivity between South Asia and the Middle East. Modeled after the China-Pakistan Economic Corridor (CPEC), this strategic partnership aligns with Saudi Arabia’s Vision 2030 and Pakistan’s
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Hutchison Ports Pakistan Leads Green Port Revolution with Nation’s Largest Electric Container Handling Fleet
07 October, 2025 0 8Hutchison Ports Pakistan, the country’s only deep-water container terminal, is leading the way in sustainable port operations with a significant investment in green technology. The terminal now operates the largest fleet of fully electric container handling equipment in Pakistan, setting a new standard for environmentally responsible logistics infrastructure.
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SBP Clarifies Current Account Balance Following PBS Trade Data Revision
07 October, 2025 0 7The State Bank of Pakistan (SBP) has clarified that its current account balance data will not undergo significant revisions following recent updates to trade figures released by the Pakistan Bureau of Statistics (PBS). In response to speculation about potential changes, the SBP explained that its trade data is primarily derived from trade payments information collected directly from banks,
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Pakistan and Malaysia Strengthen Ties with $200M Meat Deal and Strategic MoUs in Education, Tourism, and Trade
07 October, 2025 0 10Pakistan and Malaysia have recently bolstered their bilateral relations through a $200 million meat import agreement, alongside signing new Memorandums of Understanding (MoUs) covering key sectors such as higher education, tourism, small and medium enterprises (SMEs), Halal certification, and anti-corruption efforts. This significant partnership was highlighted during a high-profile meeting
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Dubai’s Roasters Specialty Coffee House Sets World Record with Nearly 200,000 PKR Cup of Coffee Featuring Rare Panamanian Geisha Beans
07 October, 2025 0 3Dubai’s Roasters Speciality Coffee House has made headlines by setting a world record for serving the most expensive cup of coffee, priced at nearly ₹2 lakhs. This extraordinary offering wasn't just about the beverage—it was a curated luxury experience designed for coffee connoisseurs seeking exclusivity.
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Pakistan’s Mobile App Development Activity Drops to Record Low in 2025, Raising Industry Concerns
07 October, 2025 0 4Pakistan’s mobile app development industry experienced a significant downturn in 2024, with Android app output plunging 55% year-over-year to just 1,700 new apps. This sharp decline, detailed in the State of Apps 2024 report by Data Darbar using Appfigures data, marks one of the most severe setbacks in the country’s digital development history. In contrast, iOS app production remained steady,
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Pakistan Relaxes Used Car Import Regulations for 2025, Aligns Policy with Regional Best Practices
07 October, 2025 0 8Pakistan is set to ease its used car import policy, allowing commercial imports of passenger vehicles up to five years old starting in September 2025. The decision marks a significant shift aimed at balancing consumer demand, regional trade practices, and domestic industry protection. Under the new framework, these imports will be allowed until June 30, 2026, with a 40 percent regulatory duty in
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Pakistani Exporters Turn to Forward Dollar Sales to Hedge Currency Risk
06 October, 2025 0 12Exporters in Pakistan are increasingly turning to forward dollar sales to hedge against risks linked to the country’s managed exchange rate, currency dealers reported. Despite a slight appreciation of the Pakistani rupee against the US dollar, exporters remain cautious and prefer to lock in future exchange rates amid fears of potential volatility once currency controls are eased. Dealers in the
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OGDCL Discovers New Hydrocarbon Reserves in Sindh, Strengthening Pakistan’s Energy Outlook
06 October, 2025 0 14Oil & Gas Development Company Limited (OGDCL) has reported a major hydrocarbon discovery at the Bitrism East-1 well located in Khairpur, Sindh. This development marks a significant step in enhancing Pakistan’s domestic energy reserves. Drilling at the site began on June 30, 2025, and the well was drilled to a depth of 3,800 meters targeting the Sembar Formation. Following completion of Drill
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Pakistan Delivers First Rare Earth Minerals Shipment to US Strategic Metals Under $500M Bilateral Partnership
06 October, 2025 0 10Pakistan has successfully delivered its first shipment of rare earth elements and critical minerals to US Strategic Metals in the United States, marking a significant milestone in the country’s entry into the global high-value minerals market. The consignment includes antimony, copper concentrate, and rare earth elements such as neodymium and praseodymium—all sourced and processed domestically.
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