In a major stride toward a cashless economy and strengthened social protection, the Benazir Income Support Programme (BISP) unveiled its Mobile Wallets Payment Model during a high-level workshop held in Islamabad on Thursday.
Backed by the European Union and the German Government, this landmark initiative aims to digitize payments for millions of...
The key points of Pakistan’s National Artificial Intelligence (AI) Policy 2025 have been revealed following its approval by the federal cabinet yesterday.
The government expects AI adoption to boost Pakistan’s GDP by 7 to 12% by 2030. The AI market is projected to reach $2.7 billion, growing at a compound...
The Directorate of Customs Post Clearance Audit has validated the allegations of large-scale money laundering involving 13 companies that imported solar panels.
The Customs Adjudication Collectorate imposed a massive penalty of Rs111 billion on these companies for bringing in fake solar panel shipments. According to Shiraz Ahmed, Director Post Clearance...
Pakistan Stock Exchange roared back to life on Thursday as bullish momentum dominated the trading floor. This sharp surge came on the heels of a surprise tweet by US President Donald Trump, who announced what he described as a historic trade deal with Pakistan.
The benchmark KSE-100 Index went up...
The State Bank of Pakistan (SBP) has finalized the design for new currency notes as part of a broader plan to modernize the country’s banknotes. The announcement was made by SBP Governor Jameel Ahmad during a press conference held on Wednesday in Karachi, where he also addressed the decision...
Dolmen Group, Pakistan’s premier real estate developer, has signed a Memorandum of Understanding (MoU) with Meezan Bank, Pakistan’s leading Islamic bank, to offer an exclusive Shariah-compliant home financing facility for customers at The Grove Residency; Dolmen’s latest premium residential development project in Karachi.
This strategic alliance brings together Dolmen’s legacy of...
Pakistan’s Consumer Confidence Index (CCI) dropped to 40.1 points in July, down from 42.1 points in June, as reported in the latest survey released by the State Bank of Pakistan (SBP).
The survey revealed a decline in both current and expected economic conditions. The Current Economic Conditions (CEC) index decreased...
Pakistan’s Business Confidence Index (BCI) decreased by 1.2 points, reaching 55.5 in July 2025, according to the latest results of the Business Confidence Survey (BCS), conducted by the State Bank of Pakistan (SBP) in collaboration with the Institute of Business Administration (IBA).
The downturn was largely driven by the Industry...
Pakistan took a significant step forward in its digital transformation journey, as leaders from government, finance, and technology came together at the National Incubation Center (NIC) Karachi for a high-profile event focused on the future of digital economy and virtual assets.
The event, jointly organized by REIT Academy Pakistan, IRADAM,...
State Bank of Pakistan (SBP) Governor Jameel Ahmed said on Wednesday that the country’s economic outlook remains highly optimistic, with GDP growth projected between 3.5-4.5 percent for FY26, rising home remittances and foreign exchange reserves, and manageable external debt repayments of $26 billion during the current fiscal year.
While addressing...
