The federal government’s total debt stock increased by Rs641 billion during the first half of the current fiscal year (FY26), mainly due to a sharp rise in domestic borrowing, according to data released by the State Bank of Pakistan (SBP) on Wednesday.
(more…)Author: Faisal Shahnawaz
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Faysal Bank and Waseela Pakistan partner to fast-track Shariah financing for farmers
Karachi, February 11, 2026: Faysal Bank Limited (FBL), Pakistan’s leading Islamic bank, and Waseela Pakistan, an operator of integrated agricultural ecosystems, have signed a Memorandum of Understanding (MoU) to facilitate fast-track, Shariah-compliant financing for farmers to meet their agricultural production needs.
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Fortune favors the bold as West Indies topple England by 30 runs
Mumbai, February 11, 2026 – West Indies delivered a commanding performance to defeat England by 30 runs in a T20 World Cup 2026 encounter at Mumbai. Sherfane Rutherford’s brilliant unbeaten 76 off 42 balls anchored the innings, helping the Men in Maroon set a strong total and defend it successfully.
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Dewan Motors to Launch MINI Cars in Pakistan – Cooper, Countryman & Electric Aceman Coming Soon
Pakistan’s premium auto market is about to get more exciting as Dewan Motors, the official importer of BMW in Pakistan, gears up to launch MINI vehicles in the country.
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SBP Releases Daily KIBOR Rates for February 11, 2026
Karachi, February 11, 2026 – The State Bank of Pakistan (SBP) on Wednesday released the daily Karachi Interbank Offered Rates (KIBOR), providing critical reference rates for banks, financial institutions, and investors across Pakistan. KIBOR rates are widely used to determine lending, borrowing, and investment costs, making them an essential barometer of market liquidity and monetary policy impacts.
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Pakistan Customs gears up for mega vehicle auction in Karachi on February 18
Karachi, February 11, 2026 – Pakistan Customs has announced a mega auction of 239 vehicles, scheduled to take place on February 18, 2026, in Karachi, offering buyers a wide range of seized and confiscated vehicles.
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Atletico Madrid vs Barcelona: Copa del Rey Semifinal Clash Set for High Stakes in Madrid
Atletico Madrid and FC Barcelona will face off on Thursday in the second semifinal of the Copa del Rey, setting the stage for a high-intensity encounter at the Metropolitano Stadium in Madrid.
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SECP greenlights Jazz’s takeover of TPL Insurance, boosting digital coverage
Islamabad, February 11, 2026 – The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited, marking a significant development in Pakistan’s digital insurance and telecom sectors.
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KSE-100 index rebounds 896 points amid strong buying momentum
Karachi, February 11, 2026 – The KSE-100 index of the Pakistan Stock Exchange (PSX) rebounded sharply on Wednesday, posting a gain of 896 points as buying activity accelerated across major sectors. The benchmark index ended the day at 183,050 points, up from the previous close of 182,154 points, reflecting renewed investor confidence in the market.
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SBP Updates Interbank Foreign Exchange Rates: February 11, 2026
Karachi, February 11, 2026 – The State Bank of Pakistan (SBP) has released the latest interbank foreign exchange rates for Wednesday, February 11, 2026. These rates are aimed at assisting banking consumers and businesses in planning their foreign exchange transactions.
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