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Pakistan National Shipping Corporation Fleet Expansion Strengthens Maritime Capacity
Breaking News, Pakistan

Pakistan National Shipping Corporation Fleet Expansion Strengthens Maritime Capacity

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Pakistan National Shipping Corporation fleet expansion has taken a significant step forward with the addition of a modern Aframax oil tanker, M.T Karachi, reinforcing the country’s strategic maritime and energy transportation capabilities. The development was disclosed through an official filing to the Pakistan Stock Exchange (PSX) on Tuesday, signaling PNSC’s continued focus on fleet modernization and long-term growth. Read More: https://theboardroompk.com/pakistan-defence-exports-potentially-hit-13bn-mark/ The newly inducted vessel operates under Karachi Shipping (Private) Limited, a subsidiary structure aligned with PNSC’s expansion strategy. With a deadweight tonnage (DWT) of 109,990 tonnes, the tanker enhances the national carrier’s ability to transport crude oil and petroleum products efficiently across regional and international routes. Pakistan National Shipping Corporation Fleet Expansion: Key Highlights The addition of M.T Karachi marks a notable milestone for Pakistan’s only national flag carrier in the shipping sector. Aframax tankers are widely used in global oil transportation due to their optimal size, fuel efficiency, and ability to access a wide range of ports. In simple terms, the vessel’s capacity allows it to carry nearly 110,000 metric tonnes of cargo, making it suitable for medium-haul crude oil routes and energy supply chains. This acquisition strengthens Pakistan National Shipping Corporation’s operational resilience at a time when global shipping markets remain volatile and energy security is a top national priority. Strategic Importance of PNSC Fleet Expansion Pakistan National Shipping Corporation fleet expansion is closely aligned with Pakistan’s broader economic and energy objectives. By expanding its tanker fleet, PNSC reduces the country’s reliance on foreign-chartered vessels, which often expose importers to fluctuating freight rates and foreign exchange pressures. Industry analysts note that owning and operating modern tankers can significantly lower transportation costs for crude oil imports while improving foreign exchange savings. Additionally, an expanded fleet supports consistent revenue generation for PNSC through long-term charter contracts and spot market opportunities. Pakistan National Shipping Corporation and Energy Security The maritime transport of oil and petroleum products remains a backbone of Pakistan’s energy supply chain. The induction of M.T Karachi enhances PNSC’s role as a strategic national asset capable of supporting uninterrupted fuel imports during global supply disruptions. From a business perspective, the vessel also improves operational flexibility, allowing PNSC to serve both domestic and international clients. This strengthens the corporation’s competitive positioning in the regional shipping market while supporting Pakistan’s trade logistics ecosystem. Outlook for Pakistan National Shipping Corporation Fleet Expansion Looking ahead, Pakistan National Shipping Corporation fleet expansion is expected to remain a key focus area as the company pursues modernization and profitability. Market observers anticipate further additions to the fleet, particularly in energy and bulk cargo segments, to capitalize on rising regional trade and energy demand. The induction of M.T Karachi reflects a clear strategic intent: building a stronger, more self-reliant national shipping fleet capable of supporting economic stability, trade growth, and energy security.

Despite Weekly Dip, Pakistan's Physical Currency in Circulation Stands around Rs11 Trillion
Pakistan

Despite Weekly Dip, Pakistan’s Physical Currency in Circulation Stands around Rs11 Trillion

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Currency in circulation stood at PKR 10,917 billion as of January 2, 2026, reflecting a minor weekly decline of PKR 27 billion from PKR 10,944 billion in the previous week. This small contraction contributed to a Currency in Circulation (CIC) share of 26.2% in Broad Money (M2), down 0.3 percentage points week-on-week from 26.5%. Despite the dip, CIC recorded a strong year-to-date (FYTD) increase of PKR 283 billion and a year-on-year (Y/Y) surge of PKR 1,801 billion, underscoring sustained cash demand in the economy amid ongoing recovery efforts. Read More: https://theboardroompk.com/info-ministry-rejects-disinformation-alleging-pakistan-bases-for-us-iran-attack/ Broad Money Growth Accelerates Overall Broad Money (M2) rose by PKR 346 billion week-on-week to PKR 41,626 billion, building on a FYTD expansion of PKR 838 billion and a robust Y/Y growth of PKR 6,012 billion. Total deposits with banks drove much of the weekly momentum, climbing PKR 367 billion to PKR 30,660 billion. This deposit growth offset the minor CIC reduction and supported overall liquidity. Net Foreign Assets of the banking system also strengthened significantly by PKR 102 billion weekly to PKR 880 billion, with a Y/Y increase of PKR 1,351 billion, signaling improved external inflows and confidence. Private Sector Credit Rebounds While Government Borrowing Eases Credit to the private sector showed positive momentum, expanding by PKR 412 billion week-on-week to PKR 10,755 billion, with FYTD growth at PKR 807 billion. Conventional banking contributed PKR 152 billion weekly, while Islamic banking added PKR 259 billion. Meanwhile, Net Federal Government Borrowings declined by PKR 66 billion to PKR 37,164 billion, primarily due to reduced borrowing from scheduled banks (down PKR 134 billion), partially offset by higher SBP borrowing (up PKR 68 billion). These trends highlight a balanced shift toward private sector activity and moderated fiscal reliance on banks.

Prof. Dr. Abdul Basit Top 2% Scientists Recognition Elevates Pakistan’s Global Medical Standing
Pakistan

Prof. Dr. Abdul Basit Top 2% Scientists Recognition Elevates Pakistan’s Global Medical Standing

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Prof. Dr. Abdul Basit Top 2% Scientists ranking by Stanford University marks a major milestone for Pakistan’s medical and research community, underscoring the country’s growing influence in global healthcare innovation. Indus Hospital & Health Network (IHHN) has proudly celebrated this achievement, recognizing Prof. Dr. Abdul Basit’s exceptional contributions to diabetes, endocrinology, and public health research worldwide. Read More: https://theboardroompk.com/eu-scientists-term-2025-as-third-hottest-year-on-record-with-3-year-average-breaching-1-5c-threshold/ The recognition places Prof. Dr. Abdul Basit among the world’s top 2% most influential scientists, a distinction awarded based on standardized citation metrics, academic productivity, and long-term research impact. Compiled by Stanford University in collaboration with Elsevier, the list is considered one of the most credible global benchmarks for scientific excellence. Why Prof. Dr. Abdul Basit’s Top 2% Scientists Ranking Matters The Prof. Dr. Abdul Basit Top 2% Scientists honor is more than an individual achievement it reflects the rising global credibility of Pakistan’s healthcare institutions. Prof. Basit’s work has consistently addressed critical challenges in diabetes management, prevention, and policy development, particularly in low- and middle-income countries. His research has helped shape clinical guidelines, improved patient outcomes, and contributed to international collaborations focused on non-communicable diseases. This recognition further reinforces the role of evidence-based medicine in shaping sustainable healthcare systems. Prof. Dr. Abdul Basit Top 2% Scientists Impact on Diabetes & Endocrinology Over the years, Prof. Dr. Abdul Basit has emerged as a leading voice in diabetes and endocrinology, combining clinical excellence with impactful research. His work spans peer-reviewed publications, policy advocacy, and capacity-building initiatives across Asia and beyond. In practical terms, his contributions include: • Advancing early diagnosis and prevention strategies for diabetes• Promoting patient-centered care models• Supporting research-driven healthcare reforms• Mentoring emerging medical researchers These efforts have directly strengthened Pakistan’s reputation as a contributor to global medical knowledge. Indus Hospital & Health Network’s Role in Global Scientific Excellence The Prof. Dr. Abdul Basit Top 2% Scientists recognition also highlights the research-oriented culture fostered by Indus Hospital & Health Network. IHHN has consistently invested in academic excellence, innovation, and ethical healthcare delivery, enabling its leadership to compete on an international stage. Rather than focusing solely on service delivery, the network integrates research, training, and policy engagement positioning itself as a model for healthcare institutions in emerging economies. Key Highlights Explained in Simple Terms Stanford’s global ranking evaluates scientists based on multiple performance indicators. In simple terms, this recognition reflects: • The global influence of Prof. Dr. Abdul Basit’s research• The frequency and quality of citations by other researchers• Long-term academic consistency and subject-matter leadership• Contribution to solving real-world healthcare challenges Together, these factors explain why Prof. Dr. Abdul Basit ranks among the world’s top scientific minds. Strengthening Pakistan’s Global Research Image The Prof. Dr. Abdul Basit Top 2% Scientists milestone sends a powerful message to international stakeholders, investors, and academic institutions: Pakistan is producing globally competitive research leadership. Such recognitions enhance opportunities for international collaboration, funding, and cross-border innovation in healthcare. As non-communicable diseases like diabetes continue to rise worldwide, experts such as Prof. Dr. Abdul Basit play a critical role in shaping effective, inclusive, and data-driven solutions.

Pakistan Need Capability to Address Abuse of Dominance, Data Power and Algorithmic Collusion in Digital Platforms, Dr. Amber Darr at CCP Seminar
Pakistan

Pakistan Need Capability to Address Abuse of Dominance, Data Power and Algorithmic Collusion in Digital Platforms, Dr. Amber Darr at CCP Seminar

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ISLAMABAD, Jan 14: The Competition Commission of Pakistan (CCP), under its ongoing Lecture Series on Competition Law, hosted a lecture titled “Competition Concerns in the Digital Economy.” The lecture was delivered by Dr. Amber Darr, Lecturer in Competition Law at the University of Manchester, UK, and External Expert at CCP’s Centre of Excellence in Competition Law (CECL). Read More: https://theboardroompk.com/pakistan-unveils-sultan-super-basmati-worlds-longest-grain-in-national-basmati-spectrum/ The lecture examined how the rapid expansion of digital platforms, big data, algorithms, and network effects is transforming markets and posing new challenges for competition authorities worldwide. Dr. Darr explained key characteristics of digital markets, including increasing returns to scale, market tipping, data-driven market power, and risks of algorithmic collusion. She also discussed the complexities of defining relevant markets and assessing dominance in zero-price and innovation-driven environments. Referring to leading European Union cases involving Google, Apple, and Amazon, Dr. Darr highlighted issues such as abuse of dominance, tying and bundling practices, unfair trading conditions, and the evolving approach to vertical agreements in digital markets. The lecture also placed Pakistan’s digital economy in a regional and global context, stressing the need for effective competition enforcement to ensure fair and innovative markets. The session was attended by CCP officers from Management Executives to Director Generals. Participants actively engaged in discussion on regulatory and enforcement challenges, reflecting CCP’s continued focus on capacity building in competition law enforcement.

NBP Fund Management Stock Market Investments Reach Rs106 Billion Milestone
Pakistan

NBP Fund Management Stock Market Investments Reach Rs106 Billion Milestone

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NBP Fund Management stock market investments have crossed a major milestone, with assets under management (AUM) in equity-based portfolios surpassing Rs106 billion, reinforcing the company’s position as one of Pakistan’s most trusted asset management firms. Read More: https://theboardroompk.com/pakistan-renewable-energy-transition-gains-momentum-with-solar-and-climate-leadership/ The achievement, recently highlighted on the official social media platform of the National Bank of Pakistan (NBP), reflects over two decades of consistent performance, disciplined fund management, and long-term value creation for investors across Pakistan’s evolving capital markets. NBP Fund Management Stock Market Investments Reflect Long-Term Growth Strategy Operating under the tagline “Managing Your Savings,” NBP Fund Management Limited has steadily expanded its equity-focused investment footprint through prudent risk management and diversified portfolio strategies. The Rs106+ billion in stock market investments represents assets under management across multiple equity-linked segments, including open-end equity schemes, voluntary pension funds, and discretionary equity mandates. This diversified allocation has enabled the company to cater to both retail and institutional investors seeking sustainable long-term returns. Rather than relying on short-term market movements, NBP Fund Management has emphasized fundamental research, disciplined asset allocation, and active portfolio management, contributing to consistent growth despite market volatility. Breakdown of NBP Fund Management Stock Market Investments Instead of presenting figures in a table, the Rs106+ billion milestone can be explained through its core investment segments. A substantial portion of these NBP Fund Management stock market investments is held in equity-based open-end mutual funds, which provide retail investors access to professionally managed stock portfolios. Another significant share comes from voluntary pension schemes, designed to help individuals build long-term retirement savings through equity exposure. The remaining assets stem from discretionary equity mandates, where customized investment strategies are managed on behalf of institutions and high-net-worth clients. Together, these segments form a balanced equity investment ecosystem that supports both capital growth and retirement planning objectives. NBP Fund Management Stock Market Investments Backed by Strong Credentials As a wholly owned subsidiary of the National Bank of Pakistan, NBP Fund Management Limited benefits from the credibility, governance standards, and financial heritage of the country’s largest public-sector bank. The company holds an AM1 rating from PACRA, the highest asset manager rating, signifying strong internal controls, robust risk management frameworks, and a proven track record of performance. This rating has played a key role in building investor confidence, particularly during periods of market uncertainty. With over 20 years of experience, the firm has positioned itself as a reliable partner for investors seeking exposure to Pakistan’s equity markets while maintaining a disciplined investment approach. Why NBP Fund Management Stock Market Investments Matter for Pakistan’s Economy The growth of NBP Fund Management stock market investments is not only a corporate milestone but also a positive signal for Pakistan’s broader financial ecosystem. Rising equity-based assets under management indicate increasing investor participation in capital markets, reduced reliance on traditional savings instruments, and growing awareness of long-term wealth creation through equities. Such developments contribute to market depth, improved liquidity, and greater stability in Pakistan’s stock exchange, ultimately supporting economic growth and financial inclusion. Looking Ahead: Sustaining Growth in NBP Fund Management Stock Market Investments As Pakistan’s capital markets mature, NBP Fund Management is expected to further expand its equity offerings, enhance digital investor access, and introduce innovative fund structures aligned with evolving investor needs. The Rs106 billion milestone serves as a foundation for future growth, signaling the firm’s readiness to capitalize on emerging market opportunities while continuing to safeguard investor interests.

Agriculture Lab on Wheels Punjab: Transforming Farm Services Through Mobile Innovation
Pakistan

Agriculture Lab on Wheels Punjab: Transforming Farm Services Through Mobile Innovation

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Agriculture Lab on Wheels Punjab marks a major step forward in Pakistan’s agricultural modernization, as the Punjab government rolls out mobile agricultural laboratories designed to deliver critical farm services directly to farmers’ doorsteps. The initiative reflects a growing shift toward technology-driven, farmer-centric solutions aimed at improving productivity, sustainability, and crop planning across the province. Read Mote: https://theboardroompk.com/punjab-food-authority-seizes-thousands-of-rotten-eggs-in-lahore/ Approved by the Punjab government under the leadership of Chief Minister Maryam Nawaz Sharif, the programme focuses on improving access to real-time soil and water testing—key inputs that directly influence crop yield, fertilizer use, and irrigation efficiency. Agriculture Lab on Wheels Punjab to Operate in 15 Districts Under the Agriculture Lab on Wheels Punjab initiative, mobile laboratories will initially be deployed across 15 districts, offering on-the-spot soil and water analysis. These labs eliminate the traditional delays and costs farmers face when sending samples to distant testing facilities. Through immediate testing and reporting, farmers will be able to: • Assess soil fertility accurately• Identify nutrient deficiencies• Evaluate water quality for irrigation• Make data-backed decisions on fertilizer application and crop selection This direct access to scientific data is expected to significantly enhance farm-level decision-making and reduce unnecessary input costs. Central Monitoring and Digital Oversight for Transparency To ensure efficiency and accountability, the Punjab government has established a central control room that will monitor the performance of all mobile laboratories. This centralized system will oversee scheduling, service quality, data accuracy, and operational transparency. Such digital oversight not only improves coordination but also builds trust among farmers by ensuring standardized and reliable testing results across districts. 100 Farmer Facilitation Centres to Complement Mobile Labs In addition to the Agriculture Lab on Wheels Punjab, the provincial government has approved the establishment of 100 container-based farmer facilitation centres across all districts. These centres will function as localized agricultural support hubs, equipped with: • Agriculture officers and technical experts• Digital advisory tools• Data call centres for real-time guidance• Access to government schemes and subsidies By combining mobile labs with permanent facilitation centres, Punjab is creating a hybrid service model that strengthens both outreach and continuity of agricultural advisory services. Driving Record Wheat Production and Farmer Welfare Chief Minister Maryam Nawaz Sharif expressed confidence that initiatives like Agriculture Lab on Wheels Punjab would help achieve a record wheat yield during the current season. Improved soil diagnostics, water management, and advisory support are expected to directly translate into higher productivity and better crop outcomes. She further highlighted that additional farmer welfare programmes are already underway, including: • The Kissan Card Scheme for financial inclusion• Tractor-related projects to improve mechanization• Subsidized agricultural inputs Together, these measures demonstrate a comprehensive policy approach to strengthening Punjab’s agricultural economy and improving rural livelihoods. Sindh Government Launches Affordable Seed and Geo-Marking Initiative While Punjab advances mobile agricultural services, the Sindh government has also announced major reforms to support farmers. The Sindh administration has decided to provide quality seeds at affordable prices throughout the province, ensuring better access to certified inputs. Additionally, the Sindh Seed Corporation will implement geo-marking of agricultural lands, a move aimed at: • Improving resource management• Enhancing crop planning accuracy• Supporting data-driven agricultural policies This initiative will enable more efficient allocation of inputs and long-term productivity improvements across Sindh. A New Era of Smart Agriculture in Pakistan The launch of Agriculture Lab on Wheels Punjab, alongside Sindh’s seed and geo-marking initiatives, signals a broader national shift toward smart agriculture. By integrating mobile technology, digital monitoring, and on-ground advisory services, provincial governments are addressing long-standing challenges faced by farmers. These reforms not only strengthen food security but also position agriculture as a modern, data-enabled sector capable of driving sustainable economic growth.

First Panda Bond: Pakistan Plans to Raise $250 Million in Yuan Market
Pakistan

First Panda Bond: Pakistan Plans to Raise $250 Million in Yuan Market

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Pakistan is set to issue its first-ever Panda bond in the coming weeks, as announced by Finance Minister Muhammad Aurangzeb on January 14, 2026. Speaking at a seminar organized by Nutshell Group titled “Resetting Pakistan’s Economic Direction,” the minister revealed that the country plans to tap into China’s Renminbi (RMB)-denominated market for this debut issuance. Read More: https://theboardroompk.com/diversifying-debt-pakistan-advances-1b-panda-bond-strategy/ Panda bonds are yuan-denominated instruments sold in China’s domestic capital market, allowing foreign issuers like Pakistan to access one of the world’s largest and deepest funding pools. This move marks a significant shift from Pakistan’s traditional reliance on US dollar, euro, or Islamic sukuk issuances. Aurangzeb highlighted that issuing in RMB and swapping the proceeds into dollars could yield a 2.5% cost differential, describing it as a valuable saving where “every single bit counts.” The announcement comes amid broader efforts to diversify external financing sources, reduce overdependence on the US dollar, and align with prudent debt management under the ongoing IMF program. Key Details and Strategic Benefits The initial tranche is targeted at approximately $250 million (equivalent in RMB), as part of a potential larger $1 billion programmatic issuance. Preparations, including regulatory approvals from Chinese authorities and investor outreach, have been underway since late 2025, with strong interest from Chinese institutional investors reflecting confidence in Pakistan’s improving macroeconomic outlook. The finance minister emphasized that this debut will complement existing access to euro and sukuk markets while lowering borrowing costs through the interest rate advantage in China’s market. Aurangzeb linked the Panda bond to Pakistan’s debt sustainability gains, noting a drop in the debt-to-GDP ratio to 70% from 75%, extended average debt maturity beyond four years, and savings of around Rs850 billion in debt servicing last year—with similar expectations this year. By entering China’s onshore bond market, Pakistan aims to broaden its investor base, mitigate foreign-exchange risks, and support medium-term fiscal stability. Broader Economic Context The Panda bond initiative aligns with strengthened Pakistan-China economic ties, including the evolving phases of the China-Pakistan Economic Corridor (CPEC). As bilateral trade nears significant levels and cooperation expands into agriculture, minerals, AI, and digital sectors, this financial instrument signals a maturing partnership focused on market-driven growth. Aurangzeb’s remarks underscore ongoing structural reforms, such as tariff reductions and privatization of loss-making state-owned enterprises, positioning the bond as part of a comprehensive reset for Pakistan’s economy.

Pakistan Mauritius Preferential Trade Agreement Can Revive Bilateral Trade
Pakistan

Pakistan Mauritius Preferential Trade Agreement Can Revive Bilateral Trade

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Pakistan Mauritius Preferential Trade Agreement revival has emerged as a key priority for strengthening economic ties between the two countries, as highlighted by the High Commissioner of the Republic of Mauritius, Mr. Munsoo Kurrimbaccus, during his recent visit to the Karachi Chamber of Commerce & Industry (KCCI). The agreement, which previously granted preferential market access to nearly 120 commodities, has remained inactive for years limiting the full potential of bilateral trade. Speaking to Karachi’s business leadership, the Mauritian envoy emphasized that restoring the Pakistan Mauritius Preferential Trade Agreement could significantly boost trade volumes, diversify exports, and correct existing trade imbalances between the two economies. Pakistan Mauritius Preferential Trade Agreement: A Strategic Economic Tool Diplomatic relations between Pakistan and Mauritius date back to 1970, with Pakistan being the first country to establish an embassy in Mauritius after its independence. Despite historically warm relations, bilateral trade has slowed in recent years, underscoring the urgency to reactivate the Pakistan Mauritius Preferential Trade Agreement. According to the High Commissioner, Mauritius currently imports substantially more from Pakistan than it exports, resulting in a noticeable trade imbalance. Pakistan’s major exports include Basmati rice, cement, textiles, towels, bedsheets, and other manufactured goods, while Mauritian exports to Pakistan remain limited. Trade Imbalance Highlights the Need to Restore PTA Under the earlier PTA framework, around 120 product categories enjoyed tariff concessions, making trade more competitive. Its suspension has reduced cost advantages and weakened supply chain linkages. Reviving the Pakistan Mauritius Preferential Trade Agreement would restore preferential access and improve price competitiveness for exporters on both sides. Mauritius previously exported premium pineapples to Pakistan, widely regarded among the finest globally, alongside lychees and mangoes. Mauritian lychees, in particular, command premium prices in European markets such as France—outperforming competitors from Thailand and Madagascar. Renewed PTA provisions could help reintroduce these high-value products into Pakistan’s market. Pakistan Mauritius Preferential Trade Agreement and Pharmaceutical Exports One of the most promising areas under the Pakistan Mauritius Preferential Trade Agreement is pharmaceuticals. Pakistan manufactures high-quality medicines at nearly half the cost of European alternatives. However, regulatory recognition, certifications, and compliance requirements have limited exports to Mauritius. The High Commissioner acknowledged Pakistan’s pharmaceutical potential and encouraged closer regulatory cooperation to unlock market access. Addressing these issues through PTA-linked frameworks could significantly expand Pakistan’s footprint in Mauritius’s healthcare sector. Halal Food and PTA-Driven Export Opportunities The Halal food sector presents another high-growth opportunity. Mauritius’s Muslim community maintains strict Halal standards and currently imports Halal meat primarily from Australia and India. There is strong demand for fresh Halal meat an area where Pakistani exporters could gain a competitive edge. The Pakistan Mauritius Preferential Trade Agreement could facilitate smoother certification recognition and market entry, enabling Karachi-based exporters to tap into this lucrative segment. Tourism, Blue Economy, and Green Growth Collaboration Beyond traditional trade, Mauritius is positioning itself as a premium tourism destination and investing heavily in the blue and green economy. With an Exclusive Economic Zone of nearly two million square kilometers, Mauritius is focusing on aquaculture, marine biotechnology, and ocean-based pharmaceutical research. The Mauritian High Commissioner expressed interest in collaborating with Pakistan on research, investment, and technology partnerships—areas that could be formalized through enhanced trade and investment cooperation mechanisms linked to PTA revival. KCCI’s Role in Strengthening Pakistan–Mauritius Trade KCCI President Muhammad Rehan Hanif reaffirmed Karachi’s business community’s readiness to work closely with the Mauritian High Commission. He highlighted Karachi’s strengths across textiles, ICT, pharmaceuticals, seafood, financial services, tourism, and joint ventures. Recalling earlier engagements, he noted that KCCI had already offered to facilitate inspections of Pakistani meat-processing facilities by Mauritian experts to address Halal certification concerns demonstrating private-sector commitment to resolving trade barriers. Why Pakistan Mauritius Preferential Trade Agreement Matters Now Reviving the Pakistan Mauritius Preferential Trade Agreement is not merely about restoring past concessions it is about future-proofing bilateral trade, unlocking new sectors, and converting diplomatic goodwill into measurable economic outcomes. With growing interest from both governments and active engagement from chambers of commerce, the PTA revival could mark a new chapter in Pakistan–Mauritius economic cooperation.

Pakistan Saudi Arabia Mining Cooperation Enters a New Strategic Phase
Pakistan

Pakistan Saudi Arabia Mining Cooperation Enters a New Strategic Phase

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Pakistan Saudi Arabia mining cooperation has entered a decisive new phase as senior leadership from both countries held high-level discussions during the Future Minerals Forum (FMF) 2026 in Riyadh, signaling growing momentum for joint investment and collaboration in the global minerals sector. Federal Minister for Petroleum Ali Pervaiz Malik is leading a high-powered Pakistani delegation at FMF 2026, an international platform hosted by the Ministry of Industry and Mineral Resources of the Kingdom of Saudi Arabia, bringing together policymakers, investors, and mining leaders from around the world. Pakistan Saudi Arabia Mining Cooperation Highlighted in Ministerial Talks On the sidelines of FMF 2026, Federal Minister Ali Pervaiz Malik met with H.E. Bandar Ibrahim Al-Khorayef, Saudi Arabia’s Minister of Industry and Mineral Resources. The meeting focused on strengthening Pakistan Saudi Arabia mining cooperation by identifying new joint investment opportunities, expanding technical collaboration, and enhancing integration across the mineral value chain. The Saudi Minister emphasized that global attention is rapidly shifting toward mining and critical minerals, making bilateral cooperation more strategic than ever. He highlighted Pakistan’s geological diversity and affirmed Saudi Arabia’s willingness to share its technical expertise, knowledge resources, and institutional experience to support Pakistan’s mineral sector development. Pakistan’s Mineral Potential and Strategic Workforce Advantage During the discussions, Saudi officials recognized Pakistan’s young and dynamic workforce as a major competitive advantage, capable of supporting long-term mineral exploration, extraction, and processing projects. This demographic strength aligns with Saudi Arabia’s vision of building sustainable and diversified mineral supply chains across partner countries. Federal Minister Ali Pervaiz Malik reaffirmed Pakistan’s commitment to deepening Pakistan Saudi Arabia mining cooperation, describing the relationship as one built on long-standing brotherly ties and shared economic goals. Tethyan Belt and Reko Diq: Expanding the Scope of Pakistan Saudi Arabia Mining Cooperation Minister Malik highlighted the immense mineral wealth of Pakistan’s Tethyan Belt, noting that flagship projects like Reko Diq represent only a fraction of the country’s untapped potential. He also revealed ongoing efforts to establish collaboration between the Geological Survey of Pakistan and the Saudi Geological Survey, paving the way for joint exploration, data sharing, and advanced geological research. Beyond mining, the Minister identified fertilizer manufacturing and medical equipment production as high-potential sectors for joint ventures under the broader Pakistan Saudi Arabia mining cooperation framework. Strong Public–Private Representation Strengthens Pakistan’s Presence Pakistan’s delegation at FMF 2026 includes senior policymakers, heads of state-owned enterprises, private sector leaders, and prominent mining stakeholders. Key participants include Pakistan Petroleum Limited (PPL), OGDCL, Mari Energies, GHPL, FWO, PMDC, Saindak Metals, and mineral companies from Balochistan, alongside specialized mining service providers. This diverse representation reflects Pakistan’s integrated public–private approach to attracting foreign investment and developing a globally competitive minerals industry. Pakistan Pavilion Showcases Mineral Vision at FMF 2026 Pakistan’s participation at FMF 2026 is being organized by PPL in collaboration with the Ministry of Energy (Petroleum Division). Under the theme “Mineral Marvel – Unleashing Pakistan’s Mineral Revolution,” the Pakistan Pavilion highlights the country’s rich geology, flagship mining projects, and investor-friendly opportunities. Saudi Arabia’s Ambassador to Pakistan, H.E. Nawaf bin Saeed Ahmad Al-Malkiy, welcomed the delegation and reaffirmed full diplomatic support, praising the leadership of Prime Minister Muhammad Shehbaz Sharif and Federal Minister Ali Pervaiz Malik. During his visit, H.E. Bandar Ibrahim Al-Khorayef commended the Pavilion’s distinctive design and strong visual storytelling, calling it an effective representation of Pakistan’s mineral ambitions. Outlook: Pakistan Saudi Arabia Mining Cooperation Gains Global Relevance As global demand for critical minerals accelerates, Pakistan Saudi Arabia mining cooperation is emerging as a strategically important partnership with long-term economic and geopolitical significance. FMF 2026 has positioned both nations to move from dialogue to execution—unlocking investments, transferring knowledge, and jointly shaping the future of the regional minerals economy.

Gold Price in Pakistan Surges as Bullion Market Remains Volatile
Pakistan

Gold Price in Pakistan Surges as Bullion Market Remains Volatile

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Gold price in Pakistan witnessed a fresh increase on Tuesday, reflecting continued volatility in the domestic bullion market amid global economic uncertainty and investor caution. According to the latest figures released by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA), the price of 24-karat gold rose by Rs900 per tola, highlighting strong underlying demand despite mixed global signals. Read More: https://theboardroompk.com/gold-price-in-pakistan-rallies-sharply-amid-global-economic-turmoil/ Gold Price in Pakistan Today – Latest Rates In the local market, 24-karat gold was sold at Rs481,862 per tola, compared to Rs480,962 in the previous session. On a per-gram basis, 10 grams of 24-karat gold increased by Rs771, reaching Rs413,118. Lower-purity gold also followed the upward trend. The price of 22-karat gold stood at Rs378,705 per 10 grams, making gold jewelry more expensive for retail buyers across Pakistan. This steady rise reinforces gold’s role as a preferred hedge against inflation, currency depreciation, and economic uncertainty in Pakistan. Silver Prices in Pakistan Follow Gold’s Uptrend Alongside gold, silver prices in Pakistan also moved higher. 24-karat silver per tola increased by Rs180, settling at Rs9,075, while 10 grams of silver gained Rs154, closing at Rs7,780. The synchronized movement in precious metals indicates sustained investor interest, particularly from those seeking safer asset classes during uncertain market conditions. Gold and Silver Performance – Key Market Snapshot A comparison of precious metal performance shows the strength of the ongoing uptrend: Over the day-on-day period, gold gained Rs900 per tola, while silver added Rs180. On a one-month basis, gold prices have increased by approximately Rs29,600 per tola, whereas silver has risen by Rs2,611. From the start of the fiscal year, gold has surged by over Rs131,000 per tola, underlining its exceptional performance. On a calendar year-to-date basis, gold remains up nearly Rs25,000, while silver has added more than Rs1,300. These figures highlight why gold price in Pakistan continues to attract investors, traders, and long-term savers alike. Global Gold Prices and Economic Impact In the international market, spot gold traded near $4,593 per ounce, slipping marginally by $5 or 0.11% from the previous session. The slight decline was attributed to profit-taking by investors and ongoing uncertainty surrounding the global economic outlook. Despite the mild correction, global gold prices remain historically elevated, providing strong support to domestic gold rates in Pakistan. Fluctuations in the US dollar, interest rate expectations, and geopolitical developments continue to influence bullion prices worldwide. What This Means for Investors and Consumers For investors, the rising gold price in Pakistan signals continued momentum in precious metals as a defensive investment. For consumers, particularly those planning weddings or jewelry purchases, higher prices may prompt cautious buying or delayed decisions. Market experts suggest that gold prices may remain volatile in the short term, with any major movement in global interest rates or currency markets likely to have a direct impact on local bullion prices. Outlook for Gold Price in Pakistan Looking ahead, analysts expect gold price in Pakistan to stay firm as long as inflationary pressures, currency risks, and global economic uncertainty persist. Any significant movement in international gold prices or the Pakistani rupee could further influence domestic rates. For now, gold continues to shine as one of the most closely watched commodities in Pakistan’s financial landscape.

The Boardroom PK delivers trusted business news, analysis, and insights from Pakistan and beyond, keeping readers informed, inspired, and ahead in the evolving world of business and leadership.

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