Author: yasir

In a significant step toward strengthening access to quality higher education, IBA Karachi has joined hands with Pakistan National Shipping Corporation (PNSC) to support future leaders through scholarship endowment. PNSC has contributed PKR 10 million to IBA for the establishment of a perpetual scholarship endowment. The cheque handover ceremony was held at Main Campus, IBA Karachi, in which Mr. Sultan A. Chawla, Chairman, PNSC, presented the contribution to Dr. S Akbar Zaidi, Executive Director, IBA Karachi. This partnership marks the beginning of a long-term collaboration between two institutions committed to building capacity and creating pathways for underserved communities. Dr. Zaidi…

In a pioneering move into making sustainable mobility more accessible, BYD Pakistan – Mega Motor Company (BYD|MMC) has partnered with HUBCO Green (Private) Limited (HGL), a sustainability-driven subsidiary of The Hub Power Company, to launch the country’s largest DC fast-charging network for new energy vehicles (NEVs). This nation-wide rollout of infrastructure marks one of the most significant developments in the country’s shift towards electric mobility by addressing a critical gap in Pakistan’s EV ecosystem, and establishing the most extensive NEV charging network, making clean, reliable, and sustainable transportation a reality for the people of Pakistan. As part of this strategic…

Spotify released its Q1 2025 Earnings today, kicking off the year with strong momentum by outperforming across key metrics, including the highest Q1 Subscriber net adds since 2020 and a record high Operating Income. ● Subscribers increased 12% Y/Y to 268 million with highest Q1 net adds since 2020. ● Monthly Active Users reached 678 million up by 10% Y/Y. ● Total Revenue was up 15% Y/Y to €4.2 billion. ● Gross Margin improved by 400 bps YoY to 31.6%. ● Operating Income rose to €509M. Daniel Ek, Spotify’s Founder and CEO, said: “The underlying data at the moment is very healthy: engagement remains high, retention is strong, and thanks to our freemium model, people have…

ROX, Pakistan’s leading youth lifestyle brand from Jazz, has partnered with Nothing, the London-based tech company known for its iconic transparent design and cutting-edge performance, and Yellostone Technologies, a leading distribution company in Pakistan, to officially launch Nothing’s iconic devices in the country for the first time. Through this partnership, Pakistani consumers can now experience Nothing’s latest products, including the acclaimed Phone (2), Phone (2a), and CMF Phone 1. To mark the occasion, early adopters of the Nothing Phone (2) and Phone (2a) will receive a complimentary pair of CMF Buds, along with the exclusive ROX Insane Vibe Bundle that…

The Depilex Smile Again Foundation extends its heartfelt gratitude to the Punjab Assembly for the unanimous passage of the Punjab Acid Control Bill, 2025—a powerful step toward protecting survivors and preventing future acid attacks. “We are deeply thankful to the Punjab government and all stakeholders for recognizing the urgency of this issue,” said Masarrat Misbah, Founder President of the Foundation. “This legislation is a long-awaited victory for every survivor who has suffered in silence.” The foundation especially acknowledges the role of Ms. Hina Pervaiz Butt (MPA) and Syed Farhad Ali Shah (Prosecutor General Punjab) for their leadership in pushing this bill forward. Depilex Smile Again Foundation remains committed to its…

The grand finale of 2nd Life Pakistan 2.0 — a national climate innovation programme. At the finale, six standout teams were awarded cash prizes totalling PKR 2.625 million to further develop and scale their projects. These included winners from both the growth and idea stages of the competition. Hosted by SEED Ventures in collaboration with Unilever Pakistan and the United Nations Development Programme (UNDP) in Pakistan serving as the Secretariat for the National Plastic Action Partnership (NPAP), the event marked the conclusion of a six-month journey into circular economy entrepreneurship, spotlighting startups that view waste not as a problem but…

InfraZamin Pakistan in collaboration with the Securities and Exchange Commission of Pakistan (SECP), British High Commission Islamabad, and the Private Infrastructure Development Group (PIDG) hosted a seminar titled “Green Financing via Debt Capital Markets” in Islamabad. The event brought together senior professionals and international experts from the regulatory, financial, and development sectors to discuss the pivotal role of credit enhancement in mobilizing debt capital markets for sustainable development in Pakistan. The seminar featured keynote addresses and panel discussions with speakers, including Akif Saeed, Chairman SECP, Jo Moir, Development Director, British High Commission Islamabad, Maheen Rahman, CEO InfraZamin Pakistan, Boo Hock…

Payoneer (Nasdaq: PAYO), the global financial technology company powering business growth across borders, is proudly celebrating two decades of innovation, entrepreneurship, and transformation. Today, Payoneer enables millions of businesses to thrive globally, delivering record-breaking volume and revenue in 2024 and driving future cross-border trade expansion. Founded in 2005, Payoneer has evolved from a mass payout platform into a full financial stack fueling commerce across industries, markets, and over 7,000 trade corridors. In 2024, it powered $80 billion in transactions and expanded its offering through the acquisition of Skuad, a global workforce and payroll management platform. Reinforcing its commitment to entrepreneurship,…

Meta is launching a new Meta AI app built with Llama 4, a first step toward building a more personal AI. People around the world use Meta AI daily across WhatsApp, Instagram, Facebook and Messenger. And now, people can choose to experience Meta AI inside a standalone app. This release is the first version, and Meta is excited to get this in people’s hands and gather their feedback. Intelligence for You Meta AI uses Llama 4 to help you solve problems, navigate your daily questions, and better understand the world around you. With the ability to search across the web,…

The Best of Entrepreneurship Series in Asia (BOE Asia) is set to propel the entrepreneurial regional landscape once again with its much-anticipated 2nd edition, scheduled for May 10, 2025, at Lahore Expo Center, on the sidelines of the 26th ITCN Asia. Building on the success of the inaugural edition “Agri-tech: Feeding the Future”, which united a highly curated group of 350 participants from 14 countries and featured 20 influential speakers, the 2nd edition will focus on “Techpreneurship: Strategy, Innovation & Leadership”, aiming to explore how technology leaders are fueling economic growth from the OIC Asian member states. This event promises…