WEEKLY NEWS

HAND-PICKED

POLITICS

HAND-PICKED

Latest News

Featured Articles
Arsenal players celebrating on the pitch after clinching the Premier League 2026 title at Emirates Stadium, with Max Dowman leading the celebrations and fans cheering in the background.

Arsenal Ends 22-Year Wait for Premier League Glory in 2026

TECNO and Lonely Planet Shot On CAMON Contest 2026 banner showcasing the theme ‘Seeing is Believing’ with a close-up of an eye reflecting a sunset landscape and a flying bird, promoting global smartphone photography competition.
Tech

TECNO Unveils Shot On CAMON Contest 2026 Jointly

Calling on TECNO CAMON users worldwide to capture real life moments under the theme “Seeing is
The current-generation MG HS PHEV True Hybrid Electric vehicle, now available for ready delivery in Pakistan ahead of Eid.
News

MG Motor Pakistan Announces Ready Delivery of MG

Lahore, Pakistan [15th May 2026]: As vehicle purchasing activity traditionally increases before Eid, MG Motor Pakistan
Pakistan Railways passenger train at station amid plan to outsource 15 train operations
News

Pakistan Railways Plans Private Operation of 15 Trains

Pakistan Railways is preparing for another major shake-up as reports suggest the department may hand over
Technician repairing submarine internet cable linked to Pakistan internet slowdown
News

Pakistan Braces for Week-Long Internet Slowdown Starting Tomorrow

Internet users across Pakistan are being warned to prepare for slower connectivity and possible disruptions over
Imran Khan follow-up eye treatment at PIMS

Imran Khan Undergoes Follow-Up Eye Treatment at PIMS in Islamabad

Pakistan Responds to Unprovoked Afghan Taliban Fire Along Border
Politics

Pakistan Says It Gave “Immediate, Effective” Response to

Pakistan’s Ministry of Information and Broadcasting said Afghan Taliban fighters opened unprovoked fire at multiple points
Dozens Killed as Protests Turn Deadly Across Pakistan Following Iran Supreme Leader’s Killing
Politics

Nationwide unrest after Iran leader’s reported killing

Protests erupted across major cities in Pakistan after reports that Iran’s Supreme Leader, Ayatollah Ali Khamenei,
Iran Strait of Hormuz oil corridor impact
Politics war

Why the Strait of Hormuz matters globally

The Strait of Hormuz is one of the most strategically important waterways in the world. It
Pakistan's foreign minister Ishaq Dar (right) receives his Saudi counterpart, Prince Faisal bin Farhan (left), at Nur Khan air base in Rawalpindi, Pakistan on April 15, 2024. (Government of Pakistan)
Politics

Pakistan Positioned to Host Iran–US Talks Amid Rising

Pakistan has indicated that direct negotiations between Iran and the United States could take place in

TECNO Spark 40 Now Available in Orange Color Across Pakistan

Tech

TECNO to Unveil Latest AI Ecosystem Innovations at MWC 2026

TECNO, the AI-driven innovative technology brand, announced its participation in Mobile World Congress 2026 (MWC 2026) in Barcelona,
Record monthly exports point to strong growth trend Pakistan’s information technology (IT) and IT-enabled services sector is rapidly gaining ground as a key foreign exchange earner, with December 2025 exports hitting a record $437 million — the first time monthly receipts have crossed the $400 million mark, according to data from the State Bank of Pakistan (SBP). This figure represented a 23 percent month-on-month increase and 26 percent year-on-year growth, suggesting sustained momentum rather than short-term volatility. Cumulative figures from July to December 2025 show IT exports totaling about $2.24 billion, up from approximately $1.87 billion in the same period of the previous fiscal year. If this growth trajectory continues, analysts say annual receipts could reach or exceed $5 billion by June 2026. Policy reforms boosting competitiveness Industry observers point to several policy changes that have strengthened Pakistan’s export performance. A key reform has been raising the Exporters’ Specialised Foreign Currency Account (ESFCA) retention limit from 35 percent to 50 percent, enabling IT firms to keep more of their foreign earnings, improve cash flow and reinvest in growth. The introduction of an Equity Investment Abroad (EIA) framework has also allowed IT exporters to channel retained foreign currency into overseas subsidiaries, widening their global reach and client base. Diversification of markets & services Pakistani IT companies have broadened their export destinations beyond traditional markets in North America and Europe to include the Gulf Cooperation Council (GCC), Southeast Asia and parts of Africa. Freelancers and small-to-medium enterprises are also contributing significantly, especially in software development, digital marketing, data analytics and online consulting. According to industry estimates, freelance-driven exports alone could be worth up to $800 million to $1 billion annually if current trends persist. Economic impact and service-led growth IT exports now account for more than 40 percent of Pakistan’s total services exports, giving the sector a growing role in balancing external accounts amidst broader trade pressures. Unlike traditional goods exports, IT services are generally less dependent on imported inputs, making their net foreign exchange contribution comparatively higher — a meaningful factor for Pakistan’s economy as it seeks to stabilise external finances. The sector’s expansion aligns with Pakistan’s young, skilled workforce, creating jobs across technical and professional services and generating spill-over benefits for related industries such as telecommunications, fintech, education and professional training. Challenges remain, but outlook stays positive Despite the strong performance, structural challenges persist. Infrastructure gaps, particularly in broadband availability outside major cities, continue to hamper broader participation. Skills development is another area requiring continuous investment, especially as global demand shifts toward advanced technologies like AI, cybersecurity and cloud computing. Additionally, consistent regulatory environments and business-friendly policies will be critical to sustaining export momentum. Even with these hurdles, the consistent record figures suggest that the $5 billion export target for FY2025-26 is well within reach, marking a notable shift in Pakistan’s export profile and reinforcing IT’s role as a cornerstone of future economic growth.
Tech

Pakistan’s IT Exports Set to Hit $5 Billion

Pakistan’s information technology (IT) and IT-enabled services sector is rapidly gaining ground as a key foreign
5G spectrum auction on March 10
Tech

Pakistan to Hold 5G Spectrum Auction on March

The Pakistan Telecommunication Authority (PTA) has confirmed that the 5G spectrum auction, a key milestone for
Tech

Business Line Awarded SAP Partnership in Pakistan, Strengthening

Karachi, Pakistan – [February, 22] — Business Line, a leading SAP partner with a strong presence in
India Rout Pakistan by 61 Runs in T20 World Cup 2026 Group Clash in Colombo

India Rout Pakistan by 61 Runs in T20 World Cup 2026 Group

Kamil Khan steps down from Sialkot Stallionz
Sports

Kamil Khan Exits Sialkot Stallionz Ownership Ahead of

Kamil Khan has officially exited his ownership role in Sialkot Stallionz, the franchise confirmed ahead of
England Captain Harry Brook celebrating his hundred against Pakistan in the super 8 clash of T20 World Cup
Sports

England Beat Pakistan by Two Wickets in Super

Pakistan won the toss and opted to bat first against England in their Super 8 Group
India Beat England to Reach T20 World Cup 2026 Final
Sports

India Beat England to Reach T20 World Cup

India booked their place in the ICC Men’s T20 World Cup 2026 final after defeating England
India Crush New Zealand by 96 Runs to Win ICC Men’s T20 World Cup 2026
Sports

India Crush New Zealand by 96 Runs to

India became only the second team to successfully defend a T20 World Cup title and secured
The current-generation MG HS PHEV True Hybrid Electric vehicle, now available for ready delivery in Pakistan ahead of Eid.

MG Motor Pakistan Announces Ready Delivery of MG HS PHEV Ahead of

Pakistan Railways passenger train at station amid plan to outsource 15 train operations
News

Pakistan Railways Plans Private Operation of 15 Trains

Pakistan Railways is preparing for another major shake-up as reports suggest the department may hand over
Technician repairing submarine internet cable linked to Pakistan internet slowdown
News

Pakistan Braces for Week-Long Internet Slowdown Starting Tomorrow

Internet users across Pakistan are being warned to prepare for slower connectivity and possible disruptions over
OPEC headquarters as UAE exits OPEC in major shift in global oil markets
News

UAE Walks Away from OPEC, Shaking Global Oil

In a move that could reshape the global energy landscape, the United Arab Emirates has announced
Security checkpoint in Islamabad as twin cities reopen after 12-day lockdown
News

Twin Cities Breathe Again as 12-Day Lockdown Finally

After 12 long days of restricted movement and disrupted routines, Islamabad and Rawalpindi are finally opening

Your source for Pakistan’s latest news, untold stories, and voices that matter.

Stay Updated with Pakistan’s Latest Stories

    Get breaking news, powerful stories, and trending updates from across Pakistan, delivered straight to your inbox.

    © 2026 Pride of Pakistan. All Rights Reserved.