Business
Mari Energies and Ghani Chemical Form JV to Recover Hydrocarbons in Sindh
Mari Energies Limited has partnered with Ghani Chemical Industries Ltd. to launch a joint venture aimed at processing vent and exhaust gases from the Sachal Gas Processing Complex in Daharki, Sindh. The project will recover valuable hydrocarbons, producing liquefied natural…
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Finance Division Introduces Policy for Issuance of Commemorative Coins
3 min read
ISLAMABAD: The Finance Division has introduced a commemorative coins policy to create a structured process for issuing special coins. Previously, the lack of a defined…
Zarea, Pakistan’s B2B Platform, Announces Plans for IPO
2 min read
Zarea Limited, a leading commodities B2B platform in Pakistan, is aiming to raise a minimum of Rs1 billion ($3.59 million) through an initial public offering…
Massive Corruption Scandal Exposed in Solar Panel Imports Involving Dubai Islamic Bank
3 min read
Islamabad: A Senate subcommittee on Finance has unearthed a staggering multi-billion-rupee corruption scandal tied to solar panel imports. The investigation revealed massive over-invoicing and dubious…
Telenor Microfinance Bank Becomes Easypaisa Digital Bank
2 min read
Telenor Microfinance Bank has successfully rebranded itself into easypaisa Digital Bank as the change came into effect on January 28, 2025. “We are excited to…
SBP to Introduce New Currency Notes with Enhanced Security in 2025
3 min read
The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, announced on Monday that the central bank plans to issue new currency notes in…
Punjab Grants Property Tax Exemption for Properties Up to Rs. 5 Million
2 min read
The Punjab Excise and Taxation Department has unveiled a significant property tax exemption for houses and residential plots valued at up to Rs. 5 million.…
Faceless System Clears Goods in 18 Hours
3 min read
KARACHI: Muhammad Jamil Nasir Khan, Chief Collector of Customs Appraisal in the South, stated that the newly introduced Faceless Customs Assessment (FCA) system has significantly…
Billionaire Ambani to Build World’s Largest Data Centre in India
4 min read
Mukesh Ambani’s Reliance Group is set to build one of the world’s largest data centres in India, designed to accommodate massive capacity. This development is…
TPL Corp and Abhi Finalize Acquisition of FINCA Microfinance Bank
2 min read
TPL Corp Limited (TPL) and Abhi Private Limited have finalized the acquisition of a majority shareholding in FINCA Microfinance Bank. TPL Corp and Abhi had…
PSBA: 61,000 New Stock Accounts Opened in 6 Months
3 min read
The Pakistan Stock Brokers Association (PSBA) announced that over 61,000 new stock market accounts were opened in just six months, demonstrating significant growth in investor…
Visa and Meezan Bank Launch Pakistan’s First Student Debit Card to Drive Financial Inclusion
2 min read
Karachi: Visa, a global leader in digital payments, has partnered with Meezan Bank to introduce an innovative initiative aimed at supporting the digitization journey of…
PTCL Group and PPAF Mark Milestone with Ba-Ikhtiar Project’s Expansion, Empowering Women Across Pakistan
4 min read
Islamabad: PTCL Group, in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), organized an inspiring event to honor the achievements of women entrepreneurs empowered through…
$15M Trade Deal Signed Between Saudi EXIM Bank and Bank Alfalah
2 min read
A $15 million financing agreement was signed between the Saudi Export-Import Bank and Bank Alfalah of Pakistan. The purpose of the agreement is to strengthen…
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