FLASHNEWS:

Day: February 20, 2026

Pakistan Establishes Its Sovereign AI Position with the Adoption of the Islamabad AI Declaration

The Honourable Prime Minister has directed the Pakistan Digital Authority to operationalize and enforce a national AI Supervisory Framework aligned with the Declaration and to develop the necessary legal and governance architecture to ensure structured, accountable AI adoption across the country. Islamabad AI Declaration Islamabad, Pakistan, Feb. 20, 2026 (GLOBE NEWSWIRE) — Following the high-level […]

KIBOR Rates for February 2026 Announced by State Bank of Pakistan

KARACHI: The State Bank of Pakistan has released the Karachi Interbank Offered Rate (KIBOR) for various tenors for February 2026, showcasing stability across short-term and long-term borrowing rates in the interbank market.

According to State Bank o…

OGDC Reports New Oil and Gas Discovery in Kohat

Islamabad: Oil and Gas Development Company Limited (OGDC), a prominent player in Pakistan’s energy sector, announced on Friday a new oil and gas discovery at the Baragzai X-01 (Slant) exploratory well in the Kohat district of Khyber Pakhtunkhwa.

Acc…

KSE-100 Index Experiences Bearish Session with Declining Volumes

Karachi: The KSE-100 index encountered a bearish trading session marked by low volumes, as it opened positively but faced selling pressure throughout the day. Despite reaching an intraday high of 427 points, the index plunged to a low of 7,206 points …