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Author

Faiz Paracha

Faiz Paracha, an esteemed broadcast journalist with over two decades of experience, excels in reporting and editorial positions. His expertise lies in the economy and energy sectors, where he has delivered thorough coverage and valuable insights.

Currently serving as the Head of Reporting at News Diplomacy, Faiz manages coverage related to diplomatic missions, international development organizations, the United Nations, and foreign affairs. His diverse interests encompass environmental and climatic issues, alongside his profound knowledge of business, economy, and energy.

Business

Pakistan, US Agree to Strengthen Trade Relations

Faiz Paracha Feb 22, 2026 0
WASHINGTON: Finance Minister Muhammad Aurangzeb held a meeting with the U.S. Secretary of Commerce in Washington. Both sides agreed to enhance trade cooperation and promote investment opportunities across key sectors. During the…
Business

5G Spectrum Auction Scheduled for March 10

Faiz Paracha Feb 18, 2026 0
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has announced that the long-awaited 5G spectrum auction will be held on March 10, 2026. PTA Chairman Hafeez-ur-Rehman said that improved internet connectivity is essential for…
Latest

IMF Warns Against Burdening Poor with Power Price Hike

Faiz Paracha Feb 14, 2026
ISLAMABAD: The International Monetary Fund (IMF) has stated that it is in discussions with Pakistan regarding proposed changes in electricity prices, emphasizing that the burden of these adjustments should not fall on low- and middle-income…
Business

PSX Hosts Gong Ceremony to Celebrate PIA Privatisation 

Faiz Paracha Feb 13, 2026
KARACHI: The Pakistan Stock Exchange (PSX) today hosted a Gong Ceremony to mark the privatisation of Pakistan International Airlines (PIA), a landmark transaction valued at Rs 135 billion. The ceremony was graced by the Advisor to the…
Business

TCS Group signs four MoUs with Kazakhstan counterparts

Faiz Paracha Feb 11, 2026
ISLAMABAD: The TCS Group signed four MoUs with leading Kazakh institutions, including the Chamber of International Commerce of Kazakhstan, Baiterek National Investment Holding Company, KUSTO Logistics LLP and Qazpost, Kazakhstan’s national…
Business

Pakistan Capital Market Transitions to T+1 Settlement Cycle

Faiz Paracha Feb 10, 2026
KARACHI: Pakistan’s Capital Market has officially transitioned to the T+1 settlement cycle, a landmark reform that strengthens efficiency, reduces risk and aligns the country with international best practices. Effective from February 9,…
Latest

Pakistan Issues License to First Digital Bank 

Faiz Paracha Feb 10, 2026
ISLAMABAD: Prime Minister Shehbaz Sharif has issued a license to Pakistan’s first digital bank, Raqami Islamic Bank, marking a significant milestone in Pakistan-Kuwait relations. Speaking at the licensing ceremony in Islamabad, the Prime…
Latest

WB Reaffirms Support for Pakistan’s 10-Year Uplift Programme

Faiz Paracha Feb 9, 2026
RIYADH: The World Bank has reaffirmed its support for Pakistan’s 10-year development programme worth $20 billion, emphasising the importance of effective coordination and timely implementation to maximise its developmental impact. The…
Business

Kazakh Group to Invest $20 Million in Gold Mining Projects of GB

Faiz Paracha Feb 6, 2026
ISLAMABAD: The Ilaman Group of Kazakhstan has expressed its commitment to invest $20 million immediately in placer gold mining projects in Gilgit-Baltistan. According to a statement issued by the Board of Investment, Federal Minister for…
Business

World Bank President Ajay Banga Arrives in Pakistan on Key Visit

Faiz Paracha Feb 1, 2026
ISLAMABAD: World Bank President Ajay Banga has arrived in Pakistan on an official visit, which is expected to focus on economic reforms and long-term development cooperation. According to sources, Ajay Banga will remain in Pakistan until…
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U.S. Marines Opened Fire During Protest at Karachi Consulate

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Mar 3, 2026

Pakistan’s Exports Suffer Major Blow, Drop Over 25% in February

Mar 3, 2026

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U.S. Marines Opened Fire During Protest at Karachi Consulate

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