ISLAMABAD: The Federal Board of Revenue (FBR) has decided to introduce online monitoring of business activities across the country, making installation of the point of sale (POS) system mandatory for more than 14 sectors, according to an official notification. Under the directive, hotels, restaurants, guest houses, marriage halls, marquees and […]
WASHINGTON: The International Monetary Fund on Friday welcomed reform progress by Pakistan, saying policy efforts under the IMF-supported programme have helped stabilise the economy and rebuild market confidence. IMF spokesperson and Director of Communications Julie Kozack said Pakistan is implementing an Extended Fund Facility (EFF) arrangement and an IMF staff […]
KARACHI: Gold prices in Pakistan fell sharply on Friday, tracking losses in the international bullion market and reversing gains recorded earlier this week. According to figures released by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola declined by Rs 8,600 to settle at Rs […]
ISLAMABAD: The United Arab Emirates has agreed in principle to roll over a $2 billion deposit to Pakistan for two months, offering short-term financial relief to the cash-strapped nation ahead of an important International Monetary Fund (IMF) review. According to official sources cited by Geo News, the deposit — which […]
ISLAMABAD: Finance Minister Muhammad Aurangzeb met a delegation of Wafi Energy Pakistan Ltd at the Finance Division on Friday and reaffirmed the government’s commitment to macroeconomic stability, stronger foreign exchange buffers and improved investor confidence. During the meeting, the finance minister said that improved economic indicators and strengthened external buffers […]
ISLAMABAD: Pakistan’s high-quality rice exports have suffered a sharp decline amid global market challenges, prompting the government to announce a relief package for exporters. According to official sources, rice exports during July–December 2025 totaled $188 million, down from over $296 million in the same period of 2024 — a drop […]
Karachi: Gold prices recorded a significant increase in Pakistan on the fifth working day of the business week, driven by a sharp rally in the international market. According to the All-Pakistan Sarafa Gems and Jewellers Association, the price of gold rose by Rs5,700 per tola, taking the rate to Rs460,262. […]
KARACHI: Gold prices recorded a sharp decline in the local market on Thursday, tracking a drop in international rates. According to the All Pakistan Gems and Jewelers Association, the price of gold per tola fell by Rs 900 to settle at Rs 454,862. Similarly, the price of 10 grams of […]
Gold prices in Pakistan jumped significantly on Friday after three consecutive days of decline, mirroring a strong rebound in the international market. The All Pakistan Sarafa Association reported that the price of gold rose by Rs3,000 per tola, taking the new rate to Rs444,462 per tola. The price of 10 […]
Saudi Arabia has enacted a landmark reform allowing foreigners to purchase property in the Kingdom, signaling a significant shift in its real estate and investment landscape. The Real Estate General Authority (REGA) confirmed that the new framework enables both individuals and companies — domestic and international — to invest in […]