PTCL, the parent company of U Microfinance Bank Limited (U Bank), has approved a capital injection of PKR 15 billion (approximately USD 53 million), marking one of the largest equity investments in Pakistan’s microfinance banking sector. The funding is part of PTCL’s commitment to strengthen U Bank’s capital base and support its long-term growth strategy. […]

Pakistan has set an ambitious target to export halal meat worth $520 million to Malaysia over the next five years, aiming to strengthen trade relations and increase foreign exchange earnings. Officials said the plan reflects Pakistan’s growing focus on developing its agriculture and livestock sectors while expanding its presence in the global halal food market. […]

Pakistan and UAE are moving closer to a major financial transaction that could remove a $1 billion external liability from Pakistan’s balance sheet. Foreign Minister Ishaq Dar said UAE-based entities are expected to acquire shares in companies owned by the Fauji Foundation, which would convert the liability into direct investment. Speaking to the media during […]

Pakistan’s rice exports have faced a sharp decline in recent months, with industry experts warning that rising costs and stiff international competition are affecting the country’s position in global markets. Data from the Pakistan Bureau of Statistics (PBS) shows that during July–November of the fiscal year 2025-26, total rice exports fell by 40.02% in volume. […]

Dynea Pakistan Limited, a leading chemicals manufacturer, has announced plans to install a 2.5MW wind power project at Hub, Balochistan, replacing its earlier planned 1.1MW facility. The move aligns with the company’s long-term sustainability goals and reflects a broader trend in Pakistan of shifting towards renewable energy sources. The company, incorporated in 1982, produces formaldehyde, […]

Initial public offering (IPO) activity at the Pakistan Stock Exchange (PSX) remained steady in 2025, showing continued investor interest despite lower total proceeds. According to data compiled by Topline Securities, seven IPO-related transactions were completed during the year, the same number as in 2024. However, the total amount raised stood at Rs4.3 billion, compared with […]

Pakistan and the Asian Development Bank (ADB) have signed financing agreements worth $730 million to support two major development projects aimed at improving the country’s power transmission system and accelerating reforms in state-owned enterprises (SOEs). According to the Economic Affairs Division, the agreements include $330 million for the Second Power Transmission Strengthening Project and $400 […]