Pakistan Autos FY26 closed with 39% YoY growth in auto sales
Industry auto sales rose to 22.7k units in Jun'26, up 5% YoY and 29% MoM, bringing FY26 total to 206k units, a 39% YoY increase. The rebound in Jun’26 was…
PCDMA objects to 50% of imported raw materials sold locally without value addition
The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has raised concerns about the federal government's decision to allow manufacturers to sell up to 50% of imported raw materials in the…
LUMS celebrates the Graduating Class of 2026
The Lahore University of Management Sciences (LUMS) held four Convocation ceremonies over two days, honoring over 1,500 graduates from its five schools—business, humanities, law, science and engineering, and education. Family,…
Select Technologies successfully completes IPO, raising PKR 3.02 billion
Select Technologies Limited ("SELECT"), a leading Pakistani technology company engaged in the manufacturing and assembly of smartphones and consumer appliances, has successfully completed its Initial Public Offering ("IPO"), receiving a…
The Vancouver Fraser Port Authority has selected TerraMarine for he Roberts Bank Terminal 2 Project
The Vancouver Fraser Port Authority has selected TerraMarine as the preferred proponent for the landmass and wharf components of the Roberts Bank Terminal 2 Project. This milestone supports Prime Minister…
Lucky Investments opened its first branch in Gulberg, Lahore,
Lucky Investments Limited, one of Pakistan's fastest-growing Shariah-compliant Asset Management Companies, has opened its first branch in Gulberg, Lahore, marking a significant step in its nationwide expansion. The inauguration, led…
Standard Chartered announces appointment of Pakistan CEO
Standard Chartered Pakistan has appointed Adil Salahuddin as Chief Executive Officer & Head of Coverage, pending regulatory approvals. Rola Abu Manneh, CEO for UAE, Middle East, and Pakistan, stated that…
EBM and NOWPDP launch Neuro-Inclusive Discovery room for children with developmental disabilities
English Biscuit Manufacturers (EBM), in partnership with NOWPDP inaugurated Pakistan’s first Neuro-Inclusive Discovery Room at the Center of Excellence for Disability Inclusion (CEDI) in Korangi, Karachi. Developed with the experiential…
BankIslami, EFU Life and EFU General Insurance to expand access to affordable microtakaful protection
BankIslami has teamed up with EFU Life Assurance and EFU General Insurance to offer affordable microtakaful protection through its mobile banking app. Customers can enroll, pay, and claim coverage for…
ABHI Microfinance Bank partners with Saif Group to launch earned wage access for employees
ABHI Microfinance Bank has entered into a strategic partnership with Saif Group to introduce its Earned Wage Access (EWA) solution for the Group's workforce. The collaboration marks another step towards…
PSO is well-positioned for sustainable earnings growth: AL Habib Capital Markets
AL Habib Capital Markets Pvt Ltd has re-initiated coverage on Pakistan State Oil (PSO) with a BUY rating and a target price of PKR 447/share by June 2027, implying a…
Karachi Port welcomes 398.5m mega vessel MSC ERICA at SAPTL
One of the world's largest container vessels arrived at Karachi Port on July 12, 2026, showcasing the port's ability to accommodate ultra-large container ships. The vessel, MSC ERICA, has a…
EU supports young Pakistanis in economic opportunities, climate action, and community leadership
With young people facing growing challenges ranging from unemployment and climate vulnerability to limited opportunities to participate in public decision-making, a new EUR 1.2 million initiative, co-funded by the European…
Raisa Adil has been appointed as EDG and PIO of the PID
The Government of Pakistan has issued transfer and posting orders for Grade-20 officers of the Information Group, including Ms. Raisa Adil, Mubashir Hassan and Muhammad Shahzad. The Ministry of Information…
Investor briefing session held with the Ministry of Finance at PSX
Pakistan Stock Exchange (PSX), in collaboration with the Ministry of Finance (MoF), hosted an Investor Briefing Session at the Dr. Shamshad Akhtar Auditorium. The session brought together senior representatives of…
Sitara Petroleum Service: AHL Research sees strong growth ahead
AHL Research Ltd has published a promising outlook on Sitara Petroleum Service Ltd (SPSL), highlighting the company’s transition into its next growth phase. The report underscores SPSL’s plan to expand…
Mian Zahid Hussain stated that Pakistan must now pay more attention to Inland Water Transport
Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum (PBIF) & All Karachi Industrial Alliance (AKIA), Chairman National Business Group Pakistan (NBG), Chairman FPCCI Policy Advisory Board and Former Provincial…
NIPPON HEV launches Pakistan’s first hydrogen mobility and advanced battery ecosystem
NIPPON HEV has officially launched hydrogen-powered vehicles and advanced battery solutions in Pakistan, signaling a significant move towards clean mobility. The event, attended by former Federal Minister SM Munir and…
Pakistan’s digital economy exceeds $4.5B IT exports in FY26
Pakistan’s digital export economy is entering a more mature and strategically diversified phase, driven by record-breaking growth, with the country exporting approximately $4.5 billion in IT products in fiscal year…
Faysal Bank accelerates the groundbreaking of a branch in the digitally enabled village of Papnakha
Faysal Bank (FBL) has initiated a rural financial inclusion drive in Papnakha Village, Gujranwala, as part of ongoing efforts aligned with the State Bank of Pakistan’s National Financial Inclusion Strategy…
How small businesses can actually get investments
For most small business owners in Pakistan, the word "investment" still conjures images of venture capital decks, Silicon Valley-style pitch competitions, and funding rounds meant for tech startups. But a…
Al-Shifa Trust warns heat and humidity harm eye health
Doctors at Al-Shifa Trust Eye Hospital have warned that persistent heat and high monsoon humidity are contributing to a rise in dry eyes, irritation, redness and blurred vision, urging people…
ECO CCI proposes Pakistan–Türkiye joint business meeting to reach $5 billion trade target
The President of the ECO Chamber of Commerce and Industry (ECO CCI) and FPCCI Atif Ikram Sheikh has proposed convening a Pakistan–Türkiye Joint Business Meeting under the auspices of ECO…
SBP’s FX reserves increased by US$1,944 million
The total liquid foreign reserves held by the country stood at US$ 23,988.7 million as of 3-Jul-2026. The breakdown of the foreign reserves position is as follows: Foreign reserves held…
BankIslami recognized as Pakistan’s best Islamic Digital Bank by Euromoney
For the second consecutive year, BankIslami has been awarded Pakistan’s Best Islamic Digital Bank by Euromoney, reflecting its commitment to innovation and technology in Shariah-compliant banking. This recognition follows the…