Middle East Airports Close Amid Iran Conflict, Causing Global Travel Chaos
Travel chaos extended through the Middle East and beyond, sending airline stocks sharply lower on Monday (Mar 2), as carriers across the Persian Gulf extended blanket flight suspensions, causing major disruptions at some of the world’s busiest airports.
Adil Aziz
PBF for reforms to promote cash-flow-based lending for SME growth
Pakistan Business Forum (PBF) urged policy-makers and financial regulators to introduce prudential regulations to encourage cash-flow-based lending and unlock the immense potential of Pakistan’s small and medium enterprise (SME) sector.
Editor
Abbottabad District Administration Fines Alkaram Studio, Stylo Shoes & Clive Cosmetics Over Consumer Law Breach
Alkaram Studio was fined Rs. 50,000 for charging customers for branded shopping bags, while Stylo Shoes and Clive Cosmetics were penalized for selling products without clearly mentioning manufacturing and expiry dates. Officials reiterated that charging for logo-printed shopping bags and selling items without MFG and expiry details are punishable offenses under the law.
Mehfooz
Pakistan’s total liquid foreign reserves rise to $ 21.41 billion
The total liquid foreign reserves of Pakistan increased to US$ 21,407.7 million as of February 20, 2026 while the reserves held by the State Bank of Pakistan slightly rose to $ 16,212.9 million.
SECP revises, Shariah screening criteria for PSX-KMI all share index
The Securities and Exchange Commission of Pakistan (SECP) has approved revisions to the Shariah screening criteria and methodology for the PSX-KMI All Share Index.
Mega Motor Company Signs Financing Deal with British International Investment for Pakistan’s First Large-Scale NEV Plant
Mega Motor Company (Private) Limited (MMC), official partner of BYD in Pakistan, has signed a financing agreement with British International Investment (BII), the UK’s development finance institution and impact investor, to support the establishment of Pakistan’s first purpose-built large-scale NEV manufacturing plant.
Pakistan’s Non-Bank financial sector records strong growth in H2 2025
Pakistan’s non-bank financial sector maintained strong growth momentum during the second half of 2025, with total assets rising to Rs. 6.84 trillion as of December 31, 2025, compared to Rs. 5.635 trillion on June 30, 2025—an increase of 21 percent over six months.
PTCL posts 12% revenue growth in 2025
Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, recorded a 12% year-on-year (YoY) increase in consolidated revenue for the year ended December 31, 2025, driven by 50% growth in Flash Fiber and 16% growth in Business Solutions compared to the previous financial year.