Pakistan Secures Fresh $1 Billion from Saudi Arabia to Support Reserves Islamabad: Pakistan has received a fresh financial boost of $1 billion from Saudi Arabia, offering timely support to the country’s foreign exchange reserves at a moment of rising external pressure. According to the State Bank of Pakistan (SBP), the funds were transferred by Saudi […]
The successful upscaling of Pakistan’s 3-year Eurobond from $500 million to $750 million on Monday represents a major milestone in the country’s debt strategy. By exercising the $250 million green shoe option, the government has effectively maximized its borrowing potential under the current favorable market window. Metric Details Initial Size $500 Million Final Size $750 […]
The Federal Board of Revenue (FBR) has issued Circular No. 08 of 2025-26, providing much-needed legal clarity on the applicability of withholding tax under Section 236C for taxpayers operating under the Section 7F regime. This latest policy intervention aims to reconcile the friction between fixed tax regimes and advance tax collections that have plagued the […]
The Pakistan Stock Exchange witnessed a high-stakes trading day on April 20, 2026, with the KSE-100 index closing at 172,196.70, down 1,742.31 points. The session was a classic example of “mean reversion” as the index touched both a significant high and a worrying low within a six-hour window. Key Level Value Open 172,249.26 Intraday High […]
The federal capital’s high-security Red Zone will remain off-limits to the general public on Tuesday, April 21, as the district administration extends stringent movement restrictions. A formal notification issued by the District Magistrate on Monday confirmed that the suspension of public entry is a direct continuation of the security orders first implemented on April 19. […]
The KMI-30 index’s performance on April 20, 2026, was a masterclass in intraday volatility. Opening at 247,863.25, the index surged by over 3,000 points to hit a high of 250,905.00, only to reverse all gains and end the day with a net loss of 3,008.28 points. Metric Value Open 247,863.25 High 250,905.00 Low 243,141.39 Close […]
Pakistan’s external sector presented a contrasting picture in March 2026, with weakening exports and strong remittance inflows highlighting both vulnerabilities and resilience within the economy. Interior Minister Mohsin Naqvi recently stated that billions of dollars have been moved abroad by local businessmen in recent years, underscoring concerns over economic confidence and policy stability. Exports declined […]
Authorities on Sunday placed Islamabad under strict security measures, sealing the Red Zone to all traffic as the capital prepares for the expected arrival of delegations from the United States and Iran. In a statement posted on X, Islamabad Police said that both the Red Zone and Extended Red Zone would remain completely closed for […]
Authorities in the federal capital have tightened security and administrative measures as Islamabad prepares for key developments, including the expected arrival of foreign delegations and possible high-level talks. Deputy Commissioner Irfan Nawaz Memon dismissed reports circulating on social media that claimed a complete shutdown of public and private offices in Islamabad and Rawalpindi. He termed […]
Amidst a spike in cyber-attacks targeting mobile users, the Pakistan Telecommunication Authority (PTA) has released a new set of guidelines aimed at protecting citizens from financial loss and identity theft. The telecommunication regulator stated that fraudsters are increasingly using sophisticated tactics to gain access to personal accounts by posing as legitimate service providers. The PTA […]
