Author: yasir

ABHI Microfinance Bank Limited has signed a Memorandum of Understanding (MoU) with TouchPoint (Private) Limited to explore the expansion and modernization of its banking access infrastructure, including ATMs, Cash Deposit Machines (CDMs), card printing systems, and other essential self-service technologies. The collaboration establishes a structured framework for both organizations to evaluate how modern banking hardware and service capabilities can better support customer convenience and operational efficiency. As financial services continue to evolve, reliable and well-managed physical access points remain a critical bridge between digital banking and on-ground customer needs. Over the next twelve months, the two organizations will engage in…

inDrive, a global mobility and urban services platform, has officially launched inDrive.Groceries in Lahore in partnership with Krave Mart following the successful adoption of the service in Karachi. This expansion marks a major step in inDrive’s vision of building a SuperApp for Pakistan. With the launch of grocery service in Lahore, inDrive continues to strengthen its people-first model across all its services. The platform gives users the freedom to choose and ensures transparent pricing while also supporting thousands of livelihoods nationwide through income opportunities. “Karachi marked the first step for inDrive.Groceries as we introduced the service in Pakistan, with Lahore…

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…