Pakistan’s defence export pipeline is expected to emerge as a major economic growth driver between 2026 and 2030, with confirmed and potential defence deals already reaching double-digit billions of dollars, according to a report by KASB Securities. The report notes that following the success of Operation Bunyan e Marsous, Pakistan’s diplomatic standing has improved significantly, translating
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SOE Net Losses Jump Over 300% Despite Generating Rs. 12 Trillion in Revenue
12 January, 2026 0 17State-Owned Enterprises (SOEs) in Pakistan reported a significant increase in losses for FY2024-25, posting a net loss of Rs. 122.9 billion, a 301.66 percent rise compared to Rs. 30.6 billion in FY2024. This information was presented during a meeting of the Cabinet Committee on SOEs (CCoSOEs), chaired by Federal Minister for Finance and Revenue Muhammad Aurangzeb.
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Lahore to Launch Its First-Ever Floating Restaurant: What Visitors Can Expect
12 January, 2026 0 11Lahore is set to welcome its first-ever floating restaurant as construction progresses near Jallo Mor on a canal stretch being redesigned to offer a complete waterfront dining and recreational experience. The project aims to transform the area into a modern leisure destination where visitors can enjoy food, scenic views, and entertainment in a single location.
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IMF Praises Pakistan’s Privatisation Drive, Calls PIA Sale a Major Economic Milestone
12 January, 2026 0 10The International Monetary Fund (IMF) has praised Pakistan’s recent privatization efforts, highlighting the sale of a majority stake in Pakistan International Airlines (PIA) as a key step toward economic reform. Reports indicate that the government sold 75 percent of PIA to a private consortium for Rs 135 billion, equivalent to approximately 486 million US dollars. The consortium is led by
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Pakistan Secures $10 Billion Arms Deals in 2024-25, Emerging as Key Player in Global Weapons Market
12 January, 2026 0 7Pakistan has emerged as a more prominent player in the global defence and weapons market, following defence agreements worth nearly $10 billion signed during the 2024–25 period. This surge in military exports was driven by significant deals with countries including Libya, Azerbaijan, Iraq, and Saudi Arabia. Under these agreements, Pakistan supplied a wide range of defence equipment, such as
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Pakistan’s Textile Industry Urges Government to Slash Rs. 160 Billion Electricity Costs to Safeguard Exports
11 January, 2026 0 12The Pakistan Textile Council (PTC) has formally urged the government to remove cross-subsidies embedded in industrial electricity tariffs, highlighting that current power pricing distortions are undermining the competitiveness of Pakistan’s export-oriented textile sector. In a letter addressed to Adviser to the Prime Minister Dr. Syed Tauqir Hussain Shah, the PTC called for the elimination of
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PM Shehbaz Approves $450 Billion Gemstone Mining Plan to Boost Pakistan’s Mining Sector
11 January, 2026 0 10Prime Minister Muhammad Shehbaz Sharif has approved a comprehensive National Policy Framework aimed at unlocking the potential of Pakistan’s gemstone sector and boosting exports by an estimated $450 billion. Highlighting the untapped wealth, he noted that Pakistan’s gemstone reserves are valued at $450 billion, while annual exports currently stand at just $5.8 million. Under the new policy, the
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Pakistani Rupee Closes Week Strong, Maintains Winning Streak Against US Dollar
11 January, 2026 0 7The Pakistani rupee (PKR) continued its positive streak against the US Dollar (USD) for the 76th consecutive day on Friday, closing at 280.02 after gaining two paisas in the interbank market. The PKR also strengthened against all major currencies during the session, reflecting broad-based gains in the forex market.
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Bank of Khyber Recognized as One of Asia-Pacific’s Top-Performing Banks in 2025 by S&P Global
11 January, 2026 0 7Bank of Khyber (BoK) has been recognized as one of the top-performing banks in the Asia-Pacific region for total shareholder returns in 2025, according to a recent report by S&P Global Market Intelligence. The analysis highlights the remarkable performance of banks across the region, with Pakistani institutions prominently leading the rankings.
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PIA Reports Rs22 Billion Losses From Prolonged Aircraft Grounding, Audit Cites Maintenance Delays and Inefficiencies
11 January, 2026 0 9Pakistan International Airlines (PIA) reported losses of Rs22 billion due to prolonged aircraft grounding, according to a recent audit. The review found that several planes remained out of service for periods ranging from 44 to 652 days, primarily because of delayed maintenance, structural repairs, and financial constraints affecting operational readiness.
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