KARACHI, June 17: Pakistan’s IT exports rose 13% year-on-year to $373 million in May 2026, according to Topline Research. However, they fell 12% month-on-month due to fewer working days during Eid holidays. Moreover, cumulative IT exports for the first eleven months of FY26 (11MFY26) climbed to $4.2 billion, up 21% …
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Karachi, June 17, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, has signed a Technical Services Agreement with Al-Hilal Shariah Advisors. Through this deal, both institutions aim to enhance Shariah screening and equity monitoring through data-driven tools. Under the agreement, Al-Hilal Shariah Advisors will provide technical support for screening listed …
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KARACHI, 17 June 2026: The Aga Khan University Hospital (AKUH) has signed two Memoranda of Understanding (MoUs) to introduce advanced robotic surgery systems. As a result, it is expanding access to minimally invasive, high-precision surgical care across Pakistan. Under the first agreement with MicroPort, AKUH will introduce the Toumai Surgical …
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KARACHI, June 15, 2026: Karandaaz Pakistan hosted a report launch and stakeholder dialogue titled “Digitalizing Transactions: Insights on E-Invoicing and Agri Spot Trading in Pakistan.” It brought together policymakers, regulators, financial institutions, private sector leaders, and development partners to discuss digital transaction infrastructure. Moreover, Karandaaz launched two research studies: E-Invoicing …
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KARACHI, June 13, 2026: The Pakistan Business Council (PBC) has welcomed several growth-oriented measures in the Federal Budget 2026-27, calling them a positive step toward economic stability and sustainable growth. However, it urged the government to maintain policy continuity and accelerate structural reforms. Commenting on the budget, PBC Chairperson Dr. …
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KARACHI June 13,2026: Pakistan Yarn Merchants Association (PYMA) Chairman Saqib Goodluck has termed the Federal Budget 2026-27 an “elitist budget,” accusing the government of completely ignoring small and medium enterprises (SMEs) and failing to fulfill longstanding commitments made to the textile trade community. In a strongly worded statement, Goodluck …
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KARACHI June 13,2026: Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), Salim Valimuhammad, has criticized the Federal Budget 2026-27, saying it ignores key proposals from commercial importers and fails to address long-standing trade sector concerns. In a statement, he said the government retained the Export Facilitation Scheme (EFS) …
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KARACHI June 13,2026: Founder Chairman of the Salt Manufacturers Association Pakistan (SMAP), Ismail Suttar, has criticized the Federal Budget 2026-27, saying it fails to introduce meaningful measures to revive exports at a time when Pakistan urgently needs higher foreign exchange earnings. In a statement, Suttar said the budget lacks a …
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KARACHI, June 13, 2026: President of the United Business Group (UBG) and former FPCCI President Zubair Tufail has welcomed the Federal Budget 2026-27, saying it supports economic stability. However, he urged the government to introduce stronger measures to boost exports, resolve the energy crisis, and promote industrial growth. According to …
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KARACHIJune 12,2026: Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Saquib Fayyaz Magoon, has welcomed the Economic Survey 2025-26, saying its figures indicate gradual economic recovery. However, he urged the government to introduce long-term reforms to accelerate growth. Magoon said Pakistan achieved 3.7 percent …
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