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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May, 2026
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4 May
Supernet Technologies Reports Rs 5.72 billion revenue in 9M FY2026
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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4 May
CCP approves Nishat Group’s acquisition of Rafhan Maize Products shares
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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April, 2026
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30 April
Pakistan may raise petrol prices up to Rs 100 as global crude hits 4-year high
Islamabad: The government of Pakistan is likely to increase petroleum prices by up to Rs100 in the upcoming review, as global crude oil prices surged to a four-year high amid rising geopolitical tensions. International oil markets witnessed a sharp rally after Brent crude prices climbed on concerns that escalating US-Iran …
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30 April
Murree Brewery set to begin exports, invites global distribution partners
ISLAMABAD, April 30, 2026: Murree Brewery, Pakistan’s oldest and leading beverage manufacturer, has announced plans to begin exports and has invited applications from distributors to support its international expansion in both alcoholic and non-alcoholic product segments. The company has called for distribution partners for the export of alcohol and non-alcohol …
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30 April
Govt Raises Rs114 Billion Through Hybrid Sukuk Auction
Karachi, April 30: The Government of Pakistan on Wednesday raised Rs114.347 billion through the third auction of its Hybrid Sukuk, marking the second such issuance in the current month, amid strong investor demand for Shariah-compliant instruments. Meezan Bank Limited acted as the Lead Joint Financial Advisor (JFA) for the transaction, …
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30 April
SBP eases housing finance rules, sets 15-day approval timeline
Karachi: The State Bank of Pakistan (SBP) has introduced additional facilitative measures under its housing finance program to improve access to loans and streamline the approval process for prospective borrowers. Under the revised framework, the central bank has capped the debt burden ratio at 65 percent, requiring that total monthly …
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30 April
Pakistan meets 86% mobile phone demand through local manufacturing in 1Q2026
Karachi: Pakistan met 86 percent of its mobile phone demand through local manufacturing and assembly during the first quarter of 2026, reflecting the continued growth of the country’s domestic handset production ecosystem. According to the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile phone companies manufactured or …
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30 April
SIT Praises Federal Reforms, Crackdown on Illicit Tobacco
KARACHI, April 30, 2026: Stop Illegal Trade (SIT) has commended the enforcement efforts of the Federal Board of Revenue (FBR), which have yielded significant results over the past year. These include sealing illegal manufacturing units, seizing illicit cigarette stocks, and confiscating raw materials. Enforcement measures continue to dismantle the illicit …
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29 April
Standard Chartered Pakistan delivers profit before tax of PKR 11.7 billion
Highlights: • Profit before tax of PKR 11.7 billion • Revenue of PKR 16.6 billion • Strong growth in net advances up by 21% since the start of the year Pakistan, 29 April 2026 – Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with a Profit before tax of PKR 11.7 bn …
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