Author: yasir
IPAK Group has delivered a strong performance for the first quarter ended 30 September 2025, demonstrating that its industry-leading production capacity is now fully translating into profitability and scale advantages. Consolidated sales increased 33% year-on-year to PKR 10.19 billion, supported by stronger demand and higher capacity utilization across BoPP, CPP, and BoPET film lines. Gross profit rose 73% to PKR 1.76 billion, while operating profit surged 83% to PKR 1.43 billion, reflecting improved margins and disciplined cost control. Finance costs declined by 14% owing to better working capital management and lower borrowing rates. IPAK Group’s exports surged 52% to PKR…
HBL Zarai Services Limited has officially launched its services in Sindh, marking a major step in its mission to empower farmers across Pakistan. The launch ceremony was held in Dad Leghari, Mirpur Mathelo, and was attended by a large gathering of nearly 500 members of the farming community. The event was graced by Amer Aziz, CEO – HBL Zarai Services Limited, and Engineer Sardar Abdul Bari Khan Pitafi, a renowned community leader, a respected figure & leading integrated agri-livestock specialist in the region, along with other local notables and farmer representatives from surrounding areas. During the ceremony, Amer Aziz highlighted…
Meezan Bank, Pakistan’s leading Islamic bank, in collaboration with Mastercard, has successfully concluded the “Spend Big, Win Big” cross-border spending campaign. The initiative encouraged customers to use their Meezan Mastercard Debit Cards for international transactions, reinforcing the Bank’s commitment to promoting secure and Shariah-compliant global payment solutions. The campaign concluded with an event celebrating the winners, who received a range of exciting prizes, including a hybrid car, electric bikes, smart devices, Umrah packages, and shopping and dining vouchers. The event was attended by senior management from Meezan Bank, including Dr. Syed Amir Ali, Deputy CEO, Mr. Ahmed Ali Siddiqui, Group…
PTCL Group (PTCL & Ufone 4G), Pakistan’s premier telecommunication and ICT powerhouse, has forged a game-changing alliance with Smart MEP, the nation’s top engineering and system integration firm. Showcasing its commitment to driving digital transformation, PTCL Group announced at GITEX Global 2025 Dubai its strategic move to harness Vodafone’s IoT Core Platform — a bold step set to revolutionize Pakistan’s Industrial IoT landscape and propel the nation into a new era of smart industry innovation. IoT Core is a next-generation IoT Application Enablement Platform that combines Vodafone’s international experience of managing millions of IoT connections worldwide with PTCL’s local digital…
As Pakistan enters the seasonal period of intense atmospheric smog, foodpanda, Pakistan’s leading online delivery platform, has announced the launch of its “Breath of Care” initiative, distributing 8,000 Smog Safety Kits to its dedicated rider fleet across the country this week. The program is designed to provide immediate relief and protection, highlighting the company’s commitment to the health and safety of the individuals who form the backbone of urban connectivity. Each Smog Safety Kit is a carefully selected collection of essentials aimed at minimizing health risks associated with poor air quality. The kits ensure riders have both protective gear and…
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on October 22, 2025, approved the Bank’s financial results for the nine-month period ended September 30, 2025. Bank Alfalah posted profit after tax (PAT) of PKR 21.44 billion for the nine-month period ended September 30, 2025, resulting in earnings per share of PKR 13.59 (September 2024: PKR 21.32). The Board of Directors also declared a third interim cash dividend of PKR 2.50 per share (25%), cumulatively bringing the cash dividend payout for the year to PKR 7.50 per share (75%) (9M 2024: PKR 6.00 per share (60%)).…
The YANGWANG U9 Xtreme is already the fastest car on the planet – and now the performance flagship of BYD’s luxury sub-brand has set another benchmark. Just one month after posting a world-record high speed of 496.22km/h at ATP Papenburg, YANGWANG is proud to announce that the U9 Xtreme has achieved a new lap record for Electric Super Sports Cars around the Nürburgring, the ‘Green Hell’ of motorsport. YANGWANG’s engineering team has been conducting long-term testing at the 20.832km Nürburgring Nordschleife circuit since July 2024 – and the extensive on-track data gleaned from this process had been fed into the…
TECNO continues to redefine what it means to be budget-friendly with the launch of the Spark 40 and Spark 40C — two smartphones designed for the young generation that craves trendy style, reliable performance, and all-day power, without breaking the bank. TECNO believes in making innovative technology accessible to everyone, the Spark 40 Series deliver smart features, durable design, and exceptional battery performance to help users stay productive, creative, and connected throughout their day. Whether it is capturing memories, managing studies, or staying active on social media, these phones are built to keep up with the modern lifestyle. Power that…
Al Fardan Exchange, the UAE’s most trusted financial services provider since 1971, today announced the launch of its Salary Advance service for Wages Protection System (WPS) customers, in partnership with Abhi Middle East Limited, the neo bank of the future, backed by Hub71 and the Abu Dhabi Investment Office (ADIO) and funded by Commercial Bank International. This strategic step marks a significant step forward in advancing financial inclusion across the UAE by providing underbanked and unbanked individuals with flexible access to their earned income. It enables customers to access up to 50% of their wages before payday, helping them send…
TCL, Pakistan’s No. 1 LED TV brand, successfully concluded its Middle East & Africa Air Conference 2025, held from October 21 across Guangzhou, Zhongshan, and Hangzhou, China. Under the theme ‘Where Air Meets the Future,’ the six-day conference brought together TCL’s key clients, business partners, and media representatives from across the Middle East and Africa to experience the brand’s latest innovations in air conditioning and intelligent manufacturing. Inspiring Innovation in Guangzhou The event opened in Guangzhou with an Exhibition Hall and Launch Conference, where delegates experienced TCL’s latest air conditioning technologies, including the VoxIN JetMax and SaveIN Series, as well…