Fatima Fertilizer and IFC Announce US$60 Million Renewable Liquidity Facility to Support Food Security and Agricultural Resilience in Pakistan
Fatima Fertilizer Company Limited and IFC, a member of the World Bank Group, announced a renewable liquidity facility of US$60 million per year to help maintain uninterrupted domestic fertilizer production by enabling Fatima Fertilizer to import essential raw materials, machinery, and technical services.
Adil Aziz
Tractor production dropped by 1,603 units in the first five months of FY 2025‑26
Tractors production in the country during the first 05 months of the current financial year was recorded at 9,860 as compared to the production of the 11,463 tractors of the same period of the corresponding period of the last year.
Editor
SBP Reduces Policy Rate by 50 Basis Points to Support Economic Growth
The State Bank of Pakistan (SBP) today announced a reduction of its key policy rate by 0.5%, bringing the benchmark interest rate down from 11% to 10.5%.
Mehfooz
SAPM Haroon Enhances Pakistan‑Turkey Partnership in Investment and Business Expansion
Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan held a meeting with Turkish business delegation and discussed joint ventures, investment opportunities, and facilitation measures for Turkish investors in key industrial sectors.
PSX announces top 25 companies for Awards-2024
Pakistan Stock Exchange (PSX) announced the list of recipients of the top 25 companies awards for the calendar year 2024, recognizing their overall performance.
Fatima Fertilizer wins four prestigious awards at The Drum Awards 2025 in London, UK
Fatima Fertilizer has received significant international recognition by winning four major awards at The Drum Awards 2025 in London reflecting impactful purpose-led communication for the Salam Kissan campaign and the company’s strategic partnership with UNDP.
US-based Datarocx partners with Data Vault to expand operations in Pakistan
A US-based data center operator Datarocx and Data Vault, Pakistan’s first dedicated AI data center, have signed a strategic partnership aimed at transforming Pakistan into a regional hub for artificial intelligence and high-performance computing.
SECP Introduces Life Insurance Policy Finder Service for Public Facilitation
The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Central Depository Company of Pakistan Limited (CDC) and the Insurance Association of Pakistan (IAP), has introduced the Life Insurance Policy Finder Service. This initiative is designed to facilitate the general public in locating life insurance policies of deceased loved ones.
FBR Clarifies Wrong Tax Return SMS Sent by Telecom Operators
Each year in September, the Federal Board of Revenue (FBR) approaches Pakistan Telecommunication Authority (PTA) to send customized text messages reminding taxpayers to file their income tax returns before the statutory deadline.
PTA Approves NOC for PTCL’s Acquisition of Telenor Pakistan
The Pakistan Telecommunication Authority (PTA) has granted a No Objection Certificate (NOC) to Pakistan Telecommunication Company Limited (PTCL) for the acquisition of Telenor Pakistan (Pvt.) Ltd., after a comprehensive review under the applicable regulatory framework.