Business

US Ready to Finance Another Reko Diq-Sized Mining Project in Pakistan

The United States is prepared to finance another mining project on the scale of Reko Diq if feasibility studies demonstrate commercial potential, a US Embassy official said on Wednesday, highlighting Washington's growing interest in Pakistan's critical minerals sector. Speaking during...

Saindak Metals Rejects Shutdown Claims, Says Mine Fully Operational for 25 Years

Saindak Metals Limited (SML) has firmly rejected reports suggesting that the strategically important Saindak Copper-Gold Project in Balochistan is at risk of shutting down, describing such claims as "factually incorrect" and reiterating that the project has remained operational without...

Balochistan Unveils Rs1.089 Trillion Budget for FY2026-27.

The Balochistan government on wednesday presented a Rs1.089 trillion budget for the fiscal year 2026-27 in the provincial assembly, with significant allocations for development projects, health, education, agriculture, infrastructure, and job creation. Presenting the budget, Provincial Finance Minister Mir Shoaib...

Pakistani Trader JS Rao Creates History in Binance Global Competition with $180 Million Trading Volume

Pakistani crypto trader JS Rao has brought international recognition to Pakistan after delivering a record-breaking performance in Binance’s global trading competition, generating nearly $180 million in trading volume within a single day. The achievement has drawn widespread attention across the...

Saudi Arabia Commits $3 Billion Additional Support, Extends $5 Billion Deposit for Pakistan: Finance Minister

Saudi Arabia announces $3 billion additional financial support and extends $5 billion deposit for Pakistan, boosting forex reserves and economic stability. Federal Minister for Finance and Revenue Muhammad Aurangzeb has announced that the Kingdom of Saudi Arabia will provide an...

ADB Upgrades Pakistan’s Growth Forecast to 3.5% for FY2026 Amid Middle East Risks

The Asian Development Bank (ADB) has upgraded Pakistan’s economic growth forecast to 3.5% for FY2026, signaling improving momentum in the country’s economy despite rising global uncertainties. In its latest Asian Development Outlook (April 2026) report, the Manila-based lender projected that...

Balochistan Launches Digital Business Facilitation Centre to Boost Investment and Ease of Doing Business

In a major step toward improving the investment climate, the Government of Balochistan has launched a digital Business Facilitation Centre (BFC) aimed at simplifying business procedures and enhancing investor confidence across the province. The initiative introduces a modern one-window digital...

Chinese Firms Plan $2.6 Billion Investment in Balochistan Manufacturing Sector

Chinese companies are planning to invest $2.6 billion in Balochistan’s manufacturing sector and $14 million in the province’s mineral industry, a move expected to boost industrial activity and create employment opportunities in the region. A Chinese delegation of investors, accompanied...

Iran War Impact: Petrol Price in Pakistan Jumps to Rs321 per Litre

Middle East tensions and the Iran conflict have pushed petrol prices in Pakistan to Rs321 per litre. Government warns of supply risks as Strait of Hormuz disruptions threaten oil imports. Rising tensions in the Middle East have begun to affect...

Pakistan’s $6–8 Trillion Mineral Wealth: Reko Diq, Thar Coal and the Future of Economic Growth

Pakistan’s mineral wealth valued at up to $8 trillion could transform the economy. Projects like Reko Diq and Thar coal may boost exports, energy security and GDP growth. Pakistan stands at a critical economic crossroads. Beneath its mountains, deserts and...

Pakistan–China Agri-Tech Partnership Gets $4.5bn Boost

Pakistan–China Partnership Drives Agri-Tech and Livestock Transformation Under CPEC 2.0 Pakistan and China’s all-weather strategic partnership is steadily evolving into a technology-driven economic alliance, with agriculture and livestock now emerging as central pillars of cooperation. As agriculture remains the backbone...

Security High Alert in Balochistan, Section 144 Imposed Across Province for One Month

The Government of Balochistan has imposed Section 144 across the entire province for a period of one month, citing serious security concerns following recent terrorist incidents. According to an official notification, the decision was taken to prevent further violence, restrict...