LAHORE: The Lahore University of Management Sciences (LUMS), through its CHISEL Lab, has entered into a strategic research and development collaboration with Allied Bank to explore the potential of robotics and Human-Robot Interaction (HRI) in transforming banking experiences. The agreement was signed by Mr. Muhammad Zaman, Group Head, Digital Transformation …
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Karachi, May 6, 2026: Reinforcing its position as a global leader in advanced energy storage and solar solutions, Livoltek has announced the signing of a strategic Memorandum of Understanding (MoU), alongside the EPC agreement between Hub Salt and Optimisen, for the deployment of a 2.35MWh Battery Energy Storage System (BESS) …
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KARACHI, May 6, 2026: Pakistan’s industrial sector is showing signs of sustained recovery, posting strong growth despite ongoing regional geopolitical tensions and global energy uncertainties that continue to pressure supply chains worldwide. According to Khurram Schehzad, Large-Scale Manufacturing (LSM) recorded an 11% year-on-year increase in March, reflecting a notable rebound …
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Karachi, May 06, 2026 –: BankIslami and its digital banking platform- aik, partnered with Paklaunch for the 8th edition of its flagship event, UNConference ‘26. The two-day summit gathered a select group of founders, investors, and policymakers to discuss the trajectory of Pakistan’s startup ecosystem, with a particular focus on Fintech, artificial intelligence, …
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KARACHI, May 6, 2026: The Pakistan Stock Exchange (PSX) witnessed a historic rise in investor participation in April 2026, with more than 24,000 new accounts opened during the month, according to Khurram Schehzad, adviser to the finance minister. Sharing the latest figures, Schehzad said a total of 24,150 new investor …
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KARACHI, May 4, 2026: FrieslandCampina Engro Pakistan Limited (FCEPL), has become the first company in Pakistan’s dairy industry to partner with State Life Insurance Corporation of Pakistan (SLIC), to introduce a dedicated life insurance programme for dairy farmers. The pioneering initiative aims to provide financial security insurance coverage for over …
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Wuhu (CHINA): During the 2026 Chery Global Conference, the TIGGO 9 underwent a public three-vehicle composite crash validation designed to replicate high-risk traffic scenarios. Unlike conventional tests, it simulated simultaneous front and rear impacts, with a 50 km/h frontal collision and a 40 km/h rear impact, placing significantly higher stress …
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KARACHI, May 4, 2026: ABHI Microfinance Bank Ltd. has entered into a strategic partnership with REDtone Group, a multi-country telecom, engineering, and digital transformation company, to introduce an enhanced employee banking solution aimed at improving financial access and convenience for corporate employees. The collaboration is designed to empower the workforce …
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Karachi, May 04: Supernet Technologies Limited (STL) has announced its first financial results following merger with Supernet Limited (SNL), for the nine months ended March 31, 2026, delivering a strong performance. The Company reported a topline revenue of Rs 5.72 billion on a consolidated basis, which translated into a gross …
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Islamabad, May 4, 2026: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of shares in Rafhan Maize Products Company Limited by a consortium linked to the Nishat Group, following an initial review under the Competition Act, 2010. Under the transaction, shares of Rafhan Maize Products will be …
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