Author: yasir
Oil and Gas Development Company Limited (OGDC) on Wednesday announced a significant gas and condensate discovery at its Bitrisim Northwest-1 exploratory well, located in Khairpur district of Sindh. During testing, the well yielded 12.8 million standard cubic feet per day (MMSCFD) of gas and 175 barrels of condensate per day. OGDC is the operator of the Bitrisim Exploration License with a 95% working interest, while Government Holdings (Private) Limited (GHPL) holds the remaining 5%. Bitrisim Northwest-1 exploratory well was spudded on August 21, 2026, and drilled to a total depth of 3,732 metres in the Sembar Formation. Based on the…
Pakistan’s textile and apparel exporters must accelerate investment in green supply chains, cleaner production and digital technologies to remain competitive as international buyers place greater emphasis on environmental performance and supply chain transparency, industry and academic experts said. Speaking at the launch of the second Global Procurement & Supply Chain Summit (GPS 2027) at NED University, participants identified sustainability compliance, technological readiness, and workforce development as priorities for strengthening exports. The summit, organised by Horizon Summit Management, will take place in Karachi on January 20, 2027. Hafiz Kashif, Director of Artistic Milliners, said global buyers, particularly those serving European and…
IBA proudly hosted the Sixth Annual InternationalConference on “Beyond Polycrisis: Pathways Towards a Sustainable Economic Future”, which was organizedby IBA Center for Business & Economic Research (CBER), in partnership with the World Bank Group, SindhHigher Education Commission, NOWPDP, Dawn Media and Avari Towers. The two-day conference broughttogether scholars, policymakers, industry leaders and students to examine how Pakistan can move beyond itsoverlapping economic, climate and governance crises.Dr. S Akbar Zaidi, Executive Director, IBA Karachi, in his opening remarks, described Pakistan’s economic,climate, population and political challenges as interconnected crises, noting that growth has for years remainedonly slightly above the rate of population growth. He identified climate change…
Spotify has named Karachi-based Urdu hip-hop artist Shareh as its RADAR Pakistan artist for Q4 2026, spotlighting a rising voice whose genre-blending sound and introspective lyricism are helping shape Pakistan’s evolving hip-hop scene. Moving fluidly between rap, R&B, trap and alternative influences, Shareh has built a distinctive musical identity through songs that explore love, loss, ambition and self-discovery. Shareh’s music is resonating with listeners in Pakistan and beyond, with the US, the UK, Bangladesh, Canada and the UAE among his top streaming markets on Spotify. His appeal is particularly strong among younger audiences, with listeners aged 18 to 24 accounting…
BYD, the world’s No. 1 New Energy Vehicle (NEV) brand, in partnership with Mega Motor Company (MMC), has inaugurated its first dealership in Sialkot, the sports capital of Pakistan, further expanding its nationwide presence. Located on Daska Road, the dealership brings BYD’s vehicles and technology closer to customers in Sialkot and surrounding areas. The new dealership strengthens BYD-MMC’s presence in Punjab, providing customers with convenient access to BYD’s expanding portfolio of electric and plug-in hybrid vehicles. The opening forms part of the company’s broader strategy to expand its dealership network and make new energy mobility more accessible to customers across…
SHINE Humanity Pakistan, a healthcare nonprofit serving rural Pakistan, has partnered with Art of Giving (AoG), a responsible-giving platform, making it easier than ever for people to help bring quality primary healthcare to underserved communities across Pakistan. At the heart of the partnership is AoG’s Automated Kindness Machine, an interactive giving kiosk in Karachi’s Ocean and Atrium Malls, which now features SHINE Humanity’s work. Pakistan is one of the world’s most generous nations, and Art of Giving estimates that 84% of adult Pakistanis give to charity each year. Yet few give through organisations whose work they understand or can follow.…
Retailers have urged the Islamabad capital administration to withdraw its decision to ban plastic bottles, warning that the move could disrupt businesses, undermine the recycling industry and adversely affect economic activity. The administration, which had earlier imposed restrictions on polyethylene bags, has now extended the ban to products packaged in polyethylene terephthalate (PET) bottles. Retailers said the decision had raised serious concerns across the business community and called for an immediate review. Retailers said they had been verbally instructed to stop selling products packaged in PET bottles across multiple categories following directions from the Office of the Chief Commissioner and…
Pakistan Youth Change Advocates (PYCA) has called for safeguards to protect the integrity of Pakistan’s national food standards-setting process. The call follows concerns over proposed changes to the composition of the Pakistan Standards and Quality Control Authority’s (PSQCA) Standard Setting Committee for Agriculture and Food Products (NSCAF). The call highlights the need for transparency, evidence-based decision-making, and swift measures to prevent conflicts of interest in the food standard-setting process.International guidance, including the World Health Organization’s (WHO) framework on conflict of interest, provides clear guidance that where a food industry is directly regulated by a public-health policy, its participation shall not…
Alibaba Cloud, in collaboration with Alkhidmat Foundation, organized an AI Hackathon for the first time in Pakistan held at the National Aerospace Science and Technology Park (NASTP) Karachi recently. As many as 430 shortlisted teams presented and demonstrated their AI-powered solutions out of 16,000 applications before expert jury panels representing technology, banking, healthcare, industry and academia. The competition focuses on developing working AI products rather than merely presenting ideas, with participants receiving structured training, mentorship and access to AI development tools. Speaking on the initiative, Shahid Iqbal, Chief Executive Officer of Bano Qabil Pakistan, said the hackathon represented an important…
BingX, the world’s leading multi-asset trading platform, today launched U.S. stock trading through an integration with Alpaca, a global provider of brokerage infrastructure and APIs. The new offering gives eligible users access to more than 7,000 U.S. stocks and exchange-traded funds (ETFs), expanding the range of traditional financial assets available on BingX and advancing its multi-asset strategy. Through Alpaca’s brokerage infrastructure, eligible BingX users can access U.S. stocks and ETFs directly through the platform, using their existing crypto assets to fund trades without the need for fiat deposits or a separate brokerage account managed directly by the user. Unlike tokenized instruments…