Islamabad, May 8, 2026 — Pakistan has strongly rejected reports circulating on social media regarding the alleged targeted deportation of Pakistani nationals from the United Arab Emirates (UAE), calling the claims misleading and part of a malicious propaganda campaign.
(more…)Author: Mrs. Anjum Shahnawaz
-
High Fuel Prices Push Weekly Inflation Above 15% in Pakistan
Islamabad, May 8, 2026 – High fuel prices pushed Pakistan’s weekly inflation above 15% on a year-on-year basis, according to the latest data released by the Pakistan Bureau of Statistics on Friday.
(more…) -
LCCI presents 2026-27 budget proposals to Finance Minister Aurangzeb
The Lahore Chamber of Commerce and Industry presented its budget proposals for the fiscal year 2026-27 to Muhammad Aurangzeb during a meeting focused on economic reforms, industrial revival and export growth.
(more…) -
MoF expands Treasury Single Account to 66 new entities
ISLAMABAD, May 7, 2026 — The Ministry of Finance (MoF) has expanded the coverage of Pakistan’s Treasury Single Account (TSA) framework by adding 66 new public entities, according to an official circular issued on Thursday.
(more…) -
Pakistan apex court strikes down tax on deemed property income
ISLAMABAD, May 7, 2026 — Pakistan’s Federal Constitutional Court on Thursday declared the tax on deemed property income unlawful, dismissing appeals filed by the Federal Board of Revenue (FBR) and striking down Section 7E of the Income Tax Ordinance, 2001.
(more…) -
Pakistan and Iran discuss railway cooperation, regional connectivity
ISLAMABAD, May 7, 2026 — Pakistan and Iran on Thursday discussed expanding railway cooperation and strengthening regional connectivity during a meeting between Pakistan’s federal minister for railways and Iranian Ambassador Reza Amiri Moghadam.
(more…) -
Pakistan Accesses $700m Climate Finance, Eyes Green Bonds: Aurangzeb
ISLAMABAD, May 6, 2026 — Finance Minister Muhammad Aurangzeb said on Wednesday that Pakistan currently has access to around $600 to $700 million in climate finance and is pursuing diversified funding avenues to support climate resilience and energy transition goals.
(more…) -
PMD issues heatwave alert for Sindh, warns temperatures up to 49°C
KARACHI, May 6, 2026 — The Pakistan Meteorological Department on Wednesday issued a fresh heatwave alert for Sindh, warning that temperatures in several districts may rise as high as 49°C between May 7 and May 11.
(more…) -
Pakistan plans 500MW floating solar project at Keenjhar Lake
ISLAMABAD, May 6, 2026 — The government has planned a 500-megawatt floating solar power project at Keenjhar Lake in Sindh to generate clean electricity and reduce dependence on imported fossil fuels, official sources said.
(more…) -
Shehbaz Sharif says Pakistan key force in Iran-US diplomatic engagement
ISLAMABAD, May 6, 2026 — Prime Minister Shehbaz Sharif on Wednesday said Pakistan has emerged as a key force for peace and stability in the region, crediting its diplomatic efforts for facilitating unprecedented engagement between Iran and the United States.
(more…)