Pakistan has secured $3.5 billion in global financing for the Reko Diq Copper-Gold Project, marking a significant milestone in the country’s economic development and resource sector.
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Pakistan’s Exports to Saudi Arabia Surpass $700 Million, Marking Strong Growth in Bilateral Trade
10 October, 2025 0 11Pakistan’s exports to Saudi Arabia have exceeded $700 million, marking a significant increase in bilateral trade and reflecting growing economic ties between the two nations. Official data indicates that this rise stems from Pakistan’s expanding export portfolio, which now includes a diverse range of products such as food items, textiles, and industrial goods.
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Hubco Eyes Diversification into EVs and New Ventures Amid Strategic Growth Push
10 October, 2025 0 13The Hub Power Company (HUBC) is accelerating its strategy to diversify operations and capitalize on emerging business opportunities, driven by improved financial performance and a more stable policy environment. Following recent reforms and the timely release of government subsidies, HUBC reports strengthened cash flows, particularly for its coal-fired power plants, aided by a drop in interest
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State Bank of Pakistan to Utilize Raast for Government Payments, Enhancing Digital Transactions
10 October, 2025 0 15The State Bank of Pakistan (SBP) has announced a significant move to promote the adoption of Raast, the country’s official instant digital payment system, by routing all government payments through Raast by the end of the fiscal year 2025-26. To support this transition, the government has allocated a Rs3.5 billion subsidy program aimed at encouraging merchants to adopt Raast by reducing digital
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BankIslami Strengthens Pakistan’s Riba-Free Economy Vision with Safar-e-Kamiyaabi Campaign
10 October, 2025 0 11BankIslami continues to spearhead Pakistan’s transition toward a riba-free economy through its nationwide Safar-e-Kamiyaabi initiative. Recently, the bank’s leadership visited the historic Mahabat Khan Masjid in Peshawar, conducting customer engagement sessions that emphasized the core principles of Islamic finance and the mission to “Save Humanity from Riba.”
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Top Saudi Trade Delegation Visits Pakistan to Explore New Investment Opportunities
10 October, 2025 0 13A top-level Saudi trade delegation recently visited Pakistan to explore new investment opportunities, marking another significant step in strengthening economic ties between the two countries. This visit follows the landmark mutual defence agreement that has already deepened strategic cooperation between Pakistan and Saudi Arabia.
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Pakistan’s Interloop to Invest $35 Million in Egypt’s Suez Canal Economic Zone for New Hosiery Plant
09 October, 2025 0 16Pakistani textile giant Interloop is making a strategic $35 million investment to set up a hosiery manufacturing plant in Egypt’s Suez Canal Economic Zone. This expansion is designed to optimize the company’s global supply chain by cutting shipping times by approximately 20 days and lowering production costs by 10%.
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IMF Urges Pakistan to Raise Taxes on Fertilizer and Pesticides to Address Revenue Shortfall
09 October, 2025 0 11The International Monetary Fund is pressing Pakistan to significantly raise taxes on agriculture inputs, recommending that the federal excise duty on fertilizer be doubled to 10 percent and a new 5 percent duty be imposed on pesticides. These policy changes are intended to help close a projected revenue shortfall of Rs. 400–500 billion in the current fiscal year. The government, however, has
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German Engineering Giant KSB to Establish Major Manufacturing Facility in Pakistan
09 October, 2025 0 17German engineering firm KSB has announced its decision to build a large-scale manufacturing facility in Pakistan, marking a major development in foreign investment and industrial cooperation between Germany and Pakistan. This move is part of KSB’s broader strategy to expand its global footprint and deepen its presence in South Asia’s growing markets.
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Pakistan’s Central Government Debt Falls by Rs. 430 Billion, Now at Rs. 77.46 Trillion
08 October, 2025 0 15Pakistan’s central government debt has declined by Rs. 430 billion, reaching Rs. 77.46 trillion during the first two months of fiscal year 2026, according to the latest data released by the State Bank of Pakistan. This rare month-on-month drop offers a positive signal, even as the overall debt level remains 10.1% higher compared to the same period last year.
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