Author: yasir

BYD Pakistan, through its official partner Mega Motor Company (Pvt.) Limited, has announced the expansion of its presence in Karachi with the opening of a third authorized BYD dealership in Korangi to cater to the growing demand for New Energy Vehicles (NEVs) in Pakistan’s largest automotive market.The new dealership marks the seventh location in the company’s nationwide network and reinforces its commitment to making electric mobility more accessible to Pakistani consumers.Speaking at the inauguration, Danish Khaliq, Vice President Mega Motor Company, said: “At BYD, we are committed to leading the NEV transition by continuously expanding our presence and ensuring customers…

Book-building for the Initial Public Offering of Select Technologies Limited, a wholly owned subsidiary of Air Link Communication Limited, opens today at the Pakistan Stock Exchange and will continue on June 23, 2026, marking another important technology-sector listing at the local bourse. The Company is offering 88.88 million ordinary shares, representing 10 percent of its post-IPO paid-up capital, through the book-building process. The floor price has been set at Rs28 per share, translating into a base issue size of approximately Rs2.49 billion. The strike price may go up to Rs42 per share under the 50 percent price band, taking the…

For generations, Pakistanis have enjoyed some of the world’s finest products and brands. Far fewer people have had the opportunity to experience the institutions, traditions, craftsmanship, and individuals behind them.Through Beyond Luxury, Sonraj invites audiences to explore that world.Over the coming months – stories, visits, and observations will be shared through Gharyal.com and Sonraj’s digital platforms – Maison Sonraj, Collectibles and Gharyal. The journey will take audiences inside museums, manufactures, ateliers, heritage institutions, and creative environments where craftsmanship, design, and tradition continue to thrive.More than a decade ago, Rameez Sattar, CEO of Sonraj Group spoke about the importance of exposing…

National Bank of Pakistan (NBP) reaffirmed its commitment to environmental sustainability and climate resilience through a tree plantation activity held at Clifton Urban Forest, Karachi. The initiative reflects NBP’s ongoing efforts to contribute towards a greener and healthier Pakistan while supporting national and global objectives that tie sustainability and financial. Speaking on the occasion, Mr. Faisal Ahmed Topra, Group Chief Operations, NBP emphasized the importance of collective action in addressing environmental challenges saying “This tree plantation is part of our long-term positive impact for communities and future generations. NBP seeks to raise awareness about environmental conservation, and encourage employee participation…

Daraz Pakistan has officially launched the Apple Flagship Store on DarazMall in partnership with GNext, Apple’s authorized distributor in Pakistan, giving customers a trusted and value-driven destination to shop original Apple products online. A formal signing ceremony was held at Daraz Head Office in Karachi, bringing together senior representatives from Daraz Pakistan and GNext to mark the launch. The partnership brings together Daraz’s e-commerce platform, nationwide reach and customer service infrastructure with GNext’s authorized Apple distribution network, product authenticity assurance and after-sales support. Through the Apple Flagship Store on DarazMall, customers can now purchase original Apple products with greater confidence,…

Code for Pakistan, in collaboration with Grey Software, Scrimba, and the National University of Computer and Emerging Sciences (FAST-NUCES Islamabad), successfully hosted the AI for Civic Innovation Hackathon 2026, bringing together innovators, developers, students, and civic-minded problem-solvers from across Pakistan to develop artificial intelligence solutions for real-world civic challenges. Hosted at FAST-NUCES Islamabad, the hackathon attracted more than 160 registrations from across the country, reflecting growing interest in leveraging artificial intelligence to address public-sector and community challenges. Following a competitive selection process, 30 teams were shortlisted to participate in the final event, where they worked to design and develop AI-powered…

The Punjab Central Business District Development Authourity (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has achieved another significant milestone in the development of its landmark project, CBD Walk. The authourity has successfully completed the grey structure of all 32 commercial units, marking substantial progress toward the realization of one of Lahore’s most anticipated retail and lifestyle destinations. During a comprehensive briefing to CEO CBD Punjab, Imran Amin, Executive Director Technical, Riaz Hussain, informed that the basement, ground floor, first floor and second floor structures of all 32 units have been successfully completed. He further stated that only…

A 14-member delegation of the Balochistan Technical Education & Vocational Training Authority (B-TEVTA), led by Managing Director Hamood Ur Rehman, paid a visit to the Punjab Skill Development Fund (PSDF) to learn from the province’s technical and vocational education and training (TVET) system. The visit, part of an exposure tour to Punjab from 15 to 19 June 2026, was arranged so that the delegation could study how the province runs its skills sector; including the way institutions are brought together, how training quality is checked, how industry is engaged, and how trainees are linked to jobs. At PSDF, the Secretary…

SAP, a global leader in enterprise applications and Business AI, has reaffirmed its commitment to supporting Pakistan’s digital transformation and economic growth during a visit by Augusta Spinelli, Regional President, SAP Europe, Middle East and Africa (EMEA). A key highlight of the visit was a meeting between Augusta Spinelli and the Federal Minister for Information Technology and Telecommunication, Shaza Fatima Khawaja. Discussions focused on Pakistan’s digital economy and the role of emerging technologies in supporting innovation-led growth, enhancing competitiveness and preparing the workforce for an AI-powered future. Appreciating SAP’s contribution to technology adoption in Pakistan, Shaza Fatima Khawaja, Federal Minister…

Engro Vopak Terminal Limited (EVTL) – a joint venture between Engro Corporation and Royal Vopak – and Port Qasim Authority (PQA) have successfully renewed the terminal’s Implementation Agreement, reinforcing EVTL’s mandate to operate Pakistan’s only integrated bulk liquid chemical and LPG terminal. The renewal marks the continuation of a three-decade relationship in which EVTL has endeavoured to serve as a reliable operator of critical national infrastructure, enabling savings of approx. USD 500 million annually for the national exchequer. Today, the terminal handles approx. 70% of Pakistan’s bulk liquid chemical imports and 50% of LPG marine imports, supporting supply chains across…