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Pakistan Edition (Change)

Aurangzeb says 'all options on table' to replace UAE's $3.5bn loan, weighs strategic fuel reserve

Dawn

Pakistan is considering Eurobonds, loans from other countries and commercial debt to replace a $3.5 billion facility from the United Arab Emirates (UAE) and manage its foreign reserves, Finance Minister Muhammad Aurangzeb said. Aurangzeb also told Reuters the shock from the ongoing war in the Middle...

Posted on 14 April 2026 | 6:50 am

PSX recovers over 4,000 points during intraday trade

Dawn

The Pakistan Stock Exchange's (PSX) benchmark index KSE-100 recovered over 4,000 points during intraday trade on Tuesday. The KSE-100 index surged by 4,132.44 points, or 2.57 per cent, to stand at 164,723.77 at 11:04am, from the previous close of 160,591.33 points. A day ago, the market shed 6,600...

Posted on 14 April 2026 | 6:15 am

Pakistan launches medical tourism initiative under Special Investment Facilitation Council

Dawn

ISLAMABAD: The Pakistan National Medical Tourism Initiative, under the Special Investment Facilitation Council (SIFC), has been formally launched. The development was announced during the 30th Annual International Conference of the Pakistan Association of Plastic Surgeons (Paps), marking a significa...

Posted on 14 April 2026 | 4:52 am

War strengthens Iranian rial

Dawn

KARACHI: It may seem strange, but it is true that the Iranian rial gained strength during the war and that demand is still rising, said currency dealers. Before the war, which started on Feb 28, the Iranian rial was hardly considered a tradable currency, and 10 million rials were available for just ...

Posted on 14 April 2026 | 4:18 am

Islamabad Electric Supply Company starts load management due to petroleum crisis

Dawn

ISLAMABAD: While the recent increase in petroleum prices and disruption of supply chain has affected almost the entire globe, Islamabad Electric Supply Company (Iesco) has announced reduction in electricity generation due to the recent international petroleum crisis. The Iesco spokesperson informed ...

Posted on 14 April 2026 | 4:15 am

Oil surges back above $100 a barrel

Dawn

LONDON: Oil prices surged back above $100 a barrel and stocks mostly fell on Monday as a US blockade of Iranian ports went into effect, ratcheting up fears for Middle East energy supplies. Brent North Sea crude rose 6.5 per cent at $101.38 a barrel and the West Texas Intermediate jumped 6.2pc at $10...

Posted on 14 April 2026 | 4:10 am

Govt allows cottonseed imports with conditions

Dawn

• Two-year trial, certification required first • Late move may miss current sowing season LAHORE: Pakistan's long-awaited decision to allow cottonseed imports after decades has been overshadowed by an inordinate delay in issuing Standard Operating Procedures (SOPs). As the sowing s...

Posted on 14 April 2026 | 4:07 am

Pakistan pushes for reform, investment at WB-IMF spring meetings

Dawn

https://www.dawn.com/news/1991489

Posted on 14 April 2026 | 4:06 am

Unannounced gas cuts make Karachiites' lives miserable

Dawn

• Households hit hard by outages as residents rush to eateries and LPG shops• Muttahida, PTI slam SSGC for failing to ensure supply during scheduled hours• Gas utility denies disruption, claims proper gas supply ensured 'throughout meal times'• Says optimal supply being ensured to power ...

Posted on 14 April 2026 | 3:46 am

SECP enrols 2,993 companies in March

Dawn

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,993 new companies in March, showing an 11 per cent increase compared to the same month last year. Around 99.9pc of company registrations were completed online through the SECP's eZfile portal. With these additions, ...

Posted on 14 April 2026 | 1:33 am

Tax rationalisation to cut auto prices

Dawn

KARACHI: The government is mulling over a proposal to amend the duties and taxes regime in the new auto policy in order to bring vehicles within the reach of the middle class. "Prime Minister Shehbaz Sharif is keen on making vehicles cost effective for the middle class," the CEO of the Engineer...

Posted on 14 April 2026 | 1:33 am

Punjab's residents left reeling amid hours-long loadshedding

Dawn

LAHORE: Widespread loadshedding has been reported in urban and rural areas across Punjab as distribution companies (Discos) grapple with an increasing gap in supply and demand. The situation is reported to be worse in rural areas, especially those covered by the Multan Electric Power Company (Mepco)...

Posted on 13 April 2026 | 8:06 pm

In meeting with WB vice president, Aurangzeb calls for enhanced technical support for debt management

Dawn

Finance Minister Muhammad Aurangzeb called for "enhanced technical support, advanced analytical tools, and specialised training for Pakistan's Debt Management Office" in his meeting with the World Bank Vice President Jorge Familiar Calderon in Washington on Monday, the Ministry of Finance said...

Posted on 13 April 2026 | 7:06 pm

Fitch affirms Pakistan's credit rating at 'B-'

Dawn

ISLAMABAD: Fitch Ratings, one of the world's top three agencies, on Monday affirmed Pakistan's long-term foreign currency issuer default rating (IDR) at "B-" with a "stable outlook". "Pakistan's rating affirmation reflects progress on fiscal consolidation and macro stability measures...

Posted on 13 April 2026 | 2:45 pm

Luxury brands face profit squeeze as Iran conflict shrinks UAE mall sales, sources say

Dawn

Sales at Europe's biggest luxury brands have shrunk in Dubai and Abu Dhabi as the Iran conflict hit the sector's fastest-growing market in the latest setback for the $400 billion industry whose value has contracted over the last three years. Luxury brands in March reported sales drops of 30-50 p...

Posted on 13 April 2026 | 2:13 pm

PSX sheds 6,600 points after Trump announces Hormuz blockade

Dawn

The Pakistan Stock Exchange's (PSX) benchmark index KSE-100 shed 6,600 points on Monday in a turbulent session, after weekend peace talks between the United States and Iran failed and the US president ordered a blockade of Iranian ports. The KSE-100 index opened on a low note of around 161,000 poi...

Posted on 13 April 2026 | 11:41 am

Aurangzeb arrives in Washington for IMF, World Bank spring meetings

Dawn

Finance Minister Muhammad Aurangzeb arrived in Washington on Monday to attend the World Bank Group and International Monetary Fund (IMF) Spring Meetings 2026, the Ministry of Finance said. According to a statement, the minister is scheduled to hold key meetings with global financial leaders to advan...

Posted on 13 April 2026 | 6:19 am

Gas supply to power sector may double amid LNG shortfall

Dawn

• Govt mulls diversion from households, CNG and fertiliser• Minister warns unless additional gas diverted, tariffs may rise sharply or result in massive loadshedding ISLAMABAD: Domestic natural gas supply to the power sector is expected to at least double by the end of the current month to minim...

Posted on 13 April 2026 | 3:07 am

Transport fares in Rawalpindi reduced after cuts in POL prices

Dawn

RAWALPINDI: The Regional Transport Authority (RTA) on Saturday reduced the fares of public and goods transport. The decision was made after the federal government brought down the prices of petrol by 3.13 per cent (Rs11.83 per litre) and diesel by 25.91 per cent (Rs134.81) on Friday. RTA Secretary S...

Posted on 12 April 2026 | 5:27 am

First lithium battery plant to be set up in Korangi

Dawn

ISLAMABAD: As the Na­­­­t­­­­­­­­­i­­­­on­al Lithium-Ion Batt­ery Manufacturing Policy for 2026-31 nears approval, the country's first Li battery pr­­­o­­duction plant will soon be­­­c­­­ome operational in Karachi. The Pakistan Solar Association (PSA) has assured the ...

Posted on 12 April 2026 | 5:23 am

Moro Power signs deal with Chinese renewable giant

Dawn

KARACHI: Moro Power Company (MPC) and PowerChina, a global leader in renewable energy engineering, on Saturday signed an agreement for the first business-to-business (B2B) electricity venture. The project, under the Sindh Electric Power Regulatory Authority, will enable MPC to supply electricity dir...

Posted on 12 April 2026 | 5:22 am

Non-bank sector invests Rs11tr in govt papers

Dawn

KARACHI: Investors across the country, including the non-banking sector, continue to channel funds into government securities, with non-bank investments reaching a record Rs11 trillion by the end of December 2025. Latest data shows that provincial governments have also joined the trend of investing ...

Posted on 12 April 2026 | 5:20 am

Pakistan, Egypt to lead launch of Borrowers' Platform as debt pressures prompt global initiative

Dawn

https://www.dawn.com/news/1990905

Posted on 12 April 2026 | 5:15 am

Social protection key to labour market shifts

Dawn

ISLAMABAD: A new International Labour Organisation (ILO) report calls for a decisive strengthening of social protection systems worldwide, warning that current gaps in coverage, adequacy, and financing are leaving millions of workers unprotected in an increasingly volatile global economy. The report...

Posted on 12 April 2026 | 5:09 am

Equities snap 10-week losing streak on ceasefire optimism

Dawn

KARACHI: The Pakistan Stock Exchange (PSX) snapped a 10-week losing streak as easing geopolitical tensions, following a Pakistan-brokered temporary truce between the United States and Iran, lifted investor sentiment. The benchmark KSE-100 index posted a strong recovery during the outgoing week, clos...

Posted on 12 April 2026 | 5:06 am

LHC directs Customs to return confiscated gold bar

Dawn

LAHORE: The Lahore High Court has ordered the Customs Department to return a refined gold bar and $10,000 to a petitioner, ruling that the authorities acted unlawfully by substituting confiscated property (gold brick) with an arbitrarily determined monetary value. A two-judge LHC bench comprising J...

Posted on 12 April 2026 | 1:05 am

IT sector drives services' exports

Dawn

ISLAMABAD: Paki­stan's services exports rose by 18.38 per cent in the first eight months of the current fiscal year, largely driven by higher earnings from the information technology sector, according to official data. The steady expansion of services exports contrasts with mixed trends in commo...

Posted on 12 April 2026 | 12:23 am

Price monitoring committee directs Sindh govt to take corrective measures against rising fares in Karachi

Dawn

ISLAMABAD: The National Price Monitoring Committee (NPMC) on Saturday reviewed the prices of essential commodities, transport fares and directed the Sindh government to take corrective measures regarding rising fares in Karachi, according to an official statement. On April 5, Sindh Chief Minister Mu...

Posted on 11 April 2026 | 4:59 pm

Diesel price cut by Rs135; petrol sees drop of Rs12

Dawn

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced a Rs135 per litre cut in diesel and Rs12 per litre in petrol prices for the week ending April 17 to pass on the impact of ease in global prices following a two-week ceasefire between the United States and Iran. The ex-depot price of high-s...

Posted on 11 April 2026 | 2:24 am

Short-term inflation surges by 12.15pc

Dawn

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index, rose to 12.15 per cent year-on-year in the week ending April 9, driven mainly by higher retail prices for petroleum products in the domestic market. The increase in fuel prices twice in a month pushed up transport costs, feedin...

Posted on 11 April 2026 | 1:06 am

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