Gold Prices Fall in Pakistan Following Global Market Decline

    By Aftab Ahmed | February 13, 2026

    Gold prices in Pakistan declined on Friday, following international market trends, with the local rate per tola dropping by Rs8,600 to close at Rs519,962 amid cautious investor sentiment. The 10-gram gold rate also fell, reaching Rs445,783 after a decrease of Rs7,373, as reported by the All-Pakistan Gems and Jewellers Sarafa Association, reflecting subdued domestic demand…

    Chinese Firm Eyes Sea-to-Steel Corridor

    By Aftab Ahmed | February 13, 2026

    A Chinese company has expressed strong interest in developing the proposed “Sea-to-Steel Green Maritime Industrial Corridor,” a project aimed at linking ship recycling with domestic steel production. The initiative is aimed at reducing reliance on imported raw materials by utilizing recyclable scrap from dismantled vessels, strengthening local industry and lowering input costs. According to a…

    Pakistani Rupee Gains Slightly Amid Economic Recovery Signs

    By Aftab Ahmed | February 12, 2026

    The Pakistani rupee posted a slight gain against the US dollar on Thursday, closing at 279.65 in the inter-bank market, marking an increase of Re0.01 from Wednesday’s closing rate of 279.66. State Bank of Pakistan Governor Jameel Ahmad said the country’s economy is expected to grow between 3.75% and 4.75% in FY26, signalling a gradual…

    EFERT Profit Falls 19% YoY in 4Q2025

    By Aftab Ahmed | February 12, 2026

    Engro Fertilizers (EFERT) announced its 4Q2025 financial results on Thursday, wherein the company recorded consolidated quarterly profit of Rs8.4bn (EPS: Rs6.26), down 19% YoY and up 44% QoQ. The result came in below industry expectations due to lower-than-expected gross margins along with the one-time recognition of a super tax charge amounting to ~Rs2bn in 4Q2025….

    PHC Imposes Rs500K Penalty on Customs Officials

    By Aftab Ahmed | February 12, 2026

    The Peshawar High Court has imposed financial liability on customs officials on two separate counts, reinforcing strict accountability for abuse of authority and misuse of constitutional jurisdiction. In its judgment, the Court imposed exemplary costs of Rs. 500,000/- on the Collector Customs, Peshawar, for filing a frivolous constitutional petition challenging the decisions of the Federal…

    Sindh Plans Youth Card Launch Before June

    By Aftab Ahmed | February 12, 2026

    The Sindh government has begun preparations to introduce a Youth Card programme designed to provide educational, employment, and sports opportunities to young people across the province. The initiative was discussed during a meeting at the Sindh Secretariat chaired by Sports and Youth Affairs Minister Sardar Muhammad Bakhsh Mahar, where officials reviewed initial proposals. During the…

    The TCS Group signs 4 strategic MOUs with Kazakhstan counterparts.

    By Aftab Ahmed | February 11, 2026

    The TCS Group signed 4 MoUs with leading Kazakh institutions, including The Chamber of International Commerce of Kazakhstan, Baiterek National Investment Holding Company, KUSTO Logistics LLP and Qazpost- Kazakhstan’s national postal organization. Signed during the Pakistan–Kazakhstan Business Forum, coinciding with President Kassym-Jomart Tokayev’s landmark visit to Pakistan, the MOUs position TCS as a key facilitator…

    Federal Minister Qaiser Ahmed Sheikh Welcomes Saudi Kyan Delegation

    By Aftab Ahmed | February 11, 2026

    Federal Minister for Board of Investment (BOI), Mr. Qaiser Ahmed Sheikh, welcomed a delegation from Kyan, Saudi Arabia, during their visit to Pakistan. The delegation participated in the “Indus AI Week” organized by the Ministry of Information Technology and Telecommunication (MoITT). The Federal Minister highlighted the longstanding brotherly relations between Pakistan and Saudi Arabia and…

    166 Pakistani Firms in Cambodia: Push for Stronger Business Linkages

    By Aftab Ahmed | February 11, 2026

    Special Assistant to the Prime Minister (SAPM), Mr. Haroon Akhtar Khan, held a meeting with H.E. Ms. Cham Nimul, Minister for Commerce of Cambodia, to discuss avenues of economic and industrial cooperation between the two countries. During the meeting, both sides exchanged views on strengthening economic and industrial partnerships, enhancing future bilateral relations, and promoting…

    SECP Facilitates Landmark FDI in Pakistan’s Insurance Sector

    By Aftab Ahmed | February 11, 2026

    The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited. This partnership between a digital insurer and a major digital operator is expected to increase insurance penetration and foreign investment. The SECP’s facilitation of this deal aligns with the goals…