Author: yasir

SUMMAT, the contemporary luxury label led by Creative Director Summat Iqbal, marked its official launch with a high-profile event at Fuoco, Lahore, drawing some of the country’s most influential names in fashion, design, curation and digital culture. An intimate preview of SUMMAT’s inaugural collections was presented to leading figures from Pakistan’s fashion and creative landscape, including Kamiar Rokhni, Mohsin Naveed Ranjha, Rehan Bashir, Fawad Khan, and Sadaf Fawad, alongside prominent stylists, models, fashion tastemakers, and socialites. Guests explored the collection through curated installations and a couture craft table; a multi-dimensional introduction to SUMMAT’s precision-led tailoring and architectural design codes. Throughout…

Under the umbrella of the Punjab Family Planning Program (PFPP), Health and Population Departments, Punjab, a new on-ground initiative, Behtar Qadam, has been launched in November to foster a NAYI SOCH – a new way of thinking – about family planning in the country’s most populous province. Implemented with partners Rayn and Riz Consulting, the outreach program does not enforce choices; it stands alongside families as a partner in life, engaging women and husbands, youth, extended families, community members, NGOs/Community based organisations and religious scholars across all 41 districts of Punjab. Rooted in shared values of responsibility, compassion, and thoughtful…

foodpanda recently announced a double-digit year-on-year increase in merchant sign-ups across Asia, underscoring its growing role as a trusted growth partner for local businesses. The milestone reflects foodpanda’s ongoing commitment to merchant care and success across Asia Pacific (APAC). Turning challenges into growth opportunities To help merchants navigate an increasingly competitive environment, foodpanda has introduced a range of initiatives across the region. These efforts span four key areas: 1. Personalised Support: Dedicated account managers and streamlined onboarding processes ensure merchants receive hands-on care from day one, helping them get online and reach customers quickly. 2. Growth Tools: foodpanda is supporting…

The public subscription of Pak Qatar Family Takaful Limited’s IPO witnessed strong investor demand, with applications received for 47.84 million shares against an issue size of 12.50 million shares, resulting in an oversubscription of approximately 3.8x. The public offering was held on 17–18 December 2025. A total of 7,942 applications were received, amounting to PKR 862 million. As per the allotment criteria, applications for up to 2,000 shares will receive full allocation, while applications above this threshold will be allotted on a pro-rata basis. Earlier, the book-building portion of the IPO was also met with strong demand, being oversubscribed by…

A landmark initiative aimed at supporting the continued development of Islamic banking and finance in Pakistan was marked with the inauguration of the Irfan Siddiqui Center for Advancement of Islamic Finance at the National Institute of Public Administration (NIPA). The Center has been established to commemorate Mr. Irfan Siddiqui, widely recognized as a pioneer and leading architect of modern, full-fledged Islamic banking in Pakistan, in recognition of his visionary leadership, institution-building role, and exemplary contributions to the sector. Under his stewardship, Islamic banking evolved from a niche concept to a mainstream component of the country’s financial system, supported by strengthened…

Engro has marked a historic milestone in Pakistan’s landscape with the execution of a Rs 133 billion transaction entirely through 100% Islamic financing, to grow its telecom infrastructure vertical. This funding has enabled the addition of Deodar (and its 10,000+ telecom towers) to Engro’s portfolio. This underscores Engro’s commitment to driving digital transformation while supporting Pakistan’s determination to fully transition to an Islamic banking system. A celebratory event brought together all participants of the transaction, including the presidents of banks, legal and financial advisors, Engro’s teams, and the Governor of the State Bank of Pakistan, Mr. Jameel Ahmed. He commended…

Punjab Central Business District Development Authourity (PCBDDA) also known as Central Business District Punjab (CBD Punjab), has significantly accelerated construction work on CBD Walk, a premium retail destination being developed on CBD Route 47, further reinforcing Lahore’s emergence as a modern commercial hub. The project comprises 32 retail units of four marlas each, designed to offer a fine retail experience with contemporary urban aesthetics. CBD Punjab is progressing ahead of its planned schedule, reflecting strong project management, effective coordination and full mobilization of resources at site. Major construction milestones have already been achieved, including excavation, earth compaction, lean concrete, steel…

ABHI and Zignaly, the global crypto investment and asset-management platform, announced a landmark partnership to introduce Zignaly’s first Real-World Asset (RWA) private credit offering in United Arab of Emirates. This milestone enables global stablecoin investors to earn short-duration, asset-backed yield generated directly from ABHI’s SME receivables portfolio with minimum ticket sizes as low as $10, according to the press released issued by ABHI. The product creates a direct bridge between on-chain liquidity and real economic activity. Through this product, ABHI will finance short-term SME receivables using stablecoin capital sourced via Zignaly’s 650k+ users who will gain exposure to yield…

Meezan Bank, Pakistan’s leading Islamic bank and one of the largest banks in the country in collaboration with Haball, has announced a major expansion of the Wisaaq digital supply chain financing platform through the launch of a new Murabaha-based financing facility with Dawlance, Pakistan’s leading home appliance manufacturer. This innovative initiative enables Dawlance’s distributors to access instant, digital, and Shariah-compliant financing for inventory procurement directly from Dawlance. The facility is designed to strengthen distributor liquidity streamline supply chain operations, and support sustainable business growth across the country. Wisaaq transforms the financing journey for distributors by eliminating manual reconciliation and lengthy…

Coca-Cola Pakistan has partnered for the Waste Wise Management Bins with the Environmental Protection Agency (EPA) Punjab and the Environment Protection and Climate Change Department to support Chief Minister Maryam Nawaz Sharif’s province-wide “Waste Wise Management Process”, an initiative aimed at promoting waste segregation at source across Punjab. Under this collaboration, Coca-Cola is supporting the Waste Wise Certification program, through which ten model schools will each receive five color-coded bin systems (paper, glass, organic, metal, and plastic), enabling efficient segregation, improved recycling, and environmentally responsible disposal along environmental education boards to teach students how to separate waste at source. “Coca-Cola…