A narrow waterway between Iran and Oman, connecting the Persian Gulf to the Arabian Sea. It is one of the most strategically important chokepoints in the world for oil transport. Global Business Impact of the Strait of Hormuz 1.
Read moreThe Middle East is once again teetering on the edge of full-blown chaos. The escalating conflict between Iran and Israel is no longer a distant regional issue—it is a direct threat to economic stability across Asia, including Pakistan. While
Read moreCareem, the Dubai-based ride-hailing giant (now a subsidiary of Uber), first entered Pakistan in 2015 with ambitious plans to revolutionize urban transport. Over the next decade, it: Introduced app-based ride booking to Pakistani cities Popularized digital payments and enhanced
Read moreBudget 2026 didn’t just give the real estate sector a boost—it handed it a carefully crafted package that’s raising eyebrows for all the right (and wrong) reasons. While a builder-friendly budget was widely anticipated, the final outcome surprised many
Read moreAs geopolitical tensions escalate in the Middle East, particularly with renewed hostilities between Israel and Iran, Pakistan’s Finance Minister Muhammad Aurangzeb has reassured that the country is well-prepared to handle any economic fallout that may arise from regional instability.
Read moreIn a significant fiscal move, the Punjab government on Monday unveiled a tax-free budget worth Rs5.335 trillion for the financial year 2025–26. The announcement was made by Punjab Finance Minister Mujtaba Shuja-ur-Rehman during the provincial assembly session, just a
Read morePakistan’s federal government may fall short of its revised petroleum levy (PL) target of Rs 1,161 billion for FY 2024–25, primarily due to the escalating oil prices driven by geopolitical tensions — notably, Israel’s recent strikes on Iran. On
Read morePakistan’s central bank is widely expected to maintain its benchmark interest rate at 12% when it meets on Monday, according to a Reuters poll geo.tv+15reuters.com+15dailytimes.com.pk+15. The rebound in oil prices following Israel’s strike on Iran has prompted analysts to
Read moreIn June 2025, Finance Minister Muhammad Aurangzeb tabled Pakistan’s Rs17.57 trillion (~$62 billion) federal budget, marking a notable 7% reduction in overall spending from the previous fiscal year apnews.com+12reuters.com+12arabnews.com+12. Though the budget reflects austerity, it simultaneously ramps up defence spending, signaling complex
Read moreThe telecom sector has urged the government to reduce the sales tax on telecom services from 19.5% to 16% in the upcoming budget, aligning rates nationwide. It also called for the abolishment of advance income tax on license auctions
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