PQFTL listed on PSX following strong IPO demand
In a defining milestone for Pakistan’s Islamic financial landscape, Pak-Qatar Family Takaful Limited (PQFTL) has become the first and only dedicated Family Takaful operator in Pakistan to be listed on…
Lucky Investments launches Shariah-Compliant Energy Fund
Lucky Investments Limited has announced the launch of the Lucky Islamic Energy Fund (LIEF), a Shariah-compliant, sector-focused equity fund that provides investors with exposure to Pakistan’s growing energy sector through…
Saquib Ahmad becomes global chief growth officer at Systems Limited
Saquib Ahmad has assumed the role of Global Chief Growth Officer at Systems Limited, a leading global technology and business process outsourcing company. In this capacity, he will focus on…
In 2025, the Pakistani rupee remained stable – Malik Muhammad Bostan
Chairman of the Exchange Companies Association of Pakistan, Malik Muhammad Bostan, has described 2025 as relatively better and more stable than 2024. He stated that the Pakistani Rupee remained strong…
OGDC discovers second formation in the Nashpa Block
Oil & Gas Development Company Ltd (OGDC) has announced a second formation discovery at the previously reported Baragzai X-01 well in the Nashpa Block, KPK. The newly tested Datta (Jurassic)…
aik by BankIslami meets the KPK governor to promote financial inclusion
Committed to its mission to advance Riba-free banking, the leadership of aik by BankIslami, led by Chief Officer Ashfaque Ahmed, met Khyber Pakhtunkhwa’s Governor Faisal Karim Kundi to discuss the…
PTCL acquires Telenor Pakistan and Orion Towers from 31st December 2025
Pakistan Telecommunication Company Limited (PTCL) today marks a defining moment in the evolution of Pakistan’s telecom sector, as it formally completes the acquisition of 100 percent of the issued share…
CEEJ meets with Muhammad Hanif Goher
A group photo of Chairman Air Karachi, Muhammad Hanif Goher, with the office-bearers of the Council of Economic and Energy Journalists (CEEJ), including Raja Kamran, Kashif Munir, Masood Ahmed Siddiqui,…
Pakistan saw local assembly of Mobile Phones up 7% MoM in Nov-25
As per the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile phone companies manufactured/assembled 2.49 million units during Nov 2025, up 8% YoY compared to 2.31 million…
Retail payment volumes rose to 2.8 billion transactions: SBP
The State Bank of Pakistan (SBP) has released its Quarterly Report on Payment Systems, which presents a comprehensive analysis of the existing payment ecosystem and key evolving trends shaping the…
The KSE-100 surged to 174,054 points in CY25
The KSE-100 surged to 174,054 points in CY25, delivering a robust 51% YoY return, according to a report by AHL Research. Among frontier markets, the KSE-100 has emerged as the…
KCA has not been fixing Daily Spot Rates of Cotton since 13-12-2025
The Karachi Cotton Association is surprised to note that some quarters are quoting Spot Rates of Cotton in various Social Media Groups and other platforms in the name of the…
K-Electric again conducts targeted crackdown in Karachi’s SITE
Barely a week after K-Electric (KE) conducted a massive crackdown in Karachi’s SITE, the power utility led an enforcement drive in the same area, as miscreants resumed theft of electricity…
COMLOG encourages the business community to invest in Pakistan’s Maritime Sector
Highlighting Pakistan’s vast untapped maritime potential, Commander Logistics (COMLOG) and Director General Naval Research & Development Institute (NRDI) Rear Admiral Muhammad Sohail Arshad urged the business community to proactively seize…
ABHI and Mahaana partner to empower the workforce financially
ABHI, the region’s neo bank of the future, and Mahaana Wealth, the country’s first digital-only asset management company licensed by the SECP, have joined hands to make financial empowerment accessible…
WAPDA generates 33.12 billion units of Hydel Electricity
Outgoing 2025 proved to be a satisfactory year for the Hydropower and Water Sectors in Pakistan. WAPDA consistently contributed large quantities of clean, green, and low-cost hydel electricity to the National Grid and achieved…
Groundbreaking of University Medical Complex set for Jan 4
A landmark moment for Karachi’s healthcare landscape is set to unfold on January 4, 2026, when a UN-accredited international medical relief organisation will break ground on its flagship University Medical…
Green Crescent Trust launches Rs 900m Ramazan drive
Laughter echoed, rides whirred, and young faces lit up with joy as 777 orphaned students from Sindh’s most underserved communities enjoyed a memorable day at Hyderabad’s historic Rani Bagh, during…
Arts Council Karachi’s School of Visual & Performing Arts hosts “The Bridging of Academia & Industry” session.
Arts Council of Pakistan Karachi’s School of Visual & Performing Arts organized a session titled “The Bridging of Academia & Industry” at Haseena Moin Hall. President of the Arts Council,…
Mian Zahid Hussain terms 2025 a year of economic stability
Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, as well as Chairman of the National Business Group Pakistan and FPCCI Policy Advisory…
Dr. Syed Amir Ali takes charge as President & CEO, Meezan Bank
Meezan Bank has appointed Dr. Syed Amir Ali as its new President and Chief Executive Officer, effective December 30, 2025. Dr. Amir Ali has assumed leadership of the Bank following…
PBA contextualizes discussion on ADR, IDR trends, calls for structural reforms
The Pakistan Banks Association (PBA) acknowledges the recent press spotlight on the banking sector’s role in the economy. While appreciating the media’s recognition of the industry's efforts in digitization and…
Zong advances launches self-intelligent RAN optimization platform
Zong, Pakistan’s leading information services and technology innovation company, has completed the pilot launch of its Self-Intelligent Radio Access Network (RAN) Optimization Platform, marking a significant milestone in the evolution…
Signs of macroeconomic improvement emerged in 2025: Zubair Motiwala
Chairman Businessmen Group (BMG) Zubair Motiwala, while describing the outgoing year 2025 as one of the most challenging and turbulent periods for Pakistan’s economy and business community, stated that the…
Pakistan’s economy showed vigorous improvement in the 1QFY26
Pakistan's economy showed vigorous improvement in the 1QFY26, achieving 3.71% YoY GDP growth. This represents a notable uptick compared to the 1.56% growth observed in the corresponding period of the…
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