Pakistan’s mobile phone imports reached Rs. 226 billion in the first five months of fiscal year 2026, marking an increase of more than 40 percent compared to the same period last year, according to official data. Between July and November FY26, imports totaled $801 million, driven by rising consumer demand. While month-on-month imports increased in November, year-on-year figures showed a slight

Pakistan and China have agreed to enhance coordination across both bilateral and multilateral platforms, reinforcing their longstanding strategic partnership. This consensus emerged during the seventh round of the Pakistan–China Foreign Ministers’ Strategic Dialogue held in Beijing, co-chaired by Chinese Foreign Minister Wang Yi and Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar.

Anas Ali, a 24-year-old entrepreneur from Pakistan, has emerged as a notable figure in the country’s digital economy, focusing on e-commerce education and online trading. Over time, he has shared practical insights and strategies on digital skills and online earning methods, reaching a wide audience of aspiring entrepreneurs and learners.

Pakistan is preparing a $3–4 billion high-rise redevelopment of the Roosevelt Hotel in New York City, using a joint-venture privatization model designed to maximize returns while retaining a significant government stake. The Roosevelt Hotel, a 16-storey landmark located in midtown Manhattan, is set to be redeveloped into a modern 50–60 storey high-rise property, reflecting a major upgrade that

Saudi Arabia has approved regulatory frameworks for four special economic zones (SEZs) as part of its strategy to attract global investment and strengthen its business environment. The Cabinet decision covers zones in Jazan, Ras Al-Khair, King Abdullah Economic City, and a Cloud Computing and Information Technology Zone in Riyadh, marking the start of the formal legal and operational phase for

DG Khan Cement has announced plans to establish Pakistan’s largest single clinker production line at its Dera Ghazi Khan facility, with a capacity of 11,000 tons per day, following the issuance of a Letter of Credit for the project. The expansion will increase the company’s annual clinker production capacity to 10 million tons, reinforcing its position as the fifth-largest cement producer in

Prime Minister Muhammad Shehbaz Sharif has emphasized the importance of attracting foreign investment, directing Pakistani embassies worldwide to take an active role in investor facilitation as a top government priority. In a New Year review meeting in Islamabad, he instructed relevant ministries to work closely with overseas missions to provide potential investors with timely information,

President Donald Trump has blocked the $3 million acquisition of New Jersey-based aerospace and defense company Emcore by U.S. photonics firm HieFo Corp, citing national security concerns linked to China. In a White House order, Trump stated that HieFo was “controlled by a citizen of the People’s Republic of China” and that its 2024 purchase of Emcore’s assets could potentially threaten U.S.

Gold prices in Pakistan declined again after recording a sharp increase a day earlier, reflecting continued volatility in the precious metals market. After rising by Rs5,700 per tola in the previous session, gold witnessed a significant correction as prices fell by Rs4,700 per tola, bringing the latest rate to Rs455,562 per tola.

Apple has reportedly scaled back production of its Vision Pro headset, a device once promoted as the future of “spatial computing,” after struggling to gain consumer traction. Market intelligence from Sensor Tower indicates that Apple also cut marketing spending for the $3,499 device by more than 95% in 2025, highlighting the company’s retreat from promoting the headset.