Pakistan’s Exports to Middle East Drop 8% in April Amid Regional Conflict
Imports from Saudi Arabia rose four percent over the ten-month period to $3.316 billion, even as April imports slipped two percent year-on-year
May 19, 2026
Business
Pakistan to Introduce Fixed Tax Scheme for Retailers in Federal Budget
Unlike earlier retail tax initiatives, the new scheme does not use shop size, covered area, or location as a basis for taxation
May 18, 2026
5G to be Allowed on iPhones in Pakistan Next Year
Industry officials believe Apple will likely align activation with broader 5G maturity in Pakistan’s telecom sector by 2027
May 7, 2026
Turkey Reveals Yildirimhan 6,000km Intercontinental Ballistic Missile
Turkey’s defence exports have expanded rapidly, with locally produced drones and guided munitions already used by several countries
May 6, 2026
CaixaBank Profit Rises 7% in Q1 as Revenues and Insurance Boost Earnings
The lender has maintained strong financial performance following a record 2025, supported by disciplined cost control, steady lending activity, and consistent shareholder returns
April 30, 2026
SoFi Stock Drops 13% After Earnings Miss and Platform Revenue Decline
CEO Noto said demand from lending partners remains strong, noting that SoFi is not currently seeing deterioration in private credit performance
April 29, 2026
Global Economy Warned of 2008-Style Risks as Private Credit, AI and Energy Pressures Grow
Despite concerns, regulators emphasise that the core banking system is significantly stronger than it was in 2008, with higher capital reserves and stricter oversight
April 29, 2026
Fuel Shock in Pakistan: Petrol, Diesel Prices Jump by Rs26.77 per Litre
Diesel remains a key revenue-generating fuel for the government, with monthly consumption estimated at 700,000 to 800,000 tonnes, compared to only about 10,000 tonnes of kerosene
April 25, 2026