Islamabad: Muhammad Saeed Sheikh, a distinguished Pakistani-American humanitarian, community leader, and advocate for Pakistan-United States relations, was conferred the prestigious civil award Sitara-e-Khidmat by the President of Pakistan, Asif Ali Zardari, during an official investiture ceremony held at Aiwan-e-Sadr on May 13, 2026. The award was bestowed in recognition of …
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KARACHI, May 13, 2026: The State Bank of Pakistan (SBP) has received approximately $1.3 billion from the International Monetary Fund under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs, providing further support to Pakistan’s external financial position. According to the State Bank, the IMF Executive Board …
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KARACHI, May 12, 2026: Pakistan’s macroeconomic stability strengthened further in H1-FY26, despite headwinds from global trade-related uncertainty and domestic floods, according to the State of Pakistan’s Economy, Half Year Report FY26, released on Tuesady by the State Bank of Pakistan (SBP). The Report also notes that the Middle East War …
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KARACHI: A high-level Chinese business delegation comprising around 50 members has arrived in Pakistan to explore joint venture opportunities with Pakistani entrepreneurs and strengthen bilateral trade and investment ties between the two friendly countries. The delegation includes representatives from a wide range of sectors including chemicals, automobile, construction, building raw …
Read More »Recognition highlights the Bank’s Shariah-compliant platform across client segments and its sukuk structuring capability across growth markets Karachi : May 8,2026 Standard Chartered has been named ‘Islamic Bank of the Year’ and awarded ‘Most Innovative Sukuk’ by The Banker, recognising the strength of its Islamic banking platform across affluent, corporate and …
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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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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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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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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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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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