Menu

Investing

UBL & Meezan Bank Power Massive Rs133bn Islamic Financing Landmark
In a record-breaking move for Pakistan’s financial landscape, United Bank Limited (UBL) and Meezan Bank have spearheaded a Rs133 billion syndicated Islamic financing facility, the largest of its kind in the country’s private sector. This landmark deal facilitated the Engro Group’s acquisition of Deodar (Private) Limited from Pakistan Mobile Communications Limited (Jazz), a strategic transition that consolidates over 10,617 cellular towers and establishes Deodar as Pakistan's premier independent tower company. By providing essential Shariah-compliant capital for both the acquisition and ongoing operational needs, this transaction underscores the banking sector's capacity to support massive infrastructure projects that serve as the backbone for Pakistan's long-term economic and digital growth.
Read more
Four Major Tourism Landmarks Announced for Gwadar Smart Port City
The Gwadar Development Authority (GDA) has launched four major tourism projects under the Gwadar Smart Port City Master Plan to transform the city into a premier regional destination. Executed through public-private partnerships, the initiatives include an Amusement Theme Park, Water Sports facilities, a Food Street, and a GDA Club Complex, with the scenic West Bay designated as the primary recreational hub. To attract investment, the GDA is offering a fast-track single-window approval system and long-term land arrangements. These projects are designed to catalyze the local economy, create jobs, and establish a sustainable tourism ecosystem that highlights Gwadar’s unique marine resources and cultural heritage.
Read more
RDA Unveils PKR 17 Billion Revitalization Plan for Murree Road
The Rawalpindi Development Authority (RDA) has proposed a PKR 17 billion expansion of Murree Road, specifically targeting the congested stretch between Liaquat Bagh and Chandni Chowk. The project aims to widen the road to 20 feet on both sides and introduce dedicated service lanes and parking plazas to streamline traffic. A key feature of the plan is the creation of a signal-free corridor from Marrir Chowk to Faizabad, which is expected to drastically reduce travel time. While land surveys are already underway, the project currently awaits final approval and funding from the Punjab government to begin construction.
Read more
State Bank Reserves Climb to $15.91 Billion
Pakistan's State Bank of Pakistan (SBP) reserves rose by $13 million to $15.915 billion as of December 26, 2025, contributing to total liquid reserves of $21.012 billion despite a slight drop in commercial banks' holdings. This provides about 3.2 months of import cover amid ongoing debt pressures. The improvement marks a strong recovery from 2023 lows below $3 billion, aided by IMF support and bilateral aid, while domestic gold prices fell Rs2,400 per tola to Rs454,562.
Read more