Author: yasir

Euromoney, a leading global benchmark for excellence in financial services, has recognized BankIslami as Pakistan’s Best Islamic Digital Bank. The recognition highlights BankIslami’s continued focus on innovation, technology-led growth, and expanding access to Shariah-compliant banking across the country. This accolade marks the second consecutive year that the Bank has received recognition from Euromoney, having previously been named Best Islamic Bank in Pakistan. The achievement reflects the Bank’s steady progress in strengthening its platforms, improving customer experience and expanding access to Shariah-compliant financial services nationwide. In early 2025, the Bank successfully upgraded its core banking infrastructure to iMAL R-14, migrating to…

Bank Alfalah, a leading commercial Bank, has successfully raised PKR 20 billion through the issuance of a AAA-rated Tier 2 Term Finance Certificate (TFC), marking the largest TFC issuance in Pakistan’s banking industry and the Bank’s first AAA-rated TFC. The successful issuance follows approval from the State Bank of Pakistan and received strong participation from institutional investors, reflecting the market’s confidence in Bank Alfalah’s financial strength, sound governance and long-term growth strategy. Issued under the Basel III regulatory framework, this Tier 2 Issue is a key element of the Bank’s growth strategy and will further complement our Growth Capital allowing…

Meezan Bank, Pakistan’s leading Islamic bank and one of the country’s largest banks, has established the IU Centre for Excellence in Islamic FinTech (IU CEIF) at Iqra University in strategic collaboration with the University. The Centre was inaugurated at a ceremony held at the University Auditorium, EDC Defence Campus, Karachi. The inauguration ceremony was graced by Mr. Saleem Ullah, Deputy Governor, State Bank of Pakistan, as the Chief Guest. Addressing the ceremony, Chief Guest Mr. Saleem Ullah commended the collaboration between Iqra University and Meezan Bank and reaffirmed the State Bank of Pakistan’s support for initiatives that strengthen Islamic finance,…

Pakistan is rapidly embracing renewable energy as rising electricity costs and growing demand drive the need for reliable, efficient, and sustainable power solutions. At the forefront of this transition is LIVOLTEK, a global renewable energy brand of Hexing Group, delivering complete smart energy ecosystems that empower households, businesses, and industries while supporting Pakistan’s vision for a greener future. LIVOLTEK offers one of the industry’s most comprehensive product portfolios, designed to serve applications ranging from residential homes to large-scale industrial facilities. Its solutions include Hybrid Inverters from 1.5kW to 60kW, IP66 Outdoor Hybrid Inverters from 6kW to 12kW, On-Grid Inverters from…

BYD celebrated the production of its 17 millionth new energy vehicle (NEV) at its Xi’an plant, with the all-new large flagship family sedan, the Seal 08, marking the milestone vehicle. With this achievement, BYD officially becomes the world’s first automaker to reach 17 million NEV units produced, setting a new acceleration benchmark for the global NEV industry and reaching new heights in the new energy sector. As competition in the global NEV market intensifies and industry consolidation accelerates, BYD has maintained its leading position, underpinned by deep technological expertise, a comprehensive product portfolio, and a mature global footprint. In the…

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 Dutch Ambassador to Pakistan, H.E Robert-Jan Seigert visited FrieslandCampina Engro Pakistan Limited (FCEPL) Head Office and met with the company’s leadership team to discuss the organization’s progress, the broader outlook of Pakistan’s dairy sector, and opportunities for future growth and investments in the dairy sector. During the meeting, the FCEPL leadership provided an overview of the company’s performance, ongoing initiatives, and future potential for business growth. The discussion explored the evolving landscape of Pakistan’s dairy sector, including its capacity for expansion and modernization. While exchanging views on the role of local talent in supporting industry development, the importance of…

Reinforcing its commitment to improving access to quality healthcare, SHINE Humanity has expanded six new disease-specific health programmes across three of its clinics in Sindh and Khyber Pakhtunkhwa, bringing critical screening, diagnosis, treatment, counselling and follow-up care closer to underserved communities. The newly expanded programmes include Asthma and Hepatitis C services at the clinic in Moro District; Asthma, Diabetes and Rabies programmes at the Sujawal clinic; and Asthma and Tuberculosis (TB) services at the Mansehra clinic. The expansion builds on the success of SHINE Humanity’s existing programmes, extending proven healthcare models to communities with limited access to specialised services. The…

The Overseas Investors Chamber of Commerce and Industry (OICCI) on Tuesday released its Security Survey 2026, cautioning that deterioration in Karachi and continued security challenges in the country’s western regions are weighing on investor confidence and business operations despite improvements in parts of Pakistan. The annual OICCI Security Survey 2026, conducted in June amongst the leading foreign investors operating across Pakistan, found that the top leadership of 71 per cent of member respondent companies ranked security among their top three business concerns, highlighting that law and order remains a major impediment to investment and economic activity. The survey shows that…

BingX, a leading cryptocurrency exchange and Web3-AI company, is celebrating one of the defining moments on football’s biggest stage after its global brand ambassador, Enzo Fernández, scored Argentina’s decisive goal to secure a dramatic comeback victory and a place in the World Cup quarterfinals. Fernández’s goal not only completed Argentina’s comeback but also marked the 3,000th goal in World Cup history, cementing the midfielder’s place in one of the tournament’s most memorable milestones. To celebrate the victory with its global community, BingX is launching a series of limited-time community campaigns. From July 8 to July 11, all users can sign…