Building a competitive artificial intelligence (AI) ecosystem will require Pakistan to invest in secure, resilient and high-capacity digital infrastructure supported by predictable policies and coordinated action across the public and private sectors, PTML Chief Technology and AI Officer (CTO), Awais Vohra, said here on Tuesday during the GSMA Digital Nation Pakistan Ministerial Roundtable. Spe
S&P Global Market Intelligence believes Pakistan’s monetary policy is likely to remain cautious despite an improving macroeconomic backdrop, as inflationary pressures and external risks continue to shape the country’s economic outlook. The State Bank of Pakistan’s Monetary Policy Committee has kept the policy rate unchanged at 11.5% in its July 2026 meeting. Commenting on this latest monetar
Prime Minister Shehbaz Sharif on Tuesday said Pakistan wanted to further strengthen economic cooperation with the US, particularly in trade, investment, agriculture, information technology, mines and minerals, and the energy sector. The prime minister made the remarks during a meeting with a visiting US Congressional delegation comprising Representatives Ryan Zinke and Michael Baumgartner, as I
Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its financial results for the half year ended June 30, 2026, at a Board of Directors meeting held in Islamabad. PTCL maintained strong growth momentum during the first half of 2026, supported by continued growth across its fixed, enterprise and mobile businesses, alongside t
Gold prices inched lower on Wednesday as the dollar held firm and market participants awaited the Federal Reserve’s policy decision for clues on inflation and the path of U.S. interest rates. Spot gold fell 0.1% to $4,021.87 per ounce by 0052 GMT. U.S. gold futures for August delivery lost 0.4% to $4,021.70. The Fed will conclude its two-day policy meeting on Wednesday and is expected to