Business & Economy

52 articles published

Boeing 787-9 Dreamliner aircraft to be leased by Norse Atlantic Airways to Pakistan International Airlines from November 2026.

PIA to lease two Boeing 787-9 Dreamliners from Norse Atlantic

Pakistan International Airlines is set to operate two Boeing 787-9 Dreamliners leased from Norse Atlantic Airways from November 2026 as the Norwegian carrier expands its aircraft-leasing business.

News DeskOct 9

SECP registers 5,241 new companies in Pakistan in September 2026, taking total registered companies to 317,002, with the IT sector leading new registrations.

Business & Economy

SECP registers second-highest monthly tally of 5,241 companies in September

IT sector leads new registrations, with 99.9% of companies incorporated online as digital registration continues to expand

Abdul Habib KhanOct 9

Meta Platforms bans TikTok owner ByteDance and third-party promotional advertisements on Facebook and Instagram in the United States and six other countries.

Technology

Meta bans TikTok ads on its platforms in US and six other countries

Meta has banned TikTok owner ByteDance from advertising on Facebook and Instagram in the US and six other countries. The restriction also covers third-party campaigns promoting TikTok and other ByteDance services, amid intensifying competition for users, creators and advertising revenue.

News DeskOct 9

Brent crude and WTI oil prices decline after Donald Trump signals progress in US-Iran negotiations amid concerns over Middle East oil supplies.

Business & Economy

Oil prices fall as Trump signals pause in Iran strikes

Oil prices declined on Friday after Donald Trump said the US would not attack Iran before November's midterm elections, easing immediate supply concerns. Brent crude fell to USD 102.91 a barrel, while WTI dropped to USD 90.40.

News DeskOct 9

Business & Economy

foodpanda and HBL Expand Partnership to Boost Digital Payments in Pakistan

Digital payments in Pakistan are gaining traction as foodpanda and HBL expand their partnership with youth-focused cards, sign-up rewards and pandapro loyalty benefits.

News DeskOct 9

Business & Economy

Women Entrepreneurs in Pakistan Get New Trade and Finance Support

Women entrepreneurs in Pakistan are gaining access to trade, finance and enterprise support through a new Khadijah Program session in Karachi.

News DeskOct 8

Used cars in Pakistan as imports surge from 48 vehicles in May to 2,276 in September 2026

Business & Economy

Pakistan’s Used car imports jump 4,600% from May to September

Pakistan’s used-vehicle imports jumped 4,642% from May to September 2026, rising from 48 to 2,276 units as regulatory changes fuelled a sharp rebound.

Abdul Habib KhanOct 8

IMF and Pakistan reach staff-level agreement on fourth EFF and third RSF reviews, potentially unlocking USD 1.21 billion in financing

Business & Economy

IMF and Pakistan reach staff-level agreement, paving way for USD 1.21 billion

The IMF and Pakistan have reached a staff-level agreement that could unlock about USD 1.21 billion, taking total disbursements under the country’s current IMF programmes to around USD 5.7 billion.

News DeskOct 8

Reserve Bank of India Governor Sanjay Malhotra announces a 25-basis-point interest rate hike to 5.50%.

World News

India raises interest rate for first time in nearly four years

India’s central bank has raised its benchmark interest rate by 25 basis points to 5.50%, its first hike in nearly four years, as inflation, oil prices and pressure on the rupee weigh on the outlook.

News DeskOct 7

Pakistan digital payments rise as mobile banking drives 92% share of retail transactions in FY26

Business & Economy

Digital channels handle 92% of Pakistan’s retail payments in FY26

Digital transactions surged 65% to 13.2 billion as mobile-based payments drove the shift away from traditional banking channels.

Abdul Habib KhanOct 7

Jazz launches Hamari Superpower 5G campaign in Pakistan highlighting customer choice and expanding 5G network

Business & Economy

Jazz launches 5G campaign focused on customer choice

Jazz has launched “Hamari Superpower,” a 5G campaign centered on customer choice as the company expands its network to more than 1,000 live 5G sites.

News DeskOct 6

Pakistan pharmaceutical sector records 28% profit growth to PKR42.2 billion in FY26

Business & Economy

Pakistan’s listed pharma sector profit rises 28% to PKR42.2b in FY26

Pakistan’s listed pharmaceutical sector saw profitability rise 28% to PKR42.2 billion in FY26, supported by higher prices and lower finance costs, while sales grew 10% to PKR377.9 billion.

News DeskOct 6