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The ECC approved the immediate release of Rs. 19 billion to begin payments under the PM’s Ramzan Relief Package 2026. It also gave conditional approval for Rs. 1 billion in operational expenses, seeking detailed cost disclosures.
SBP has notified Ramazan 2026 office and branch timings for banks and related financial institutions. Public dealing hours will run 9:00am–2:00pm on weekdays and 9:00am–12:30pm on Fridays, with automatic reversion after Ramazan.
PSX has announced revised Ramazan 2026 trading hours, with the market opening at 9:17am daily. Closing will be 1:30pm on weekdays and 12:30pm on Fridays, alongside updated timings for related sessions.
PSX has scheduled Ghani Dairies Limited’s listing on the main board for Feb 19 under the symbol GDL. The exchange outlined T+1 settlement, a one-share market lot, and standard CDC/NCCPL clearing arrangements.
SECP has issued an official list of 125 foreign companies that have wound up operations in Pakistan as of Jan 20, 2026. The regulator says the closures include branch and liaison offices across major cities and multiple sectors.
Power Minister Awais Leghari has ordered uninterrupted electricity supply during Sehr and Iftar throughout Ramadan. Power companies were told to set up monitoring control rooms, respond quickly to complaints and avoid unannounced outages during peak hours.
Millat Tractors reported a 20% drop in 1HFY26 profit, even as quarterly sales and margins improved on higher volumes. The company cited support from Punjab’s Green Tractor Scheme and announced a cash dividend alongside the results.
BOP says it delivered record results for 2025, with operating profit before provisions jumping sharply and deposits surpassing Rs2 trillion. The bank also announced dividends and highlighted continued investment in digital transformation and risk controls.
The government set the Zakat Nisab for Ramadan 2026 at Rs503,529, meaning accounts below the threshold will not face deduction at source. The likely deduction date is tied to the first day of Ramadan, expected around Feb 19–20 depending on moon sighting.
IPAK Group reported consolidated net profit of Rs. 1.47 billion for the first half of FY26, nearly tripling year-on-year. The company credited export growth, stronger sales, improved margins and lower finance costs driven by better cash-flow and working-capital management.
Gold prices in Pakistan declined by Rs3,200 per tola to Rs523,762, with 10-gram rates also easing to Rs449,041, according to APGJSA. Silver dipped as well, while international gold prices were reported lower, pressuring domestic rates.
The government has increased fuel prices for the next fortnight, lifting petrol by Rs5 and high-speed diesel by Rs7.32 per litre. The revised rates take effect from February 16, raising concerns over transport and inflationary pressures.
