Business
Pakistani Man Wins AED 50,000 Lottery in UAE
A Pakistani expatriate living in Dubai has struck good fortune after winning AED 50,000 in the popular UAE Big Ticket lottery, ending nearly a decade of persistence and hope. The win has brought joy not only to the winner but also to his group members, with whom he shared the prize. Dubai-based expat Irshad Gull, […]
Balochistan Launches Subsidized Electric Scooter Scheme in Partnership With National Bank
Balochistan has become the latest province to introduce a subsidized electric scooter scheme, marking another step toward promoting affordable and environmentally friendly transportation. The initiative is a joint effort between the Government of Balochistan and the National Bank of Pakistan, aimed at making electric mobility accessible to students, working women, and the general public through […]
Pakistan Plans Complete Redesign of Currency Notes; Old Notes to Remain Valid
Pakistan is preparing for a major update to its national currency system as the federal government has decided to redesign all currency notes ranging from Rs. 10 to Rs. 5,000. The move is aimed at modernizing banknotes, enhancing security features, and aligning Pakistan’s currency with international standards, according to sources familiar with the development. Alongside […]
PIA’s New Owner Plans Major Overhaul, Eyes Investment in PNSC
Pakistan International Airlines (PIA) is set for a significant revival under its new management led by renowned businessman Arif Habib, who announced plans to revamp the national carrier while exploring investment opportunities in the Pakistan National Shipping Corporation (PNSC). The consortium aims to improve service quality, expand the fleet, resume profitable routes, and strengthen operational […]
PM Shehbaz Directs Easier Credit Access for SMEs and Small Farmers
Prime Minister Shehbaz Sharif has called for easier access to credit for small and medium-sized enterprises (SMEs) and small farmers, emphasizing the government’s commitment to private sector-led growth and economic inclusion. During a high-level meeting, the premier outlined measures to simplify loan procedures and expand financial support to foster entrepreneurship and agricultural productivity. The meeting […]
PM Shehbaz Calls for New Palm Oil Production Policy to Boost Agricultural Exports
Prime Minister Shehbaz Sharif has called for the formulation of a comprehensive palm oil production policy aimed at strengthening Pakistan’s agricultural exports and reducing reliance on imports. The directive focuses on utilizing the country’s coastal belt for large-scale palm oil cultivation. During a meeting on Tuesday, the prime minister asked relevant ministries and stakeholders to […]
AirSial Extends Aircraft Maintenance Agreement With Turkish Technic for Another Five Years
Pakistani airline AirSial has officially extended its aircraft maintenance agreement with Turkish Technic for an additional five years, reinforcing its focus on operational safety, reliability, and international maintenance standards. The renewed partnership highlights AirSial’s long-term strategy to ensure consistent technical support for its growing fleet. The agreement allows Turkish Technic, a globally recognized aircraft maintenance, […]
Rising Incomes, Higher Expenses, and Fewer Homeowners in Pakistan
Pakistan’s latest Household Integrated Economic Survey 2024–25, released by the Pakistan Bureau of Statistics, reveals a complex economic picture with rising incomes, escalating expenses, shifts in housing, and rapid digital adoption. The survey shows that the average monthly household income increased by 97% over the past five years, reaching Rs82,179. However, household expenses grew even […]
PM Directs Pakistani Embassies Worldwide to Actively Facilitate Foreign Investors
Prime Minister Muhammad Shehbaz Sharif has instructed Pakistani embassies across the globe to take a proactive role in attracting and facilitating foreign investment, declaring investor support a top priority for the government. The directive underscores Pakistan’s renewed focus on economic growth through increased international engagement. The instructions were issued during the first review meeting of […]
FBR Orders Tax Scrutiny of Major Exporters, Warns of Legal Action
The Federal Board of Revenue (FBR) has ordered strict tax scrutiny of major exporters across Pakistan after observing a sudden and concerning decline in the taxable income declared in recent returns. The move signals a tougher stance by the tax authority to curb underreporting and strengthen compliance within the export sector. According to official directives, […]