Day: February 25, 2026

ISLAMABAD: Federal Minister for Energy (Power Division) Sardar Awais Ahmed Khan Leghari on Tuesday met Turkmenistan’s Ambassador to Pakistan, Atadjan Movlamov, with discussions focusing on regional energy connectivity and cross-border cooperation between Pakistan and Central Asia. According to an official statement, the meeting took place at the Ministry of Energy, where the minister welcomed the ambassador and exchanged greetings on the occasion of Ramazan, conveying goodwill and best wishes for peace and prosperity for the peoples of both countries. The Turkmen envoy highlighted the historical and cultural links between Pakistan…

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LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) has launched a 70% matching grant under its SME Certification and International Accreditation Grant Programme to help businesses obtain internationally recognised certifications and improve export competitiveness. According to a statement issued on Tuesday, the programme has gained traction as entrepreneurs from several parts of the country have shown interest in obtaining globally recognised certifications to enhance their competitiveness and export potential. SMEs will bear 30% of the cost, while the grant will cover certification expenses up to Rs800,000 and consultancy costs…

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ISLAMABAD: Seventy nine new foreign companies have commenced operations in Pakistan over the past three years while international companies invested Rs40.7 billion in key sectors during the same time period. According to a statement released by the Securities and Exchange Commission of Pakistan (SECP), 61 foreign companies have also carried out shareholding transactions involving local entities. Of these transactions, 29 involved shareholding transfers to other foreign companies, four deals pertained to transfers to foreign individual investors, 20 were related to local individual investors and eight comprised local corporate entities. “Pakistan…

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KARACHI: Losses deepened at the Pakistan Stock Exchange (PSX) on Tuesday as the benchmark index closed lower by around 1,450 points over persistent selling and cautious investor sentiment in the absence of near-term positive cues. It came following a steep fall of around 5,500 points a day ago, when market players offloaded their holdings in panic mainly due to the evolving geopolitical situation. On Tuesday, the market opened in the green and staged a brief early rally, pushing the KSE-100 index to the intra-day high of 169,238. However, the positivity…

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ISLAMABAD: Pakistan has received over $10 billion in foreign loans, half of it in fresh disbursements and the remainder in rollovers of existing debts, but the central bank has yet to announce the status of the $2 billion rollover by the United Arab Emirates (UAE). According to Ministry of Economic Affairs data, the federal government received $5.1 billion in fresh loans during the July-January period of the current fiscal year. In addition, Saudi Arabia, China and the International Monetary Fund (IMF) either disbursed funds or rolled over $5 billion worth…

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