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SBP reserves drop $229m to $17.03b

[ ISLAMABAD: The State Bank of Pakistan’s (SBP) foreign exchange reserves declined by $229 million during the week ended July 24, 2026, settling at $17.03 billion, the central bank said. The drop was attributed to external debt repayments. Pakistan’s total liquid foreign reserves stood at $22.4 billion as of July 24. Of these, the SBP … Read more

Pakistan exits war-risk list

KARACHI: Pakistan and its territorial waters have been removed from the Listed Areas of Lloyd’s Market Association’s Joint War Committee (JWC), after more than two decades, a move that will help reduce war-risk insurance premiums and shipping costs. The announcement was made by Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry while addressing the … Read more

Finance ministry warns of risks despite economic gains

US-Iran tensions pose fresh risks as remittances, stocks surge but exports, FDI decline IMF projects 7.2% inflation this fiscal year, up from its earlier 6.3% estimate. PHOTO: PIXABAY ISLAMABAD: The Ministry of Finance has cautioned that renewed escalation in tensions between the United States and Iran could trigger volatility in global energy prices, trade flows … Read more

Phased oil sector deregulation soon

The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS ISLAMABAD: The government has decided to press ahead with phased deregulation of the oil industry, which comes after shifting from the weekly to daily petroleum price revisions in the face of continuing US-Iran war. Officials say that Pakistan’s experience demonstrates that … Read more

Spotify selects HAVI as RADAR Pakistan artist for Q3 2026

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KARACHI: Music streaming platform Spotify has named Pakistani singer-songwriter HAVI as its RADAR Pakistan artist for the third quarter of 2026, making him the latest emerging musician to join the platform’s global artist development programme. HAVI, whose real name is Abdur Rahman Sajid, has gained attention for his emotionally driven songs and storytelling. According to … Read more