Business

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UBG Welcomes Cut in Petroleum Prices, Calls for More Relief

UBG Welcomes Cut in Petroleum Prices, Calls for More Relief

KARACHI, June 20, 2026: United Business Group (UBG) Patron-in-Chief SM Tanveer and President Zubair Tufail have welcomed the government’s decision to reduce petroleum prices. They described the move as positive for both consumers and the business community. The UBG leaders said the government reduced fuel prices following a decline in …

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BankIslami Launches BIPL Exchange to Expand Shariah-Compliant Financial Services

BankIslami Launches BIPL Exchange to Expand Shariah-Compliant Financial Services

KARACHI, June 19, 2026: BankIslami has launched BIPL Exchange Company (Private) Limited, its wholly owned currency exchange subsidiary. As a result, the bank has expanded its financial services and strengthened Pakistan’s Riba-free financial ecosystem. BIPL Exchange began operations with the inauguration of its first branch. JS Group Founder Jahangir Siddiqui …

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ABHI Microfinance Bank, NADRA Technologies Partner to Advance Digital Financial Services

ABHI Microfinance Bank, NADRA Technologies Partner to Advance Digital Financial Services

KARACHI June 19,2026 : ABHI Microfinance Bank and NADRA Technologies Limited have signed a strategic partnership to accelerate digital financial services and expand access to secure, technology-driven solutions across Pakistan. Under the agreement, both organisations will explore new opportunities to improve financial inclusion and strengthen the country’s digital economy. In …

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Port Qasim Authority Renews Agreement with Engro Vopak Terminal to Strengthen Critical Infrastructure Operations

Port Qasim Authority Renews Agreement with Engro Vopak Terminal to Strengthen Critical Infrastructure OperationsPort Qasim Authority Renews Agreement with Engro Vopak Terminal to Strengthen Critical Infrastructure Operations

KARACHI, June 18, 2026: Port Qasim Authority (PQA) has renewed its Implementation Agreement with Engro Vopak Terminal Limited (EVTL). As a result, EVTL continues to operate Pakistan’s only integrated bulk liquid chemical and LPG terminal. Moreover, this renewal extends a partnership of more than three decades between the two organisations. …

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Headline: Al-Ghazi Tractors Joins Pakistan Agricultural Coalition to Boost Farm Modernisation

Headline: Al-Ghazi Tractors Joins Pakistan Agricultural Coalition to Boost Farm Modernisation

LAHORE, June 18, 2026: Al-Ghazi Tractors Limited (AGTL), one of Pakistan’s leading tractor manufacturers, has joined the Pakistan Agricultural Coalition (PAC) as a patron. The two organisations formalised the partnership by signing a Memorandum of Understanding (MoU). Through this partnership, Al-Ghazi joins a coalition of leading businesses and financial institutions …

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Emirates Launches Industry-First Travel Insurance with Conflict-Related Medical Cover

Emirates Launches Industry-First Travel Insurance with Conflict-Related Medical Cover

KARACHI, June 18, 2026: Emirates launches the world’s first Comprehensive Travel Cover. With this move, it becomes the first airline to offer insurance that includes medical cover for conflict-related incidents. In addition, it provides airline-managed hotel stays and extended support during major travel disruptions. Moreover, Emirates rebooks passengers at no …

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