Pakistan Says No Further Loans From Friendly Nations After Saudi $3 Billion Support
Mazaj News (Web Desk) Finance Minister Muhammad Aurangzeb on Tuesday said Pakistan, after receiving financial assistance from Saudi Arabia, is not planning to approach...
SBP Hikes Policy Rate to 11.5% as Inflation Risks and Oil Volatility Rise
Mazaj News (Web Desk): The State Bank of Pakistan (SBP) has increased its benchmark policy rate by 100 basis points to 11.5% on Monday,...
Pakistan repays $3.45bn UAE Debt Amid Pressure on Foreign Reserves
Mazaj News (Web Desk) Pakistan has fully repaid $3.45 billion in deposits to the United Arab Emirates, according to confirmation from the State Bank...
Pakistan Moves to Urgently Import LNG as Power Shortfall Deepens Amid Rising Heat
After a pause of 28 months, the state-owned Pakistan LNG Limited (PLL) has once again issued urgent tenders to import three LNG cargoes for...
PM Shehbaz Orders Faster Push for Electric Vehicles in Pakistan
Mazaj News (Web Desk) Prime Minister Shehbaz Sharif on Wednesday called for speeding up initiatives aimed at expanding the use of electric vehicles (EVs)...
PTCL Returns to Profit After 4 Years, Set to Launch 5G Next Month
Mazaj News (Web Desk) Pakistan Telecommunication Company Limited (PTCL) has returned to profitability after more than four years and is preparing to officially roll...
SBP Receives Final $1 Billion Tranche of $3 Billion Saudi Deposit
Mazaj News (Web Desk) The State Bank of Pakistan (SBP) has confirmed the receipt of $1 billion from the Ministry of Finance of Saudi...
Pakistan-flagged tanker becomes first to exit Strait of Hormuz amid US blockade
Mazaj News (Web Desk) A Pakistan-flagged tanker that entered the Persian Gulf over the weekend has become the first vessel to exit through the...
UK economic output jumps ahead of Middle East war
Mazaj News (Web Desk) Britain’s economy grew much stronger than expected in February, prior to the start of the Middle East war, official data...
KSE-100 Jumps Sharply Amid Hopes of Breakthrough in US-Iran Negotiations
The benchmark KSE-100 index at the Pakistan Stock Exchange continued its strong upward trajectory on Wednesday, climbing more than 4,300 points during intraday trading...
Pakistan Explores Eurobonds and Foreign Loans to Replace $3.5 Billion UAE Facility
Pakistan is evaluating multiple financing avenues including Eurobonds, foreign loans, and commercial borrowing to replace a $3.5 billion facility from the United Arab Emirates...
Pakistan Announces 2.25-Hour Peak-Time Power Cuts to Control Rising Electricity Costs
Amid ongoing fuel supply constraints, the government on Tuesday officially confirmed limited daily electricity interruptions of around 2.25 hours during peak demand hours in...
ADB Raises Pakistan Growth Forecast to 3.5% but Flags Global Risks
Mazaj News (Web Desk) The Asian Development Bank (Asian Development Bank) has revised Pakistan’s economic growth outlook upward, projecting 3.5 percent GDP growth for...
PM Shehbaz Sharif Highlights Digital Economy and Investment Opportunities with VEON CEO
Prime Minister Shehbaz Sharif met with Kaan Terzioglu, CEO of VEON Group, a leading telecommunications and digital services company, at PM House to discuss...
Arif Habib-Led Consortium Moves to Take Full Control of PIA, Paving Way for Major Revival
ISLAMABAD: A consortium headed by the Arif Habib Group has revealed its intention to purchase the remaining 25 per cent shares of the government...
