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) …
Read More »SBP Releases FY27 MPC Calendar, Expands Communication for Greater Transparency
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 …
Read More »FPCCI Raises Alarm Over Wind Power Curtailment, Calls for Urgent Grid Reforms
KARACHI June 23,2026: FPCCI President Atif Ikram Sheikh said the Federation’s Central Standing Committee on Renewable Energy, chaired by Fawad Jawed, has expressed serious concern over rising curtailment of wind power plants. He said grid infrastructure failures are causing major financial losses. Moreover, he added that investors in green energy …
Read More »Avanceon Holds CY25 Briefing, Outlines Shift Toward Recurring Revenue and CY26 Growth Plan
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 …
Read More »BYD Expands Karachi Network with New Dealership to Meet Rising NEV Demand
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 …
Read More »Sabri Sisters Take Center Stage in New York’s Times Square as Spotify’s EQUAL Pakistan Ambassadors for Q2 2026
KARACHI, June 23, 2026: The Sabri Sisters have taken their music to one of the world’s most iconic stages. As Spotify’s EQUAL Pakistan Ambassadors for Q2 2026, Sanam and Anamta Sabri appeared on Spotify’s Times Square billboard in New York on June 17. With this achievement, the duo joined a …
Read More »Pakistan’s Quiet Diplomacy Could Reshape Its Global Role
KARACHI:June 22,2026 : Sometimes history changes quietly. There are no missiles, no warplanes, and no victory parades. Instead, a few leaders gather around a table, exchange words, and begin to alter the course of events. The recent diplomatic engagement at Switzerland’s Bürgenstock may appear routine today. However, history may remember …
Read More »Sonraj Launches ‘Beyond Luxury’ to Showcase the Stories Behind Global Luxury Brands
KARACHI ,June 22,2026 : Sonraj has launched Beyond Luxury, a new initiative that takes audiences beyond premium products to explore the craftsmanship, heritage, and people behind the world’s leading luxury brands. Through the campaign, Sonraj will share exclusive stories, visits, and insights on Gharyal.com and its digital platforms, including Maison …
Read More »UBG Welcomes Cut in Petroleum Prices, Calls for More Relief
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 …
Read More »BankIslami Launches BIPL Exchange to Expand Shariah-Compliant Financial Services
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 …
Read More »