#WorldBank has proposed $600 million in financing for a five-year programme aimed at removing regulatory barriers, expanding access to finance, boosting exports and improving skills alignment to attract private investment and generate jobs in Pakistan. brecorder.com/news/40446248/…

Federal government is working on replacing the existing power tariff system, which allows excessive billing for consumers whose power tariff exceeds 200 units, with a new targeted subsidy system to facilitate the deserving power consumers. brecorder.com/news/40446252/… #PowerSector

Positive momentum was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 400 points during the opening minutes of trading on Wednesday. Read more: brecorder.com/news/40446281/… #PSX #KSE100Index

Federal Board of Revenue (FBR) has made it mandatory for companies to submit financial statements accompanying their income tax returns electronically through the IRIS portal in an electronically readable file format from tax year 2026 onwards. brecorder.com/news/40446244/… #FBR

The US dollar held at a two-week high on Wednesday ahead of policy decisions from central ​banks, with the Federal Reserve widely expected to leave its policy interest rate ‌unchanged while signalling the probability of any December move. brecorder.com/news/40446269/… #Dollar

EPQL has approached CPPA-G and Nepra, challenging the rejection or return of its invoices for electricity supplied under PPA in the absence of relevant government notifications in the Official Gazette. Read more: brecorder.com/news/40446239/… #PowerSector

On the directions of the Prime Minister, the Ministry of Industries and Production has included members of SMEDA in a committee formed to develop a comprehensive plan for the authority’s reorganisation. Read more: brecorder.com/news/40446243/… #SMEDA

The US military has spent over $47 billion so far to prosecute the war in Iran, more than 25% higher than the Defense Department’s estimate in July, according to Pentagon data obtained by Reuters. Read more: brecorder.com/news/40446273/… #IranWar #MiddleEast

Oil prices rose on Wednesday after an attack on a refinery in Saudi Arabia, the ​world’s biggest crude exporter, renewed concerns around the ‌risks to supply in the Middle East stemming from the conflict with Iran and its proxies. brecorder.com/news/40446270/… #Oil #OilPrices

Edison and some Pakistani clients of QatarEnergy will not receive liquefied natural gas (LNG) from the Gulf supplier until the end of this year, the Italian utility and a market source said on Tuesday. Read more: brecorder.com/news/40446154/… #QatarEnergy #Edison #Pakistan #LNG

Sitting outside his small shop in a warren of alleyways in the ancient Pakistani city of Rawalpindi, Ahsan Shakeel buffed an antique brass pot to a high shine, pressing it against a mechanised wheel. Read more: brecorder.com/news/40446153/… #antiqueshop #Pakistan #antiques

Yemen’s Houthis on Tuesday said they targeted the Saudi defence ministry in the capital Riyadh, where authorities earlier said they had intercepted missiles launched by the group. Read more: brecorder.com/news/40446150/… #Yemen #Houthis #Saudidefenceministry #Riyadh

Finance Minister Muhammad Aurangzeb chaired the 19th meeting of the NEC on AML-CFT, approving key regulatory changes aimed at strengthening Pakistan’s financial monitoring and oversight framework. Read more: brecorder.com/news/40446148/… #MuhammadAurangzeb

Pace bowler Dilshan Madushanka grabbed a career best 5-34 as Sri Lanka cruised to a thumping eight-wicket win over Pakistan in Lahore on Tuesday which ends England’s hopes of reaching the tri-series final. Read more: brecorder.com/news/40446147/… #TriSeries

Apple on Tuesday unveiled a new 14-inch MacBook Pro and iMac powered by its latest M6 chip, touting faster performance for running AI tasks directly on the devices. Read more: brecorder.com/news/40446143/… #Apple #MacBookPro #iMac

Iranian Security Council chief Mohsen Rezaei on Tuesday met Supreme Leader Ayatollah Mojtaba Khamenei, after talks with representatives of Pakistan, Saudi Arabia and Turkiye. Read more: brecorder.com/news/40446141/… #Iran

Pakistan and China on Tuesday launched the CPIC in Islamabad to strengthen media cooperation, promote information sharing and deepen people-to-people ties as the two countries mark 75 years of diplomatic relations. Read more: brecorder.com/news/40446139/… #CPIC

Meta Platforms on Tuesday raisedthe planned size of its largest-ever equity offerings to $97.5 billion, as the social media giant taps the public market to aggressively expand its AI infrastructure. Read more: brecorder.com/news/40446138/… #Meta

The Pakistani rupee continued its marginal gain against the US dollar in the inter-bank market on Tuesday. The local unit closed the day at 276.80, a gain of Re0.01 against the greenback. Read more: brecorder.com/news/40446137/… #USDollar #Rupee

Yemen’s Houthis said on Tuesday they had launched an attack on Saudi Arabia’s Ras Tanura oil refinery, the ⁠biggest in the kingdom, located on the Gulf west of the Strait of Hormuz. Read more: brecorder.com/news/40446134/… #SaudiArabia #Yemen #Houthis