The 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

The 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

BankIslami 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.”

A 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.

Pakistani 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%.

The 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

German 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.

Pakistan’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.

The State Bank of Pakistan (SBP) has issued a formal clarification stating that recent revisions to trade data by the Pakistan Bureau of Statistics (PBS) will not lead to any major changes in the current account balance figures released by the central bank. The SBP emphasized that its trade statistics are primarily derived from trade payments data reported by commercial banks, rather than the

Goldman Sachs has significantly raised its gold price forecast, projecting the precious metal to reach $4,900 per ounce by the end of 2026, up from its previous target of $4,300. This revision reflects growing and sustained demand, particularly from central banks and Western investors, which the bank says has redefined gold’s valuation baseline.