State Bank Devises Framework for Online Account Opening

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The State Bank of Pakistan (SBP) has devised a comprehensive customer digital onboarding framework, which will facilitate banks to conveniently and remotely open bank accounts…

Prime Minister to Launch Islamabad’s Digital Cadastral Map

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The Prime Minister launched the first digital cadastral map of Islamabad to prevent the disruption of land records, and provide information on land ownership on…

NADRA Launches Contactless Biometric System

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The National Database & Registration Authority (NADRA) has launched a contactless biometric verification service for the banking and payments industry. The launch of this service…

FBR Revamps Reporting Requirements for Real Estate Agents

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To facilitate the 22,000 registered Designated Non-Financial Business and Professions (DNFBPs) in the real estate sector, the Federal Board of Revenue (FBR) has defined the…

UAE Firm to Invest $30 Million in Pakistan’s Real Estate Sector

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The United Arab Emirates (UAE) based real estate company has announced to invest $30 million in Lahore’s real estate by developing a world-class scheme that…

State Bank to Launch Roshan Apna Ghar Scheme

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To facilitate overseas Pakistanis for the purchase of residential and commercial property in Pakistan, the State Bank of Pakistan has announced the launch of the…

NADRA launches online verification system

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To make the verification system of Computerized National Identity Cards (CNICs) more transparent, the National Database & Registration Authority (NADRA) has launched an online system…

Graana.com Launches First Bachelors Program in Collaboration with UCP

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Recently, Graana.com in collaboration with the University Of Central Punjab has launched Pakistan’s first Bachelor's degree in Real Estate Management. This is a four-year formal educational degree that aims…

Pakistan’s Exports to US

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There has been a record increase in Pakistan’s exports to the United States during the fiscal year 2021. According to Abdul Razak Dawood, adviser to…

Digital Policy for Newspapers

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To meet the long-held demands of the Council of Pakistan Newspaper Editors (CPNE), the federal government has approved the digital policy for newspaper websites. The…

National Cyber Security Policy

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Recently, the federal cabinet has approved the National Cyber Security Policy, 2021, allowing the establishment of a national cybersecurity response framework under the Cyber Governance…

Improved Business Environment

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According to a report published by the China Belt and Road Think Tank Cooperation Alliance and Beijing International Studies University, Pakistan ranks among the top…

Pakistan and Germany Sign the Renewable Energy and Energy Efficiency-II Project

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Pakistan and Germany share commendable bilateral ties as the two countries have embarked upon different projects that aim to create sustainable development in the country.…

Pakistan Rejects WTO’s Global Deal on Fishing

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Recently, Pakistan has rejected the draft agreement presented by World Trade Organization (WTO) to prevent overfishing. Pakistan describes the deal as regressive and unaccommodating of…

FBR Tax Recovery Scheme

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In a bid to bring residential real estate societies into the tax bracket, the Federal Board of Revenue (FBR) has issued a directive under Circular,…

Pakistan’s Mineral City

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Almost 99 different gem reserves are found in Pakistan. This makes the country the 8th largest producer of precious gemstones. However, a lack of regulation…

Pakistan Among Top 15 Countries in Cryptocurrency Adoption

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Cryptocurrency is growing on an exceptional scale with 2021 being an important year for the development of this currency. A Global Crypto Adoption Index has…

Government Exemptions for Electric Vehicles

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In a bid to incentivize electric vehicle usage in Pakistan, the federal government notified the concerned ministries and departments to exempt electric vehicles from the…

CDA to Launch New Infrastructure Projects

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The Capital Development Authority - CDA, Islamabad, is planning to construct two new interchange projects along with the construction of a flyover at Sihala in the…

Pakistan’s Remittances Cross US $1.5 Billion under Roshan Digital Accounts

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Recently, Pakistan’s remittances under the Roshan Digital Accounts crossed the $1.5 billion benchmark, with investment in Naya Pakistan certificates surpassing $1 billion. The Prime Minister…

Pakistan to Remain on FATF Grey List

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According to the announcement made by the FATF on Friday, Pakistan will remain on the FATF grey list despite showing significant progress on the majority…

International Day Against Drug Abuse and Illicit Trafficking

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The International Day against Drug Abuse and Illicit Trafficking is a United Nations international day dedicated to the cause of eliminating abuse of drugs and…

RDA Finalises Budget of Rs 2.3 Million for Development Work

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The Rawalpindi Development Authority (RDA) is the main municipal authority that deals with the urban development work in the Rawalpindi district. With the announcement of the federal…

Demand to Create Uniform Land Acquisition Policies

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Land acquisition policies in Pakistan are fragmented which is a cause of concern for local governing authorities and civilians. Many landowners have been affected by…

Rawal Dam Chowk Project

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In a bid to expedite work on the Rawal Dam Chowk project, Chairman Capital Development Authority - CDA, Islamabad visited the site and reviewed the progress of…

PIA Restarts Air Safari Flights

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In a bid to promote tourism in Pakistan, the national air carrier resumed its Air safari flight from Islamabad towards the northern areas of the…

State Bank to Initiate Collateral Free Loan Program

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In a bid to promote small and medium-sized enterprises and home-based businesses, the State Bank of Pakistan initiated a loan program that exempted any collateral…

Evictions in Karachi Orangi Town Area

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Mass eviction of slum inhabitants in Karachi’s Orangi and Gujjar area has left thousands of people without a roof. The Sindh High court, in a…

Pakistan Largely Compliant on FATF Regulations

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The International Cooperation Review Group (ICRG) is a part of the Financial Action Task Force (FATF) which is responsible for reviewing Pakistan’s progress on the…

Board of Investors (BOI) launches Initiatives

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Foreign and local investors demand ease in the registration of businesses in order to invest in any given business. Keeping this in mind, the Board of…

Construction Amnesty Scheme

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The Government of Pakistan has sought a six-month extension in the construction amnesty scheme, from the International Monetary Fund (IMF). The construction amnesty scheme was…

NCOC Imposes Travel Ban

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In a bid to reduce the infection rate in the country, the National Command and Operation Center (NCOC) has placed high-level restrictions on travelers coming…

Rashakai Special Economic Zone

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Imran Khan will announce the launch of the Rashakai Economic Zone in Pakistan today. Special Economic Zones (SEZs) are an integral part of the China-Pakistan…