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Pakistan's Apna Ghar Scheme targets financing 150,000 homes by June 2027 with Rs71 billion in subsidies
Posted inTrade & Investment

Apna Ghar Scheme Targets 150,000 Homes by June 2027

Pakistan's flagship affordable housing scheme now has a firmer number attached to its next milestone. The State Bank of Pakistan (SBP) has confirmed that the federal government has allocated Rs71…
Posted by Zara Fatima July 24, 2026
State Bank of Pakistan reports foreign exchange reserves rising to $17.258 billion for the week ending July 17, 2026
Posted inFinTech & TradFi

Pakistan’s SBP Reserves Rise $33 Million to $17.26 Billion

Pakistan's foreign exchange reserves posted a modest gain in the latest weekly reading, steadying after a sharp debt-related dip the week before. According to the State Bank of Pakistan (SBP),…
Posted by Zara Fatima July 23, 2026
WAVES Home Appliances announces a Rs1.5 billion rights issue to strengthen its capital base
Posted inFinTech & TradFi

WAVES Home Appliances to Raise Rs1.5 Billion Through Rights Issue

One of Pakistan's most established home appliance brands is going back to its shareholders for fresh capital. WAVES Home Appliances Limited (PSX: WAVESAPP) has announced a 56% rights issue, aiming…
Posted by Zara Fatima July 23, 2026
Finance Minister Muhammad Aurangzeb briefs IMF officials on Pakistan's revenue targets and capital markets return plans in Washington
Posted inFinTech & TradFi

Pakistan Tells IMF Revenue Targets Remain on Track, Signals Capital Markets Return

Pakistan capped a consequential week of Washington diplomacy by delivering a reassuring message to its most important lender. Finance Minister Muhammad Aurangzeb informed senior IMF management that Pakistan's revenue collection…
Posted by Zara Fatima July 23, 2026
Pakistan's Apna Ghar Scheme targets financing 150,000 homes by June 2027 with Rs71 billion in subsidies
Posted inFinTech & TradFi

Banks Approve Rs160 Billion in Loans Under the Apna Ghar Program

Pakistan's flagship affordable housing scheme has crossed a major disbursement milestone. Commercial banks have collectively approved housing loans worth Rs160 billion under the Prime Minister's Wazir-e-Azam Apna Ghar Program, with…
Posted by Zara Fatima July 22, 2026
S&P Global Ratings upgrades Pakistan's sovereign credit rating to 'B' with a stable outlook
Posted inTrade & Investment

S&P Upgrades Pakistan’s Credit Rating to ‘B’ After Nine Years

Pakistan has received a vote of confidence from global financial markets it hasn't seen in nearly a decade. S&P Global Ratings has raised Pakistan's long-term foreign and local currency sovereign…
Posted by Zara Fatima July 22, 2026
UBL reports 33% profit growth and record Rs6.1 trillion in deposits in H1 2026
Posted inFinTech & TradFi

UBL Profit Jumps 33% as Deposits Hit Record Rs6.1 Trillion

United Bank Limited just capped one of the most dramatic growth runs in Pakistani banking history with another strong set of numbers. UBL reported a consolidated profit after tax of…
Posted by Zara Fatima July 22, 2026
Illustration representing Pakistan's reported request for a $10 billion US exchange stabilization facility to support foreign reserves
Posted inFinTech & TradFi

Pakistan Reportedly Seeks $10 Billion US Exchange Stabilization Facility

Pakistan is reportedly asking Washington for one of the largest bilateral financial support arrangements the US has ever extended to the country. According to Reuters, citing a source familiar with…
Posted by Zara Fatima July 22, 2026
Zindigi by JS Bank partners with UK-based nsave to simplify international remittances for Pakistani freelancers
Posted inFinTech & TradFi

Zindigi Partners With UK-Based nsave to Simplify International Remittances

Getting paid from abroad just got a more direct route into a Pakistani freelancer's own account. Zindigi, the digital banking platform powered by JS Bank, has partnered with UK-based nsave…
Posted by Zara Fatima July 21, 2026
Finance Minister Muhammad Aurangzeb meets Honeywell Technologies delegation in Washington to discuss Pakistan refinery modernization
Posted inFinTech & TradFi

Aurangzeb Discusses Refinery Modernization Plan With Honeywell in Washington

Pakistan's push to modernize its refining sector just got a serious potential partner. Finance Minister Senator Muhammad Aurangzeb met a delegation from Honeywell Technologies in Washington, D.C., to discuss a…
Posted by Zara Fatima July 21, 2026

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