24.9 C
Islamabad
Thursday, February 26, 2026
HomeBusiness

Business

Pakistan ships first rare earth minerals to US under $500m export deal

Pakistan has completed its first export of rare earth elements to the United States under a $500 million agreement, marking a major step in developing the country’s critical minerals sector.

Pakistan opens Islamabad, Lahore, Karachi airports to open bidding

Pakistan has shifted outsourcing of its three major airports to an open bidding process, inviting local and foreign investors as part of a broader aviation privatization drive.

China seals $1.5bn deals, signs $9bn MoUs with Pakistan

China has finalised $1.5 billion in joint ventures and signed $9 billion in MoUs with Pakistan across key sectors, with more investment expected soon.

Pakistan, Uzbekistan set $2bn trade target to link South and Central Asia

Pakistan and Uzbekistan have agreed to raise bilateral trade to $2 billion, as both sides push deeper cooperation in transport, logistics and regional connectivity.

Pakistan maritime sector posts Rs100bn profit in 2025 after sweeping reforms

Pakistan’s maritime sector recorded a historic Rs100 billion profit in 2025 as port efficiency reforms, cost reductions and new policies boosted cargo volumes and operational performance.

Pakistan, Etisalat discuss investment and PTCL stake

Pakistan’s deputy prime minister met Etisalat’s chairman to discuss investment opportunities, including the UAE group’s stake in Pakistan’s national telecom company, officials said.

Pakistan rejects UAE airport deal cancellation claims

Pakistan rejects reports of canceling a UAE airport deal, saying no lease was signed, while confirming Islamabad International Airport has joined the active privatization roadmap.

Pakistan, Kazakhstan advance $7bn rail link ahead of Feb 3 presidential visit

Pakistan and Kazakhstan are moving forward on a proposed $7bn rail corridor linking Central Asia with Pakistani ports to boost regional trade and connectivity.

Kuwait-backed Raqqami digital bank to invest $100m in Pakistan

Kuwait-backed Raqqami Islamic Digital Bank is set to launch operations in Pakistan with a $100 million investment, marking a new Gulf-backed entry into the country’s digital banking sector.

Pakistan, Russia plan 2027 launch for Pakistan Steel Mills reconstruction

Pakistan and Russia are working towards starting construction on the Pakistan Steel Mills revival project in 2027, following technical assessments and preparation of an EPC framework, officials told a parliamentary body.

Pakistan, Canada boost mining ties as Reko Diq nears 2026

Pakistan and Canada are expanding mining cooperation as the $1.25 billion Reko Diq copper-gold project moves closer to construction, with further international investment expected.

Pakistan gains investor confidence as 73% of foreign firms recommend investment

An OICCI survey of multinational firms shows rising confidence in Pakistan, with 73% of overseas investors recommending the country for direct investment.