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Jet fuel price in Pakistan cut to Rs283.52 per litre by PSO notification May 30 2026 as government completes cumulative Rs283 reduction from Hormuz crisis peak

Jet Fuel Price Cut of Rs48 Raises Hopes for Lower Airfares

Nayab Fatima2026-05-30

Focus Pakistan AnalysisThe government has done its part twice in two days, and cumulatively Rs283 per litre since the crisis peak. The next move belongs to the airlines. Pakistani passengers, who absorbed fare increases within days of each fuel price hike, will watch closely to see whether reductions travel in the opposite direction with the ... Read more

Gold price in Pakistan rises Rs1300 per tola as displayed at Karachi Sarafa Market bullion dealer counter May 2026

Gold Price in Pakistan Climbs Rs1,300 Per Tola

Nayab Fatima2026-05-30

Focus Pakistan Market Read Pakistan’s bullion market does not move in isolation. Every tick in the rupee-dollar exchange rate, every statement from the Federal Reserve, every flare-up or ceasefire in a distant conflict — all of it lands in the Sarafa bazaar within hours. The Rs1,300 gain on Monday was global anxiety distilled into local ... Read more

The Pakistani rupee against US dollar closed at 278.51 in the interbank market, gaining Re0.01. Here is what global rate signals and Iran tensions mean for PKR.

Pakistani Rupee Settles at 278.51 as Dollar Softens Globally

Focus Pakistan2026-05-29

KARACHI: Pakistani rupee edged up slightly against the greenback in the interbank segment on Monday to close at 278.51. The local currency witnessed an increase of only Re0.01 from Friday’s closing rate of 278.52, according to the official data of State Bank of Pakistan (SBP). This was achieved via a declaration issued officially at the ... Read more

Pakistan petrol pump showing new Petrol price of Rs381.78 per litre after government reduction

Pakistan Slashes Petrol and Diesel Prices by Rs22 — But Is It Enough?

Focus Pakistan2026-05-29

ISLAMABAD: The Federal Government of Pakistan has decided to decrease the prices of both petrol and diesel by Rs22 per litre during their celebrations on the third day of the Eid festival, thereby relieving the financial pressures of millions of people suffering from soaring inflation rates in the country. Currently, the price of one liter ... Read more

JS Bank TRG Pakistan regulatory disclosure filed with PSX on May 29, 2026, confirming JS Bank acquired 81.36 million

JS Bank Quietly Seizes 81 Million TRG Pakistan Shares

Focus Pakistan2026-05-29

JS Bank did not invest in TRG Pakistan; it forced its entry. On May 21, 2026, JS Bank bought out another 14.92% of share capital of TRG Pakistan Limited, by enforcing security of the shares pledged against loans, which takes the JS Group shareholding in the firm operating in technology and BPO sectors to 29.33%. ... Read more

Gold prices in Pakistan drops Rs2,400 per tola to Rs475,362 as international gold declines $24 to $4,530 per ounce

Gold Price in Pakistan Falls as Global Gold Drops $24 to $4,530 Per Ounce

Focus Pakistan2026-05-26

KARACHI: The price of gold witnessed a fall in Pakistan on Tuesday when the All Pakistan Gems and Jewellery Association informed of Rs2,400 fall in the price of one tola in the country. This is a result of the fall in gold price in international gold markets by $24, falling from $4,554 to $4,530 per ... Read more

BankIslami FOCUS System Launches to Automate Credit Underwriting

BankIslami Launches FOCUS Finance and Credit Underwriting System

Focus Pakistan2026-05-26

KARACHI: On Monday, BankIslami marked an important development in the technological advancement of Islamic banking in Pakistan with the introduction of the Finance Origination and Credit Underwriting System, or FOCUS, which is an entirely indigenous system that was developed by the bank itself. The BankIslami FOCUS system utilizes AI-based automation technology in automating and streamlining ... Read more

Pakistan petroleum levy collection surpasses IMF loan programs in two years

Govt Collected More Through Petroleum Levy in Two Years Than IMF Loan Programs Combined

Focus Pakistan2026-05-25

ISLAMABAD: The federal govt has reportedly amassed an unprecedented amount of more than 2,700 billion rupees from Pakistanis through the petroleum levy within only two years. As per documents available from April 2024 to March 2026, the total amount gathered by the government is precisely 2,725 billion rupees. Strikingly, this single tax stream outpaced the ... Read more

World Bank emergency funding sought by developing countries after Iran war fallout

Iran War Fallout Forces 27 Countries to Seek Emergency Cash From World Bank

Focus Pakistan2026-05-24

WASHINGTON: 27 countries have sought emergency funds from the World Bank following the Iran war, which resulted in shock waves in energy supplies across the globe, as revealed in a confidential bank report obtained by Reuters. The unnamed countries have not been indicated in the bank paper, nor is there any specified fund amount. The ... Read more

Pakistan strategic oil reserves project at Gwadar Energy City aims to strengthen crude oil storage and LNG supply security

Pakistan Invites Gulf Oil Giants to Build Strategic Crude Reserves in Gwadar

Focus Pakistan2026-05-23

ISLAMABAD: Pakistan has begun lobbying Gulf oil producers in exchange for a mutually beneficial arrangement: keep your stockpile at Gwadar, and in case of war or any emergency, Pakistan gets first right to use it. Kuwait has already moved to the front of the queue, with Islamabad confirming the Gulf state has expressed concrete interest ... Read more