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Bitcoin Smashes $112,000 All-Time High Amid Tech Boom
Bitcoin, the world’s leading cryptocurrency, just shattered its all-time high, surging past $112,000 on Wednesday. This remarkable rally is fueled by a powerful combination of robust performance in tech stocks, particularly Nvidia’s historic $4 trillion market cap milestone, and a noticeable resurgence in investor appetite for risk. Experts highlight a significant shift in institutional investment strategies, with publicly traded companies now directly acquiring more Bitcoin than what flows into ETFs, signaling profound confidence in its enduring value. As “digital gold” continues to mirror the bullish trend of growth stocks, analysts predict further gains, potentially pushing Bitcoin beyond $120,000 in the coming week.
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Saudi Arabia Opens Property Market to Foreigners from January 2026
In a landmark move, Saudi Arabia is set to allow foreigners to own property starting January 2026, marking a pivotal step in its Vision 2030 economic diversification strategy. This transformative policy will enable expats, international investors, and foreign companies to acquire real estate in pre-approved zones, initially focusing on dynamic cities like Riyadh and Jeddah. This strategic opening, mirroring successful models in other Gulf nations, is poised to significantly boost the Kingdom’s real estate, construction, and financial sectors, creating unprecedented opportunities for global buyers and further cementing Saudi Arabia’s position as a burgeoning investment hub.
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Honda Atlas Cars Limited Raises Car Prices
Car buyers in Pakistan are facing steeper prices as Honda Atlas Cars Limited (HACL) has implemented significant increases on various models, effective July 1. This surge, ranging from Rs. 47,000 to a staggering Rs. 201,000, is primarily attributed to the new New Energy Vehicle (NEV) levy introduced by the government in the federal budget for FY26. While HACL has previously absorbed cost pressures from rupee devaluation and rising freight, the NEV levy is now being passed directly to consumers, impacting popular choices like the Honda City, BR-V, and Civic.
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CDA Triples Property Transfer Fees in Islamabad
Islamabad’s property landscape is shifting as the Capital Development Authority implements a substantial increase in property transfer fees, tripling them from 1% to 3%. Effective July 1, 2025, this new fee structure, based on FBR valuation rates, impacts all urban CDA sectors, though some relief is offered for family-related transfers. Discover what this means for your next property transaction in the capital.
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Pakistanis with UAE Golden Visas Under Scrutiny
Pakistani nationals holding UAE Golden Visas are now under intense scrutiny as a major crackdown targets undeclared real estate investments in Dubai and the UAE. Authorities are cross-referencing immigration data with tax filings to uncover undisclosed properties, rental incomes, and unpaid Capital Value Tax. This development highlights the challenges of tracing assets acquired through informal channels and raises critical questions for investors.
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Federal Government Hikes Petrol and Diesel Prices Again
Pakistani citizens are bracing for yet another economic squeeze as the federal government announces a significant surge in petroleum product prices, effective July 1. This latest adjustment sees petrol costing an additional Rs. 8.36 per litre and high-speed diesel Rs. 10.39 per litre, following recommendations driven by fluctuating international oil markets. This move comes on the heels of a previous hike just two weeks prior. Adding to the burden, the Oil and Gas Regulatory Authority (OGRA) has also notified a substantial increase in gas prices for domestic and various consumer categories, with some household tariffs rising by up to 50%. These continuous price revisions reflect global energy trends and local economic realities, placing considerable financial pressure on inflation-hit households across the nation.
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Faisal Jewel Clinches International Awards, Redefining Urban Excellence
Pakistan’s Real Estate Soars: Faisal Jewel Clinches International Awards, Redefining Urban Excellence Excerpt Faisal Jewel, a visionary high-rise project by Faisal Town, has elevated Pakistan’s standing on the global real estate stage by securing two prestigious International Property Awards 2025. This remarkable achievement recognizes the project’s exceptional design, groundbreaking innovation, and commitment to sustainable urban development, solidifying its status as a benchmark for modern high-rise living and a proud symbol of Pakistan’s evolving architectural prowess.
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CDA Announces Mega Commercial Plot Auction in Islamabad this July
Islamabad’s real estate landscape is set for a significant boost as the Capital Development Authority (CDA) unveils a three-day commercial plot auction from July 15-17, 2025. This highly anticipated event at the Jinnah Convention Centre offers a diverse portfolio of prime plots across key sectors, including the coveted Blue Area and various Markaz locations. With investor-friendly terms like flexible payment plans, attractive rebates, and streamlined approval processes, this auction presents an unparalleled opportunity for both local and overseas investors to secure high-potential commercial real estate in Pakistan’s capital city.
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Nearly 90% of Retail Payments Go Cashless in Q3 FY25
Pakistan is rapidly embracing a digital economy, with a staggering 89% of all retail transactions now processed through digital channels in the third quarter of FY25. This impressive shift, highlighted by the State Bank of Pakistan’s latest review, is largely fueled by the exponential growth of mobile banking, e-money, and branchless banking wallets. From everyday in-store purchases to booming e-commerce, digital payments are transforming how Pakistanis transact, promoting greater financial inclusion and efficiency across the nation.
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