Business

PQAMC declares PKR 1.200 dividend for Pak-Qatar Monthly Income Plan

KARACHI — February 4, 2026 Pak-Qatar Asset Management Company Limited (PQAMC) has announced a monthly dividend of PKR 1.200 per unit for its Pak-Qatar…

Telenor Pakistan sets global record with 90-million customer migration

ISLAMABAD: Telenor Pakistan has completed what it described as the world’s largest one-go migration of its entire prepaid and postpaid customer base, moving 90…

$1.25 trillion SpaceX–xAI deal propels Elon Musk’s fortune to $852.5bn

The merger of SpaceX and xAI has reshaped the global tech landscape and sharply lifted Elon Musk’s personal wealth, pushing his estimated net worth…

KSE-100 climbs 1,150 points as PSX opens higher on Feb 4, 2026

KARACHI — Buying momentum continued at the Pakistan Stock Exchange on Wednesday, with the benchmark KSE-100 Index gaining more than 1,150 points during intra-day…

Gold hits record Rs529,162 per tola in Pakistan on Feb 4, 2026

KARACHI — Gold prices in Pakistan extended their strong upward momentum on Wednesday, driven by a sharp rally in the international bullion market, with…

PIA links up with Air France–KLM to open Europe and US cargo routes amid restructuring

ISLAMABAD — Pakistan International Airlines has signed a strategic cargo partnership with Air France–KLM, a move aimed at expanding the national carrier’s access to international…

UAE grants short rollover on Pakistan’s $2bn debt as talks continue on longer-term relief

ISLAMABAD  — The United Arab Emirates has rolled over $2 billion of Pakistan’s debt for one month at an interest rate of 6.5%, easing…

Gold price in Pakistan jumps to Rs 507,000 per tola on February 3

KARACHI — Gold prices in Pakistan surged on Tuesday as the rate of 24-karat gold climbed by Rs 16,638 to Rs 507,000 per tola, according…

Pakistan launches five-year plan to unlock $45bn gemstone export potential

Pakistan’s federal government has launched a five-year plan to expand gemstone exports and bring the sector under stronger regulatory oversight. The plan aims to…

SBP approves HBL Zarai as agricultural services provider under digital farm loan scheme

Islamabad: The State Bank of Pakistan (SBP) has approved HBL Zarai Services Limited as an Agricultural Services Provider (ASP) under the ‘Zarkhez-e’, Asaan Digital…

Air cargo volumes set new global record in 2025 as trade routes and e-commerce reshape demand

Geneva: Global air cargo volumes reached their highest level on record in 2025, driven by sustained e-commerce growth and a reconfiguration of global trade…

PSX sheds over 1,100 points after early gains fade amid selling pressure

Karachi: The Pakistan Stock Exchange (PSX) turned sharply lower on Monday after a strong start, with the benchmark KSE-100 Index shedding more than 1,100…

Pakistan, Kuwait discuss expanding labour cooperation on sidelines of Abu Dhabi Dialogue

Dubai: Pakistan and Kuwait discussed ways to strengthen cooperation in the labour sector during a meeting held on the sidelines of the Abu Dhabi…

Gold price in Pakistan falls to Rs. 490,362 per tola on February 02, 2026

Pakistan: Gold prices in Pakistan declined sharply on Monday, with the rate of 24-karat gold falling to Rs. 490,362 per tola, according to data…

World Bank President Ajay Banga begins four-day official visit to Pakistan

World Bank President Ajay Banga arrived in Pakistan on Sunday for a four-day official visit focused on economic reforms, development priorities, and long-term cooperation…

Pakistan cabinet orders review of SBP’s polymer banknotes plan, questions Rs10 note withdrawal

The federal cabinet has directed a detailed review of a proposal to introduce polymer banknotes and discontinue the Rs10 banknote, raising questions about cost,…