UBL Becomes Second Most Valuable PSX Company
UBL – United Bank Limited has surged into the top five companies on the Pakistan Stock Exchange, clinching the third-place position with a market value of...
Azerbaijan Allocates $2 Billion Investment in Pakistan
Azerbaijan has committed to investing $2 billion across Pakistan’s energy and other economic sectors, marking a significant step in strengthening bilateral...
Microsoft Exits Pakistan after 25 Transformative Years
Microsoft has formally ended its business operations in Pakistan after a 25-year presence, marking a significant shift in the country’s tech environment. The...
Faysal Bank Ratings Upgraded by VIS Credit
VIS Credit Rating Company Pvt Ltd. has once again affirmed Faysal Bank Limited’s long-term and short-term entity ratings at, maintaining a stable outlook as of...
The Bank of Punjab and Surfin Meta Unite for Digital Innovation
The Bank of Punjab (BOP) has entered a strategic Memorandum of Understanding (MoU) with Singapore-based Surfin Meta Digital Technologies to assess and potentially...
World Bank Appoints New Director for Pakistan
Bolormaa Amgaabazar has been appointed as The World Bank’s new Country Director for Pakistan, effective July 1, succeeding Najy Benhassine. The announcement was...
Merit Packaging Sells Assets to Kompass Pakistan
During an Extraordinary General Meeting on June 27, 2025, shareholders of Merit Packaging Limited – A Lakson Group Company (MPL) approved the sale of significant...
CPEC Power Projects Face Mounting Payment Crisis
Chinese Independent Power Producers (IPPs) operating under the China-Pakistan Economic Corridor (CPEC) are facing severe financial strain due to unpaid dues amounting...
Pakistan Launches First AI Data Center Karachi
Data Vault Pakistan has officially unveiled the country’s inaugural AI-centric data center in Karachi a landmark development aimed at revolutionizing the nation’s...
Neem and Jubilee Life Digitize Insurance Payments Nationwide
Jubilee Life Insurance, Pakistan’s largest private-sector life insurer, has teamed up with the embedded finance platform Neem to digitize the insurance payment...
ABL Digitizes Railways with Nationwide POS Rollout
Allied Bank Limited (ABL) has announced a groundbreaking initiative to modernize the payment infrastructure across Pakistan Railways by introducing advanced Point...
Transworld Home and Zindigi Launch Cashback Payments
Transworld Home and Zindigi have announced a strategic partnership aimed at transforming Pakistan’s digital payment landscape. This collaboration introduces an...
Meezan and IBA-CEIF Train Future Islamic Financiers
Meezan Bank Limited and the Institute of Business Administration’s Centre for Excellence in Islamic Finance (IBA CEIF) have launched the second cohort of their...
Korea and Pakistan Strengthen Tech Training Partnership Initiative
Pakistan and South Korea have strengthened their collaboration in advanced technology and vocational education through a new Memorandum of Understanding signed at...
HBL and CRPL Launch Digital Supply Chain Financing
Habib Bank Limited (HBL) has teamed up with CRPL to introduce a cutting-edge digital supply chain finance solution aimed at empowering businesses. The platform is...
Pakistan Nominates Trump for Nobel Peace Prize
Pakistan’s government has officially announced its intention to nominate U.S. President Donald Trump for the 2026 Nobel Peace Prize, commending his “decisive...
Trump Extends TikTok Sale Deadline by 90 Days
In a third executive move this year, President Trump has signed a new 90-day extension for ByteDance to divest TikTok’s U.S. operations, postponing the impending...
Raqami and Haball Launch Shariah-Compliant SME Financing
Raqami Islamic Digital Bank has announced a strategic partnership with Haball to launch Shariah-compliant embedded finance solutions tailored specifically for Pakistan’s...
PayFast Integrates Google Pay for 5,000 Merchants
PayFast, a State Bank-licensed fintech in Pakistan, has officially rolled out Google Pay support across its merchant network. As the first payment gateway in the...
Careem Shuts Down Ride-Hailing Operations in Pakistan
Careem, the popular ride-hailing service owned by Uber, has announced it will be discontinuing its operations in Pakistan effective July 18, 2025. This decision...
Fauji Fertilizer Explores Strategic Investment in PIA
Fauji Fertilizer Company Limited (FFC), one of Pakistan’s leading conglomerates, has expressed its interest in acquiring a stake in the national flag carrier,...
SIMOSA Recognized as Pakistan’s Leading Lifestyle App
Jazz’s flagship self-care app, formerly known as Jazz World, has been rebranded as Simosa App short for “SIM One Stop App” with a modernized interface and...
Apple Unveils Permission Text for Child Safety
Apple is expanding its parental control features with a new tool called “Permission Text,” aimed at bolstering child safety and giving parents more oversight...
SECP Invites Feedback on VPS Rule Reforms
The Securities and Exchange Commission of Pakistan (SECP) has opened the floor for public consultation on proposed amendments to the Voluntary Pension System (VPS)...
Jazz Launches First National Tape-Ball Championship
In a bold and pioneering step, Jazz has introduced the country’s very first National Tape-Ball Tournament, aiming to bridge the informal yet passionate world of...
Halan Microfinance Bank Secures Nationwide License for Expansion
Halan Microfinance Bank, formerly Advans Pakistan, has received a nationwide expansion license from the State Bank of Pakistan following its acquisition by Egypt-based...
Raqami Launches Pakistan’s First Digital Islamic Bank
Raqami Islamic Digital Bank in partnership with Codebase Technologies, has launched Pakistan’s first fully digital Islamic retail bank. This pioneering initiative...
Standard Chartered and Emirates Partner to Elevate Experience
Standard Chartered Pakistan has partnered with Emirates to enhance client experience by offering exclusive travel-related benefits to premium banking customers....
IMF Permits Pakistan Tax Relief for Salaried Class
The International Monetary Fund (IMF) has agreed to let Pakistan lower tax rates for the salaried class in its upcoming federal budget. This move, aimed at...
PM Reforms to Drive Economic Stability Forward
Prime Minister Shehbaz Sharif emphasized that the government’s institutional reforms are key to steering Pakistan toward a more stable and competitive position...
Samsung and QistBazaar Launch Cash-Based BNPL Option
Samsung Electronics Pakistan has partnered with Qist Bazaar to introduce a cash-based Buy Now Pay Later (BNPL) option on its e-store. This collaboration enables...
Neem Partners with TPL Life to Expand Insurance
Neem has entered a strategic partnership with TPL Life Insurance Limited to broaden its insurance offerings. This collaboration aims to enhance Neem’s embedded...
Pakistan Grants First Blockchain Computing License
The Pakistani government has issued its first blockchain-based computing license to a local data center, marking a significant step in advancing the country’s...
Azerbaijan to Invest $2 Billion in Pakistan
Azerbaijan has announced a significant $2 billion investment in Pakistan, marking a milestone in the bilateral relations between the two nations. The announcement...
Government Pushes Digital Payments for Cashless Economy
The government is expanding digital payment options nationwide to reduce reliance on cash. This move aims to enhance financial transparency, improve transaction...
Google Expands Veo 3 Access via Gemini
Google has broadened access to its advanced video generation model, Veo 3, by integrating it into the Gemini app. This move allows more users to create...
Google Deepens TSMC Partnership for Tensor Chips
Google is strengthening its collaboration with TSMC to produce future generations of its custom Pixel Tensor chips. Moving away from Samsung’s foundry, the...
Reduced Hydel Output May Impact FY26 Tariffs
NEPRA has cautioned that lower hydropower generation could significantly influence the proposed electricity tariff adjustments for fiscal year 2025-26. The regulatory...
Visa Unveils Commercial Partners to Boost Fintech
Visa has launched the Commercial Integrated Partners program to accelerate innovation within the fintech ecosystem. This initiative brings together leading technology...
Telenor Pakistan Launches Next-Gen CMS Platform
Telenor Pakistan has introduced a Next-Generation Commission Management System (CMS) to streamline and enhance partner commission processes. This advanced system...
Alfalah Unveils Eatsy, Transforming Dining Payments
Bank Alfalah Limited, one of Pakistan’s largest commercial banks, has launched Eatsy, the country’s first bank-led restaurant app, introducing a seamless and...
Ferozsons Eyes Barrett Hodgson Acquisition Deal
Ferozsons Laboratories Limited, a prominent Pakistani pharmaceutical company, is reportedly considering the acquisition of Barrett Hodgson Pakistan (Pvt) Ltd through...
SBP Increases Capital Requirements for Microfinance Banks
On May 19, 2025, the State Bank of Pakistan (SBP) announced a significant revision to the Minimum Capital Requirements (MCR) for Microfinance Banks (MFBs), aiming...
IMF Flags Pakistan’s Rs1 Trillion Tax Gap
The International Monetary Fund (IMF) has raised concerns over a projected tax revenue shortfall of up to Rs1 trillion for Pakistan in the fiscal year 2025–26....
Pakistan’s First AI Business Podcast by Behtari
Behtari Capital, a Lahore-based investment platform, has launched Pakistan’s first AI-generated business podcast, “The Behtari Podcast.” This innovative podcast...
Standard Chartered Launches 7th Women Tech Accelerator
Standard Chartered Pakistan has launched the 7th cohort of its flagship Future makers Women in Tech Accelerator, reaffirming its commitment to empowering women entrepreneurs...
BankIslami and Sindh Fund Unite for SME Growth
BankIslami Pakistan Limited has partnered with the Sindh Enterprise Development Fund (SEDF) to boost financing for Small and Medium Enterprises (SMEs) across Sindh....
Neem and EFU Life Embed Insurance Seamlessly
Neem, a leading embedded finance platform, has partnered with EFU Life Assurance Ltd., one of Pakistan’s premier life insurance providers, to revolutionize the...
ICMAP Proposes Crypto Framework and CBDC Roadmap
In early 2025, Pakistan’s Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) proposed a comprehensive framework for cryptocurrency adoption...
IMF Grants $2.3 Billion to Pakistan Despite India Revolts
On May 9, 2025, the International Monetary Fund (IMF) approved a $2.3 billion financial assistance package for Pakistan, comprising a $1 billion disbursement under...