Business Recorder

Business Recorder is the largest financial newspaper in Pakistan and holds the distinction of being the first of its kind in the Muslim world. It is operated by the Business Recorder Group, which is recognized as one of the leading media organizations in South Asia.

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#39683

Pakistan

#214

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#14

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On the path of stabilization

6 days ago | brecorder.com | Huzaima Bukhari |Ikramul Haq |Abdul Rauf Shakoori

Pakistan’s economy, long buffeted by structural flaws, cyclical shocks and political instability, is presently showing signs of cautious revival following a period of extraordinary difficulty. The currency has regained marginal strength, the stock market has entered a phase of consistent recovery, and the remittance inflows have broken historical records.
Anti-transfer petitions: Judges will accept SC ruling

6 days ago | brecorder.com | Terence Sigamony

ISLAMABAD: The judges recently transferred to Islamabad High Court (IHC) decided not to contest but will accept whatever is decided by the Supreme Court in petitions opposing their transfer. A five-member Constitutional Bench of the Supreme Court, headed by Justice Muhammad Ali Mazhar, on Thursday heard the petitions of the IHC five judges, Pakistan Tehreek-e-Insaf (PTI)’s founder Imran Khan, Karachi, Lahore and Islamabad High Court Bar Associations, and advocate Raja Muqsit Nawaz Khan.
JCP nominates Justice Abbasi, Justice Najafi for SC CB

6 days ago | brecorder.com | Terence Sigamony

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UAE startup Metric, founded by Pakistanis, announces 7-figure seed round

1 week ago | brecorder.com | Saleha Riaz

AI fintech Metric announced a seven figure seed round to grow their offering across the Gulf region and Asia. The company told Business Recorder it is not revealing the exact amount at this stage. Founded in 2022 by Pakistani couple Meenah Tariq and Omar Parvez, along with the company’s CTO Dr Habiba, Metric said in a statement released Thursday that the seed round had participation from Sanabil 500 Global, Hub71, i2i Ventures, Plus VC, Epic Angels, and Accelerate Prosperity.
Judges from other high courts to IHC: IHCBA decides to withdraw plea challenging transfer

1 week ago | brecorder.com | Terence Sigamony

ISLAMABAD: The Islamabad High Court Bar Association (IHCBA), Wednesday, decided to withdraw its petition filed in the Supreme Court challenging the transfer of judges from other high courts to the Islamabad High Court (IHC). IHCBA President Wajid Gillani and Secretary Manzoor Jajja in this regard issued an authority letter to formally request the withdrawal of the petition. Advocate on-Record Anees Muhammad Shehzad has been authorised to carry out the withdrawal.
Pleas against transfer of judges: federation submits reply

1 week ago | brecorder.com | Terence Sigamony

ISLAMABAD: The federation submitted that the process initiated under Article 200 of the constitution for the transfer of judges from Punjab, Sindh and Balochistan High Courts demonstrate and deliver transparency and in no way undermine the independence of judiciary. The federal government on Wednesday submitted its reply against the petitions regarding transfer of judges from other High Courts to Islamabad High Court (IHC) and seniority list of IHC judges.
Several amendment bills, one ordinance presented in PA

1 week ago | brecorder.com | Hassan Abbas

LAHORE: The Punjab Assembly session on Wednesday saw the presentation of several amendment bills and one ordinance, including laying of Police Order (Amendment) Ordinance 2025. Among the proposed legislations tabled were the Provincial Motor Vehicles Amendment Bill 2025, the Drugs Amendment Bill 2025, the Stamp Amendment Bill 2025, and the Provincial Employees’ Social Security Amendment Bill 2025.
Convictions by military courts: Deliberations under way on right of appeal, SC told

1 week ago | brecorder.com | Terence Sigamony

ISLAMABAD: The Constitutional Bench of the Supreme Court was informed that deliberations are going on to provide right of appeal to people sentenced by the military courts in 9th May incidents. During the proceeding, Justice Aminuddin asked Khawaja Haris to complete his arguments by tomorrow (Thursday). He then told Additional Attorney General Aamir Rehman to ask the AGP Mansoor Usman Awan to come to the Court regarding right of appeal against the military courts judgment tomorrow.
Promotion of workers’ remittances: Punjab Assembly passes resolution

1 week ago | brecorder.com | Hassan Abbas

LAHORE: The Punjab Assembly on Tuesday unanimously passed a resolution to promote foreign remittances sent by overseas Pakistanis, emphasizing their critical role in the national economy. According to official statistics, approximately 10 million Pakistanis reside abroad for employment, with 3,000 to 3,500 individuals leaving the country daily. These expatriates contribute significant foreign exchange, nearly equivalent to Pakistan’s total exports.
GEM of a city - Dubai ‘contributes significantly’ to UAE’s top ranking in entrepreneurship report

1 week ago | brecorder.com | Saleha Riaz

The United Arab Emirates (UAE) was recently ranked number one globally for the fourth consecutive year by the Global Entrepreneurship Monitor (GEM) report covering the last year, surpassing many advanced economies. The study measured the quality of a country’s entrepreneurial environment based on expert assessments across 13 key ‘GEM Entrepreneurial Framework Conditions’.