← Mehreen Abbasi

Business & Economy Correspondent

Mehreen Abbasi

Stories by Mehreen Abbasi

Page 14 of 23
A display at the Pakistan Stock Exchange showing market data and index levels.Pakistan / Business & Finance

PSX KSE-100 closes 1,778 points lower as selling pressure deepens

The benchmark KSE-100 ended Friday 8 May 2026 at 171,115, down 1,778 points, as cautious investors and weaker regional markets weighed on the Pakistan Stock Exchange.

A State Bank of Pakistan building with its distinctive colonnaded facade, photographed in Lahore in 2017Pakistan / Business & Finance

Pakistan's total liquid foreign reserves rise to $21.29 billion

Pakistan's total liquid foreign reserves rose to $21.2935 billion as of April 30, 2026, with the State Bank holding $15.8507 billion and commercial banks $5.4428 billion.

A Pakistan State Oil fuel station with pumps under a canopyPakistan / Business & Finance

Sitara Petroleum IPO oversubscribed seven times, raises $17.2m

Sitara Petroleum Service's book-building was oversubscribed seven times, raising up to Rs4.8 billion ($17.2 million) ahead of its listing on the Pakistan Stock Exchange.

The Gaylord National Resort and Convention Center at National Harbor, Maryland, viewed across the Potomac RiverPakistan / Business & Finance

Pakistani delegation attends SelectUSA investment summit

Sixteen Pakistani entrepreneurs and business leaders joined the SelectUSA Investment Summit in Maryland, which Washington said could deepen US-Pakistan economic ties.

The State Bank of Pakistan building in Lahore, a pale stone building with classical columns and arched windowsPakistan / Business & Finance

Foreign investors exit Pakistan's T-bills as war shakes markets

State Bank data show more than 94 per cent of foreign investment in treasury bills left by 17 April as the Middle East war roiled Pakistan's markets.

The State Bank of Pakistan headquarters building, a modern office tower with a curved facadePakistan / Business & Finance

Pakistan's inflation returns to double digits for first time in 21 months

Consumer prices rose nearly 11 per cent year-on-year in April, the first double-digit reading in 21 months, driven by transport and perishable food costs.

Fuel pumps and forecourt canopy at a Pakistan State Oil filling stationPakistan / Business & Finance

Petrol and diesel prices cross Rs399 per litre in Pakistan

The government raised petrol by Rs6.51 and high-speed diesel by Rs19.39 per litre on 30 April, a day before the scheduled weekly review, as pumps halted sales.

A Pakistan State Oil fuel station beside a road in Hyderabad, SindhPakistan / Business & Finance

Pakistan raises petrol and diesel prices again for eight days

The federal government approved another increase of Rs6.51 per litre for petrol and Rs19.39 for diesel, taking both fuels to just under Rs400 a litre from 1 May.

A commemorative 75-rupee banknote issued by the State Bank of Pakistan in 2023Pakistan / Business & Finance

FBR misses revised 10-month tax target by Rs683 billion

The Federal Board of Revenue collected Rs10,263 billion against a revised July–April target of Rs10,946 billion, with April alone falling Rs73 billion short.

Flood water covering a village in Sindh, Pakistan.Pakistan / Business & Finance

Pakistan, European Investment Bank sign €100m Sindh flood housing deal

Pakistan and the European Investment Bank signed a €100 million financing agreement on 29 April 2026 to rebuild flood-damaged homes in rural Sindh.

Rows of solar panels installed on a rooftop in Karachi.Pakistan / Business & Finance

Nepra abolishes licence requirement and fee for small solar users

Nepra withdrew the licence requirement and Rs1,000 per kW fee for solar net-metering consumers with systems below 25 kilowatts, effective from 9 February 2026.

The old State Bank of Pakistan building in Karachi, now the State Bank Museum.Pakistan / Business & Finance

SBP raises policy rate by 100bps to 11.5pc, first hike in three years

The State Bank of Pakistan raised its policy rate to 11.5 per cent on 27 April 2026, the first hike in nearly three years, citing conflict-driven energy prices.