Author: yasir
Pak International Business Forum (PIBF) has warmly welcomed the emerging peace agreement between Iran and the United States and praised the constructive role played by Pakistan and other facilitators in bringing the two sides to the negotiating table. The agreement is expected to reduce regional tensions, reopen vital trade routes, and pave the way for the gradual easing of sanctions on Iran, creating significant economic opportunities for neighboring countries, including Pakistan. In a joint statement, PIBF President Dr. Mushtaq Mangat and Secretary General Ejaz Tanveer said that the diplomatic breakthrough demonstrates the importance of dialogue in resolving international disputes and…
CBD Potohar redefines development by integrating smart infrastructure, future-focused industries, vibrant communities and sustainable urban growth creating a destination designed for what’s next. The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has officially announced the launch of CBD Potohar, a landmark initiative marking a new chapter in Punjab’s journey toward future-ready and investment-driven urban development. Strategically located on the rich land of Potohar, CBD Potohar is envisioned as a new economic and lifestyle hub where people can live, work, grow, and play in a modern, connected, and sustainable environment designed for…
IBA hosted a delegation of senior academics from Bangladesh today as part of an academic engagement hosted at the Main Campus. The visiting delegation comprised Deans, Vice Chancellors, Heads of Departments, Directors, Faculty Members, and senior representatives from leading Bangladeshi higher education institutions, including the University of Rajshahi, University of Dhaka, Chittagong University, Shahjalal University of Science & Technology, Jahangirnagar University, North South University, BRAC University, Asian University of Bangladesh, and Southeast University. The session commenced with a welcome note by Dr. S Akbar Zaidi, Executive Director, IBA Karachi, followed by the introduction of the delegation. The visit provided an…
Lucky Investments Limited (Lucky Investments), one of Pakistan’s fastest-growing Islamic Asset Management Companies, and DIB Pakistan a subsidiary of Dubai Islamic Bank UAE, have entered into a strategic collaboration to broaden access to Shariah-compliant investment solutions across Pakistan. As per the signed MOU in place, DIB Pakistan will distribute Lucky Investments’ Islamic mutual funds and pension funds through its nationwide branch network, enabling customers to conveniently access professionally managed Shariah-compliant investment products through one of Pakistan’s leading Islamic banking franchises. This initiative will enhance investment solutions across DIB Pakistan’s customer touchpoints – further strengthening ’ commitment to promoting Islamic savings,…
Kabeer Naqvi Entrepreneur in Residence, Abhi Some stories are about growth. Others are about survival. But once in a generation, a story emerges about resurrection. When TPL and Abhi came together to enter the banking space, we were not searching for an easy acquisition. We were stepping into one of the most difficult institutional recovery challenges in Pakistan’s financial sector. FINCA International, the outgoing shareholder, had built an institution that had served thousands with commitment over the years, but the devastating aftermath of COVID created losses that could no longer be sustained. Yet even in transition, there was one principle…
• 82% of consumers in Pakistan have used AI to assist with shopping, while 93% feel AI-powered tools make online shopping faster and easier. • 87% believe AI will play a critical role in protecting consumers from fraud in the future, but only 42% today trust AI agents to complete checkout. • 82% have purchased directly through social commerce, while 44% of consumers who experienced scams report it happened on social media. • 77% are concerned children struggle to recognize scams, and 33% have seen a child fall victim while gaming or shopping online. Visa, a world leader in digital…
Punjab Skills Development Fund (PSDF) and The Bank of Punjab (BOP) have signed an agreement to operationalize the Chief Minister’s Parwaaz Card Scheme for International Placement, facilitating financial access for youth seeking overseas employment opportunities. The agreement was signed by BOP Chief Digital Officer, Nofel Daud and PSDF CEO, Ahmed Khan. This strategic partnership establishes an outcome-based model to remove the barrier of upfront cost of opportunity in overseas employment for Punjab’s skilled youth. Under the scheme, eligible candidates in sectors including Construction, Retail, Caregiving, Hospitality, and allied sectors will access interest-free loans of up to PKR 1,000,000 to cover…
DIB Pakistan unveiled its new global brand identity across many branch locations nationwide, marking two decades of service in Pakistan, embracing a bold, purpose-driven new chapter. The transformation reflects the Bank’s commitment to carrying forward the legacy of DIB (UAE), which has pioneered Islamic banking for over 50 years, while reinforcing its vision for the future as the most progressive Islamic financial institution in the world. The new logo combines a distinctive DIB wordmark with the “Globus” symbol, bringing to life a modern vision of global Islamic banking. At its heart is a vibrant three-dimensional globe encircled by a radiant…
IBA KARACHI SECURES NBEAC’S HIGHEST ‘W’ CATEGORY ACCREDITATION FOR FIVE YEARS IBA School of Business Studies (SBS) has secured the National Business Education Accreditation Council’s (NBEAC) highest ‘W’ Category Accreditation for a period of five years. Awarded to educational institutions scoring 80% and above, the ‘W’ Category represents NBEAC’s most rigorous standards of academic quality, institutional excellence, governance, faculty strength, curriculum relevance, research, and continuous improvement. This prestigious recognition reflects the collective efforts and unwavering commitment of our faculty, students, leadership, and stakeholders who continue to uphold the values of excellence that define IBA Karachi. It also reinforces IBA-SBS’s position among…
Landmark mixed-methods research across 6 provinces finds that misinformation spread by anti-tobacco organizations regarding smoke-free alternatives, rather than habit or access, is the primary barrier to switching and that the gap is correctable. Smoking claims around 164,000 lives in Pakistan each year and costs the country a whopping 422 billion rupees in healthcare and lost productivity. It hooks 18.3 million adults, one in five Pakistani men, inside a combustion habit that the scientific world declared preventable decades ago. A landmark new study finds that the single biggest reason Pakistani smokers refuse to consider alternatives has nothing to do with price,…