Pakistan Seeks Global Crypto Partners: VASP Licensing Now Open
The Pakistan Virtual Asset Regulatory Authority (PVARA), established under the landmark Virtual Assets Ordinance, 2025 (Ordinance No. VII of 2025), has issued a global call for Expressions of Interest (EoIs) from established Virtual Asset Service Providers (VASPs) and digital asset exchanges seeking to enter Pakistan’s growing virtual economy.
Mehfooz
Car sales soar 40% and production jumps 101% in first two months of FY 2025-26
Among cars, Toyota Corolla and Toyota Yaris cars sale also grew by 86.11 percent from 2,671 units to 4,971 units while the sale of Honda cars witnessed a nominal decline of 1.12 percent from 1,863 units during last year to 1,842 units during current year.
SBP’s Reserves Surge to $14.3B, Total Foreign Holdings Reach $19.66B
The total liquid foreign reserves of Pakistan rose to $ 19,659.5 million as of August 29, 2025 while the reserves held by the State Bank of Pakistan increased to $ 14,302.5 million.
SECP Strengthens Islamic Finance with New Guidelines for Shariah-Compliant Intermediaries
This requirement applies to takaful operators, window takaful operators, and other Shariah-compliant licensed entities, namely non-banking finance companies, collective investment schemes, voluntary pension schemes, modarabas, modaraba management companies, private funds, and securities brokers.
PNSC Adds Swan Lake & P. Aliki to Fleet, Enhancing Energy Transport Capacity
Pakistan National Shipping Corporation (PNSC), the country’s national flag carrier, has expanded its fleet from 10 to 12 vessels with the addition of two Aframax-class tankers, Swan Lake and P. Aliki, enhancing maritime and energy transport capacity.
Flyadeal Launches Direct Flights from Riyadh to Islamabad and Peshawar
Flyadeal, Saudi Arabia’s leading low-cost carrier, has officially expanded its scheduled operations to Pakistan with the launch of direct flights to Islamabad and Peshawar.
PAFLA and NIC Karachi Sign MoU to Promote Entrepreneurship
The Pakistan Freelancers Association (PAFLA) and the National Incubation Center (NIC) Karachi have signed a Memorandum of Understanding (MoU) to jointly promote entrepreneurship and provide mentorship opportunities to freelancers and startups across Pakistan.
Rotary Club Pakistan Corporate hosts grand reception honoring Rotary International delegation
Rotary Club Pakistan Corporate organized a prestigious reception in honor of the visiting Rotary International delegation, led by Rotary International President Francisco Azzaro, Trustee Chair of The Rotary Foundation Holger Knaack, and International PolioPlus Committee Chairperson Mike McGovern.
RDA inflows rise to $10.748 Billion in July 2025
The inflow of remittances under Roshan Digital Account (RDA) has risen to US $10.748 billion by the end of July 2025 as compared to US $10.563 billion by June (2025) end.
Apply Now: Green Tractor Scheme Phase II Open for Farmers Till Sept 1
Deputy Director Agriculture (Extension) Muhammad Athar Latif said that, the phase II of the Green Tractor Scheme has been launched and online applications will be received until September 1.