Deputy Prime Minister and Foreign Minister Ishaq Dar stressed the significance of GSP+ status for Pakistan’s trade relations with the European Union (EU) in a meeting with EU High Representative for Foreign Affairs and Security Policy Kaja Kallas on Monday. According to a statement issued by the Foreign Office, the meeting took place on the sidelines of the 81st session of the United Nations Ge
Power generation in Pakistan reached 14,943 GWh in August 2026, up 5.1% YoY from August 2025. Back in August 2025, power generation stood at 14,218 GWh. “While still below the 16,176 GWh peak recorded in Aug’21, the rebound is encouraging for power-sector activity and broader economic growth,” said Arif Habib Limited (AHL) in a note on Monday. On a monthly basis, power generation
Gold prices in Pakistan decreased on Monday in line with their loss in the international market. In the local market, gold price per tola reached Rs457,536 after a decline of Rs2,700 during the day. Similarly, 10-gram gold was sold at Rs392,263 after it fell by Rs2,315, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Saturday, gold price per t
Pakistan has negotiated with Iran to secure safe passage through the Strait of Hormuz for another liquefied natural gas (LNG) shipment, providing some relief to the country as it faces a growing energy crunch, Bloomberg reported on Monday. According to the report, the LNG tanker, which loaded its cargo from Qatar’s Ras Laffan facility in late June, crossed the Strait of Hormuz over the weekend
The Government of Pakistan and the European Union (EU) on Monday signed three grant agreements worth a total of €65 million to launch three programmes, i.e. the ‘Global Gateway development facilitation for Pakistan’, ‘Energy and Natural Environment Resilience in Khyber Pakhtunkhwa’ and ‘EU Support to the Rule of Law and Business Environment in Pakistan.’ According to details, this cooperation p