Adil Aziz

Pakistan-US Investment Conference in Dallas Unlocks New Business Opportunities

Pakistan-US Investment Conference in Dallas Unlocks New Business Opportunities

Pakistan and the United States have launched their most significant bilateral business partnership in decades during the Pakistan-US Investment Conference 2025 in Dallas.

Pakistan’s Current Account Surplus Hits $1.8 Billion in FY25

Pakistan’s Current Account Surplus Hits $1.8 Billion in FY25

Pakistan’s External Current Account Balance recorded a surplus of US$ 1.812 billion during July to May 2024-25 as compared to a deficit of $ 1.572 billion during the first 11 months of previous fiscal year.

Strait of Hormuz in Flames! Tankers Burn Following Devastating Crash

Strait of Hormuz in Flames! Tankers Burn Following Devastating Crash

A massive blaze has erupted after two tankers collided near the entrance of the Strait of Hormuz, a vital global shipping route.

Ships Signal Jamming Escalates in Persian Gulf Amid Widening Clashes

Ships Signal Jamming Escalates in Persian Gulf Amid Widening Clashes

Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, creating confusion in the shipping chokepoint as the fighting between Iran and Israel intensified.

New Tax Rules for Non-Filers—Higher Withdrawal Limits, Increased Rates

New Tax Rules for Non-Filers—Higher Withdrawal Limits, Increased Rates

The government has revised the withholding tax on cash withdrawals by non-filers, raising both the tax rate and the exemption threshold under the Finance Bill 2025–26.

Pakistan’s Airspace Remains Operational Amid Regional Unrest

Pakistan’s Airspace Remains Operational Amid Regional Unrest

Despite rising tensions in the region, Pakistan’s airspace remains fully operational and continues to be effectively used by international airlines, according to the Pakistan Airports Authority.

SBP’s Upcoming Monetary Policy Shift: What to Expect on June 16

SBP’s Upcoming Monetary Policy Shift: What to Expect on June 16

The State Bank of Pakistan will announce Monetary Policy on June 16 in a meeting of the Monetary Policy Committee (MPC).

Pakistan’s Automobile Sector Post Budget 2025-26: Challenges and Opportunities

Pakistan’s Automobile Sector Post Budget 2025-26: Challenges and Opportunities

The Pakistan Budget 2025–26 has introduced significant policy measures impacting the automobile industry. From new taxation structures to import restrictions, the sector faces both hurdles and potential growth opportunities.

Meta AI Introduces Generative Video Editing for Creativity

Meta AI Introduces Generative Video Editing for Creativity

Meta AI is unveiling a generative AI video editing feature, now available in the Meta AI app, the Meta.AI website, and the Edits app. This new capability allows users to enhance short-form videos through a selection of preset AI prompts, transforming elements like outfits, locations, and lighting with a simple tap.

Aurangzeb Announces Tax Relief for Salaried Class & Construction Sector

Aurangzeb Announces Tax Relief for Salaried Class & Construction Sector

Minister for Finance and Revenue Muhammad Aurangzeb announced major tax relief measures for salaried persons, construction sector, and purchase of immovable property besides introducing tax credit to provide loans to construct low-cost houses.