Pakistan has called for a stronger economic partnership with Egypt, urging both countries to expand cooperation beyond traditional trade and focus on strategic investment, joint production, technology transfer, and regional value chains. The proposal was presented by Commerce Minister Jam Kamal Khan during a reception in Islamabad marking Egypt’s National Day. Addressing diplomats, government...
The federal government borrowed Rs272 billion from domestic banks during the first month of fiscal year 2025-26 (FY2026), despite recording a budget surplus, highlighting the country’s continued dependence on borrowing to meet financing and debt management requirements. The borrowing figures were released by the State Bank of Pakistan (SBP) and analyzed in a report....
Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s commitment to ensuring the safety and security of Chinese nationals and investors, describing their protection as the government’s highest priority. Speaking at the Pakistan-China Pharmaceutical Business-to-Business (B2B) Conference in Islamabad, the prime minister assured Chinese companies that comprehensive security measures remain in place to support investment and long-term...
Pakistan has highlighted its growing pharmaceutical industry as a promising destination for foreign investment, with Health Minister Syed Mustafa Kamal inviting international companies—particularly Chinese firms—to explore business opportunities in the country’s healthcare and biotechnology sectors. The invitation arrived during the Pakistan-China Business-to-Business (B2B) Conference on Pharmaceuticals, Healthcare, and Biotechnology, held in Islamabad. The minister said...
Pakistan’s import profile witnessed a significant shift during FY2025-26, with surging imports of coal, soybean seeds, and industrial raw materials driving overall cargo growth despite a sharp decline in liquefied natural gas (LNG) and other liquid cargo imports. According to annual statistics released by the Port Qasim Authority (PQA), total imports handled at the port...
The Karachi Port Trust (KPT) has successfully received and is handling one of the world’s largest container ships, marking a significant achievement for Pakistan’s maritime and logistics sector. The ultra-large container vessel, MSC Erica, arrived at South Asia Pakistan Terminals Limited (SAPTL) on July 12, highlighting the port’s growing capability to accommodate some of the...
Despite decades of government support and billions of rupees in incentives, Pakistan’s automobile industry has struggled to establish a meaningful presence in international markets, while the country’s aerospace sector has emerged as a globally recognized success story. An analysis highlights the stark contrast between the performance of the two industries and calls for a major...
Pakistan’s stock market came under intense selling pressure on Monday as escalating military tensions between the United States and Iran rattled investor confidence, sending the benchmark KSE-100 Index down by more than 1,700 points during intraday trading. The sharp decline began immediately after the opening bell, with investors rushing to offload shares amid growing...
As Eid al-Adha approaches, sacrificial animal prices across Pakistan have surged sharply, adding further pressure on families already struggling with rising inflation and increasing living costs. Buyers visiting cattle markets in Karachi, Lahore, Rawalpindi, and Peshawar are expressing concern over unusually high prices for goats, sheep, cows, and camels. According to market traders, the price...