Business

ISLAMABAD (Kashmir English): The US Export-Import (EXIM) Bank has approved financing of $1.25 billion to support the mining of critical minerals at Reko Diq, undeveloped copper and gold deposits in Balochistan, Pakistan. The project is a joint venture between Canada’s Barrick Gold (50%) and Pakistani stakeholders (50%) and aims to start production in 2028. In

SIALKOT (Kashmir English): The National Savings has announced that the draw No.35 of the Rs 40000 prize bond on December 10, 2025 (Wednesday) at the National Savings Center, Sialkot. Prize bonds are issued by the central bank, the State Bank of Pakistan (SBP), and serve as a popular investment option for people in the country.

KARACHI (Kashmir English): The National Savings Directorate conducted Draw No.20 for the Rs25000 prize bond on December 10, 2025, today, at its Faisalabad office, with thousands of bondholders awaiting the results. The transparent balloting process occurs in the presence of government officials and public observers. This savings scheme, operated under the State Bank of Pakistan,

MUZAFFARABAD (Kashmir English): The Azad Jammu and Kashmir (AJK) government has officially opened applications for its newly approved interest-free loan scheme, aimed at supporting young entrepreneurs across the state. The initiative allows eligible youth to apply for loans ranging from Rs 1 Lac to Rs 2 million to start or expand their businesses. After the

ISLAMABAD (Kashmir English): The Wholesale sugar prices in Pakistan are trending lower as cane crushing in both Punjab and Sindh mills gains momentum. Traders say the wholesale price of sugar in Karachi has slipped to Rs160 per kg from Rs190-200 when the season began. Prices in Punjab weakened to Rs155 per kg. In some cities