Pakistan and Rwanda have reaffirmed their commitment to strengthen bilateral cooperation, expand trade, and explore new investment opportunities. This was highlighted during a dinner in Islamabad hosted by Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry in honor of Rwanda’s Minister of Trade and Industry, Prudence Sebahizi.

Gold demand hit record highs in 2025 as investors and central banks sought refuge from uncertainty surrounding U.S. President Donald Trump’s policies. Total purchases exceeded 5,000 tonnes, valued at $555 billion, marking a 45 percent increase compared with 2024, according to the World Gold Council.

The federal government of Pakistan has unveiled plans to boost the country’s gemstone exports by $1 billion over the next four to five years as part of a comprehensive gems and jewellery policy. An initial draft of the 2027–2030 policy has been prepared and will be shared with stakeholders for consultation, aiming to modernize the sector and align it with international standards.

Petroleum prices in Pakistan are expected to change from February 2026, with most fuels likely becoming more expensive, sources reported. Petrol may see a small decrease of up to 36 paisa per litre, while high-speed diesel is expected to rise by as much as Rs9.47 per litre. Kerosene oil could increase by Rs3.69 per litre, and light diesel oil may go up by up to Rs6.95 per litre.

The U.S. dollar steadied on Wednesday but remained on track for its largest weekly decline since April, following remarks from President Donald Trump dismissing concerns about the currency’s slide. The dollar index rose slightly to 96.216 but stayed near four-year lows, having lost about 2.7% since last Wednesday. Investors have increasingly moved into other currencies and gold amid growing

Novo Nordisk spent nearly $500 million on U.S. advertising for its GLP-1 drugs Wegovy and Ozempic during the first nine months of 2025, more than double the estimated $214 million spent by Eli Lilly on rival treatments, as the companies competed for market share. Novo allocated about $316 million to promote Wegovy, its weight-loss drug, and $169 million on Ozempic, used for diabetes,

Spot gold extended its record-breaking rally, reaching nearly $5,600 an ounce as investors sought safe-haven assets amid geopolitical tensions and economic uncertainty. Gold rose 2.7% to $5,542.29 an ounce, hitting an intraday record of $5,591.61, continuing a surge that pushed prices past $5,000 earlier this week. Strong demand, central bank buying, and a weaker dollar have driven gold up more

Türkiye has reaffirmed its commitment to strengthening economic ties with Pakistan, with both countries agreeing to send technical delegations to advance discussions on rice trade. The Federal Minister for Commerce, Jam Kamal Khan, met with Turkish Ambassador Dr. Irfan Nezirolu at the Ministry of Foreign Affairs to review and enhance bilateral trade cooperation, focusing on increasing Pakistan’s

Gold and silver prices in Pakistan hit record highs on Wednesday, January 28, driven by a sharp rally in international bullion markets, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA).

The government has officially launched the federal budget preparation process for the fiscal year 2026–27 with the issuance of the Budget Call Circular by the Finance Division. This document provides detailed instructions to all ministries and departments, outlining economic priorities, the full budget calendar, and new requirements related to climate and disaster-related spending. According to