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PAKISTAN ECONOMY

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    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    India May Restrict Sulphur Exports Amid Tightening Supplies

    India May Restrict Sulphur Exports Amid Tightening Supplies

    SBP Likely to Keep Policy Rate Unchanged as Rising Oil Prices Cloud Inflation Outlook

    Pakistan Receives $2bn from Saudi Arabia, Says SBP

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

  • Business & Finance
    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    India May Restrict Sulphur Exports Amid Tightening Supplies

    India May Restrict Sulphur Exports Amid Tightening Supplies

    SBP Likely to Keep Policy Rate Unchanged as Rising Oil Prices Cloud Inflation Outlook

    Pakistan Receives $2bn from Saudi Arabia, Says SBP

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

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    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

  • World
    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

    Crude oil surges, equity markets rise as Iran tanker attack meets Trump war exit signals

    Crude oil surges, equity markets rise as Iran tanker attack meets Trump war exit signals

    Romania and Pakistan Sign Memorandum of Understanding on Port Cooperation

    Romania and Pakistan Sign Memorandum of Understanding on Port Cooperation

    Gold heads for steepest monthly drop in over 17 years despite Tuesday rebound

    Gold heads for steepest monthly drop in over 17 years despite Tuesday rebound

    Oil volatile as Iran de-escalation hopes clash with Hormuz supply fears

    Oil volatile as Iran de-escalation hopes clash with Hormuz supply fears

    Barrick slows Reko Diq rollout as Iran war jolts region

    Barrick slows Reko Diq rollout as Iran war jolts region

    Oil drops nearly 4% amid hopes of Middle East ceasefire easing supply crunch

    Oil drops nearly 4% amid hopes of Middle East ceasefire easing supply crunch

    China Unveils Future Economic Plan, Highlights Expanding Pakistan Partnership

    China Unveils Future Economic Plan, Highlights Expanding Pakistan Partnership

  • Pakistan
    Gold prices in Pakistan surge to near Rs500,000 per tola amid global rally

    Gold prices in Pakistan surge to near Rs500,000 per tola amid global rally

    Passenger Car Sales Jump 45% in March as Auto Sector Shows Strong Recovery

    Passenger Car Sales Jump 45% in March as Auto Sector Shows Strong Recovery

    PSX recovers over 4,000 points during intraday trade

    PSX recovers over 4,000 points during intraday trade

    Pakistan in Talks with Saudi Arabia and China for Over $3.5 Billion in Financial Support Amid UAE Loan Repayment Pressure

    Pakistan in Talks with Saudi Arabia and China for Over $3.5 Billion in Financial Support Amid UAE Loan Repayment Pressure

    Fitch Affirms Pakistan’s B- Rating with Stable Outlook, Cites Economic Progress

    Fitch Affirms Pakistan’s B- Rating with Stable Outlook, Cites Economic Progress

    Gold surges Rs15,700 per tola in Pakistan amid global rally

    Gold surges Rs15,700 per tola in Pakistan amid global rally

    US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

    US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

    Afnan Ismail Appointed Focal Person for PM Youth Program to Boost Women Empowerment

    Afnan Ismail Appointed Focal Person for PM Youth Program to Boost Women Empowerment

    Pakistan tells IMF it is ready to raise interest rates

    Pakistan tells IMF it is ready to raise interest rates

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  • Latest
    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    India May Restrict Sulphur Exports Amid Tightening Supplies

    India May Restrict Sulphur Exports Amid Tightening Supplies

    SBP Likely to Keep Policy Rate Unchanged as Rising Oil Prices Cloud Inflation Outlook

    Pakistan Receives $2bn from Saudi Arabia, Says SBP

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

  • Business & Finance
    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Federal Tax Shortfall May Reach Rs1,000bn, Says KP Adviser

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Gold Rises as Weaker Dollar, US-Iran Deal Hopes Lift Sentiment

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Section 7E Deemed Income Tax Challenged as Unconstitutional in FCC

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    Oil Steady as Doubts Persist Over US-Iran Talks Easing Supply Disruptions

    India May Restrict Sulphur Exports Amid Tightening Supplies

    India May Restrict Sulphur Exports Amid Tightening Supplies

    SBP Likely to Keep Policy Rate Unchanged as Rising Oil Prices Cloud Inflation Outlook

    Pakistan Receives $2bn from Saudi Arabia, Says SBP

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    TSMC Sees No Near-Term Impact of War on Chip Material Supplies

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Records $1.07bn Current Account Surplus in March 2026

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

    Pakistan Car Sales Surge 45% in FY26 as ICE Vehicles Maintain Dominance

  • Fintech
  • Opinion
    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Center for Islamic Civilization: A Megaproject Recognized by the International Community

    Khojaly Genocide: A bloody chapter in 20th-century history

    Khojaly Genocide: A bloody chapter in 20th-century history

    Remembering Khojaly is a moral obligation

    Remembering Khojaly is a moral obligation

  • World
    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    Aurangzeb in Washington for World Bank-IMF Spring Meetings 2026

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

    OMC Sales Jump in March, but Middle East Tensions May Weigh on Demand

    Crude oil surges, equity markets rise as Iran tanker attack meets Trump war exit signals

    Crude oil surges, equity markets rise as Iran tanker attack meets Trump war exit signals

    Romania and Pakistan Sign Memorandum of Understanding on Port Cooperation

    Romania and Pakistan Sign Memorandum of Understanding on Port Cooperation

    Gold heads for steepest monthly drop in over 17 years despite Tuesday rebound

    Gold heads for steepest monthly drop in over 17 years despite Tuesday rebound

    Oil volatile as Iran de-escalation hopes clash with Hormuz supply fears

    Oil volatile as Iran de-escalation hopes clash with Hormuz supply fears

    Barrick slows Reko Diq rollout as Iran war jolts region

    Barrick slows Reko Diq rollout as Iran war jolts region

    Oil drops nearly 4% amid hopes of Middle East ceasefire easing supply crunch

    Oil drops nearly 4% amid hopes of Middle East ceasefire easing supply crunch

    China Unveils Future Economic Plan, Highlights Expanding Pakistan Partnership

    China Unveils Future Economic Plan, Highlights Expanding Pakistan Partnership

  • Pakistan
    Gold prices in Pakistan surge to near Rs500,000 per tola amid global rally

    Gold prices in Pakistan surge to near Rs500,000 per tola amid global rally

    Passenger Car Sales Jump 45% in March as Auto Sector Shows Strong Recovery

    Passenger Car Sales Jump 45% in March as Auto Sector Shows Strong Recovery

    PSX recovers over 4,000 points during intraday trade

    PSX recovers over 4,000 points during intraday trade

    Pakistan in Talks with Saudi Arabia and China for Over $3.5 Billion in Financial Support Amid UAE Loan Repayment Pressure

    Pakistan in Talks with Saudi Arabia and China for Over $3.5 Billion in Financial Support Amid UAE Loan Repayment Pressure

    Fitch Affirms Pakistan’s B- Rating with Stable Outlook, Cites Economic Progress

    Fitch Affirms Pakistan’s B- Rating with Stable Outlook, Cites Economic Progress

    Gold surges Rs15,700 per tola in Pakistan amid global rally

    Gold surges Rs15,700 per tola in Pakistan amid global rally

    US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

    US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

    Afnan Ismail Appointed Focal Person for PM Youth Program to Boost Women Empowerment

    Afnan Ismail Appointed Focal Person for PM Youth Program to Boost Women Empowerment

    Pakistan tells IMF it is ready to raise interest rates

    Pakistan tells IMF it is ready to raise interest rates

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Pakistan, Kazakhstan Seal Major Partnership with 37 Agreements

News Desk by News Desk
February 4, 2026
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ISLAMABAD: Pakistan and Kazakhstan on Wednesday formalised a wide-ranging partnership by signing 37 agreements and Memorandums of Understanding (MoUs) across multiple sectors, including petroleum, mining, maritime affairs, trade, and connectivity.

The accords were announced at a joint press conference by Prime Minister Shehbaz Sharif and Kazakhstan President Kassym-Jomart Tokayev, who is in Pakistan on a two-day official visit aimed at deepening bilateral cooperation.

Earlier in the day, PM Shehbaz warmly received President Tokayev at his official residence, where the visiting dignitary was accorded a ceremonial guard of honour by a smartly turned-out contingent of the armed forces.

The two leaders are scheduled to hold detailed bilateral and delegation-level talks to further strengthen strategic and economic ties between Islamabad and Astana. President Tokayev arrived in Pakistan on Tuesday, accompanied by a high-level delegation comprising senior cabinet members and top officials. Islamabad was decorated with Kazakhstan’s national flag in a gesture of hospitality, as shown in a video released by his office.

FM Dar welcomes Tokayev

Deputy Prime Minister and Foreign Minister Ishaq Dar also met President Tokayev, reaffirming Pakistan’s commitment to expanding cooperation in political, economic, and people-to-people domains. The Foreign Office said Dar highlighted the growing momentum of high-level exchanges and stressed the importance of regional peace and stability.

Push for stronger trade and connectivity

In a separate engagement, Federal Commerce Minister Jam Kamal Khan met Kazakhstan’s Minister of Trade and Integration Arman Shaqqaliev. Both sides agreed that enhanced rail, road, and multimodal connectivity is crucial for boosting bilateral trade and long-term economic collaboration. Kazakhstan emphasised its vision of becoming a regional transit hub linking Central Asia with South Asia, China, Europe, and Pakistan’s ports.

Pakistan, in turn, welcomed the idea, saying improved transit routes would create broader regional and global trade opportunities. The two sides also discussed cooperation in key sectors such as agriculture, pharmaceuticals, textiles, mining, energy, and infrastructure development. They agreed to develop a framework outlining trade targets, priority sectors, and a roadmap for business exchanges, trade missions, and exhibitions.

Nishan-i-Pakistan to be conferred

The President’s Secretariat announced that President Asif Ali Zardari will award the Nishan-i-Pakistant that is Pakistan’s highest civilian honour to the presidents of Kazakhstan and Uzbekistan, with the latter expected to visit later this month.

A strategic win-win visit

The Foreign Office described President Tokayev’s visit as a timely opportunity to comprehensively review bilateral relations and explore new avenues for cooperation in trade, logistics, connectivity, and multilateral forums. The visit is widely seen as mutually beneficial: Pakistan strengthens its role as a land bridge between Central and South Asia, while Kazakhstan diversifies its trade partnerships amid geopolitical uncertainties following the Russia-Ukraine conflict.

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