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The Pakistani rupee edged up 0.01% against the US dollar on Wednesday. On Tuesday the Pakistani rupee settled at 277.85 against the dollar. The US dollar remained near a one‑month high on Wednesday as renewed Middle East hostilities pushed safe‑haven demand and traders awaited a key Federal Reserve interest‑rate decision later in the day. The Australian dollar fell after inflation data...

SBP Waives Processing Fees for PM Apna Ghar Housing Loans KARACHI – In a major push to make homeownership accessible, the State Bank of Pakistan (SBP) has confirmed that participating banks will no longer charge processing fees on housing loans under the Prime Minister’s Apna Ghar Housing Scheme. The update was announced during an official SBP briefing on housing finance. The waiver aims to...

Burj Quaid: DHA City Karachi Set to Host Pakistan’s Tallest Skyscraper Karachi’s skyline is on the verge of a historic transformation with the official announcement of Burj Quaid, set to become the tallest building in Pakistan upon completion. Situated across nearly six acres in DHA City Karachi, this landmark development follows a strategic agreement between DHA City Karachi and ABS...

US Tech Giant Honeywell Proposes Major Refinery Upgrade Plan for Pakistan WASHINGTON — Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, met with a delegation from Honeywell Technologies on Monday in Washington to discuss a comprehensive plan aimed at modernizing and expanding Pakistan’s refinery sector. The Honeywell delegation was led by Vice President and General Manager Barry...

China’s open AI ecosystem is rapidly closing the gap with the US, a shift underscored by this launch just a month after the US government pulled Anthropic’s Fable and Mythos models due to security fears. Breaking the Western assumption that Chinese tech lags behind by months, firms like Moonshot, Z.ai, and Minimax are rolling out high-performance models at significantly lower costs. Front and...

IHC Lifts Ban on Property Transactions in Margalla Hills Localities The Islamabad High Court (IHC) has overturned the ban on the purchase, sale, registration, and transfer of properties in several prominent sectors of the federal capital. Property transactions are now legally permitted to resume in areas including Shah Allah Ditta, Sangjani, and Sarai Kharbooza. The Ruling The decision was handed...

An Exclusive Market Analysis by Apki Property For years, Karachi's real estate market has been described as a "sleeping giant"—vast in potential yet held back by systemic hurdles. But as we move through 2026, that giant is officially stirring. The question is no longer whether Karachi's property sector matters to Pakistan, but how its ongoing revival is actively reshaping the national...

DUBAI: In a significant move to expand international participation in its real estate market, Saudi Arabia has launched a new official digital platform that allows foreign investors, residents, and companies to apply for property ownership. According to the Saudi Real Estate General Authority, applications are now open through the "Saudi Properties" portal. This official platform is directly tied...

BEIJING: While China’s new home prices continued to drift downward in April, the pace of the month-on-month decline slowed to its lowest level in a year, according to official data released on Monday. This development offers an early glimmer of stabilization, though overall housing demand remains weak despite widespread efforts by municipal governments nationwide to revive sales and restore buyer...

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