KARACHI — The Overseas Investors Chamber of Commerce and Industry (OICCI) has officially released the high-stakes results of its Business Confidence Index (BCI) Survey Wave 29 for Q2 2026. The comprehensive national audit reveals a sudden 9 percentage point drop, dragging overall business sentiment down to a positive 13% compared to 22% in the previous […]
ISLAMABAD / KARACHI — In a major operational directive to sustain refinery operations, the Oil and Gas Regulatory Authority (OGRA) has formally cleared the Pak-Arab Refinery Limited (PARCO) to export 100,000 metric tonnes of furnace oil in June 2026. Approved by the National Committee on Monitoring of Commodities (NCMC), the massive fuel offloading strategy is
ISLAMABAD — The Annual Plan Coordination Committee (APCC) has finalized its working papers for the upcoming Budget 2026–27 fiscal year, aggressively targeting an economic growth rate of 4.0% and setting an inflation target of 8.2%. Although the country narrowly missed its previous target by closing out the current fiscal year at 3.7% GDP growth, the
ISLAMABAD — In a massive boost for the local entrepreneurship ecosystem, Saudi Arabia and Pakistan have officially signed a $500 million “Tech Investment Fund” during the Pak-Saudi Business Forum. This fund is specifically designed to support early-stage startups in AI, Fintech, and Agri-tech. This partnership aims to bridge the gap between Middle Eastern capital and
Saudi-Pakistan Tech Deal: $500 Million Investment Fund Launched for Local Startups Read More »
ISLAMABAD — Pakistan ke tech sector ke liye ek aur tareekhi din! Google ne Islamabad mein apna pehla “AI Excellence Center” qaim karne ka faisla kiya hai. Is center ka maqsad Pakistani developers aur freelancers ko Artificial Intelligence aur Machine Learning mein world-class training dena hai. Google Cloud ke representatives ne Ministry of IT ke
ISLAMABAD — Following a successful $750 million Eurobond launch, the Government of Pakistan has now invited bids from international consortiums to act as underwriters and bookrunners for future global market transactions. This structured three-year plan aims to ensure a steady inflow of foreign currency to meet the country’s external financing needs and repay old debts,
WASHINGTON / ISLAMABAD — In a monumental shift for the nation’s financial landscape, the State Bank of Pakistan (SBP) has officially enacted the Virtual Assets Act 2026. This historic legislation marks the end of ambiguity regarding digital currencies, providing a comprehensive legal framework for the regulation, licensing, and trading of cryptocurrencies. For a country with
Pakistan Legalizes Crypto: SBP Enacts Virtual Assets Act 2026 Read More »
Pakistani tech entrepreneur Rehan Jalil has made headlines globally as his AI startup Securiti AI has been acquired by Veeam, a leading data-resilience company, for an impressive $1.7 billion. This deal not only highlights the rising demand for AI-driven data security solutions but also showcases the exceptional talent emerging from Pakistan. About Securiti AI Securiti
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