A view of the Nepra building in Islamabad. — Nepra/FileKE failed to meet licence obligations.Restoration delayed after January 2023 breakdown.Fifteen days given to deposit Rs25m penalty.ISLAMABAD: The National Electric Power Regulatory Authority has imposed a fine of Rs25…
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Govt to introduce new banknotes with enhanced security features
Pakistani currency notes are displayed in this undated photo. — APP/FilePM Shehbaz chairs federal cabinet meeting in Islamabad.Cabinet forms committee to review new currency note designs.New banknotes of Rs100, Rs500, Rs1,000 and Rs5,000 to be issued.
KARACHI: The federal…
Pakistan seeks Saudi Arabia’s $5bn oil facility, $5bn deposit rollover for 10 years
Saudi Crown Prince Mohammed bin Salman greets Prime Minister Shehbaz Sharif in Riyadh, Saudi Arabia, September 17, 2025. — ReutersPakistan’s economic woes multiplying amid geopolitical tension.Islamabad asks Riyadh to enhance the facility of $1.2bn to $5bn.Pakistan also…
Saudi Arabia rolls over $3bn deposit support for Pakistan
This representational image shows a currency dealer counts US dollars at a shop in Karachi. — AFP/FileSaudi Fund for Development rolls over deposit for another year.Fresh extension aims to strengthen Pakistan’s foreign reserves.$3 billion deposit was initially placed with SBP in…