Author: yasir

MG Pakistan, in collaboration with JW SEZ, has announced the introduction of the SGMW Binguo EV, a B‑segment hatchback developed by SAIC‑GM‑Wuling (SGMW). The MG Binguo would be available at an attractive retail price Rs. 5,999,000. MG has started the booking at Rs. 1.2 million advance amount while the delivery may start by Q1 2026. The vehicle was on public display at PAPS and in select dealerships to gauge market response and consumer acceptability. The launch aligns with Pakistan’s New Energy Vehicles Policy 2025–2030, which sets adoption targets of 30% new EV sales by 2030 and 90% by 2040, supported…

Pak-Qatar Family Takaful Limited’s (PQFTL) IPO book-building has concluded with an impressive oversubscription of 3.2 times, marking the first-ever IPO of a dedicated Family Takaful company at PSX. Investors responded strongly, with the strike price closing at Rs 18.02 per share, compared to the floor price of Rs 14. Total demand reached Rs 1.67 billion against the issue size of Rs 525 million, resulting in an equity raising of Rs. 676 million. Shahid Ali Habib, CEO of Arif Habib Ltd., the lead manager for the IPO noted that this landmark offering marks the first-ever IPO in Pakistan’s Islamic insurance (Takaful)…

The Punjab Central Business District Development Authourity (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has successfully conducted the ballot for its premium luxury showroom rooms located in the prestigious CBD Punjab Quaid District on CBD Route 47. This milestone marks another significant achievement in the transformation of Punjab’s modern commercial landscape. Under this initiative, eight ( commercial plots, each measuring 1.5 kanals, were offered to investors. The plots received an overwhelming response from leading business groups, automobile brands, and investors interested in securing a foothold in Punjab’s rapidly developing commercial hub. The luxury showroom rooms are strategically…

Meta is introducing another bundle of features just in time for the holidays. This update is packed with exciting new additions including missed call messages, fun Status stickers, and more – making it easier than ever to connect with those who matter most.    CallsMissed call messages: The holidays are a busy time for catching up with loved ones and sometimes you may not reach someone right away. If they don’t answer, you can now record a voice or video note, depending on the call type, in one tap for them to listen to later. This new approach will make…

Infinix, a leading smartphone brand in Pakistan, is kicking off its highly anticipated 12.12 Sale with exclusive smart home bundles. This is the perfect opportunity for everyone to upgrade their homes with smart, connected technology that combines convenience and cutting-edge innovation. Now, you can get these perfect smart home bundles, featuring Infinix smartphones, smart TVs, and air purifiers, thoughtfully crafted to deliver maximum convenience, value, and a seamless upgrade experience. These limited-time bundles are available to grab at Lucky One, Packages Mall, or online through Xpark. (https://pk.xpark.com/value-bundle.htmlhttps://pk.xpark.com/premium-bundle.html) There are two smart bundles available in the Infinix 12.12 Sale. The Premium…

TikTok hosted its first Creator Day event in Pakistan, bringing together the country’s leading content creators for an immersive program designed to strengthen creator education, build capacity, and enhance the overall content landscape in Pakistan. The inaugural Creator Day event focused on TikTok’s key content categories in Pakistan, such as entertainment, sports, food, and learning, with sessions tailored to help these creator communities grow in a more structured and sustainable way. Through hands-on workshops, interactive panel discussions, and one-on-one sessions with the TikTok team, participants explored practical ways to improve content quality, increase engagement, and better understand platform tools. A…

Advising the business community to take a leading role in social transformation, the Adviser to the Prime Minister on Tourism, Sardar Yasir Ilyas Khan, called on leading businessmen and industrialists to allocate at least one per cent of their profits to charitable efforts aimed at enrolling over 26 million out-of-school children in Pakistan. He made this appeal while speaking as the chief guest at a special gathering organised to rally support from Islamabad’s business community for the Green Crescent Trust’s (GCT) ambitious drive to provide quality education to children from underprivileged communities in Sindh. The event was hosted by Usman…

Fatima Fertilizer has received significant international recognition by winning four major awards at The Drum Awards 2025 in London reflecting impactful purpose-led communication for the Salam Kissan campaign and the company’s strategic partnership with UNDP. The Silver award won for ‘Sustainability & Climate Action – Leading Sustainable Change for Pakistan’ recognized Fatima Fertilizer’s partnership with UNDP. Fatima Fertilizer has become the first company in Pakistan to adopt the SDGs Impact Framework, a commitment under which the company has mapped 8 impact areas to 15 SDGs and 49 targets to deliver measurable, people-oriented sustainability outcomes. Salam Kissan, a flagship campaign that…

A US-based data center operator Datarocx and Data Vault, Pakistan’s first dedicated AI data center, have signed a strategic partnership aimed at transforming Pakistan into a regional hub for artificial intelligence and high-performance computing. Under the partnership, Datarocx will extend its US operations into Pakistan, while Data Vault will serve as the sovereign, in country AI infrastructure platform. The agreement, signed in San Francisco, is expected to unlock hundreds of millions of dollars in investment in advanced AI chips, GPU clusters and supporting digital infrastructure to be deployed in Pakistan. Datarocx has obtained Special Technology Zones Authority (STZA) status in…

Oil and Gas Development Company Limited (OGDC) on Wednesday announced a major oil and gas discovery at its exploratory well Baragzai X-01 (Slant) in Nashpa Block, in Kohat district of Khyber Pakhtunkhwa. The well is currently producing 2,280 Barrels per Day (BPD) of oil and 5.6 Million Standard Cubic Feet per Day (MMSCFD) of gas, through choke size 32/64″at wellhead flowing pressure (WHFP) of 2400 psi. This marks the first hydrocarbon discovery from the Kingriali Formation in the Nashpa Block. OGDC is the operator of the Nashpa Exploration License with a 65% working interest, along with its joint venture partners…