
Articles by Faraz Ali Ansari

The State Bank of Pakistan has given banks just over 26 months to double financing for women by December 2028. Its new policy also targets 35,000 female banking agents, stronger digital banking access and higher female employment across financial institutions.

Govt Ranks $8.47m Airport Adviser First Despite 35% Cheaper Rival
Pakistan's Privatisation Commission ranked an EY-led consortium first for Karachi and Lahore airport outsourcing advisory work despite its $8.47 million proposal exceeding a rival's bid by $2.22 million, or 35.45%.

Naya Nazimabad REIT Profit Crashes 28% Despite Rs17.89 Billion Asset Surge
Naya Nazimabad Apartment REIT reported Rs881.7 million in FY2026 profit despite generating just Rs2.39 million in gross profit from customer-contract revenue. The scheme's Rs15.5 billion property bookings, Rs1.62 billion non-cash adjustment and contrasting NAV figures reveal a complex financial picture. Copy

PIA Bosses Fly to Europe Hunting Jets for London Push
PIA aircraft leasing efforts are accelerating as its chief executive and a board member head to Europe seeking additional jets for expanding London operations and long-term fleet growth.


Lucky, Hubco Consortium Advances in Race for Control of GEPCO
Lucky Cement and Hub Power Holdings have advanced in the GEPCO privatisation race alongside Kohat Cement and Metro Ventures, with the consortium now cleared to conduct financial, technical and legal due diligence.

PPL Pockets Rs8.1bn Tax Relief, Set to Triple Pateji Gas
PPL booked an Rs8.1 billion super tax reversal in FY26 as Pakistan Petroleum advanced major gas projects, targeted higher Pateji output and increased its annual dividend.

Sazgar Sells 52% More Vehicles than it Builds as Output Falls
Sazgar Engineering Works sold 52% more four-wheelers than it produced in August-September, while output fell about 38% from a year earlier.

SBP Begins Image-Only Cheque Clearing from October 15
Pakistan Express Clearing System launches October 15, beginning SBP’s nationwide shift from physical cheque movement to faster image-based clearing.

Pakistan Pushes Automakers From Assembly to Exports
Pakistan's new auto policy direction is pushing automakers beyond assembly toward exports, engineering and innovation, as local parts makers raise concerns over sweeping reforms.

SECP Quietly Rewrites Guarantee Rules, Opening Door to Government-Backed Capital
SECP has expanded Pakistan's credit guarantee framework beyond infrastructure, introducing Ring-Fenced Capital that governments and eligible institutions can provide for agreed priority sectors.

Exports Up 10.8%, Yet Pakistan Trade Deficit Runs $117m Daily
Pakistan trade deficit widened to $10.792 billion in Q1FY27 despite exports jumping 10.84%, as faster import growth pushed the trade gap to roughly $117 million every day.


Second Promise in Four Months: PIA Sets Beijing Return Date
PIA Islamabad-Beijing flights are set to return October 30, marking the airline’s second announced restart date in four months after fuel pressures disrupted the China route.

Moroccan Fertilizer Giant OCP Eyes Punjab as DAP Sales Collapse
OCP Group explores customised fertilizers for Punjab as Pakistan’s DAP sales plunge 39% ahead of the crucial wheat sowing season.

Pakistan Auto Policy Hits IMF Roadblock Over Controversial EV Tax Break
Pakistan Auto Policy faces another delay as the IMF questions proposed EV tax incentives, sweeping duty cuts and other provisions in the 2026-31 draft.

Four of Every Five Tonnes of Pakistan’s Urea Stock Belong to Engro Fertilizers
Pakistan urea production enters a critical period as sales jump 43%, industry inventory hits a nine-month low and Engro Fertilizers holds nearly 80% of stocks.

Chinese Giant Quietly Dominates Pakistan’s Phone Market Through Three Brands
Chinese mobile giant Transsion produces one in four phones assembled in Pakistan as imports plunge 69% and local plants stumble amid a cooling phone boom.

Kohinoor Energy Makes Big Battery Move, Eyes 1,000MWh Pakistan Venture
Kohinoor Energy has joined hands with China’s Hebei Juhang to explore lithium-ion battery manufacturing in Pakistan, with proposed annual capacity eventually reaching 1,000MWh.

PTA Refuses to Ban Social For Under 16 Due to Lack of Authority
Pakistan's proposed under-16 social media restrictions face a major legal roadblock as PTA tells the Islamabad High Court it lacks the authority to impose an age ban or mandatory verification.
