The Biz Update One of Pakistan's Most Reliable Business News Website

ISLAMABAD, June 23: The Securities and Exchange Commission of Pakistan (SECP) approved the Initial Public Offering (IPO) of LSE SPAC-II. This becomes the second Special Purpose Acquisition Company (SPAC) set for listing on the Pakistan Stock Exchange (PSX). Moreover, it marks the 14th IPO approval in FY 2025–26, reflecting stronger …

KARACHI, June 23, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, signed a strategic partnership with US-based cybersecurity firm Resecurity. The bank took this step to strengthen its digital security and ensure a safer, Shariah-compliant banking experience. Moreover, Resecurity will provide Digital Risk Monitoring (DRM) and Cyber Threat Intelligence (CTI) …

KARACHI June 23, 2026 : Alkhidmat held two-day interview sessions at Idara Noor-e-Haq for its Summer Social Internship Program 2026. Thousands of young applicants participated over the two days, showing strong interest in the program. In addition, Alkhidmat will run an eight-month internship designed to build skills among youth. It …