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Payoneer Q1 2026 results revenue $262 million B2B volume 44 percent transaction $23 billion global digital payments growth Pakistan freelancers

Payoneer Posts $262 Million Revenue in Q1 2026 as B2B Volume Jumps 44%

Focus Pakistan2026-05-14

KARACHI: Q1 2026 Payoneer earnings revealed what the company’s bulls have known all along – that the need for smooth cross-border payment systems is rising steadily, and Payoneer stands right at the epicenter of this trend. The fintech firm, listed on the Nasdaq stock exchange, posted robust numbers on every financial front for the period ... Read more

Engro terminals industry event in Karachi highlighting Pakistan energy security and maritime trade operations

Engro Terminals Highlight Critical Role in Pakistan’s Energy Security, Trade and Industrial Growth

Nayab Fatima2026-05-13

KARACHI: The Engro terminals have cemented their relevance in Pakistan’s energy security, industrial development, and maritime trade environment as the top-ranking governmental and corporate officials participated in an event organized by two of Engro’s companies: Engro Vopak Terminal Limited (EVTL) and Engro Elengy Terminal Limited (EETL). This well-attended event provided a platform for prominent people ... Read more

Pakistan tax target 2026 discussed during IMF-backed budget talks as government plans major new tax measures.

Pakistanis Brace for Massive Rs2 Trillion Tax Storm in IMF-Backed Budget

Focus Pakistan2026-05-13

Pakistan tax target 2026 could cross Rs15.3 trillion as the government and the IMF discuss major new taxes and aggressive revenue measures in the upcoming federal budget. ISLAMABAD: The government of Pakistan is formulating a harsh financial strategy that targets another PKR 2,000 billion in taxation from an economically beleaguered populace suffering due to the ... Read more

Treet Battery NeoPower launch showcasing advanced lithium-ion energy storage batteries for Pakistan’s growing solar and clean energy market.

Treet Battery Shakes Up Pakistan’s Energy Market With NeoPower Launch

Focus Pakistan2026-05-13

Treet Battery NeoPower launch officially pushed the company into Pakistan’s fast-growing lithium-ion energy storage market LAHORE: Treet Battery Limited made a significant move on Wednesday. The company formally launched its lithium-ion battery product line under the brand name Lithion NeoPower. The announcement reached the Pakistan Stock Exchange through a material information filing the clearest signal ... Read more

Textile industry in Pakistan budget meeting Finance Minister Aurangzeb exporters chambers Islamabad FY26

Pakistan’s Textile Sector Urges Aurangzeb for Big FY26 Budget Support

Focus Pakistan2026-05-13

ISLAMABAD: The textile sector of Pakistan has decided to make its move and sent its delegation to the finance minister, Muhammad Aurangzeb, in Islamabad on Tuesday, with budget suggestions for the upcoming financial year. The budget discussion has reached its critical stage, and the Pakistani textile industry realizes that any proposal that gets placed on ... Read more

Pakistan remittances FY26 hit record $34 billion driven by overseas Pakistanis in Saudi Arabia and UAE

Economy Gets Massive Lifeline as Overseas Pakistanis Send Record $34 Billion in Remittances

Focus Pakistan2026-05-12

ISLAMABAD: Pakistan remittances FY26 surged to a record $33.9 billion during the first ten months of the fiscal year, giving the country a major economic boost amid persistent external financing pressures. According to the State Bank of Pakistan, overseas Pakistanis sent home $2.7 billion more compared to the same period last year.. The single month ... Read more

Iranian smuggled petrol price rises Rs210 per litre Balochistan Gwadar border Kuntani Hor supply disruption 2026

Smuggled Iranian Petrol Crosses Rs210 in Balochistan, No Relief in Sight

Focus Pakistan2026-05-12

QUETTA: The price of Iranian fuel oil, which enters the province through informal channels, has increased suddenly in the region of Baluchistan, particularly along the borders and coastlines. This will have an effect on the economic resources of individuals living in these regions since they rely heavily on smuggling oil from other countries. According to ... Read more

Gwadar Port cargo ship MV Yuan Hong Wei 54000 tons Abu Dhabi Kuwait berthing fees reduced transshipment 2026

Govt Cuts Gwadar Port Charges by Up to 40% to Lure Gulf-Bound Mega Ships

Focus Pakistan2026-05-12

GWADAR: The cargo-related activities at Gwadar Port witnessed some significant movements this week as another vessel carrying goods that would be delivered to Abu Dhabi and Kuwait arrived safely at the port. This arrival of the vessel is very crucial in the development of Gwadar as a functional and economic trading center. According to the ... Read more

Pakistan EPZ double taxation steel sector customs duty raw materials finished products NSCL Jam Kamal Khan reform 2026

EPZ Double Taxation Is Quietly Destroying the Steel Sector of Pakistan

Focus Pakistan2026-05-11

ISLAMABAD: The steel and engineering sectors in Pakistan have one critical disadvantage that lies at the very core of the Export Processing Zone regime in the country. The double taxation system under Pakistan EPZ makes the manufactures pay custom duties two times for the industrial inputs: first when these inputs come to Pakistan and then ... Read more

Reko Diq project Pakistan Barrick Gold meeting Islamabad Ali Pervaiz Malik John Thornton copper gold mining Balochistan 2026

Reko Diq Project Back in Focus, Pakistan and Barrick Gold Warn Delays Could Cost Billions in Lost Opportunity

Focus Pakistan2026-05-11

ISLAMABAD: The Reko Diq project has resurfaced in Pakistan’s policy deliberations at the topmost level. Ali The Federal Minister for Petroleum of Pakistan, Pervaiz Malik, held discussions in Islamabad with the chairman of Barrick Gold Corporation, Mr. John L. Thornton, regarding the present situation of the biggest undiscovered reserve of copper and gold globally, and ... Read more