Author: yasir
Data Vault Pakistan has signed a three-year contract with the National Telecommunication Corporation (NTC) to deliver Sovereign AI Services for the Federal Government of Pakistan, marking a milestone in Pakistan’s journey toward secure, sovereign, and nationally controlled artificial intelligence infrastructure. Under the contract, Data Vault Pakistan will deploy enterprise-grade NVIDIA AI infrastructure, including the latest H200, B200, and A100 GPU platforms, enabling NTC to offer GPU-as-a-Service (GPUaaS), Models-as-a-Service (MaaS), and enterprise AI capabilities from its highly secure, government-managed data centers. The platform will provide secure compute, advanced AI infrastructure, and access to leading AI models, enabling government institutions to accelerate…
TECNO, Pakistan’s leading AI-powered smartphone brand, has partnered with Daraz to launch TECNO Brand Day, bringing limited-time offers on some of the brand’s most sought-after smartphones through the official TECNO Store on Daraz. The campaign gives consumers an opportunity to purchase authentic TECNO devices at exclusive prices, with discounts of up to 14% available for a limited period. As online shopping continues to gain momentum across Pakistan, TECNO Brand Day is designed to make premium smartphone technology more accessible while offering customers the confidence of purchasing directly from the brand’s official online storefront. Alongside attractive savings, buyers can enjoy the…
The Pak International Business Forum (PIBF) has announced the launch of its nationwide ‘District Economy Campaign’, a comprehensive initiative aimed at empowering local governments, strengthening district economies and accelerating sustainable economic development across Pakistan. PIBF Central Secretary General Muhammad Ejaz Tanveer said Pakistan’s economic revival depends on transforming every district into a vibrant, self-reliant and investment-friendly economic hub. He said the campaign will cover all districts of Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Gilgit-Baltistan, Azad Jammu and Kashmir, and Islamabad Capital Territory. “The campaign is based on the principle that an empowered and financially autonomous local government system is the key…
Lucky Investments Limited (“Lucky Investments”), one of Pakistan’s fastest-growing Shariah compliant Asset Management Companies, has expanded it network to Lahore by inaugurating its first branch in Gulberg, Lahore. It’s a significant milestone in the company’s nationwide expansion strategy. The branch was formally inaugurated by Mohammad Shoaib, CFA, Chief Executive Officer of Lucky Investments Limited, in the presence of senior management, business partners, and distinguished guests. The new Lahore branch will provide investors with convenient access to Lucky Investments’ comprehensive range of mutual funds, voluntary pension funds, investment advisory services, and digital investment solutions. It will also serve as a dedicated…
The Punjab Central Business District Development Authority (CBD Punjab) has completed 80% of the finishing work on CBD Vertex, a landmark mixed-use development in the Lahore Prime CBD Quaid District. Spanning 100,000 square feet, the facility comprises two basement levels, a ground floor, and seven upper floors, with parking capacity for approximately 2,500 vehicles. Major finishing works, including elevation tile installation, parking markings, marble works, and epoxy flooring, are progressing rapidly. CEO CBD Punjab Imran Amin said the project reflects the authority’s commitment to delivering world-class infrastructure that enhances urban mobility and supports Lahore’s economic growth. Nearing completion, CBD Vertex…
Meezan Bank, Pakistan’s leading Islamic bank and one of the country’s largest banks, has partnered with the Centre for Islamic Finance (CIF) at LUMS to make high-quality, industry-led Islamic finance education more accessible across Pakistan and beyond. Formalized through a Memorandum of Understanding (MoU), the collaboration brings together Meezan Bank’s market leadership and LUMS’ academic strength to help develop future-ready talent for the Islamic finance industry. As the first initiative under this partnership, Meezan Bank and LUMS will jointly develop and launch a specialized online certification program titled “Learning from Leaders of Islamic Finance.” The program will feature a structured…
Federal and provincial health leaders joined global experts in Karachi this week to press for a shift toward evidence-informed and technology-driven health policymaking in Pakistan, with policymakers, researchers, development partners, academia and global health experts calling for artificial intelligence and stronger delivery systems to improve care. The call came at a two-day symposium organised and hosted by the Aga Khan University (AKU), in collaboration with Exemplars in Global Health and Results for Development (R4D), which examined how policy lessons from countries including Kenya, Malawi, Bolivia and Senegal could be adapted to Pakistan. The cross-country evidence highlighted that progress is achieved…
The Lahore University of Management Sciences (LUMS) celebrated the achievements of its graduating Class of 2026 through four Convocation ceremonies held over two days. Graduates crossed the stage to receive their degrees, marking the completion of years of academic endeavour, personal growth, and perseverance. More than 1,500 graduates from LUMS’ five schools, spanning business, humanities and social sciences, law, science and engineering, and education, were awarded degrees in the presence of their families, friends, faculty members, and the University’s senior leadership. Those in attendance included Pro-Chancellor Abdul Razak Dawood, Rector Shahid Hussain, Vice Chancellor Dr. Ali Cheema, members of the…
With young people facing growing challenges ranging from unemployment and climate vulnerability to limited opportunities to participate in public decision-making, a new EUR 1.2 million initiative co-funded by the European Union aims to equip the next generation with the skills, opportunities and leadership needed to drive inclusive economic growth and sustainable development across Pakistan. Launched in Lahore and Karachi, the project MANZIL (Youth Leadership Transforming Communities for Inclusive Economic Growth, Climate Action and Good Governance) will directly support approximately 4,000 vulnerable young women and men and strengthen 40 youth-led organizations across Rawalpindi, Lahore, Mirpurkhas and Sanghar. The initiative is designed…
On June 30th the U.S. Food and Drug Administration (FDA) issued Modified Risk Tobacco Product (MRTP) orders for 20 ZYN nicotine pouch products following extensive scientific review, allowing Philip Morris International U.S.(PMI U.S) to market these products in the United States of America (USA) with a specific modified risk claim. A U.S FDA’s MRTP order authorizes the marketing of specific tobacco or nicotine products in the United States with FDA-authorized modified-risk and/or modified exposure, claims, subject to the terms of the order and applicable post market surveillance and reporting requirements. Such authorization, for the 20 ZYN nicotine pouches, is limited…