Author: yasir

Mehmood Arshad has been appointed as the Chairman of the Economic Council by the Employers’ Federation of Pakistan (EFP). This decision was made by the Board of Directors during their recent meeting, which was held by the newly elected Board. Mr. Arshad is already a member of the EFP Board and has a wide range of experience in economic diplomacy, financial services, and corporate leadership. At present, he holds the position of Group Executive Director at Pak-Qatar Group and is also part of the boards of several prominent local and international organisations. The EFP leadership welcomed the appointment and expressed…

The Government of Pakistan on Wednesday raised Rs114.347 billion through the third auction of its Hybrid Sukuk, marking the second such issuance in the current month, amid strong investor demand for Shariah-compliant instruments. Meezan Bank Limited acted as the Lead Joint Financial Advisor (JFA) for the transaction, playing a key role in structuring and executing the issuance. The bank’s involvement reflects its continued leadership in Pakistan’s Islamic capital markets and its support for sovereign fundraising initiatives. The auction, conducted through the Pakistan Stock Exchange (PSX) on behalf of the Ministry of Finance (MoF), attracted robust participation, with total bids reaching…

Ericsson has underscored the transformative role of advanced connectivity, artificial intelligence (AI), and 5G in accelerating Pakistan’s digital economy at the inaugural EU–Pakistan Business Forum 2026. The two-day forum, held in Islamabad, brought together senior government officials, global technology leaders, investors, and industry stakeholders to explore avenues for investment, innovation, and deeper economic cooperation between Pakistan and the European Union. Participating in high-level roundtable discussions and keynote sessions, Ericsson highlighted how next-generation networks and AI-driven infrastructure can unlock productivity gains across key sectors, including logistics, energy, mobility, and financial services—areas critical to Pakistan’s long-term economic growth. The discussions reinforced that…

The Pak International Business Forum (PIBF) has announced the appointment of Muaz Qazi as Chief Organizer of PIBF Pakistan, in a move aimed at strengthening the organization’s leadership framework and enhancing its role in promoting business connectivity and economic growth. According to a statement issued here, Muaz Qazi is a distinguished business leader and currently serves as CEO & Co-Founder of Land Connect Group (LCG). He is widely recognized for his strategic insight, innovative approach, and forward-looking leadership within the business community. The statement added that his appointment reflects PIBF’s commitment to bringing dynamic and capable leadership into key organizational…

Pakistani youth and students equipped with advanced skills and qualifications are valuable national assets, as they hold immense potential to contribute to the global digital economy, bring foreign exchange into the country, and support their families. This was stated by Ibrahim Amin, Chairman of the Pakistan Freelancers Association (PAFLA), at a seminar titled “The Freelance Revolution: From Degree to Digital PR Deals,” held recently at the University of Karachi under the Department of Mass Communication. He highlighted that Pakistan is home to the third- or fourth-largest freelance community globally, with contributions reaching $856 million so far in the current financial…

A new era of sports and social lifestyle arrived in Lahore recently with the launch of The Garden Padel, the city’s newest state-of-the-art padel club. Designed for players of all skill levels, the 24-hour club aims to introduce and expand one of the world’s fastest-growing sports in a vibrant, community-driven environment. Located next to The Garden Spice Restaurant near Green Forts 2, The Garden Padel features world-class padel court built to international standards, a peaceful farmhouse setting with additional amenities, including mini-golf, VR gaming, and a restaurant, making it a suitable spot for family and friends. “Padel is more than…

The Pak International Business Forum (PIBF) has strongly condemned the recent increase in the policy rate by the State Bank of Pakistan, terming the decision detrimental to industrial growth and overall economic stability. In a statement issued on Tuesday, PIBF President Dr. Mushtaq Mangat said the hike in interest rates has come at a highly challenging time for the business community, which is already grappling with multiple cost pressures. He pointed out that persistently high petroleum (POL) prices, elevated electricity tariffs, and increasing diesel costs have significantly raised the cost of production and transportation across industries. “The government should have…

Dow University Hospital emerged as the champions of the Modern Premier League (MPL) Season 3, defeating Indus Hospital in a thrilling final to secure the coveted title. Batting first, Dow Hospital posted a competitive total of 82 runs for the loss of 2 wickets. In response, Indus Hospital fought valiantly but managed 76 runs for the loss of 3 wickets, falling short by 6 runs in a closely contested match. Organized by The Modern Hospital in Karachi, the league featured participation from over 24 leading hospitals across the city, fostering a spirit of camaraderie and healthy competition among healthcare professionals.…

BingX, a leading cryptocurrency exchange and Web3-AI company, today announced the integration of TradingView with its BingX TradFi suite, marking a significant step in bridging professional-grade market analysis with a unified multi-asset trading experience. The integration introduces TradingView’s industry-standard charting tools directly within BingX, enabling users to conduct advanced technical analysis without leaving the platform. By embedding institutional-level capabilities into its ecosystem, BingX is lowering the barrier for traders seeking deeper insights across both crypto and traditional markets. The move strengthens the positioning of BingX TradFi, which offers access to over 100 traditional financial instruments, including commodities, forex, stocks, and…

ABHI Microfinance Bank Ltd. has entered into a strategic partnership with Dastak Logistics (Private) Limited to introduce Merchant Lending Services aimed at supporting small and medium-sized businesses across Pakistan with easier access to working capital and business financing. The agreement was formalized at a signing ceremony where Muhammad Umer Rauf, Head Transaction & Employee Banking – ABHI Microfinance Bank, and Intizar Hussain, Chief Executive Officer – Dastak Logistics, signed on behalf of their respective organizations. The ceremony was also attended by senior representatives from both institutions. Under this partnership, eligible merchants operating within Dastak Logistics’ ecosystem will gain access to…