Fakt Exhibitions, Pakistan’s leading exhibitions organizing company, on Friday, opened SOLAR PAKISTAN – Country’s biggest and only dedicated solar energy exhibition at The Arena DHA, Multan. The mega event will continue from 26th to 28th July 2024 to transform the landscape of Solar energy in Pakistan. On the opening day of SOLAR PAKISTAN, Mr. Fuad…
The issue of Independent Power Producers (IPPs) in Pakistan is longstanding, with power plants operating since 1994. The primary challenge for Pakistan stems from the coal power plants installed under the 2015 policy as they were based on Imported fuel. The plants established under the 1994 policy are nearly decommissioned, and those set up in…
Zindigi continues to redefine financial convenience with its latest Advance Salary+ feature. Through this loan offering Zindigi will offer 3,6,9 & 12-month loans which enhance financing options for salaried individuals at the most competitive rates. Building on its AI-driven technologies, Zindigi now offers a hassle-free solution designed to meet the immediate financial needs without any…
The Aga Khan University Hospital (AKUH) has received the Chest Pain – MI Registry Platinum Performance Achievement Award for 2024. This is an award by the American College of Cardiology’s (ACC) National Cardiovascular Data Registry (NCDR). It places the Aga Khan University Hospital, Karachi among the world’s top hospitals for offering high-quality cardiac care to…
Zafar Masud, Chairman of the Oil and Gas Development Company (OGDCL) Board, commended the outstanding performance of Ahmed Hayat Lak, MD/CEO of OGDCL. In an interview with a private news TV channel, Chairman OGDCL Zafar Masud highlighted significant improvements in OGDCL’s operations since Ahmed Hayat Lak assumed leadership, attributing these gains to a strategy focused…
Kaacib a blue collar workforce company registered under the banner of SAF facilities management has acquired hundred percent stakes of Hukum Janab, making this five years old start up a part of Kaacib. The merger was announced in a ceremony held in Karachi today. Bashir Ahmed Farooqui the chairman of Saylani Welfare International Trust graced…
Black Box Sounds, an art and culture lab and communication for change organization, signed a Memorandum of Understanding (MOU) with Alliance Française. The ceremony was attended by esteemed delegates from the EU, including Piotr Buszta, First Counsellor and Head of Political, Trade, and Communication Section of the Delegation of the European Union to Pakistan. Also…
Eco-Green Motors Limited under Yousuf Dewan Companies introduces the Honri Ve 3.0, a stylish electric hatchback designed for the masses. Priced at 4,999,000 PKR, this vehicle is perfect for those looking to save on fuel costs while commuting daily, going to offices, taking family outings, managing daily chores, or enjoying city tours with friends and…
SLB (NYSE: SLB) is collaborating with Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest oil and gas exploration and production company, to develop a strategy for exploiting geothermal resources in hydrocarbon fields across Pakistan. As part of the collaboration, SLB will help OGDCL develop a plan for evaluation of the geothermal potential of 25…
The government has disallowed 25% Sales Promotion, Advertising and Publicity (SAP) expense creating a significant marketing cost especially to multinationals that rely on advertising to sell fast moving consumer goods (FMCG). This means a higher tax liability for foreign companies, already struggling with current macroeconomic conditions. It also means an anti-competitive and discriminatory landscape targeting…
n World Food Safety Day Cheezious announced the launch of “Special Kitchen Tour Series.” This initiative is designed to provide an exclusive, behind-the-scenes look at our kitchen facilities, showcase the stringent Standard Operating Procedures (SOPs) we follow, and highlight the extensive measures we take to maintain and elevate food safety standards. As part of this,…
A recent study by the Lahore University of Management Sciences (LUMS), titled ‘Impact of Taxation on the Cigarette Sector in Pakistan’, has uncovered a pressing issue that demands immediate attention-the impact of tax policies, particularly Federal Excise Duty (FED) adjustments, on Pakistan’s cigarette industry which is causing more loss to government in revenues loss than…
Pakistan Tobacco Company Limited (PTC) announced the launch of its ‘Made in Pakistan 3.0’ initiative, marking a significant milestone in the company’s journey of innovation and economic contribution. The initiative will see the export of PTC’s modern oral tobacco-free nicotine pouches, Velo, to Japan, expanding Pakistan’s footprint in the global market and bringing in potential…
Current excise duty structure on tobacco products had pushed the consumers to down-trade from legally compliant cigarette brands to illegal tax-evaded brands easily available all across Pakistan, because of which the national exchequer was expected to face a revenue loss of around PKR310b annually with illicit cigarette brands having more than 60% of the total…
For generations, the rishta culture in Pakistan has dictated how love and marriage are pursued, often leading to stress, superficial judgments, and unmet emotional needs. The traditional rishta culture in Pakistan, while cherished by many, can sometimes feel restrictive. Family involvement is key, which is wonderful for honouring tradition and our religious values. But it…
BAT, one of the world’s largest multi-category consumer goods companies, has officially launched its Global Business Solutions (GBS) hub in Lahore. The grand event ‘Digital Destination Pakistan’ included a ribbon-cutting, a tour of the hub, and presentations by senior leaders of the GBS Pakistan hub where they reiterated Pakistan’s potential as a tech hub. BAT…
With 800 households, Megwarh is a small village near Umerkot Sindh, birth place of the great Mughal Emperor Akbar. Coca-Cola has set up a filtration plant in the village with a maximum capacity of disbursing 1000 liters per hour. The solar-powered pump uses ultrafiltration system to clean water which women of this community earlier fetched…
Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, inaugurated Arabian Travel Market (ATM) 2024, the leading global travel and tourism event being held at the Dubai World Trade Centre (DWTC) from 6-9 May, The record-breaking edition…
Zong 4G, Pakistan’s top telecom operator, has joined hands with D3 Communications to eliminate the digital divide in Pakistan and empower the public through high-speed internet connectivity. D3 Communications stands at the forefront of the industry as a premier supplier of IT infrastructure and network deployment services, specializing in comprehensive support and implementation of voice,…
Shan Foods, one of Pakistan’s longstanding food companies, has unveiled its brand new corporate identity under the name of Shan Shares. The culinary giant, which dominates the South Asian cuisine landscape in more than 70 countries worldwide, has been famous for its ‘Taste Happiness’ tagline since its inception from a single-room operation in 1981. The…
WWF-Pakistan organized a World Water Day seminar and a field visit to the University of Engineering and Technology (UET), Lahore where two groundwater recharge wells have been constructed as part of the Ravi River Restoration Project. The event brought together industry experts, academia, and members from the Ministry of Water Resources to witness the ongoing…
TrustDecision is forging a pivotal partnership with Rapid, Pakistan’s leading in-country cloud service provider, to deliver its cutting-edge fraud, credit risk, and compliance solutions. This collaboration will empower commercial banks, Electronic Money Institutions (EMIs), Digital Retail Banks (DRBs), and e-commerce platforms to harness TrustDecision’s comprehensive services within Pakistan, fostering enhanced security and operational efficiency. Leveraging…
As part of AKDN’s commitment to net zero by 2030, the Aga Khan University (AKU) is installing its largest solar photovoltaic (PV) project to date. To commence the project, a signing ceremony was held with Exide Pakistan Limited, who will be executing the project at AKU’s Stadium Road Campus in Karachi, Pakistan. Renewable energy is…
Just like Albert Camus came out with this notion, “In the midst of winter, I found there was, within me, an invincible summer”, Joy Christopher Riveral Dulay, a man of inspiration in contemporary times who came from humble beginnings was born in the chilly month of December 1990. This man is now a shining star…
foodpanda, Pakistan’s leading delivery platform, remains steadfast in its commitment to prioritize the health and safety of its riders. Teaming up with prominent healthcare entities, foodpanda has distributed safety kits to its dedicated delivery riders in Punjab. This collaborative effort involves partnerships with reputable companies such as Herbion Pvt Ltd, Martin Dow Market Ltd, Bright…
Coca-Cola Pakistan with Rizq, a local non-profit organization will continue their shared vision of a hunger-free Pakistan for the fourth consecutive year. Starting from this Ramadan, the partnership aims to distribute over 8 million meals across 9 cities benefitting more than 150,000 people throughout the year. Additionally, through GroRizq- Kissan Dost Program, they are providing seeds to farmers to grow crops. In the previous years, together, the partnership distributed over 6 million meals to those in need, nationwide and helped over 1000 small farmer families and rehabilitated over 500 acres of land that were grappling with the effects of devastating 2022 floods.
The Aga Khan University Institute for Educational Development (AKU-IED) launched its newest academic offering – a 1.5 year Bachelor of Education (BEd) programme while commemorating UNESCO’s sixth International Day of Education 2024. The theme for this year’s International Day of Education is to promote inclusive and quality education for all. Faced with the daunting tasks…
Al Jalil Developers, a pioneering name in Pakistan’s real estate sector, has announced a landmark partnership with AdPluto, a leading-edge, self-serve media buying platform. This collaboration was commemorated in a MoU signing ceremony held in Lahore, graced by the presence of members from both sides. This strategic alliance marks Al Jalil Developers as the first…
Khushhali Microfinance Bank Limited (KMBL), the first-specialized microfinance bank in Pakistan, commemorated its achievement for the fiscal year 2023 (FY 2023). The newly established recovery unit of the microfinance bank has set new benchmarks, achieving a milestone of over PKR 01 Billion in recoveries from the charge-off portfolio through its newly established recovery unit and…
A momentous achievement in Pakistan’s media industry unfolds as a cutting-edge, fully self-serve media buying platform is unveiled, setting new benchmarks for efficiency and transparency in digital advertising. This groundbreaking development marks a pivotal moment for advertisers, media agencies, and businesses nationwide. Crafted by a consortium of industry leaders, AdPluto is a fully automated platform that pledges…