Pakistan and the United Arab Emirates (UAE) have agreed to introduce a pre-immigration clearance system that will allow Pakistani passengers to complete immigration formalities before departure, enabling them to bypass lengthy queues on arrival at UAE airports. The development came during a meeting between Director General Customs and Port Security Ahmed bin Lahij Al Falasi of UAE and Federal M
Stocks closed lower on Friday as late-session profit-taking erased early gains, pushing the benchmark KSE-100 index down by around 1,130 points to 184,410. Market participants initially maintained a positive stance during morning trade; however, selling pressure intensified in the latter half as investors chose to lock in gains ahead of the weekend, resulting in another negative close for CY26.
Rana Mashhood Ahmad Khan, Chairman of the Prime Minister's Youth Programme (PMYP), announced that Pakistan will exit the International Monetary Fund (IMF) programme by June next year. Addressing a diaspora gathering in London on Saturday, he said Pakistan was steadily moving towards economic self-reliance and would no longer require IMF support by mid-2026. He added that the country's recent
In August 2009, the State Bank of Pakistan (SBP) officially changed its monetary policy framework from targeting monetary aggregates to an interest rate-based monetary policy framework, known as the inflation-targeting-lite regime, by introducing the interest rate corridor (IRC). Within international systems, the adoption of IRC would be a transitional move for implementing a flexible or full-f
Pakistan has taken bold steps forward in modernising its regulatory landscape, delivering significant enhancements to anti-money laundering safeguards, corporate transparency, and the simplicity of starting a business, initiatives that have positioned the country as a more competitive and compliant player on the global stage. At the heart of these achievements is the Securities and Exchange Com