August 28, 2026

Zeeshan Khan

Global AI Impact Awards 2026 promotional banner with golden trophy, Karachi Pakistan

Global AI Impact Awards 2026 Set to Recognise Excellence, Innovation and Leadership in AI

Karachi, Pakistan — The Global AI Impact Awards 2026, organised by Pro AI Global, is set to bring together AI professionals, business leaders, innovators, organisations and technology-driven individuals on a global platform dedicated to recognising meaningful contributions in artificial intelligence.The awards aim to celebrate individuals and organisations that are using AI to drive innovation, improve […]

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Modern glass office building under construction with cranes, architectural rendering

Healthcare Network Growth: Indus Hospital & Health Network Expands Annual Budget to Rs68 Billion

KARACHI — Chronicling one of the most successful healthcare delivery footprints in the country, Indus Hospital and Health Network (IHHN) CEO Dr. Abdul Bari revealed that the network’s annual operational budget has expanded to Rs68 billion. Presenting at a corporate gala organized by KATI, Dr. Bari highlighted that the network has grown from a single

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Stock exchange building signage, insurance acquisition news

Corporate Insurance Acquisition: Jazz International Successfully Completes 76.33% Share Purchase of TPL Insurance

KARACHI — In a major development filed directly with the Pakistan Stock Exchange (PSX), Jazz International Holding Limited (the Acquirer) has officially completed its strategic acquisition of TPL Insurance Limited. According to the formal regulatory disclosures, Jazz has successfully acquired 76.33% of the issued share capital and operational control of TPL Insurance under a comprehensive

Corporate Insurance Acquisition: Jazz International Successfully Completes 76.33% Share Purchase of TPL Insurance Read More »

Thick smoke rising from an industrial factory fire in Karachi

Regional Utility Competitiveness: SITE and KATI Industrialists Demand Regional Power Tariffs to Protect Exports

KARACHI — Seeking immediate federal and provincial intervention to maintain export momentum, top business leaders from the Karachi SITE and Korangi Association of Trade and Industry (KATI) have officially urged the government to implement regional utility competitiveness measures. During a high-profile session, SAI President Abdul Rehman Fudda and KATI Patron-in-Chief Zubair Motiwala briefed Sindh Governor

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Officials shaking hands at Pakistan-China investment signing

Pakistan China Investments: MoUs Worth $20 Billion Transition Into Formal Commercial Contracts

BEIJING / ISLAMABAD — Strategic economic cooperation between Islamabad and Beijing has crossed a major milestone as over $20 billion worth of Memorandums of Understanding (MoUs) successfully transition into active commercial contracts. Pakistan’s Ambassador to China, Khalil Hashmi, briefed Finance Minister Muhammad Aurangzeb on the development, highlighting massive private sector engagement. The transition includes nine

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PM Shehbaz Launches PAITS and Guarantees 100% Vaccine Funding

Livestock Export Modernization: PM Shehbaz Launches PAITS and Guarantees 100% Vaccine Funding

ISLAMABAD — To rapidly scale up Pakistan’s agricultural export footprint, Prime Minister Shehbaz Sharif has formally launched the Pakistan Animal Identification and Traceability System (PAITS) during a national seminar in Islamabad. Addressing industry leaders, the Premier guaranteed that the federal government will provide 100% funding for the local development of Foot and Mouth Disease (FMD)

Livestock Export Modernization: PM Shehbaz Launches PAITS and Guarantees 100% Vaccine Funding Read More »

Shipping containers at port, trade deficit report

Trade Deficit Decade-High: Imports Outpace Exports in FY26 as Deficit Touches $39.6 Billion

ISLAMABAD — Pakistan Bureau of Statistics (PBS) has officially released the finalized fiscal data for FY2025-26, revealing that the country’s trade deficit has expanded to a staggering $39.6 billion—the highest level recorded in over a decade. Driven by a continuous surge in energy imports and global commodity prices, overall imports climbed to $69.7 billion, representing

Trade Deficit Decade-High: Imports Outpace Exports in FY26 as Deficit Touches $39.6 Billion Read More »

trade activity Pakistan Railways Freight Revenue

National Freight Revenue Growth: Pakistan Railways Registers Record 20% Earnings Surge to Touch Rs115 Billion

LAHORE / ISLAMABAD — Bolstering the state’s multi-modal logistics layout, Railways Minister Muhammad Hanif Abbasi confirmed that Pakistan Railways has achieved a phenomenal 20% year-on-year revenue surge, banking Rs115 billion for the fiscal cycle. Defying major regional disruptions, freight commercial operations aggressively generated Rs41 billion—marking a solid 14% growth—while standard passenger networks remained the single

National Freight Revenue Growth: Pakistan Railways Registers Record 20% Earnings Surge to Touch Rs115 Billion Read More »

Stock exchange trading floor, tech IPO oversubscription

Tech Sector IPO Subscription: Select Technologies Limited Public Offering Oversubscribed by 1.73 Times

KARACHI / ISLAMABAD — Signifying robust retail investor trust in tech-driven equities, the Initial Public Offering (IPO) of Select Technologies Limited has closed with a massive 1.73x oversubscription rate. According to formal regulatory data submitted to the Pakistan Stock Exchange (PSX) by book-runner Arif Habib Limited, the public subscription window pulled in 12,186 individual applications

Tech Sector IPO Subscription: Select Technologies Limited Public Offering Oversubscribed by 1.73 Times Read More »

Shipping containers at port, freight revenue growth

National Freight Revenue Growth: Pakistan Railways Registers Record 20% Earnings Surge to Touch Rs115 Billion

LAHORE / ISLAMABAD — Bolstering the state’s multi-modal logistics layout, Railways Minister Muhammad Hanif Abbasi confirmed that Pakistan Railways has achieved a phenomenal 20% year-on-year revenue surge, banking Rs115 billion for the fiscal cycle. Defying major regional disruptions, freight commercial operations aggressively generated Rs41 billion—marking a solid 14% growth—while standard passenger networks remained the single

National Freight Revenue Growth: Pakistan Railways Registers Record 20% Earnings Surge to Touch Rs115 Billion Read More »