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.
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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 10Pakistani 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 7The 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 12German 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 13Pakistan’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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SBP Clarifies Current Account Balance Following Revised Trade Data from PBS
08 October, 2025 0 4The 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
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Goldman Sachs Raises Gold Price Forecast Amid Economic Uncertainty and Strong Demand
08 October, 2025 0 9Goldman 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.
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Pakistan’s IT Exporters Enter Kuwaiti Market at Inaugural Tech Conference 2025
08 October, 2025 0 10Pakistan’s information technology sector has officially entered the Kuwaiti market, marking a significant milestone for the country's expanding digital economy. A delegation of 17 prominent Pakistani IT firms, led by the Pakistan Software Export Board (PSEB), participated in the inaugural Pakistan-Kuwait Tech Conference 2025, a first-of-its-kind event focused on fostering bilateral
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Pakistan and Saudi Arabia Advance Plans for CPEC-Style Economic Corridor Following Historic Defense Agreement
08 October, 2025 0 9Pakistan 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 15Hutchison 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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