25 Apr, 2026
2 mins read

Pakistan Ports Handle Over 179,000 Tons of Cargo Amid Strait of Hormuz Tensions

Maritime trade activity in Pakistan remained steady as major ports collectively handled 179,335 metric tons of cargo in a single day, despite heightened regional uncertainty linked to tensions around the Strait of Hormuz. The performance highlights the resilience of Pakistan’s shipping and logistics sector at a time when global supply chains continue to face geopolitical […]

1 min read

SBP Relaxes Forex Rules to Accelerate Energy Imports Amid Rising Demand

The State Bank of Pakistan (SBP) has introduced new measures to ease foreign exchange regulations, aiming to streamline the import of essential energy resources. The move comes as Pakistan navigates global market volatility and increasing domestic energy requirements. In a recent circular issued to authorized dealers, the central bank allowed commercial banks to issue financial […]

1 min read

Pakistan Navy Successfully Tests Taimoor Air-Launched Cruise Missile, Showcasing Enhanced Strike Capability

The Pakistan Navy has successfully conducted a live firing of the Taimoor Air-Launched Cruise Missile, marking a significant advancement in the country’s indigenous defense capabilities. The test demonstrated precision strike performance and reinforced the Navy’s operational readiness in maritime security. According to official details, the air-launched cruise missile executed its mission with high accuracy, effectively […]

1 min read

Government Ends Free Electricity Units for Power Sector Employees in Landmark Reform

In a significant policy shift, Pakistan’s Power Minister Awais Leghari has announced the abolition of free electricity units previously granted to power sector employees. The decision, described as a major reform, follows approval from the Lahore High Court and marks a turning point in the country’s energy governance. The minister shared the development on social […]

1 min read

Power Minister Announces Gradual Relief in Loadshedding Amid Ongoing 4,000MW Shortfall

Federal Minister for Power Awais Ahmad Khan Leghari has announced that electricity loadshedding will begin to ease from tonight, offering partial relief to consumers across the country. The statement comes despite Pakistan continuing to face a significant power shortfall of nearly 4,000 megawatts. The minister expressed regret over the inconvenience caused by prolonged power outages […]

1 min read

Finance Minister Pushes Cashless Economy Vision in Key Mastercard Meeting

Muhammad Aurangzeb advanced Pakistan’s push toward a cashless economy during a high-level meeting with Tucker Foote, Chief Government Affairs Officer at Mastercard. The discussion took place in Washington, D.C. on the sidelines of the World Bank IMF Spring Meetings 2026. The meeting centered on accelerating digital payments and expanding financial inclusion across Pakistan. Both sides […]

2 mins read

Fuel Relief for Pakistan as Petrol Tanker Arrives at Port Qasim After Ceasefire

In a key development for the country’s energy supply, a major petrol shipment has reached Port Qasim, offering potential relief amid fluctuating global oil markets. The arrival comes shortly after a ceasefire linked to tensions involving Iran, which had significantly impacted international oil prices. The tanker, identified as Corallo One, is carrying approximately 37,085 tonnes […]

2 mins read

SECP Partners With Banks and Fintech to Enable Instant Corporate Account Opening in Pakistan

In a major step toward digital transformation, the Securities and Exchange Commission of Pakistan has partnered with Askari Bank Limited and NayaPay to streamline the process of opening corporate bank accounts across Pakistan. The collaboration is formalized through Memoranda of Understanding (MoUs) aimed at reducing delays and simplifying procedures for newly registered businesses. Under this […]

2 mins read

UAE Fuel Prices Surge Up to 72% Amid Escalating Gulf Energy Pressures

Fuel prices in the United Arab Emirates have witnessed a sharp increase effective April 1, 2026, as global oil market volatility and rising geopolitical tensions continue to impact the region’s energy landscape. The price revision, confirmed by the UAE Fuel Price Committee, reflects significant hikes across all fuel categories. Diesel recorded the steepest jump, soaring […]