A representational image shows a calculator placed beside a white paper with Zakat written on it, alongside a rosary. — CanvaKARACHI: Ahead of Ramadan 2026, the government has announced the Zakat Nisab, setting it at Rs503,529.As per the notification issued by the Ministry…
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IMF hails PIA privatisation as ‘milestone’ in Pakistan’s reform drive

The representational image shows a PIA plane taking off. — PIA/FileIMF says privatisation meets key $7bn EFF commitment.Arif Habib-led consortium buys 75% stake for Rs135bn.SOE losses hit Rs122.9bn in FY2024-25, cabinet data shows.
KARACHI: The International Monetary Fund has…
UAE central bank revokes Omda Exchange license, imposes AED10m fine

A man enters the main branch of UAE Central Bank in Abu Dhabi, UAE. — Reuters/File
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Petrol, diesel prices likely to increase in Pakistan from March 1

Employees at a fuel station attend to their customers in Islamabad on February 16, 2022. — AFP/FileKerosene likely to rise by Rs6.88 per litre.Petrol stands at Rs258.17/litre in Pakistan.Oil prices rose about 3% in global market.
Petroleum prices in Pakistan are expected to…




