Pakistan, Ethiopia move to deepen trade and investment cooperation

ISLAMABAD: Patron-in-Chief of the Pak-Africa Council, Ambassador Hamid Khan signed a strategic partnership agreement with Nyle Group Ethiopia during his official visit to Ethiopia, marking a new step toward strengthening business and investment cooperation between Pakistan and Africa region. The signing ceremony was held in […]

FPCCI urges FBR to extend income tax return filing deadline to Oct 31

LAHORE: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Monday urged the federal government and Federal Board of Revenue (FBR) to extend the deadline for filing income tax returns by one month, moving the cutoff date to October 31, 2026, to facilitate trade, industry, […]

LHC clarifies money laundering cases need not await tax case decisions

ISLAMABAD: The Federal Board of Revenue (FBR) on Sunday welcomed a Lahore High Court (LHC) ruling that money laundering cases could proceed independently without waiting for the conclusion of related tax cases. “The LHC has ruled that money laundering is a separate crime in its […]

EU announces €65 million financing package for Pakistan

ISLAMABAD: The European Union and Pakistan on Monday signed €65 million in financing agreements to support Global Gateway investments, strengthen the rule of law and business environment, and enhance energy and environmental resilience. The programmes include ‘Global Gateway Development Facilitation for Pakistan’, ‘Energy and Natural […]

Pakistan’s net FDI rises to $316m, highest monthly level in two years

ISLAMABAD: Adviser to Finance Minister Khurram Schehzad said Sunday that Pakistan’s net foreign direct investment (FDI) rose to $316 million in August 2026, marking the highest monthly level in two years. In a post on X, Schehzad said the increase was driven by stronger investment […]

Gold, silver prices decline in local market

ISLAMABAD: The prices of gold witnessed a decline in the local market on Saturday, with the price of 24-karat gold per tola falling by Rs100 to settle at Rs460,236, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price […]