The governments of Pakistan and the United States have signed a Memorandum of Understanding (MoU) to advance cooperation on the future of the historic Roosevelt Hotel in New York. The agreement marks a significant step in bilateral economic collaboration. The strategic initiative focuses on the operation, maintenance, renovation, and potential redevelopment of the property. Officials […]
SECP Releases List of 125 Foreign Companies That Closed Operations in Pakistan
The Securities and Exchange Commission of Pakistan has published an official list of 125 foreign companies that have ceased operations in the country as of January 20, 2026. The disclosure provides fresh insight into the evolving foreign investment landscape and regulatory environment in Pakistan. According to the Securities and Exchange Commission of Pakistan, the list […]
FPCCI Launches Pakistan’s First Indigenous Transparency and Accountability Index
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has launched Pakistan’s first indigenous Transparency and Accountability Index, marking a significant step toward measuring public trust in state institutions through a locally developed framework. The initiative aims to provide an objective, data-driven benchmark to assess transparency standards across the country. The Index of Transparency […]
Gold Prices Surge by Rs118,000 per Tola in Just 29 Days, Setting Historic Record
Gold prices in Pakistan have witnessed an unprecedented surge, rising by Rs118,000 per tola within a span of just 29 days. The sharp increase has sent shockwaves through local bullion markets, marking one of the fastest price escalations in the country’s history. According to market data, the price of gold per tola has climbed from […]
Foreign Direct Investment in Pakistan Falls 43% in First Half of FY26
Pakistan has witnessed a significant decline in Foreign Direct Investment (FDI) during the first six months of the fiscal year 2025-26, as net inflows dropped sharply by 43 percent year-on-year. According to the State Bank of Pakistan (SBP), net FDI totaled $808 million in H1 FY26, compared to $1,425 million in the same period last […]
UK Ex-PM Rishi Sunak Lands Senior Roles at Microsoft and Anthropic
Former UK Prime Minister Rishi Sunak has officially taken up two high-profile advisory roles at leading US technology firms Microsoft and Anthropic, marking his entry into the global tech and artificial intelligence sectors after his political career. According to documents released by the Advisory Committee on Business Appointments (ACOBA), Sunak will serve as a part-time […]