Faraz Ali Ansari, Author at Focus Pakistan

Faraz Ali Ansari

Pakistan external debt remains unchanged as SBP reserves rise to $18.4 billion

Pakistan Freezes External Debt as Reserves Hit Four-Year High, SBP Says

Faraz Ali Ansari2026-07-03

KARACHI: Pakistan has frozen its external debt for nearly four years while building its foreign exchange reserves above the benchmarks set during crises times, State Bank of Pakistan Governor Jameel Ahmad informed media persons in Karachi on Thursday. Pakistan External Debt Ahmad said that the external debt of the country has remained constant since fiscal ... Read more

Pakistan FIFA World Cup campaign showcases Sialkot-made Trionda football during export promotion event in Uzbekistan

Pakistan Turns FIFA World Cup Into Global Export Powerhouse for Sialkot

Faraz Ali Ansari2026-07-03

ISLAMABAD: country has made the FIFA World Cup 2026 a global marketing arena for its football manufacturing sector, initiating an export campaign in Uzbekistan that involves sports diplomacy and trade strategy as the government searches for new customers for one of its most profitable export sectors. Instead of merely participating in the event by providing ... Read more

Punjab SME Industrial Estate planned by Punjab Small Industries Corporation at Kot Pindi Das with 364

Punjab Announces 130-Acre SME Industrial Estate at Kot Pindi Das

Faraz Ali Ansari2026-07-03

LAHORE: A new industrial area is being established by Punjab Small Industries Corporation (PSIC) in 130 acres in Kot Pindi Das, Lahore, stated Managing Director Mubeen Elahi on Thursday as chamber representatives urged the government to stop its enforcement action against factories to be evicted from existing industrial areas. Elahi presented his idea during the ... Read more

Pakistan ASEAN trade focuses on expanding exports and business partnerships across the $4 trillion Southeast Asian market.

Pakistan Targets $4 Trillion ASEAN Market in Bold Export Drive

Faraz Ali Ansari2026-07-03

KARACHI: Pakistan is making concerted efforts to boost its business relations with Southeast Asia amid efforts by government officials and entrepreneurs to venture into new export markets in one of the fastest-growing economic regions in the world. As globalization is changing trade relations between countries and the global supply chains are becoming increasingly regional, ASEAN ... Read more

SpaceX AI Smartphone prototype reportedly shown to investors before the company's IPO.

SpaceX Secret AI Smartphone Prototype Revealed Before Historic IPO

Faraz Ali Ansari2026-07-03

Elon Musk’s SpaceX quietly showed investors a prototype AI-powered smartphone weeks before its blockbuster stock market debut, The Wall Street Journal reported, even as Musk publicly dismissed the device as fiction. According to sources, SpaceX revealed a sleek, handset-type gadget to a selected few investors and other stakeholders before its IPO in June. Sources also ... Read more

Apple new iPhone models including foldable iPhone during global memory chip shortage

Apple Unleashes Five New iPhones Models Despite Global Chip Shortage

Faraz Ali Ansari2026-07-02

Apple has chosen the worst possible moment for a memory chip drought to launch its most aggressive iPhone offensive in years and industry sources say that’s exactly the point. Apple is planning an ambitious iPhone launch for the second half of this year and first half of 2027 with at least five new models and ... Read more

Maryam Nawaz Unveils Punjab’s Biggest-Ever 50,000 Tractor Programme

Faraz Ali Ansari2026-07-02

LAHORE: Punjab Chief Minister Maryam Nawaz has pulled off a first that no chief minister before her attempted: she promised 50,000 tractors to farmers within three years, a scale of support the province has never witnessed in its history. Maryam Nawaz delivered the announcement while addressing a high-level meeting of the provincial agriculture department, where ... Read more

Jeddah Cricket Stadium project announced after Pakistan and Saudi Arabia sign cricket MoU

Pakistan, Saudi Arabia Sign MoU To Build Jeddah Cricket Stadium

Faraz Ali Ansari2026-07-02

RIYADH: Saudi Arabia has made its biggest move yet towards becoming a cricket destination in the international circuit by virtue of a groundbreaking partnership between Saudi Arabia and Pakistan for the development of a world class cricket ground in Jeddah. However, the deal, which was signed between PCB and SACF, is much more than building ... Read more

Telenor Pakistan merger receives final Islamabad High Court approval as PTML completes the telecom amalgamation

Telenor Pakistan Officially Disappears as Court Clears Historic PTCL Merger

Faraz Ali Ansari2026-07-01

ISLAMABAD: Telenor Pakistan‘s operations as an independent company is over. The Islamabad High Court approved its amalgamation into Pak Telecom Mobile Limited (PTML) on Tuesday, closing out a merger that has been in motion since late last year. PTCL notified the Pakistan Stock Exchange the same day. Company Secretary Zahida Awan filed the disclosure under ... Read more

PHDL liquidation heads to the Sindh High Court after legal disputes delay the voluntary winding-up process

PHDL Seeks Fresh Court Extension as Liquidation Faces Legal Roadblocks

Faraz Ali Ansari2026-07-01

KARACHI: Pakistan Hotels Developers Limited (PHDL) is approaching the Sindh High Court for supervision over its voluntary liquidation process which failed to complete within the given extended deadline. The liquidators of PHDL filed an application, JCM No. 38 of 2026, under Sections 381 and 386 of the Companies Act, 2017, in the Sindh High Court ... Read more

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Faraz Ali Ansari

Pakistan Freezes External Debt as Reserves Hit Four-Year High, SBP Says

Pakistan Turns FIFA World Cup Into Global Export Powerhouse for Sialkot

Punjab Announces 130-Acre SME Industrial Estate at Kot Pindi Das

Pakistan Targets $4 Trillion ASEAN Market in Bold Export Drive

SpaceX Secret AI Smartphone Prototype Revealed Before Historic IPO

Apple Unleashes Five New iPhones Models Despite Global Chip Shortage

Maryam Nawaz Unveils Punjab’s Biggest-Ever 50,000 Tractor Programme

Pakistan, Saudi Arabia Sign MoU To Build Jeddah Cricket Stadium

Telenor Pakistan Officially Disappears as Court Clears Historic PTCL Merger

PHDL Seeks Fresh Court Extension as Liquidation Faces Legal Roadblocks

Federal Minister Launches Landmark Wastewater Environmental Strategy

BingX Accelerates Multi-Asset Expansion with Strong Q2 Growth

BYD Says It Can Overtake Toyota Without Selling a Single Car in America

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Faraz Ali Ansari