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Author: yasir
Service Long March Tyres IPO Book Building Fully Subscribed Within 5 Seconds, Sets New PSX Benchmark
Service Long March Tyres Limited’s Initial Public Offering (IPO) book building was fully subscribed within the first 5 seconds of opening, marking one of the fastest-ever book building transactions in the history of the Pakistan Stock Exchange (PSX). The exceptional response from institutional investors and high-net-worth individuals reflects strong investor confidence in Service Long March Tyres’ business model, export potential, manufacturing scale, and future growth outlook. The IPO is being offered at a price band of PKR 14.25 to PKR 19.95 per share, while the book building process is scheduled for May 18 and 19, 2026. The company’s valuation for…
tapmad, Pakistan’s leading digital streaming platform, proudly announces that it has acquired the exclusive digital and television broadcasting rights for the upcoming FIFA World Cup in Pakistan. This milestone further strengthens tapmad’s position as the first choice for sports streaming in the country. Over the years, tapmad has consistently streamed some of the world’s biggest football leagues, building a strong reputation among football lovers as a platform they can rely on for seamless, high-quality viewing. With a deep understanding of fan expectations and evolving consumption habits, tapmad continues to position itself at the forefront of digital sports entertainment. The FIFA…
In a significant step toward accelerating Pakistan’s digital transformation agenda, Pakistan Single Window (PSW) and the National Information Technology Board (NITB) today signed a Memorandum of Understanding (MoU) to collaborate on the digitalization and integration of citizen-centric services under the Digital Economy Enhancement Project (DEEP). The signing ceremony, held in Islamabad, marks the beginning of a strategic partnership aimed at leveraging the technical expertise, digital infrastructure, and institutional capabilities of both organizations to deliver seamless, accessible, and citizen-focused digital services. Under this collaboration, NITB, as the technology partner for DEEP, will work closely with PSW to identify, design, digitize, and…
BYD, the world’s No.1 NEV brand, launched The Great Pakistan Adventure (GPA), a first-of-its-kind cinematic travel series exploring Pakistan’s diverse landscapes, cultures, and untold stories enabled by the BYD Shark 6, Pakistan’s most powerful PHEV pickup. The four-episode digital series brings together storytellers and adventurers from across Pakistan, journeying through some of the country’s most remote and demanding terrains. The series is inspired by the four terrains of the BYD Shark 6, engineered to navigate through – mud, sand, snow, and mountain. Designed for adventure and long-distance exploration, the BYD Shark 6 is put to test across real-world environments throughout…
BingX, a leading cryptocurrency exchange and Web3-AI company, today announced the launch of the next phase of its Global Capital Gala campaign, offering users new opportunities trading on macro trends and assets, further expanding access to global market opportunities through the BingX ecosystem. Centered around major macroeconomic and market events in May, including U.S. CPI data, nonfarm payrolls, Federal Reserve developments, and NVIDIA earnings, the campaign combines multi-asset trading opportunities with timely market insights designed to help users navigate volatility and position across some of the world’s most closely watched asset classes. Running throughout May, the campaign features a combined…
The Aga Khan University (AKU) and the Aga Khan Trust for Culture (AKTC) convened with national and international experts for more than a week at the National Museum of Pakistan to analyze the museum’s architecture, collections and public galleries. The gathering was part of a formal partnership with the Federal Ministry of Culture and Heritage aimed at upgrading the Museum. Also present and participating was the Citizens Archive of Pakistan. The group also made study visits of key cultural institutions, including the Mohatta Palace, State Bank Museum and the TDF MagnifiScience Centre. In addition, AKU, together with its partners,…
As China’s No.1 vehicle exporter for over 23 consecutive years, with presence across more than 130 countries and regions and a global user base exceeding 19 million users worldwide, Chery has rapidly emerged among the world’s most recognized automotive brands through its growing focus on quality, technology, safety and reliability. Against this backdrop, Chery is now strengthening its position as a new benchmark of quality in Pakistan’s evolving SUV market. As Pakistani consumers increasingly shift toward quality, reliability, advanced technology and long-term value in their automotive choices, Chery Master Pakistan, introduced locally by Master Auto Engineering, part of the Master…
Engro Elengy Terminal (EETL) has successfully received and began offloading the largest LNG cargo in Pakistan’s history on 13 May 2026, amid pressures on global energy supplies. The handling of the Q-Flex vessel carrying over 210,000 cubic metres of LNG was a demonstration of the terminal infrastructure’s strength and team’s capabilities. The operation entailed a complex vessel handling. A dual-parcel discharge sequence was undertaken at the terminal safety and seamlessly while navigating tidal and draft constraints. This accomplishment was made possible through close coordination between Port Qasim Authority (PQA), Excelerate Energy, Nakilat (NSQL), Qatar Energy, SSGC, PSO and operational teams…
The Institute of Chartered Accountants of Pakistan (ICAP) successfully held the Islamabad edition of the ICAP CFO Conference 2026 under the theme “The New Playbook – Adapt, Innovate, Elevate,” bringing together senior finance leaders, policymakers, regulators, and business executives to deliberate on Pakistan’s evolving economic landscape and the strategic role of finance leadership. In his welcome address, Mr. Muhammad Samiullah Siddiqui, President ICAP, highlighted the expanding role of Chief Financial Officers as strategic partners in navigating economic uncertainty, driving transformation, and ensuring sustainable value creation. He emphasized the need for finance leaders to adapt rapidly, innovate responsibly, and elevate organizational…
The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), is rapidly advancing development work on Pakistan’s first and largest IT city, CBD NSIT City, envisioned as a state-of-the-art hub for technology, innovation and investment. Chief Executive Officer CBD Punjab, Imran Amin, visited CBD NSIT City to review the ongoing development activities and assess the pace of work at different sites of the landmark project. During the visit, he was accompanied by Director Project Management Asif Iqbal, Director Architecture and Planning Sameer Aftab Sial, Director Construction Asif Babar, Project Manager CBD NSIT City…
