Author: yasir

Mastercard has joined forces with the Bank of Punjab (BOP) as an exclusive partner to enhance the bank’s proposition across consumer debit and credit, affluent portfolio and loyalty offerings. The collaboration seeks to transform the bank’s digital ecosystem and its customers’ digital experience. Customers of BOP’s priority banking program KHAAS will now benefit from Mastercard’s market-leading World and World Elite cards. Under this partnership, the bank will expand into new affluent segments with revised customer value propositions (CVP) and best-in-class products, aiming to establish KHAAS as the country’s preferred priority program for affluent and high-net-worth individuals (HNIs). The collaboration will…

Mozzam Waheed has been officially nominated as the convener of the Lahore Chamber of Commerce and Industry (LCCI) Standing Committee on Manufacturers of Gems and Jewellery for 2024-25. The nomination was made by LCCI President Mian Abuzar Shad, who recognized Mozzam’s dedication and leadership potential for this key role in the industry. The nomination letter was handed over to Mozzam Waheed in a formal ceremony, where the Vice President of LCCI Shahid Nazir Chaudhry congratulated him and expressed confidence in his ability to lead the committee. Mozzam, known for his commitment to the gems and jewellery sector, vowed to use…

The Government of Sindh (GoS), in partnership with the Legal Aid Society (LAS) and the United Nations Population Fund (UNFPA), has launched the revised Sexual Violence Response Framework (SVRF) 2025-2029. Building on the foundation of the 2020-2024 framework—which contributed to improving conviction rates from 5% in 2020 to 15% in 2023—the revised framework prioritizes stronger prevention mechanisms, survivor rehabilitation programs, and enhanced accountability measures. Inaugurating the event, the CEO of LAS, Barrister Haya Zahid remarked, “Our collective efforts over the last 5 years, have reduced the average trial time for SGBV survivors in Sindh from 16.8 months to just 8-9…

Dolmen Group; Pakistan’s largest operator of shopping malls and the first company in South Asia to operate REITS is excited to announce the grand opening of its largest mall to date in Lahore. Located in the prestigious Defence Housing Authority (DHA) Phase 6, this state-of-the-art development is set to transform the retail landscape of the region and provide a world-class shopping experience for local and international visitors alike. Set to become a shopping destination unlike any other in the country, Dolmen Mall Lahore has the biggest Gross Leasable Area (GLA), making it the largest mall in the country. The mall…

UBL Unveils the Visa Premium Plus Debit Card – A Groundbreaking Eco-Friendly Solution for a Sustainable Future. UBL (United Bank Limited) is proud to announce the launch of its Visa Premium Plus Debit Card, a pioneering financial product designed to cater to the evolving needs of eco-conscious customers while supporting the bank’s ongoing commitment to sustainability. The UBL Visa Premium Plus Debit Card is the first of its kind in Pakistan, made from recycled PVC, marking a significant step in UBL’s effort to push for environmental responsibility within the financial sector. The UBL Visa Premium Plus Debit Card is a…

The Sindh government is developing two special economic zones inKarachi to facilitate Chinese investors in setting up variousindustries in collaboration with local businessmen. This was stated bySyed Nasir Hussain Shah, Provincial Minister for Energy, Planning, andDevelopment on Saturday.Speaking as the chief guest on Saturday at the 10th Beauty, Fitness,and Consumer Health International Expo at Expo Centre Karachi, theprovincial minister highlighted that multiple industries are beingestablished in Karachi, the commercial hub of the country, mainly dueto shifts in global trade policies for China.Several countries plan to end direct imports from China, but Chineseproducts could still be indirectly imported via other countries,particularly…

Telenor Velocity, Telenor Pakistan’s premier startup accelerator program, in partnership with the Special Technology Zones Authority (STZA) and Invest2Innovate (i2i), successfully hosted a thought-provoking roundtable discussion during the prestigious +92Disrupt 2024. The session, centered on the theme “From Idea to Impact: Closing the Funding Gap in Pakistan’s Startup Ecosystem. The roundtable brought together 36 thought leaders representing investors, startups, corporates, entrepreneurial support organizations and policymakers to discuss building a robust startup funding ecosystem. Discussions focused on attracting domestic and foreign investment through policy consistency, tax incentives and regulatory reforms. Participants emphasized diversifying funding sources, fostering startup sustainability and enhancing investment…

IBA is leading the charge toward a sustainable future with its ambitious green initiatives. As part of its ongoing commitment to environmental stewardship, IBA has introduced several groundbreaking projects aimed at reducing its carbon footprint and promoting renewable energy across its campuses & hostels. One of the key highlights is the launch of electric-powered shuttles at the IBA Main Campus. These eco-friendly vehicles, powered by the solar plant at the campus, offer a green transportation solution for students, faculty, and staff. This initiative aligns with IBA’s sustainability goals and represents a significant step towards minimizing dependency on fossil fuels, ensuring…

Business and economic activities are evolving from traditionalsectors to emerging ones, including beauty, fitness, and consumerhealth, hence these sectors are creating increasing opportunities forinvestment and employment at both global and local levels, saidMuhammad Uzair Nizam, Executive Director of Ecommerce GatewayPakistan.Speaking at the inauguration of the 10th edition of Beauty, Fitness,and Consumer Health Asia, on Thursday alongside foreign delegates fromvarious countries, Nizam stated that emerging sectors are no longerniche but are gradually transforming into vital pillars of the globaleconomy.He added that these sectors are generating millions of jobs across thevalue chain—from manufacturing and marketing to research andretail—significantly boosting employment rates and…

InfraZamin Pakistan and Saudi Pak Industrial and Agricultural Investment Co Ltd signed a landmark transaction to provide an 11.5-year Distributed Solar Financing Facility to Acumen Energy Limited (Acumen) for PKR 1.28 billion. The Facility will be backed by a PKR 1.04bn credit guarantee to Saudi Pak and will mark InfraZamin’s first foray into renewable energy. The transaction, supported by Private Finance Advisory Network (“PFAN”) and Capital Resource as the advisors, will enable Acumen Energy Limited to finance the development of approximately 12 MW of solar power projects across Pakistan. Climate financing is a key focus area for the both InfraZamin…