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Author: yasir
Master Changan Motors Limited (MCML), a joint venture between Master Group of Industries and Changan Automobile, has achieved another historic milestone—producing 50,000 vehicles in Pakistan within just five years. The achievement was celebrated at MCML’s state-of-the-art manufacturing plant in Port Qasim. MCML now ranks as the second-fastest new entrant to reach this milestone in Pakistan, ahead of Hyundai, MG, Peugeot and Haval, and stands as No.1 Chinese automaker in the country. Its diverse lineup includes the Oshan X7 SUV, Alsvin sedan, Karvaan MPV, and Sherpa pickup, catering to a broad spectrum of consumers. This milestone reflects MCML’s commitment to cutting-edge…
Being at the forefront of end-user facilitation and creating ease of doing business, the Central Depository Company of Pakistan Limited (CDCPL) has signed an important Memorandum of Understanding (MoU) with the Insurance Association of Pakistan (IAP) to enable and provide the Life Insurance Policy Finder for policyholders and their beneficiaries. The MoU was signed by Mr. Badiuddin Akber Chief Executive Officer CDC and Mr. Naved Akhtar Usmani Secretary General IAP, in the presence of Mr. Waseem Khan Director SECP, and other senior members of SECP, CDC, IAP, State Life, Adamjee Life and EFU Life. The Life Insurance Policy Finder initiative—recommended…
Pakistani community residing in the Kingdom of Saudi Arabia vowed toprovide all-out support to Pakistani IT and tech companies to enhanceinvestments and exports of the country.Majlise Pakistan, a professional forum of Pakistanis based in SaudiArabia hosted an event in Riyadh recently for Pakistani delegatesattending LEAP 2025, aimed at networking with IT companies to helpthem in business development, talent requirement, collaboration andjoin-ventures.On the Occasion, CEO Hexalyze Saad Shah said Pakistan’s professionalcommunity could provide a strategic partnership to Pakistani IT andtech companies for setting up operations and development of businessin the KSA market.He mentioned that Pakistani IT companies could hire IT professionalsresiding…
Engro Polymer & Chemicals (EPCL), a subsidiary of Engro Corporation, has successfully commissioned its Rs 11.7 billion hydrogen peroxide plant, marking a major milestone in its journey of undertaking investments that drive Pakistan’s economic growth. This project has been developed with investment from the International Finance Corporation (IFC) to support EPCL’s expansion in the hydrogen peroxide market. With an installed annual capacity of 28,000 tons, the hydrogen peroxide plant features state-of-the-art Chematur technology. By ensuring sufficient local production, EPCL will enable import substitution of around USD 11 million, reducing reliance on foreign suppliers and strengthening Pakistan’s industrial base. The company…
Barkat Frisian Agro IPO’s book building phase will start (today) on 17th February and continue till 18th February where high net worth individuals and institutional investors will subscribe to 100 percent of the issue size. The successful bidders, however, will be provisionally allotted only 75% of the issue size, i.e., 50,801,250 shares, and the company will offer the remaining 25% or 16,933,750 shares to the retail investors through the general public subscription. The book building will start at the floor price of Rs 13 per share. Based on the interest from investors during the book building process, the strike price…
Women Tech Quest, the pioneer Tech Competition for Women in Pakistan,an initiative of 10Pearls, is a platform for students and professionalwomen to compete, learn, network and showcase their competency andtalent in tech. The 9th edition of Women Tech Quest took place on Feb15, 2025 and was physically held in Karachi, Lahore, and Islamabad.Over 3000 women from various fields of technology attended the event.WTQ was launched back in 2017 as a competition dedicated tohighlighting women in tech, providing them a platform to showcasetheir skills, gain wide-spread recognition, and win great cash prizesand exposure to further fuel their careers.Additionally, every year a…
On February 1 and 2, 2025, Zabeel Park in Dubai transformed into a haven for poetry lovers, music enthusiasts, and those who cherish the Urdu language. Jashn-e-Rekhta 2025 was more than just a festival; it was an experience where stories came alive, voices from different generations met, and language found new meaning in this digital world. When Poetry Met the People The festival opened with a Grand Mushaira (a symposium of Urdu poetry) featuring literary icons like Javed Akhtar, Zehra Nigah, and Abbas Tabish. It wasn’t just an exchange of verses; it felt like a conversation between eras. The session set the tone…
Zong 4G, Pakistan’s leading digital services provider, has made history by launching the industry’s first-ever AI-generated television campaign for the ICC Champions Trophy, redefining the future of advertising in Pakistan’s telecom industry. This pioneering campaign isn’t just a marketing milestone—it’s a game-changer for the entire industry, marking a bold leap into AI-powered storytelling. As a company that has consistently pushed the boundaries of innovation, Zong 4G is setting an entirely new standard in digital advertising, showcasing the limitless potential of artificial intelligence in crafting compelling, immersive, and data-driven consumer experiences. AI is no longer just a tool for automation; it…
Saudi is emerging as a top global travel destination in 2025, offering exciting new opportunities for Pakistani travelers. With over 2.7 million Pakistani travelers visiting Saudi in 2024 and an anticipated 2.87 million in 2025, the country is strengthening its accessibility and diverse experiences beyond religious tourism. Saudi is enhancing travel for various segments, including solo female travelers, destination weddings, and cultural exploration. Pakistani talent and travelers are making a significant impact on Saudi’s thriving tourism and entertainment industries. In 2024, Pakistani esports players dominated the Esports World Cup (EWC) in Riyadh, outshining over 1,700 competitors and showcasing their rising…
Zong 4G, Pakistan’s leading telecom operator, participated in Capacity Middle East 2025, solidifying its position in the region’s evolving digital infrastructure landscape. The event, held at the Grand Hyatt Dubai Conference & Exhibition Centre, UAE, provided a dynamic platform for the company to strengthen partnerships, explore new opportunities, and advance global connectivity solutions. Over the three-day event, Zong’s LDI and International Business (IB) team engaged with key industry leaders at Capacity Middle East. The platform brought together participants from 90 countries and over 800 companies. These interactions helped strengthen operator-to-operator relations and secure strategic bilateral agreements. Zong 4G partnered with…