BUSINESS

By Syed Uzair Karachi: Chairman of the Association of Builders and Developers (ABAD), Muhammad Hassan Bakhshi, has described the National Accountability Bureau’s (NAB) recovery of Rs. 11,440 billion over the past two years and nine months as a strong example of transparent accountability in the country. He said that NAB’s effective and continuous actions have […]

BOLSTERING US-PAKISTAN ECONOMIC PARTNERSHIP By Commerce Reporter ISLAMABAD: In a landmark move that bolsters the economic ties between the United States and Pakistan, the US Export-Import Bank (US EXIM) has approved a significant financing package worth $1.25 billion to support the development of the Reko Diq mining project in Balochistan, Pakistan. The financing is aimed […]

TO STRENGTHEN TRADE AND INVESTMENT TIES By Commerce Reporter KARACHI: In a strategic move to bolster trade and investment links between Pakistan and Dubai, the Dubai International Chamber has officially opened a representative office in Karachi. This expansion is part of Dubai’s broader global outreach strategy under the Dubai Global Initiative, which aims to establish […]

Pakistan anticipates strong interest from the US, China, GCC and other international investors as the project scales, says Aurangzeb The United States is re-emerging as a pivotal economic partner for Pakistan, underscored by the $7 billion financial close of the Reko Diq project backed by the International Finance Corporation (IFC) and the US EXIM Bank, […]

Inflows will be reflected in SBP’s liquid reserves to be released on December 12, 2025 The State Bank of Pakistan (SBP) on Thursday said it has received about $1.2 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF). “The IMF Executive Board completed second […]

Sazgar Engineering Works Limited (PSX: SAZEW) produced 1,357 units and recorded sales of 1,109 units for its four-wheelers, including off-road and passenger vehicles, during November 2025. In the three-wheeler segment, SAZEW recorded a production of 1,742 units and sales of 1,749 units in November 2025, the company’s filing on PSX revealed today. FOUR WHEELERS -OFF […]

Raids carried out at two industry associations and an advertising agency The Competition Commission of Pakistan (CCP) conducted raids on three Lahore-based entities involved in the out-of-home media advertising market as part of an inquiry into alleged cartelisation, price fixing, and coordinated bid rigging in the sector. In a statement on Thursday, it said the […]

PSMU Desk Date: 11-December-2025 Karachi: In an exciting development for the capital markets and the economy as a whole, Pakistan Stock Exchange announces the list of recipients of the Top 25 Companies Awards for the calendar year 2024. These are the most prestigious and coveted awards in the corporate sector and were initiated by the […]

THE UPCOMING IPO COULD SHATTER RECORDS PSMU Monitoring Desk San Francisco: SpaceX is gearing up for a historic initial public offering (IPO) in mid-to-late 2026, with the ambitious goal of achieving a valuation of $1.5 trillion, according to new reports from Bloomberg News citing multiple sources familiar with the matter. If successful, this would make […]

STRENGTHENING CAPITAL MARKETS AND ECONOMIC REFORMS PSMU Exclusive: ISLAMABAD: In a significant milestone for Pakistan’s financial landscape, Federal Minister for Power, Sardar Awais Ahmed Khan Leghari, announced the successful completion of a historic PKR 659.6 billion debt settlement. The groundbreaking transaction includes the redemption of PKR 399.6 billion in Pakistan Energy Sukuk (PES) I & […]