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Author: yasir
Fasset, an American-founded digital banking and investment platform, announced its plans to enter the Pakistani market through a strategic partnership with Habib Rafiq Limited (HRL) at a high-profile event in Islamabad, signaling a major shift in how global capital interacts with Pakistani assets. The gathering drew an influential crowd of senior government officials, business leaders, and digital economy stakeholders. Shaza Fatima Khawaja, Federal Minister for IT & Telecommunication attended as a Chief Guest, along with Jahanzaib Zahid Vice Chairman, HRL Group, Raafi Hossain, CEO and Co-Founder of Fasset, senior government officials, business leaders, international organizations, embassy representatives, celebrities, and key…
In a landmark collaboration that celebrates Pakistan’s creative excellence and entrepreneurial vision, IMARAT Group of Companies and HSY (Hassan Sheheryar Yasin) proudly announce the launch of IMARAT’s Signature Apartments at IMARAT Downtown Islamabad, featuring interiors exclusively designed by HSY Home. Launching on 14th February 2026, this first-of-its-kind partnership brings together two homegrown power brands — one that has redefined urban development in Pakistan, and another that has shaped the country’s fashion identity for over three decades. At its core, this collaboration is about belief in Pakistani talent, Pakistani innovation, and Pakistani design. IMARAT’s forward-thinking approach to architecture, urban planning, and…
LFW Presents, a new fashion and culture presentation platform by the creators of LAAM Fashion Week, debuted with a solo showcase by acclaimed designer Hussain Rehar, set against the historic backdrop of Islamia College. LFW Presents is co-founded by LAAM, led by Amir Iqbal (Co-Founder & COO) and Arif Iqbal (Co-Founder & CEO), and Design651, led by Saad Ali (Founder & CEO, Design651 and CEO, PFDC). It is a year-round, curator-led fashion and culture platform designed to extend the creative governance, credibility and production excellence of Fashion Week beyond the seasonal calendar. It is an invitation-driven extension of LFW, delivering…
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 13, 2026, approved the Bank’s financial results for the year ended December 31, 2025. Bank Alfalah reported profit after tax (PAT) of PKR 28.34 billion for the year ended December 31, 2025, translating into earning per share of PKR 17.97 compared to PKR 24.30 for 2024. The Board of Directors also declared final cash dividend of PKR 3.00 per share (30%), cumulatively bringing the cash dividend payout for the year to PKR 10.50 per share (105%). In a significant move to enhance share liquidity and…
IPAK Group has delivered another strong performance for the half year ended 31 December 2025, resulting in a consolidated net profit to PKR 1.47 billion compared to PKR 377 million in the corresponding period last year, translating into an earnings per share (EPS) of PKR 2.19, highlighting the Group’s strengthening operational leverage and financial resilience. The robust financial result reflects continued operational discipline, higher capacity utilization across subsidiaries, and sustained growth in export markets. Group’s consolidated sales increased by 19.8% to PKR 19.46 billion, supported by improving demand dynamics and the Group’s integrated manufacturing platform spanning BoPP, CPP, and BoPET…
The 11th MCAP-BNU International Media Conference concluded at Beaconhouse National University (BNU), Lahore, bringing together academics, journalists, policymakers, and media professionals from Pakistan and abroad to deliberate on critical challenges facing contemporary media and communication. Jointly organized by the Media and Communication Academic Professionals (MCAP) and Beaconhouse National University (BNU), the two-day international conference focused on the theme “Reclaiming Hope: Media, Activism & Social Justice” addressing the growing need for ethical journalism, inclusive narratives, and regional media cooperation in an era of rapid digital transformation. The conference was inaugurated by Dr Moeed Yusuf, Vice Chancellor, Beaconhouse National University, along with …
Najmi Healing Energy, an Islamic spiritual-scientific healing method, was first introduced through the book Najmi Shifai Tawanai (Najmi Healing Energy) authored by Dr. Syed Shahzad Ali Najmi. The book was originally published in Urdu in July 2013 by Al-Sehat Foundation, Karachi, Pakistan. In response to growing international interest, the work has now been released in several major global languages. The Russian edition was published on November 17, 2025, by Najmi International, Moscow, Russia. The German edition was released on July 10, 2025, in Berlin, Germany, while the English edition was published on July 2, 2025, in Denver, USA. All editions of the book are available free of charge online for study and to promote the dissemination of knowledge…
Mashreq, a leading financial institution in the MENA region, has announced the launch of a groundbreaking cross-border service for its UAE-based Pakistani customers. For the first time, the bank’s Pakistani customers living in the UAE can now open accounts with Mashreq Pakistan fully remotely, enjoy a single view of their accounts and transfer money instantly – all through the Mashreq UAE mobile app. The new digital service is available to Pakistani nationals who hold an account with Mashreq UAE. It eliminates the need for physical documents or in-person visits to branches in Pakistan, replacing the traditional manual account-opening process…
Pakistani freelancers generated over $500 million in foreign exchange earnings during the first half of the current financial year 2025-26, reflecting the growing strength of the country’s digital economy and the expanding global demand for Pakistan’s skilled workforce. According to data released by the State Bank of Pakistan (SBP), the export receipts earned by freelancers of computer and information services increased to $557 million during the period of July to December 2025 as compared to $352 million foreign exchange earned by freelancers’ community during a similar period of the last financial year, showing a staggering 58 percent year-on-year growth. The…
United Bank Limited (UBL) has successfully executed a PKR 20billion Interest Rate Swap (IRS) transaction with a subsidiary of Engro, one of Pakistan’sleading conglomerates. This landmark deal further strengthens UBL’s position at theforefront of Pakistan’s developing derivatives and risk management market, following itshistoric PKR 75 billion IRS transaction earlier this year — the largest such transactionever concluded in the country.The latest transaction enables Engro to effectively hedge interest rate risk on its long-term local currency exposure, enhancing cash flow visibility and reinforcing its financialrisk management framework. The deal reflects growing corporate confidence insophisticated treasury solutions and signals continued momentum in…
