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Pakistan Remittance Growth Surges Past Ten Billion Dollars Signal Economic Stability Rise​Updates | October 12, 2026 | I...
12/10/2026

Pakistan Remittance Growth Surges Past Ten Billion Dollars Signal Economic Stability Rise
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Updates | October 12, 2026 | Islamabad, Pakistan — The State Bank of Pakistan (SBP) confirms overseas remittances reached $10.9 billion during the first quarter of FY27, reflecting a robust 14.7% increase compared to the same period last year. Monthly inflows for September alone hit $3.6 billion, maintaining strong momentum.

​This continuous inflow provides essential balance of payments stability, relieving immediate pressure on foreign exchange reserves and currency valuation. Saudi Arabia and the UAE remain primary corridors, while growth in UK and US transfers demonstrates expanding financial connectivity across global Pakistani diaspora networks.

​Moving forward, structural policy reforms must focus on shifting worker emigration toward higher-skilled roles to sustain long-term remittance channels. Converting these record capital inflows into productive domestic investments remains crucial for sustaining national economic recovery over coming quarters.

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Libya Signals Willingness To Increase Crude Supplies To Pakistan​Updates | October 12, 2026 | Islamabad, ​Pakistan's ene...
12/10/2026

Libya Signals Willingness To Increase Crude Supplies To Pakistan

​Updates | October 12, 2026 | Islamabad, ​Pakistan's energy landscape hits a huge turning point as domestic refineries move to tap Libyan crude oil. This bold initiative aims to bypass traditional maritime risks in the Middle East and safeguard the national economy.

​This energy push brings incredible stability for local refineries facing supply bottleneck risks. Moreover, a Turkish seismic survey vessel arrives next month to kickstart offshore exploration in the Indus Basin.

​Pakistan is securing its fuel future while positioning refineries for long-term operational resilience.

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Pakistan Targets B+ Credit Rating And US Exim Bank Investment in Refineries​Breaking! Islamabad, Pakistan, October 12, 2...
12/10/2026

Pakistan Targets B+ Credit Rating And US Exim Bank Investment in Refineries
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Breaking! Islamabad, Pakistan, October 12, 2026, Finance Minister Muhammad Aurangzeb announced that Pakistan is aiming for a B+ credit rating by next fiscal year, following three rating upgrades achieved over the past year. The positive shift reflects ongoing economic stabilization and fiscal recovery efforts across the country.

​Speaking to Bloomberg, Aurangzeb noted plans to tap into international debt markets while advancing key domestic industrial policies. Modernization efforts in the refinery sector are drawing keen attention from foreign partners, including the US EXIM Bank, alongside upcoming automobile policy approvals.

​These developing policy measures and international partnerships are designed to accelerate economic growth and build resilience. Authorities remain focused on implementing sustainable reforms to boost global investor trust and maintain macroeconomic stability.

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Breaking! Pakistan Refinery Limited (PRL) Chairman and Independent Director Tariq Kirmani has officially stepped down fr...
12/10/2026

Breaking! Pakistan Refinery Limited (PRL) Chairman and Independent Director Tariq Kirmani has officially stepped down from his position on health grounds, effective October 9, 2026. The formal announcement was submitted to the Pakistan Stock Exchange by the company administration.

Kirmani brought decades of extensive corporate leadership experience from major state-owned and multinational energy sector organizations to the refinery board since his initial appointment in October 2023.

​His departure comes at a crucial time as PRL actively pursues major expansion initiatives. Stakeholders and industry experts are closely monitoring how this leadership transition will influence ongoing corporate strategy and developmental milestones.

​Who should replace him as new chairman?

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UPDATES | October 12, 2026 — Washington, U.S. ​Global oil markets are seeing temporary price relief. U.S. West Texas Int...
12/10/2026

UPDATES | October 12, 2026 — Washington, U.S. ​Global oil markets are seeing temporary price relief. U.S. West Texas Intermediate (WTI) crude has fallen below $89.90 a barrel, while Brent crude hovers near $103.87 per barrel following recent sharp surges.

​A major factor behind this market shift is U.S. President Donald Trump’s announcement that Russia will export over 300,000 tonnes of diesel to global markets. This agreement aims to ease severe global fuel shortages.

​Despite this sudden supply injection, market volatility remains high due to persistent Middle East supply risks and maritime transit disruptions along key global shipping routes.

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11/10/2026

October 2026, Islamabad,FM Aurangzeb while adressing told that Pakistan's poultry sector demonstrates steady growth with annual average growth rates around 8.1% over the last decade. The industry significantly contributes to local food supply, producing approximately 2.5 billion kilograms of meat and 28 billion eggs.

​Despite producing strong domestic numbers, actual export shares remain relatively small, hovering between 2 to 4 million dollars out of a total 530 million dollar meat export market. Global poultry demand sits around 45 billion dollars, highlighting a massive untapped opportunity for Pakistani producers in international markets.

​At the Pakistan Stock Exchange (PSX), food and allied equities like Big Bird Foods Limited (BBFL), Barkat Frisian Agro Limited (BFAGRO), The Organic Meat Company Limited (TOMCL), and Fauji Foods Limited (FFL) react directly to these shifting trade dynamics. Improved cold chain logistics and disease management strengthen corporate earnings, driving higher valuations across all listed agricultural counters. With livestock making up 63% of agricultural GDP growth, broader sector expansion is well-supported.
Source! Ministry of Finance Pakistan

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Imposed! Prime Minister Shehbaz Sharif Advises President Asif Ali Zardari On Khyber Pakhtunkhwa Emergency​Breaking — Oct...
11/10/2026

Imposed! Prime Minister Shehbaz Sharif Advises President Asif Ali Zardari On Khyber Pakhtunkhwa Emergency
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Breaking — October 11, 2026 | Islamabad, Pakistan! ​Prime Minister Shehbaz Sharif has advised President Asif Ali Zardari to evaluate imposing a constitutional emergency in Khyber Pakhtunkhwa under Articles 232 and 234. President approved the imposition of emergency and Governor Rule across K.P.K. The move follows a crucial federal cabinet briefing regarding security challenges and rising anti-state threats across the province.

​Articles 232 and 234 provide legal frameworks for federal intervention when provincial stability or constitutional machinery is impacted. Federal authorities emphasize that ensuring law enforcement coordination and restoring public peace remain top priorities during this critical phase.

​As discussions continue between federal and provincial leadership, citizens are closely monitoring how this move affects regional governance, security operations, and overall stability.

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11/10/2026

Houthis Attack King Khalid Airport In Riyadh Leaving Twelve Dead And Hundreds Injured
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Updates: Saudi Arabia, October 11, 2026. A dramatic escalation has unfolded in the Middle East following a major attack on King Khalid International Airport in Riyadh, resulting in 12 fatalities and over 300 injuries, according to Saudi civil aviation authorities.

​The strike targeted civilian passenger terminals, causing significant structural damage and immediate flight disruptions. International leaders, including officials from the United Nations and the United States, have strongly condemned the strike as a severe threat to regional stability.

​The attack marks one of the heaviest direct hits on Saudi infrastructure in recent years, raising critical security concerns across global aviation networks. Emergency teams remain active on site to manage critical care for the wounded.

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Scrapping Petroleum Stabilization Fund Protects Local Oil Refineries And OMCs From Severe Liquidity Crises​JUST IN | Oct...
09/10/2026

Scrapping Petroleum Stabilization Fund Protects Local Oil Refineries And OMCs From Severe Liquidity Crises
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JUST IN | October 09, 2026 | Islamabad, Pakistan
​Pakistani policy advisors have formally advised against creating a government-managed Petroleum Price Stabilization Fund, choosing instead to safeguard the financial health of domestic refineries and Oil Marketing Companies (OMCs). While buffer funds are designed to absorb global shocks, state pricing interventions historically create artificial price cuts, imposing heavy inventory losses on the downstream sector and threatening company viability.

​Past state-controlled pricing mechanisms have routinely led to cash flow traps and structural delays in passing international price shifts down to retail markets. Forcing companies to absorb price distortions exacerbates circular debt across the energy supply chain, undermining the commercial standing of refiners and restricting working capital essential for importing and distributing fuel nationwide.

​By rejecting artificial stabilization mechanisms, the government maintains a predictable market-reflective system aligned with the planned June 2027 fuel price deregulation. Preserving free-market dynamics provides the regulatory stability necessary to support ongoing multi-billion-dollar refinery upgrades, while authorities pivot toward building strategic oil reserves and direct cash subsidies for consumers.

Should fuel pricing remain deregulated for company growth?

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Breaking — October 8, 2026 | Source! Reuters! Washington, United States: President Donald Trump said the U.S. is having ...
08/10/2026

Breaking — October 8, 2026 | Source! Reuters! Washington, United States: President Donald Trump said the U.S. is having “productive discussions” with Iran and will not attack Iran before the November 3 midterm elections. The statement raised hopes of possible de-escalation.

Global oil remained elevated but showed some easing after the diplomatic signal. The figures in the provided market snapshot show WTI at $91.09, up 3.18%, while Brent stood at $103.85, up 3.64%. Reuters reported Brent and WTI had climbed sharply amid Middle East supply concerns.

The market remains highly sensitive to developments around Iran and the Strait of Hormuz. Any credible progress toward de-escalation could reduce the geopolitical risk premium, while renewed tensions could push prices higher.

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