Pakistan: Trade deficit shrinks 39% in May
Pakistan’s trade deficit narrowed by 39.43% month-on-month (MoM) to $2.58 billion in May 2026, compared to $4.26bn in April 2026, as imports contracted sharply during the month. The improvement was…
GCIL approves Rs1.86bn investment in GEM
Ghani Chemical Industries Limited’s (PSX: GCIL) members approved a further investment of up to Rs. 1,862,980,000 in GHG Emissions Mitigation Limited (GEM), an associated company of GCIL, through subscription of…
Italy opens new doors for Pakistan: 10,500 worker quota, 3,200 student visas, stronger bilateral cooperation
Italy has allocated a special quota for 10,500 Pakistani workers over the next three years and issued more than 3,200 student visas for the 2025-26 academic year, reflecting growing cooperation…
Communications minister greenlights 172km motorway linking Mansehra to Kaghan, Chilas
Federal Minister for Communications Aleem Khan on Tuesday approved the construction of a new, state-of-the-art motorway via Mansehra, Kaghan, Naran, Jhal Khand, and Chilas (MNJC) to provide a safe alternative…
SBP launches riyal, dirham Naya Pakistan Certificates
State Bank has announced it will issue Naya Pakistan Certificates in Saudi riyal and UAE dirham, but the returns are slightly lower than those for US dollar investments. The central…
Pakistan: European Union outlines new GSP+ terms
Pakistan and the European Union (EU) emphasized the importance of strong economic relations, reaffirming their commitment to continuing cooperation under the Generalised Scheme of Preferences Plus (GSP+) framework. Kaja Kallas,…