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) …
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KARACHI June 23,2026 : The State Bank of Pakistan (SBP) released the advance calendar for Monetary Policy Committee (MPC) meetings for FY27. It also expanded its communication framework to improve transparency and predictability in monetary policy. Moreover, SBP increased post-MPC press conferences from two to four per year. The Governor …
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KARACHI June 23 ,2026 : Avanceon Limited (AVN) held its corporate analyst briefing today to discuss CY25 results and future outlook. The company reported consolidated CY25 revenue of Rs15.9bn with EPS of Rs1.51, compared to Rs16.1bn and EPS of Rs5.11 in CY24. It also announced a dividend of Rs1 per …
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KARACHI, June 23, 2026: BYD Pakistan, through its partner Mega Motor Company (Pvt.) Ltd., expanded its footprint in Karachi by opening a third authorized dealership in Korangi. The company took this step to meet rising demand for New Energy Vehicles (NEVs) in Pakistan’s largest auto market. With this addition, BYD …
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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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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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KARACHI June 18,2026 : The Naya Nazimabad Foundation has awarded scholarships to 200 deserving students of Jinnah University for Women. As part of the initiative, Syed Muhammad Talha, representing industrialist Arif Habib, presented a cheque of Rs 10 million to Vice Chancellor Prof. Dr. Naeem Farooqui. Moreover, senior officials, including …
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KARACHI, June 18,2026: Chairman of the Securities and Exchange Commission of Pakistan (SECP), Dr. Kabir Ahmed Sidhu, has directed the Pakistan Mercantile Exchange (PMEX) to speed up the development of physically deliverable agricultural futures contracts. He asked PMEX to prepare a clear roadmap for launching these contracts. In addition, he …
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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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KARACHI/ISLAMABAD, June 18, 2026: Pakistani freelancers have made history by earning over $1 billion in foreign exchange during the first eleven months of the current fiscal year. As a result, they have strengthened their role in Pakistan’s economy and expanded the country’s presence in the global freelancing market. According to …
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