Author: yasir

BingX, a leading cryptocurrency exchange and Web3-AI company, has announced the launch of SpaceX Pre-IPO perpetual futures, alongside the introduction of the SpaceX Xpool Airdrop campaign. This dual initiative enables users to gain exposure to one of the most closely watched private companies while earning rewards through participation SPACEX (VNTL) perpetual futures officially launched on April 14, 2026, and quickly gained strong traction among users, with SPACEX (PreStocks) launching on April 16, 2026. Within the first 24 hours of its launch, SpaceX (VNTL) rose to the third-largest new TradFi asset on the platform by trading volume. BingX is also introducing…

Plug-in hybrid electric vehicles (PHEVs) are emerging as the preferred entry point for electrified mobility in Pakistan and other emerging markets, as infrastructure and cost constraints slow the adoption of fully electric vehicles (EVs), according to industry data and recent market activity. The trend comes amid a broader global shift led by China, which has overtaken Japan and Germany to become the world’s largest car exporter, driven largely by new energy vehicles, including EVs and hybrid variants. In Pakistan, early indicators suggest consumer demand is tilting toward PHEVs, with Chery Master Pakistan reporting over 2,000 bookings for its plug-in hybrid…

itel Energy, a leading pioneer in residential and commercial energy storage solutions, today announced its return as a Diamond Sponsor for the Lahore Solar Expo 2026. From April 17th to 19th at the Expo Center Lahore, the company will unveil a historic fusion of high-fashion and advanced engineering, headlined by the launch of the AI-integrated Sparta Series and a first-of-its-kind “Phygital Walk.” As Pakistan targets a 60% share of clean energy by 2030, itel Energy is bridging the gap between hardware and lifestyle. The exhibition, located in Hall 2 (Booths C-2: 7-10 & 17-20), will move beyond traditional product displays…

Pakistan’s first-ever Sovereign Hybrid Sukuk marks a transformative step in the evolution of the country’s Islamic financial landscape, addressing long-standing structural challenges faced by Islamic banks, particularly the limited availability of scalable and Shariah-compliant investment avenues. The Sukuk was structured with the support of State Bank of Pakistan – Islamic Finance Development Department (SBP-IFDD) and a consortium of Islamic financial institutions acting as Joint Financial Advisors, including Meezan Bank Limited, Bank Alfalah Limited (Islamic Banking), Dubai Islamic Bank Pakistan Limited, Bank Islami Pakistan Limited and Standard Chartered Bank (Islamic banking). As the country’s first and largest Islamic bank and one…

IPAK Group has delivered a strong performance for the nine months ended 31 March 2026, with consolidated net profit increasing significantly to PKR 2.36 billion compared to PKR 749 million in the corresponding period last year, translating into earnings per share (EPS) of PKR 3.50. This performance reflects improved operating dynamics, higher capacity utilization across subsidiaries, and continued cost discipline across the Group. Group’s consolidated sales increased by 16.8% to PKR 30.43 billion (2025: PKR 26.06 billion), supported by improving demand conditions and the strength of the Group’s integrated manufacturing platform across BOPP, BOPET, and CPP film segments. Exports remained…

The Akhter Hameed Khan Foundation (AHKF) is successfully bridging critical gaps in access to primary healthcare, particularly in low-income urban settlements. 35,000 households are successfully reached out for healthcare-related services in underserved urban communities between December 2025 and March 2026 and aim to expand their reach to 100,000 households in the coming months. The outreach carried out in low-income settlements, including Dhoke Hassu, Rawalpindi and Orangi, Karachi, was part of the organization’s ongoing work to improve access to primary healthcare. Established in 2010, AHKF implements an integrated, community-based model that works within underserved communities to drive holistic development. The organization…

BingX, a leading cryptocurrency exchange and Web3-AI company, today announced it will renew its partnership with Chelsea FC, reinforcing its long-term position as a global leader in sports partnerships. The partnership with Chelsea FC has paved the way for BingX’s immersion into sports, evidenced by the recently announced partnership with Scuderia Ferrari HP. The extension with Chelsea demonstrates BingX’s strategy of aligning with world-class institutions, expanding its international presence, and connecting the rigorous discipline of elite teams with the performance of next-gen crypto trading. Since the inception of the partnership, BingX and Chelsea FC have united under a shared philosophy…

Meezan Bank, Pakistan’s leading Islamic bank and one of the largest banks in the country, and Indus Cloud, backed by the Master Group of Industries, have collaborated to accelerate the development of Pakistan’s digital and cloud ecosystem.

inDrive, a global mobility and urban services platform, has reported its most successful Eid-ul-Fitr performance to date in Pakistan. The 2026 festive period saw record-breaking activity across all major verticals. Establishing the platform’s role as an essential service provider during the nation’s highest demand holiday season. According to the latest data, inDrive witnessed a 1.5x increase in intercity rides during Eid week compared to the same period in 2025. This significant year-on-year growth highlights a strengthening trend of travellers choosing inDrive’s peer-to-peer (P2P) model for long-distance journeys home, with carpooling emerging as a key growth driver as more people opt…

The Aga Khan University Hospital (AKUH) Pakistan has earned The Joint Commission’s Gold Seal of Approval for its heart bypass surgery and senile (age-related) cataract surgery programmes, demonstrating continuous compliance with international performance standards. Recognised as a global benchmark for quality, the JCI Gold Seal of Approval affirms AKUH’s sustained commitment to delivering safe, high-quality patient care. The certifications cover two critical areas of care: Coronary Artery Bypass Graft (CABG) surgery, commonly known as heart bypass surgery, and Senile Cataract Surgery, which addresses the natural, age-related clouding of the eye’s lens. AKUH underwent a rigorous audit by Joint Commission International in early April…