The United Arab Emirates (UAE) has finally clarified the current visa situation for Pakistani nationals, confirming that around 500 visas are being processed every day. This update came during a meeting between UAE Ambassador Salem M. Salem Al Bawab Al Zaabi and Pakistan’s Finance Minister Muhammad Aurangzeb in Islamabad. Latest News This announcement brings relief…
Alektra has officially launched its Metro EV lineup in Pakistan, introducing one of the cheapest electric cars ever offered in the local market. The company has unveiled both 2-door and 4-door versions, each available with three battery options, specifically designed for urban commuters who need a compact, economical, and fully electric vehicle. With starting prices…
Pakistan’s economy has once again come under the spotlight after the State Bank of Pakistan (SBP) confirmed a slight but positive increase in the country’s foreign exchange reserves. According to the latest weekly report for the period ending November 21, 2025, the reserves rose by $9 million, bringing SBP-held reserves to $14.56 billion, while the…
Pakistan’s power regulator, the National Electric Power Regulatory Authority (NEPRA), has taken strong action by imposing a Rs. 10 million penalty on the National Grid Company (NGC). This fine was issued after a long investigation that uncovered serious safety violations, staffing shortages, and operational weaknesses at multiple transmission sites in Sindh, especially in the Jhimpir…
Non–custom-paid (NCP) vehicles have long been a major problem in Balochistan, but now the provincial authorities have decided to take strict action. A province-wide crackdown is being planned after security agencies reported that several undocumented vehicles were being used in criminal and terrorist activities. The government has now decided that no NCP vehicle will be…
The Punjab government has officially implemented strict new traffic fines for 2025 to control overspeeding, reduce road accidents, and curb smoke-emitting vehicles across the province. The updated traffic ordinance introduces heavy penalties for speeding, signal violations, overloading, and environmental pollution, marking one of the toughest road-safety reforms in recent years. The decision has been approved…
The Punjab government has officially launched the Apni Zameen, Apna Ghar project, a large-scale housing initiative aimed at providing free residential plots and affordable home loans to low-income and homeless families. The scheme marks one of the biggest welfare-driven housing efforts in Punjab’s recent history and is expected to directly benefit thousands of families across…
Pakistanis may finally get long-awaited relief as electricity prices are likely to drop soon across the country. According to early indicators, falling global fuel prices, improved power generation efficiency, and government-level cost adjustments are paving the way for a downward revision in national electricity tariffs. If approved, the reduction will benefit millions of domestic, commercial,…
The Privatisation Commission of Pakistan has taken another major step in the country’s ongoing power sector reforms by signing a Financial Advisory Services Agreement (FASA) for the privatisation of two major electricity distribution companies:Hyderabad Electric Supply Company (HESCO) and Sukkur Electric Power Company (SEPCO). The agreement, signed on 27 November 2025 in Islamabad, appoints Raiffeisen…
The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood Langrial, has confirmed that the government is planning to abolish the Super Tax gradually to reduce the financial burden on large companies, multinational firms, and high-turnover businesses. This announcement was made during the second day of the Pakistan Business Council’s economic dialogue, where senior officials discussed…
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