Pakistan is exploring long-term commodity procurement and sector-specific investment partnerships with China across mining, agriculture, textiles and value-added exports as Islamabad pushes to deepen economic cooperation with Beijing and expand its export base. The discussions took place during a series of high-level meetings held by Jam Kamal Khan with leading Chinese companies during his official […]
Pakistan, China Sign Over $7 Billion Investment Deals in Hangzhou
Shehbaz Sharif on Sunday invited Chinese companies to relocate industries and establish joint ventures in Pakistan as businesses from both countries signed agreements and memorandums of understanding worth more than $7 billion during an investment conference in Hangzhou. The agreements covered sectors including information technology, telecom, battery energy storage systems, renewable energy, agriculture and manufacturing. […]
Govt Reduces Petrol, Diesel Prices for Second Straight Week
Pakistan on Friday reduced petrol and diesel prices for the second consecutive week as the government attempted to ease pressure on consumers following months of sharp increases linked to tensions in the Middle East and disruptions in global oil supplies. According to a notification issued by the Petroleum Division, petrol prices fell by Rs6 per […]
Pakistan Wants to Turn Precious Stones Into a Billion Dollar Industry
Economic Coordination Committee has approved a new national gemstone development policy aimed at unlocking billions of dollars worth of untapped mineral resources across Pakistan’s mountainous regions. The ECC on Tuesday cleared the “National Policy to Realize Pakistan’s Gemstone Potential 2026-2030,” a strategy designed to formalise the sector, modernise mining practices and increase exports through value […]
IMF Ends Pakistan Visit With Major Fiscal Demands for FY2027
IMF has concluded its latest mission to Pakistan after securing commitments from Islamabad to maintain strict fiscal discipline and achieve a primary budget surplus target of 2% of gross domestic product in fiscal year 2027-28. The IMF delegation, led by advisor Iva Petrova, visited Islamabad from May 13 to May 20 for talks with officials […]
Pakistan Announces Three-Day Eidul Azha Holidays
Pakistan will observe three public holidays for Eidul Azha from May 26 to May 28 after Prime Minister Shehbaz Sharif approved a nationwide holiday schedule ahead of the religious festival. According to a notification issued by the Cabinet Division of Pakistan, all public offices, educational institutions and businesses observing official holidays will remain closed during […]
Pakistan Could Buy Russian Oil Under New US Licence
Pakistan could gain temporary access to Russian crude oil under a new 30-day licence issued by the United States Department of the Treasury, diplomatic sources told Dawn, as Washington attempts to ease mounting pressure on global energy markets. The temporary measure aims to help energy-vulnerable countries secure crude supplies during ongoing disruptions caused by tensions […]
Pakistan’s Tech Exports Jump 33% to $423 Million
Pakistan’s tech exports rose 33% year-on-year in April 2026, reaching $423 million as the country’s IT sector continued showing strong growth despite economic pressures and global uncertainty. New data released by the State Bank of Pakistan showed technology exports increased from $317 million in April last year. The latest figure also marked a 2.42% rise […]
Why Pakistan Could Suffer Most if Middle East War Continues
S&P Global Market Intelligence has identified Pakistan as the Asia-Pacific economy most vulnerable to macro-financial stress if the Middle East conflict continues for a prolonged period. The assessment highlighted Pakistan’s heavy reliance on imported energy, Gulf remittances and external financing as key factors increasing economic exposure to regional instability. According to the latest S&P Global […]
Pakistan Paper Products Announces Key Leadership Reappointments
Pakistan Paper Products Limited announced key leadership appointments on Monday, confirming the reappointment of Abbas Sayeed as chairman and Abid Sayeed as chief executive officer. The company disclosed the development in a notice submitted to the Pakistan Stock Exchange following a Board of Directors meeting held earlier in the day. According to the notification, the […]