The Biz Update One of Pakistan's Most Reliable Business News Website
Karachi:May 8, 2026 At a time when health systems around the worldare facing workforce shortages, rising patient needs and growing pressure to deliverquality care, the Aga Khan University School of Nursing and Midwifery Pakistan(SONAM, PK), together with the Aga Khan University Hospital (AKUH) Division ofNursing Services, commemorated International Nurses and …
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May, 2026
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6 May
Corporate Mobility Redefined: Yango Pakistan Launches Yango Rides for Business
KARACHI, 6th May 2026 : Yango Pakistan, part of the global technology company Yango Group, has launched Yango Rides for Business, a corporate ride service introducing tailored mobility solutions for businesses of all sizes. It is now fully operational in Karachi and Lahore, with Islamabad scheduled to go live soon. …
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6 May
Wafi Energy Pakistan, Indus Motor Company Sign Deal for Genuine Motor Oil Supply
KARACHI, May 6, 2026: Wafi Energy Pakistan and Indus Motor Company have entered into a strategic partnership for the supply of Toyota Genuine Motor Oil (TGMO) in Pakistan. Under this agreement, Wafi Energy Pakistan will supply two key product grades, Petron Plus 10W-30 and Petron 20W-50 , developed to meet …
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6 May
LUMS Collaborates with Allied Bank to Advance Robotics Innovation in Banking
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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6 May
Livoltek to Deploy 2.35MWh BESS at Hub Salt in Landmark Pakistan Project
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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6 May
Pakistan’s Manufacturing Momentum Continues, Posts Double-Digit Growth
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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6 May
BankIslami, aik Join Paklaunch to Drive Dialogue on Fintech, AI at UNConference ‘26
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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6 May
PSX Sees Record Surge in New Investors in April,
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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5 May
FCEPL and SLIC ensure financial security for over 1,500 farmers and their families.
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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4 May
Chery Real-World Safety ValidationProven Under Extreme Conditions
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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