In a pivotal step toward strengthening regional cooperation in the digital economy, the Foreign Minister of Malaysia Mohamad Bin Haji Hasan met with Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC), to explore collaborative opportunities in blockchain technology, digital assets, and Shariah-compliant finance. The meeting focused on laying …
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Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, began his official visit to Washington with a series of high-level meetings on the sidelines of the 2025 Spring Meetings of the International Monetary Fund (IMF) and World Bank Group, focusing on deepening economic partnerships and advancing critical reforms. Muhammad Aurangzeb also thanked the …
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Twelve faculty members of Punjab University have gone absconding after receiving scholarships worth millions of rupees, without fulfilling their obligation to rejoin university service. In response, the university administration has decided to approach the Federal Investigation Agency (FIA) and other relevant authorities to initiate the recovery of the disbursed funds …
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A consortium of 15 banks has agreed to lend the federal government Rs 1,272 billion to help eliminate further piling up of circular debt in the power sector. According to details, the consortium is prepared to provide the loan at an interest rate 0.9% lower than the market rate. The …
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The Punjab School Education Department has formally requested the commencement of summer vacations from June 1st, in line with the annual academic calendar. A summary proposing the start of vacations from June 1st has already been sent to the Chief Minister, Maryam Nawaz Sharif. Secretary for Education, Khalid Nazir Wattoo, …
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A hearing was held at the National Electric Power Regulatory Authority (NEPRA) regarding K-Electric’s request to recover Rs 76 billion from electricity consumers in Karachi. The hearing was chaired by NEPRA Chairman, Waseem Mukhtar. K-Electric submitted a request for an additional write-off claim of Rs 8.13 billion. With the inclusion …
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The Competition Commission of Pakistan (CCP) has cracked down on Nishat Hyundai Motors, slapping the auto giant with a Rs 25 million penalty for deceptive marketing tactics during the much-hyped 2020 launch of its Hyundai Tucson SUV. The CCP launched an investigation after Hyundai’s big Facebook Live event where it …
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Federal Finance Minister Muhammad Aurangzeb expressed his optimism over the recent developments in Pakistan’s economic landscape, stating that it is a very encouraging sign that the country has returned to a B-minus credit rating. He emphasized that the economic stability achieved thus far must now be carried forward. While speaking …
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Governor of the State Bank of Pakistan, Jameel Ahmad Khan, stated that the disbursement of the next tranche of the IMF loan may face delays due to the ongoing two-week Spring Meetings of the International Monetary Fund (IMF) in Washington. Addressing an event held in connection with Pakistan Financial Literacy …
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The two countries this week signed an agreement at the 2025 Pakistan Minerals Investment Forum in Islamabad to jointly bid on 40 offshore blocks. A bidding round for the granting of exploration licenses for the blocks, located in the Makran and Indus basins, was announced by the Pakistan government in …
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