KARACHI: K-Electric Board has decieded to change in its top leadership, appointing Adeeb Ahmed as the company’s new Acting Chief Executive Officer (CEO). The decision was taken by the company’s board meeting held on Friday. The meeting which named Ahmed as acting CEO until a permanent chief executive is appointed. …

Karachi, February 12, 2026: K-Electric (KE) organised six facilitation camps, commonly known as Khuli Kachehris, across various areas of Karachi, attracting more than 2,400 customers and recovering approximately Rs23 million in outstanding dues. The camps were set up in North Karachi, Surjani, Bin Qasim, Zamzama, New Karachi, and Shah Faisal …

Karachi: Governor State Bank of Pakistan (SBP), Mr. Jameel Ahmad, has called for scaling up Zarkheze, SBP’s flagship digital agricultural lending platform, to expand credit outreach particularly among small farmers in underserved and unserved areas. He was addressing a meeting of the Agricultural Credit Advisory Committee (ACAC) held in Karachi …

Islamabad, February 11: The Securities and Exchange Commission of Pakistan (SECP) has approved the acquisition of a controlling stake in TPL Insurance Limited by Jazz International Holding Limited, marking a significant milestone for foreign direct investment (FDI) in Pakistan’s insurance sector. The transaction brings together a leading digital insurer and …

Karachi, February 12, 2026: In a significant step aimed at supporting Pakistan’s economic recovery, the country’s banking sector has voluntarily reduced markup rates on the Export Refinance Facility (ERF) by 3 percent. The move lowers the end-user financing rate for exporters to 4.50 percent on all new loans and rollovers, …

Karachi: Pak Suzuki Motor Company (PSMC) has achieved a major milestone by exporting its popular Ecstar engine oil to Oman for the first time, becoming Pakistan’s first OEM to accomplish this achievement. According to the company, Ecstar is a globally recognized engine oil brand used for cars, motorcycles, and outboard …

Karachi: Karachi International Container Terminal (KICT) is facing serious delays as more than 38,000 containers are still pending delivery. Customs authorities have issued a warning and may take legal action under the Customs Act, 1969. The Collectorate of Customs Appraisement West sent a notice to KICT CEO Naveed Qureshi, saying …

Karachi, February 11, 2026: Dawlance, Pakistan’s leading home appliance manufacturer and a subsidiary of Beko Group, has received the Climate Action Award at the 4th Pakistan Climate Conference 2026 organized by the Overseas Investors Chamber of Commerce and Industry (OICCI). The award recognizes Dawlance’s efforts in promoting sustainable business practices, …

Karachi, February 10, 2026: Pakistan’s capital market has successfully moved to the T+1 settlement cycle, a major step aimed at improving efficiency and reducing risk in stock market transactions. From February 9, 2026, all eligible trades at the Pakistan Stock Exchange (PSX) are now settled on a Trade plus one …

Islamabad, February 11, 2026: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with a high-level international investors’ delegation at the Finance Division to discuss strengthening private sector-led growth and supporting Pakistan’s reform agenda. The delegation included representatives from the International Finance Corporation (IFC), British International Investment (BII), Asian …