Author: yasir

Mr. Zafar Masud, President & CEO, The Bank of Punjab and Chairman Pakistan Banks Association visited FPCCI and held an interactive session with the Business Community at FPCCI Regional Office Lahore, The session chaired by Mr. Zaki Aijaz, Regional Chairman and Vice President FPCCI. Mr. Manzoor ul haq Malik, Mr. Kashif Khokhar, Mr. Sardar Mian Nadeem Bara, Ms. Falahat Imran, EC and GB members of FPCCI, representative of trade bodies attended the session. During the interactive discussion, Mr. Zafar Masud highlighted the vital role of the banking sector in strengthening Pakistan’s economy and briefed participants on the financing schemes and…

Speaking at a panel discussion titled “How Digital Banks Can Thrive in the New Era?” at Money20/20 Asia in Bangkok, alongside digital banking executives and industry leaders, Farhan Hassan, Chief Digital Officer at easypaisa digital bank, said Pakistan’s digital banking transformation has been driven by a series of regulatory, technological, and market-led interventions rather than a single inflection point. He noted that Pakistan’s financial inclusion rate increased from 47% in 2018 to 67% in 2025, supported by digital innovation and policy reforms that expanded access to financial services. Farhan highlighted the role of platforms like easypaisa digital bank in advancing…

At a time when health systems around the world are facing workforce shortages, rising patient needs and growing pressure to deliver quality care, the Aga Khan University School of Nursing and Midwifery Pakistan (SONAM, PK), together with the Aga Khan University Hospital (AKUH) Division of Nursing Services, commemorated International Nurses and Midwives Day 2026 by highlighting the critical role of nurses and midwives in strengthening health care in Pakistan. The event brought together health care leaders, educators, policymakers, students and nursing and midwifery professionals from across the country to recognize the expanding contribution of nurses and midwives beyond traditional care…

Chery Master Pakistan, introduced locally by Master Auto Engineering, part of the Master Group with over 60 years of industrial and automotive legacy, has signalled the potential introduction of multiple new models in the local market following its strong participation at Auto China 2026, where the company engaged with global leadership and reviewed Chery’s next-generation product and technology roadmap. Building on its growing presence in Pakistan’s evolving New Energy Vehicle (NEV) landscape, the company is evaluating two to three future models for the local market, including the Tiggo 4 HEV, QQ BEV, and Tiggo V, products that reflect Chery’s broader…

IBA hosted a thought-provoking panel discussion titled, “Wars, Crisis, and Deterrence Stability in South and West Asia”, organized by the School of Economics & Social Sciences (IBA-SESS) at the Main Campus. The session brought together leading voices to examine the evolving nature of conflict, deterrence, international law, and regional security in an increasingly unstable global environment. The panel featured Professor Dr. Zafar Nawaz Jaspal, Interim Vice Chancellor & Meritorious Professor, Quaid-i-Azam University, Islamabad, who joined the session online; Ms. Reema Omer, Lawyer & Human Rights Professional, and Dr. Sajjad Ahmed, Assistant Professor, Department of Social Sciences and Liberal Arts, IBA.…

Reinforcing its position as a global leader in advanced energy storage and solar solutions, Livoltek has announced the signing of a strategic Memorandum of Understanding (MoU), alongside the EPC agreement between Hub Salt and Optimisen, for the deployment of a 2.35MWh Battery Energy Storage System (BESS) integrated with a 1.44MW solar PV system at the Hub Salt Refinery in Sindh. Powered by Livoltek’s advanced technology, this milestone marks the company’s first high-capacity BESS deployment in Pakistan and underscores its growing footprint in South Asia. The project will be executed by Optimisen as the EPC partner, combining advanced engineering expertise with…

ABHI Microfinance Bank Ltd. has entered into a strategic partnership with REDtone Group, a multi-country telecom, engineering, and digital transformation firm, to introduce enhanced Employee Banking Services designed to support REDtone’s workforce with greater financial convenience and accessibility. The Memorandum of Understanding (MOU) was signed on recently at a formal signing ceremony, where Asif Iqbal, Chief Financial Officer – REDtone Group, and Muhammad Umer Rauf, Head Transaction & Employee Banking – ABHI Microfinance Bank, signed on behalf of their respective organizations. The ceremony was attended by representatives from both institutions. Through this collaboration, employees of REDtone Group will gain access…

FrieslandCampina Engro Pakistan Limited (FCEPL), a leading multinational in the dairy and nutrition sector, has become the first company in Pakistan’s dairy industry to partner with State Life Insurance Corporation of Pakistan (SLIC), the country’s largest life and health insurer, to introduce a dedicated life insurance programme for dairy farmers. The pioneering initiative aims to provide financial security insurance coverage for over 1,500 farmers and their families under the Dairy Farmers Programme. As part of the company’s ongoing commitment to ‘Doing Dairy Right’; that encompassesfarmer welfare and sustainable livelihoods, the customized insurance “Dairy Farmers Insurance Programme.” is designed to support…

TECNO has officially launched the SPARK 50 in Pakistan, a value-driven smartphone designed to deliver long-lasting battery performance, durability, and reliable connectivity. Available at an accessible price segment, the SPARK 50 combines a powerful 7000mAh battery, a smooth 120Hz display, and a modern design to support the everyday needs of today’s connected users.At the core of the SPARK 50 is its 7000mAh Long-lasting Battery, engineered for extended usage without frequent charging. Supported by AI intelligent charging, the device is designed to optimise power efficiency and maintain long-term battery health. With an upgraded lifespan of up to 1200 charge cycles, the…

Sitara Petroleum Service Limited (SPSL) has successfully concluded its book-building phase on May 5, 2026, with the strike price determined at PKR 18.90 per share, the upper limit of the price band, reflecting strong and decisive institutional demand. The IPO was oversubscribed 7 times of the size. With the conclusion of this IPO, Sitara Petroleum Service IPO becomes the third largest IPO after Interloop and Airlink. The offering attracted investor interest of over PKR 11.7 billion, highlighting the depth of demand from institutional investors and high-net-worth individuals. The IPO comprises a total offering of 279.9 million shares, representing 16.66% company’s…