Author: yasir

Oil and Gas Development Company Limited (OGDC), Pakistan’s leading exploration and production company, on Tuesday signed a landmark contract with SNF S.A., a French specialty chemical company and world leader in polyacrylamide production, for the installation and operation of advanced Water Injection Systems (WIS) at its Kunnar and Pasakhi oil fields located in Hyderabad district, Sindh. The signing ceremony was held at the OGDC Headquarters in Islamabad, marking a significant milestone in the company’s efforts to enhance production performance and promote sustainable energy development. The signing ceremony was attended by Federal Minister for Energy (Petroleum Division) Ali Pervaiz Malik, MD/CEO…

Reinforcing its commitment to environmental stewardship, the Pakistan Airport Authority (PAA) has launched a major tree plantation initiative at Islamabad International Airport Pakistan (IIAP), with support from Coca-Cola Pakistan. Under the initiative, climate-resilient, indigenous trees will be planted across designated areas within the airport complex, further strengthening Islamabad’s green cover and supporting the Government of Pakistan’s national environmental drive. The initiative was formally launched by Mr. Aftab Gilani, Chief Operating Officer IIAP, alongside Mr. Sami Wahid, Country Head of Coca-Cola Pakistan & Dr. Faisal Hashmi Sr. Director Coca-Cola Pakistan & Afghanistan and the ceremonial plantation of the first tree near…

Pakistan’s leading digital microfinance bank, Mobilink Bank has announced its financial results for the year ended December 31, 2025. The bank delivered strong growth across key financial and operational indicators while reinforcing its leadership position in Pakistan’s microfinance banking sector. Mobilink Bank delivered a strong financial turnaround in 2025, with Profit Before Tax reaching PKR 3.62 billion, reflecting a 217% YoY growth, while total revenue rose 33% to PKR 89.5 billion. Deposits grew 38% to PKR 214 billion, the highest in the microfinance industry, highlighting strong customer confidence. The Gross Loan Portfolio expanded to PKR 103 billion, up 38%. The Bank…

Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) organized a special ceremony in Lahore to officially announce and launch the 21st edition of Pakistan Auto Show (PAPS) 2026 under the theme “Make in Pakistan,” highlighting the country’s growing industrial and automotive capabilities while promoting indigenous manufacturing and local production excellence. The exclusive event was attended by PAAPAM members, leading figures from Pakistan’s automotive industry, manufacturers, and key stakeholders. During the ceremony, PAAPAM’s Organising Committee formally announced PAPS 2026 and outlined the strategic vision and roadmap for the exhibition, reinforcing the “Make in Pakistan” theme as a platform to showcase…

Fasset, an American-founded digital banking and investment platform, announced its plans to enter the Pakistani market through a strategic partnership with Habib Rafiq Limited (HRL) at a high-profile event in Islamabad, signaling a major shift in how global capital interacts with Pakistani assets. The gathering drew an influential crowd of senior government officials, business leaders, and digital economy stakeholders. Shaza Fatima Khawaja, Federal Minister for IT & Telecommunication attended as a Chief Guest, along with Jahanzaib Zahid Vice Chairman, HRL Group, Raafi Hossain, CEO and Co-Founder of Fasset, senior government officials, business leaders, international organizations, embassy representatives, celebrities, and key…

In a landmark collaboration that celebrates Pakistan’s creative excellence and entrepreneurial vision, IMARAT Group of Companies and HSY (Hassan Sheheryar Yasin) proudly announce the launch of IMARAT’s Signature Apartments at IMARAT Downtown Islamabad, featuring interiors exclusively designed by HSY Home. Launching on 14th February 2026, this first-of-its-kind partnership brings together two homegrown power brands — one that has redefined urban development in Pakistan, and another that has shaped the country’s fashion identity for over three decades. At its core, this collaboration is about belief in Pakistani talent, Pakistani innovation, and Pakistani design. IMARAT’s forward-thinking approach to architecture, urban planning, and…

LFW Presents, a new fashion and culture presentation platform by the creators of LAAM Fashion Week, debuted with a solo showcase by acclaimed designer Hussain Rehar, set against the historic backdrop of Islamia College. LFW Presents is co-founded by LAAM, led by Amir Iqbal (Co-Founder & COO) and Arif Iqbal (Co-Founder & CEO), and Design651, led by Saad Ali (Founder & CEO, Design651 and CEO, PFDC). It is a year-round, curator-led fashion and culture platform designed to extend the creative governance, credibility and production excellence of Fashion Week beyond the seasonal calendar. It is an invitation-driven extension of LFW, delivering…

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on February 13, 2026, approved the Bank’s financial results for the year ended December 31, 2025. Bank Alfalah reported profit after tax (PAT) of PKR 28.34 billion for the year ended December 31, 2025, translating into earning per share of PKR 17.97 compared to PKR 24.30 for 2024. The Board of Directors also declared final cash dividend of PKR 3.00 per share (30%), cumulatively bringing the cash dividend payout for the year to PKR 10.50 per share (105%). In a significant move to enhance share liquidity and…

IPAK Group has delivered another strong performance for the half year ended 31 December 2025, resulting in a consolidated net profit to PKR 1.47 billion compared to PKR 377 million in the corresponding period last year, translating into an earnings per share (EPS) of PKR 2.19, highlighting the Group’s strengthening operational leverage and financial resilience. The robust financial result reflects continued operational discipline, higher capacity utilization across subsidiaries, and sustained growth in export markets. Group’s consolidated sales increased by 19.8% to PKR 19.46 billion, supported by improving demand dynamics and the Group’s integrated manufacturing platform spanning BoPP, CPP, and BoPET…

The 11th MCAP-BNU International Media Conference concluded at Beaconhouse National University (BNU), Lahore, bringing together academics, journalists, policymakers, and media professionals from Pakistan and abroad to deliberate on critical challenges facing contemporary media and communication. Jointly organized by the Media and Communication Academic Professionals (MCAP) and Beaconhouse National University (BNU), the two-day international conference focused on the theme “Reclaiming Hope: Media, Activism & Social Justice” addressing the growing need for ethical journalism, inclusive narratives, and regional media cooperation in an era of rapid digital transformation. The conference was inaugurated by Dr Moeed Yusuf, Vice Chancellor, Beaconhouse National University, along with …