Telenor Pakistan brings secure eSIM Technology
Today, Telenor Pakistan announced the launch of its advanced eSIM technology for its customers nationwide. As a pioneer in the industry, Telenor Pakistan is the first to offer a first-of-its-kind…
Ghandhara Tyre and Rubber Company Ltd. Ushers in New Era with Shandong Huasheng Rubber Co., Ltd
Ghandhara Tyre and Rubber Company Limited (GTR) has today marked a pivotal moment in its operational history by announcing the termination of its long-standing Royalty Technical Services Agreement with Continental…
BYD’s three highly anticipated models will be on Pakistani roads soon.
In partnership with Mega Motor Co, BYD, the world’s leading New Energy Vehicle manufacturer, hosted an experiential launch event at the Lahore Expo Centre. The company showcased its long-term vision…
Telenor Pakistan bolsters network in Gilgit Baltistan
Telenor Pakistan proudly announces the launch of its state-of-the-art 4G internet services in Hunza and the upgradation and expansion of its network in Gilgit and Skardu, marking a significant milestone…
Mobilink Bank partners with Systems Limited to drive superior customer experience
Pakistan’s leading digital microfinance bank, Mobilink Bank, has partnered with Systems Limited to leverage the power of Temenos Core, modernizing its core banking platform and boosting business and operational capabilities.…
PTCL Group to provide Managed WAN and All-In-One Desktop Projects for ZTBL sites
Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G), and the country's largest agriculture bank, Zarai Taraqiati Bank Limited (ZTBL), have signed an agreement for…
Auto sales fall to 8.6k units, down by 35% MoM
§ In Jul’24, the automotive industry saw a decline in sales, dropping to 8,600 units—a 35% decrease MoM but a 60% increase YoY, according to PAMA. § The MoM decline is mainly…
VLEKTRA VELOCITY has a range of 180 km on a single charge and costs under Rs1/km to operate.
In a pioneering moment for Pakistan's electric vehicle sector, VLEKTRA has successfully completed the first-ever intercity journey on an electric motorcycle from Karachi to Hyderabad. This historic ride, which took…
Jazz invests PKR 19 billion in H1 2024
Jazz, JazzCash, Mobilink Microfinance Bank, and digital services as VEON Group concerns in Pakistan reported an impressive 27.7% year-over-year revenue growth in USD terms for the second quarter of 2024.…
Pakistan’s tractor industry faces shutdown as Paapam seeks Prime Minister’s intervention
The Pakistan Association of Automotive Parts & Accessories Manufacturers (Paapam) has announced that the tractor industry is on the brink of a complete shutdown due to the Federal Board of…
GSMA highlights Pakistan’s digital progress and potential to spur accelerated economic growth.
Pakistan is poised to unlock its economic potential through accelerated digital transformation, according to a new report, “Realising Pakistan's Aspiration to become a Digital Nation,” launched today by the GSMA…
HUBCO to launch BYD passenger cars on 17th August in Pakistan
BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, will join forces with Mega Motor Company (Private) Limited, a subsidiary of Hub Power Company Limited (HUBCO), to host a grand…
Pakistan local mobile phones exhibit record sales in Jun-2024.
The Pakistan Telecommunication Authority (PTA) announced that 4.26 million mobile phones had been manufactured and assembled locally, a whopping 13 times increase from the previous year and a two-time increase…
Air Link Communication topline rising due to expansion in local demand: A buy call issued.
We initiate coverage on Airlink Communication (AIRLINK), Pakistan’s largest mobile manufacturing company. With a ‘Buy’ rating and a June 2025 target price of Rs155 per share, it offers a potential…
The unbreakable champion, realme C65 launched in Pakistan
If you've been searching for a phone that can withstand the vigour of your active lifestyle, including frequent phone drops whether you are running or biking, realme has announced the…
UPaisa integrated into Bookme to enhance the ticket purchasing experience
Leading digital financial service platform UPaisa has signed a strategic agreement with Bookme, Pakistan’s premier online ticketing platform, to integrate its payment API into the Bookme app and offer their…
“Zong launches doorstep delivery of nearly everything”
Zong 4G, Pakistan's leading telecommunication service provider, is excited to announce the launch of its new Online Booking Portal and Home Delivery Service. Zong is committed to making digital services…
EXIDE estimates a Lithium-Ion battery manufacturing facility requires a capex of approximately US$250m
Exide Pakistan Ltd. held its analyst briefing today to discuss MY24 results and its future outlook. The following are the key highlights: In MY24, the company posted a topline of…
Pakistan’s tractor manufacturing and parts industry faces a significant crisis: PAAPAM
Pakistan's tractor manufacturing and parts industry faces a significant crisis, threatening the stability and future of a sector that plays a crucial role in the national economy. With a substantial…
Al-Ghazi Tractors plans to launch an 85hp tractor line later this year to meet market demand.
Al-Ghazi Tractors Ltd. (AGTL) held its analyst briefing today to discuss CY23/1QCY24 results and the company's future outlook. The following are the key highlights: · Company posted earnings of PkR2.6bn (EPS:…
INDU: Improvement in gross margins to boost earnings in FY24
Indus Motor Company Limited (INDU) is scheduled to announce its FY24 financial result soon, where we expect the company to post a profit after tax of PKR 14.6bn (EPS: PKR…
MTL: Profitability to arrive at PKR 52.1/share in FY24
Millat Tractors Limited (MTL) is scheduled to announce its FY24 financial result soon. During FY24, we expect the company to post a profit after tax of PKR 10bn (EPS: PKR…
HCAR: Company to post earnings of PKR 3.4/share during 1QMY25
HCAR is expected to announce its financial result for the period ended 1QMY25 on 24th July'24, whereby we expect net profit to arrive at PKR 483mn (EPS: PKR 3.4), depicting…
VEON’s Jazz secures Pakistan’s largest Long-Term Private Sector Syndicated Credit Facility of up to PKR 75 billion
Amsterdam and Karachi, 22 July 2024: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that Jazz, its digital operator in…
Jazz secures landmark credit facility to enhance 4g network and promote digital inclusion nationwide.
Jazz, Pakistan's leading digital operator, has secured the largest private sector syndicated credit facility, totaling up to PKR 75 billion. The banking consortium was led by The Bank of Punjab…