Business

Wafi Energy
Business

Finance minister assures investors of stability as Wafi Energy eyes $100m investment

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 […]

rice exports
Business

Global market challenges hit Pakistan’s rice exports

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 […]

Gold prices
Business

Gold prices rebound sharply after three-day slide

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
Business

Saudi Arabia opens property market to foreign buyer

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 […]

Textile Asia
Business

Textile Asia 2025 day 2 concludes successfully at Lahore expo centre

LAHORE: The second day of the 31st Textile Asia International Exhibition and Conferences concluded successfully at the Lahore Expo Centre, with strong participation from federal and provincial ministers, along with leading national and international industry experts. Day two placed special emphasis on Textile 4.0, smart factories, and digital manufacturing technologies, […]

foreign
Business

Govt eases three-year restrictions on profit repatriation for foreign companies

ISLAMABAD: Investor confidence in Pakistan continues to strengthen owing to the effective facilitation of the Special Investment Facilitation Council (SIFC) and the government’s consistent economic reforms. In a major development, the government has relaxed the three-year restrictions on the repatriation of profits by foreign companies — a step widely welcomed […]

Business

Davis Pharma Launches New Group “Lifeline” in Islamabad

ISLAMABAD: Davis Pharma achieved another major milestone in its journey of growth and innovation with the official launch of its new group, “Lifeline.” The grand launching ceremony was held in Islamabad and attended by the company’s top executives, officers, and staff members. Addressing the event, Group Head Umar Sharif briefed […]