KARACHI, May 20, 2026: aik by BankIslami has introduced Raast QR payments in cattle markets across Pakistan ahead of Eid-ul-Azha 2026. The initiative supports the State Bank of Pakistan’s Go-Cashless campaign and aims to digitize traditionally cash-heavy marketplaces. As a result, buyers and merchants can now complete transactions more easily …
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ISLAMABAD, May 20, 2026: The leadership of the Islamabad Women Chamber of Commerce and Industry thanked the Capital Development Authority, Metropolitan Corporation Islamabad, State Bank of Pakistan, and JazzCash for helping establish Islamabad’s first dedicated marketplace for women entrepreneurs. The leaders said the initiative has opened long-awaited business opportunities for …
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KARACHI, May 18, 2026: Consumers Association of Pakistan (CAP) Chairman Kaukab Iqbal welcomed the Federal Constitutional Court’s decision to lift the ban on converting residential plots into commercial use in Karachi. Speaking to the media at the CAP head office, he called the ruling a historic step for Karachi’s development, …
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Islamabad: Muhammad Saeed Sheikh, a distinguished Pakistani-American humanitarian, community leader, and advocate for Pakistan-United States relations, was conferred the prestigious civil award Sitara-e-Khidmat by the President of Pakistan, Asif Ali Zardari, during an official investiture ceremony held at Aiwan-e-Sadr on May 13, 2026. The award was bestowed in recognition of …
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KARACHI , 15 May 2026: SM Tanveer, Patron-in-Chief of the United Business Group (UBG), said businesses cannot rely on bank deposits alone. Instead, he stressed, investment and industrial activity must drive economic growth. He also announced that UBG will soon present a shadow budget. In addition, he said the group …
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KARACHI, May 14, 2026: L’Oréal Pakistan has reached a key milestone in its domestic capability-building strategy. It has successfully localized Sodium Laureth Sulfate (SLES), a critical raw material used in shampoo production. In addition, the company has onboarded Tufail Chemical Industries Ltd. as a qualified local supplier. This move strengthens …
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Every time a material burns, it sets off a complex chemical reaction. This process, known as combustion, is not unique to any one source. It occurs in vehicle engines, industrial plants, household cooking fires, and cigarette use. Across these different settings, the underlying chemistry remains the same: when carbon-based materials …
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KARACHI, 13 May 2026 :The event was organized to strengthen engagement with NKATI members, support the onboarding of new SME clients, and further expand the bank’s foreign exchange relationships with businesses aiming to grow their cross-border trade and treasury capabilities. Discussions focused on how tailored banking and FX solutions can help …
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KARACHI, May 13, 2026: The State Bank of Pakistan (SBP) has received approximately $1.3 billion from the International Monetary Fund under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs, providing further support to Pakistan’s external financial position. According to the State Bank, the IMF Executive Board …
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KARACHI, May 12, 2026: Pakistan’s macroeconomic stability strengthened further in H1-FY26, despite headwinds from global trade-related uncertainty and domestic floods, according to the State of Pakistan’s Economy, Half Year Report FY26, released on Tuesady by the State Bank of Pakistan (SBP). The Report also notes that the Middle East War …
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