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Mashreq, one of the leading financial institutions in the MENA region, has delivered exceptional results for the full year 2025, marked by transformational international expansion, record loan and deposit growth, and a strategic repositioning as the connector bank for emerging trade corridors spanning Asia, the Middle East, Europe and North America. Operating income reached AED 12.6 billion, while…
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As families across Pakistan begin preparing for Ramadan, a month rooted in reflection, generosity, and togetherness, Daraz Pakistan has announced the launch of its Grand Ramadan Bazaar, a nationwide shopping campaign designed to help customers get ready for the month with greater convenience and affordability. Running from 1 February (8:00 PM onwards) to 2 March,…
Zong, Pakistan’s leading information services and technology innovation company, has signed an agreement with the Pakistan Environmental Protection Agency (Pak-EPA) to launch a comprehensive Tree Plantation Drive across Islamabad, under its Green and Low Carbon Initiatives. The agreement was formally signed during a ceremony held at Zong Headquarters. The initiative was inaugurated with the plantation…
Wafi Energy Pakistan Limited and Hyundai Nishat Motors have signed a strategic agreement for the supply of Shell lubricants for Hyundai vehicles in Pakistan. The contract signing ceremony held in Lahore marked the launch of Shell Helix HX8 0W-20 AH, a lubricant developed as per Hyundai engine requirement. The ceremony was attended by senior leadership,…
The Institute of Chartered Accountants of Pakistan (ICAP) conducted the Grand Finale of the National Finance Olympiad (NFO) 2025, organised under the auspices of ICAP’s Professional Accountants in Business (PAIB) Committee, bringing together finance professionals, industry leaders, and academics from across the country. The event commenced with a welcome address by Mr. Samiullah Siddiqui, Chairman…
Ibtisam Babar, Head of Zindigi Prize, has been awarded with the “Future Leader of the Year” Award at the 27th edition of ITCN Asia, in recognition of his pivotal role in advancing Pakistan’s startup ecosystem and empowering the next generation of youth entrepreneurs across the country. Organized by Ecommerce Gateway Pakistan (Pvt.) Ltd., ITCN Asia…
Daraz Pakistan, under its Daraz Cares arm, has announced a dedicated support initiative for sellers impacted by the recent fire at Gul Plaza in Karachi, aimed at helping affected businesses regain stability and continue serving customers across Pakistan. Through this initiative, Daraz Pakistan will launch a dedicated segment and page on its platform (app and…
Tech Valley Pakistan has been honored with the Sales Leadership Award at the Global Partner Forum 2026, held in London. The award was received in person by Umar Farooq, CEO of Tech Valley, recognizing the organization’s leadership and impact in building Pakistan’s digital education ecosystem. This international recognition reflects the collective effort, dedication, and long-term…
As a joint initiative of the Pakistan Banks Association (PBA) and the State Bank of Pakistan (SBP), Pakistan’s banking sector concluded its first-ever Industry-wide Cyber Drill, a week-long exercise held from 12 to 19 January 2026 in Karachi and Lahore, with a closing ceremony in Karachi. Governor SBP, Mr Jameel Ahmad, who graced the occasion…
Zong, Pakistan’s leading information services and technology innovation company, has reinforced its strategic focus on digital intelligence innovation and sustainable development by expanding its collaboration with Knowledge Platform. The partnership, now in its fourth year, was formalized at a signing ceremony held at Zong headquarters. Through this collaboration, Zong continues to scale its Digital Scholars…
On the sidelines of the World Economic Forum (WEF) Annual Meeting 2026 in Davos, Syngenta Group CEO Jeff Rowe had a one-on-one meeting with the Finance Minister of Pakistan, Senator Muhammad Aurangzeb, to discuss Pakistan’s agricultural priorities and opportunities for strengthened collaboration. The high-level engagement underscored Pakistan’s strategic importance as a key partner and potential…
Pakistan’s first digital Islamic banking platform, aik by BankIslami, has launched aikPay — Pakistan’s first Shariah-compliant Raast-enabled QR Payment Gateway. Built on the State Bank of Pakistan’s Raast infrastructure, aikPay enables real-time online payments through dynamic QR codes, allowing customers to pay instantly from their bank accounts and enabling merchants to receive payments securely through…
As Pakistan advances steadily toward a comprehensive transition to a fully Shariah-compliant finance guided by national reforms, regulatory initiatives, and a growing public demand, the conversation around Islamic economics has evolved beyond theoretical debates into questions of implementation, innovation, and scalability within a rapidly digitizing economy. Considering this, AlBaraka Forum for Islamic Economy is organizing…
BingX, a leading crypto exchange and Web3-AI company, today announced a multi-year partnership with Scuderia Ferrari HP, marking BingX’s first motorsport collaboration and Scuderia Ferrari HP’s first-ever collaboration with a crypto exchange brand. This historic alliance brings together two global brands known for pushing the boundaries of performance and innovation. Partnering with Scuderia Ferrari HP…
The 27th ITCN Asia, Pakistan’s largest and most influential technology and innovation exhibition, will take place from 17 to 19 January 2026 at the Expo Centre Lahore, convening the country’s digital, technology and startup ecosystem for a flagship three-day event. Organized by Ecommerce Gateway Pakistan with Tech Destination Pakistan as the presenting partner and held…
In a landmark development for taxpayers across Pakistan, the Supreme Court has ruled that the Federal Board of Revenue (FBR) cannot treat the total credit balance in a bank account as taxable income without specific verification. The judgment strikes a blow against the revenue body’s growing reliance on automated notices, declaring that bank statements alone…
For decades, the concept of “National Security” in Pakistan was dominated by maps, borders, and hardware. It was about tanks, jets, and the Line of Control. But in 2024, the definition of security has undergone a seismic shift. The most dangerous threat to the state today is not an invading army, but a defaulting treasury….
Pakistan Telecommunication Company Limited (PTCL), the parent company of U Microfinance Bank Limited (U Bank), has approved a capital injection of PKR 15 billion* (approximately USD 53 million) into the Bank, one of the largest equity injection transactions in the industry. The capital injection is intended to support U Bank’s sustained growth trajectory and the…
The Pakistan Banks Association (PBA) today highlighted the banking sector’s robust contribution to Pakistan’s ongoing economic revival, citing a record surge in private sector credit during the current financial year. Commercial banks have extended approximately Rs 1.5 trillion in financing to the private sector in FY26, a surge in liquidity that is driving 8.33% growth…
The International College for Legal Studies (ICLS) achieved a historic milestone in legal education with the formal inauguration of its new purpose-built campus on November 18, 2025, located on Main Kamahan Road, opposite DHA Phase V Extension, Lahore. The vision and tireless efforts behind this significant expansion were led by the CEO and Dean of…
Day Two of the Young Leaders Conference (YLC) 2025 focused on the theme “Manifesting Social Stewardship,” encouraging young leaders to translate personal growth into ethical leadership and sustainable community impact. The day opened with reflections on collective responsibility, followed by “Leaders as Stewards” by Mr. Kamran Z. Rizvi, emphasizing integrity, empathy, and long-term thinking in…
MOL Pakistan has successfully launched the Youth Impact and Community Empowerment Program in Kohat, marking another milestone in the company’s commitment to inclusive and sustainable community development. The program will run over a period of three months and will engage 45 participants from local communities. The initiative follows a Memorandum of Understanding (MoU) signed earlier…
The 23rd edition of the Young Leaders Conference (YLC) 2025 commenced today with an inspiring opening day centered around the theme “Manifesting Personal Development.” Bringing together young leaders from across Pakistan, Day One set the tone for six transformative days of reflection, learning, and leadership-building. The opening day emphasized a core belief of YLC: meaningful…
In 2025, BingX achieved 100% user growth, with a peak 24-hour trading volume surpassing $26 billion, underscoring strong global adoption and momentum. AI-native Crypto Pioneer: BingX made an industry-first $300 million commitment to AI integration, positioning AI as a core growth engine. The company successfully launched two AI-powered trading tools to enhance user decision-making and…