KARACHI — Service Long March (SLM) Tyres, Pakistan’s first domestic manufacturer of all-steel radial tyres, is set for a major Initial Public Offering (IPO). Operating from a 50-acre facility in Sindh, SLM has captured 43% of the domestic radial market and recently expanded exports to the US and Brazil. Investors are closely watching this listing […]
LAHORE — Energy Minister Awais Leghari has announced that Pakistan will no longer set up new imported fuel-based Independent Power Producers (IPPs). Instead, the government is prioritizing a mass shift to Advanced Metering Infrastructure (AMI) for 10 million consumers and encouraging heavy investment in Battery Energy Storage Systems (BESS). This shift aims to capitalize on
ISLAMABAD — Finance Minister Muhammad Aurangzeb met with US Assistant Secretary S. Paul Kapur to discuss deepening economic ties. The meeting focused on accelerating Pakistan’s digital finance, technology, and energy sectors through transparent and predictable reforms. US officials acknowledged Pakistan’s stabilization efforts and expressed strong interest from American firms in long-term infrastructure and technology projects.
LAHORE — The Ministry of Agriculture has initiated its first-ever “AI-Driven Smart Farming” pilot project in collaboration with top Chinese tech firms. Using satellite imagery and AI sensors, farmers will now receive real-time data on soil health, water requirements, and pest control through a mobile app. This project aims to increase crop yields by 20%
AI Agriculture Revolution: Pakistan Launches “Smart Farming” Pilot in Punjab and Sindh Read More »
ISLAMABAD — To combat the ongoing energy crisis and promote green energy, the Federal Government has announced a complete tax exemption on the import of solar cells and raw materials. This move is expected to reduce the cost of locally assembled solar panels by 25-30%. The Ministry of Energy stated that the goal is to
Solar Energy Tax Relief: Government Announces Zero-Duty on Imported Solar Cells Read More »
ISLAMABAD — In a massive boost for the local entrepreneurship ecosystem, Saudi Arabia and Pakistan have officially signed a $500 million “Tech Investment Fund” during the Pak-Saudi Business Forum. This fund is specifically designed to support early-stage startups in AI, Fintech, and Agri-tech. This partnership aims to bridge the gap between Middle Eastern capital and
Saudi-Pakistan Tech Deal: $500 Million Investment Fund Launched for Local Startups Read More »
In a monumental move for the country’s digital landscape, Google has officially announced the establishment of its first “Cloud Region” in Pakistan. This infrastructure will allow local businesses, government agencies, and start-ups to store and process data within national borders, significantly reducing latency and enhancing security. IT experts believe this move will attract billions in
Google Cloud Pakistan Launch: Tech Giant to Setup First Cloud Region in Islamabad Read More »
KARACHI — Following the recent passage of the Gig Workers Rights Bill, Pakistan’s software and IT-enabled services (ITeS) exports have hit a historic high of $4.5 billion. The Ministry of Information Technology reported a 35% year-on-year growth, driven by increased international confidence in Pakistani talent and the streamlined tax processes for freelancers. Large-scale software houses
Pakistan IT Exports Record: Software Exports Cross $4.5 Billion Mark in 2026 Read More »
KARACHI — The State Bank of Pakistan (SBP) has officially entered the pilot phase of its Central Bank Digital Currency (CBDC), titled “Pak-Digital.” Selected commercial banks have begun testing the digital rupee for inter-bank settlements and retail micro-payments. This move aims to reduce the circulation of physical currency, combat document forgery, and bring millions of
SBP Digital Rupee Update: State Bank Initiates Pilot Phase for “Pak-Digital” Currency Read More »
THAR / BERLIN — Pakistan has signed a massive $1.2 billion agreement with a German energy consortium to launch a Green Ammonia production plant in Thar. By utilizing solar and wind power, the facility will produce carbon-free hydrogen, positioning Pakistan as an emerging player in the global green fuel market. This project aims to decrease
Thar Coal to Hydrogen: Pakistan Inks $1.2 Billion Deal for Green Ammonia Project Read More »
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