MG Morning Breeze: Updates to Skim before Market

July 15, 2026 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.

• KP beats revenue target by over Rs21bn

The Khyber Pakhtunkhwa (KP) Finance Department has announced that the province's own-source revenue has crossed Rs150 billion for the first time in its history, surpassing the annual target of Rs129bn by more than Rs21bn. Read more

• Pakistan retires record Rs4.7tr debt ahead of maturity

Pakistan has retired more than Rs4.7 trillion (around US$17 billion) in public debt ahead of maturity through proactive liability management operations, according to Khurram Schehzad, Adviser to the Finance Minister. Read more

• Petrol to rise by around Rs8, HSD eyes massive Rs48 spike

Pakistani consumers are to face another heavy blow at the pumps as petrol is projected to rise by Rs7.78 per litre, while High-Speed Diesel (HSD) is estimated to jump by a staggering Rs47.81 per litre in the upcoming pricing review. Read more

• Pakistan pitches Sindh's mega projects to Indonesian investors

Pakistan on Tuesday showcased Sindh's expanding investment landscape to Indonesian businesses, highlighting major upcoming projects including the development of Keti Bandar Port, the establishment of a Sindh International Facilitation Centre in Karachi, and AI-enabled data centres powered by affordable energy. Read more

• FSC&RD issues over 505 variety names for enlistment of new crop varieties

The Federal Seed Certification and Registration Department (FSC&RD) has issued more than 505 variety names for the enlistment of new crop varieties, a move aimed at increasing the production and availability of certified, high-yielding seeds across the country. Read more

• Dar calls for revitalised SAARC guided by Charter principles

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar called for a revitalised SAARC that upholds the principles of its Charter, stressing that regional connectivity, sustainable development and the collective well-being of South Asia's peoples must remain central to the grouping's future direction. Read more

• US CPI clocks in at 3.5%

Consumer prices in the US declined 0.4% on a seasonally adjusted basis in June, which marks the sharpest monthly drop in more than six years and pulling annual inflation down to 3.5% from the expected 3.8%. Read more

• PM lauds progress on Pakistan's cashless economy shift

Prime Minister Shehbaz Sharif have lauded the economic team for significant progress in promoting digital payments and advancing the country's transition towards a cashless economy over the past year, saying the shift would enhance transparency, improve financial inclusion and support sustainable economic growth. Read more

• Agro Processors & Atmospheric Gases seeks PSX main board listing

Pakistan Stock Exchange (PSX) has placed the draft prospectus of Agro Processors & Atmospheric Gases Limited on its website for seeking public comments following the company's application for listing on the Main Board. Read more

• Govt seeks stronger UNDP partnership to accelerate SDGs

Pakistan has called for deeper collaboration with the United Nations Development Programme (UNDP) to accelerate sustainable development, strengthen climate resilience and expand access to development financing, during talks held in New York on Tuesday. Read more

• SIMAP, GIZ promote green financing for surgical SMEs

The Surgical Instruments Manufacturers Association of Pakistan (SIMAP), in collaboration with GIZ, organized a seminar chaired by SIMAP Chairman Zeshan Tariq to highlight sustainability, investment, and financing opportunities for export-oriented small and medium-sized enterprises (SMEs) in the surgical instruments sector. Read more

• PKR strengthens slightly against USD

The rupee posted a marginal gain against the US dollar in Tuesday's interbank session, appreciating by 0.95 paisa to close at 278.01 per dollar, compared to Monday's finish of 278.02. Read more

• PSX Closing Bell: Every Rose Has Its Thorn

The Pakistan Stock Exchange (PSX) suffered another sharp selloff on Tuesday, with the benchmark KSE-100 Index ending the session deep in the red as investors continued to dump equities amid escalating geopolitical tensions and a surge in global oil prices. Read more

• Gold price in Pakistan falls Rs5,600 per tola

Gold price in Pakistan decreased on Tuesday, with 24-karat gold being sold at Rs424,136 per tola, down Rs5,600. Read more

• Pakistan committed to deepen cooperation with France

Pakistan is committed to further deepening its bilateral relations with France and enhancing cooperation in multilateral forums on issues of mutual interest. Read more

• Paramount Spinning remain non-operational

Three PSX-listed spinning mills, Paramount Spinning Mills, Gulistan Spinning Mills,and Gulshan Spinning Mills, remain non-operational entities, having gone through a Scheme of Arrangement sanctioned by the Sindh High Court to settle their existing liabilities through the sale of assets. Read more

• National Foods sets up new subsidiary in Sharjah

National Foods Limited's (PSX:NATF) wholly owned subsidiary, National Foods FZCO based in Dubai, has established a further subsidiary named National Foods Gulf (FZE) in Sharjah, UAE, as part of the company's strategy to expand its international business footprint. Read more

• HRPL gets $500,000 interest-free sponsor funding

Habib Rice Products Limited (PSX: HRPL) has approved obtaining an unsecured, interest-free loan of up to $500,000 from its sponsor shareholder, Mr. Gaffar A. Habib, to strengthen the company's liquidity position and meet its working capital requirements. Read more

• KAPCO shareholders approve $47.5m financing for Attock Cement stake

Kot Addu Power Company Limited's members have approved financing facilities and/or debt obligations of up to $47.5 million for the acquisition of shares of Attock Cement Pakistan Limited, along with related security, guarantees, indemnities, charges, mortgages and ancillary financing arrangements. Read more

• PSX Mid-Day: Red All Around

The Pakistan Stock Exchange (PSX) remained under intense selling pressure by midday on Tuesday, with the benchmark KSE-100 Index extending its steep decline as investors reacted to escalating geopolitical tensions and a sharp surge in global oil prices. Read more

• Pakistan invites Saudi investment in Power sector

Pakistan has extended a formal invitation to the Kingdom of Saudi Arabia's Energy Working Group to visit the country and explore priority investment areas in transmission infrastructure, digitalization, and smart utility technologies, following talks between a high-level Pakistani Power Sector delegation and Saudi energy officials in Riyadh. Read more

• Govt proposes refinery policy amendments to boost domestic diesel production

The government has proposed amendments to the Refinery Policy aimed at increasing domestic diesel production and reducing reliance on imported diesel, a move expected to strengthen the country's energy security. Read more

• Lucky Investments opens first Lahore branch

Lucky Investments Limited has expanded its nationwide footprint by opening its first branch in Lahore, marked a key milestone in the company's growth strategy. Read more

• Gold rebounds from two-week low ahead of US CPI

Gold prices rebounded on Tuesday after falling to a two-week low earlier in the session, with investors turning cautious ahead of the release of key U.S. inflation data that could influence the Federal Reserve's next policy decision. Read more

• FBR restricts 150 jewelers' accounts over non-compliance

The Federal Board of Revenue's (FBR) Directorate of Designated Non-Financial Businesses and Professions (DNFBPs), Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT), has directed banks to freeze operations of 150 bank accounts belonging to jewelers reporting entities over persistent non-compliance with anti-money laundering regulations. Read more

• NBP issues foreign exchange rates

The treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Read more

• Jazz International completes acquisition of TPL Insurance

Jazz International Holding Limited has completed its acquisition of a controlling stake in TPL Insurance Limited. Read more

• Asian markets fall on Hormuz tensions

Asian stock markets traded lower on Tuesday after renewed tensions in the Middle East weighed on investor sentiment, following U.S. President Donald Trump's announcement of new measures targeting Iran and shipping through the Strait of Hormuz. Read more

• Oil nears $85 as Trump moves to impose Hormuz fees

Oil prices climbed on Tuesday after US President Donald Trump said Washington would impose a 20% shipping fee on cargo transiting the Strait of Hormuz and reinstate a blockade of Iranian ports, which stoke fears of fresh disruptions to global crude supplies. Read more

• Agha Steel secures key Bank AL Habib restructuring deal

Agha Steel Industries Limited (PSX: AGHA) has entered into a bilateral debt restructuring agreement with Bank AL Habib Limited. Read more

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