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. …
Read More »Wafi Energy Pakistan, Indus Motor Company Sign Deal for Genuine Motor Oil Supply
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 …
Read More »FCEPL and SLIC ensure financial security for over 1,500 farmers and their families.
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 …
Read More »ABHI Microfinance Bank, REDtone Group launch employee banking solution for corporate workforce
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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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, …
Read More »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 …
Read More »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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