August 28, 2026

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Telecom office signage, CEO appointment news

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

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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 »

People at trading terminal, IPO subscription news

Critical Infrastructure Cybersecurity: Resecurity and HNL Sign Historic MoU to Protect Pakistan’s Digital Grid

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ISLAMABAD — In what is being hailed as one of the most significant cybersecurity alignments in Pakistan’s tech sector, global threat intelligence titan Resecurity (USA) has officially signed a landmark Memorandum of Understanding (MoU) with Hitech Networks Private Limited (HNL). As Pakistan’s number one managed services provider—controlling over 14,000 BTS sites and core networks for

Critical Infrastructure Cybersecurity: Resecurity and HNL Sign Historic MoU to Protect Pakistan’s Digital Grid Read More »

Modern corporate conference room with display screens and seating

Telecom Executive Change: PTCL Appoints Nadeem Khan as CEO to Lead H2 Digital Growth Track

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ISLAMABAD — Pakistan Telecommunication Company Limited (PTCL) has officially announced a decisive leadership transition at the corporate level in a formal notification submitted to the Pakistan Stock Exchange (PSX). Effective immediately, Mohammad Nadeem Khan has been appointed as the Chief Executive Officer (CEO) of the telecom giant, taking over the helm from outgoing chief Hatem

Telecom Executive Change: PTCL Appoints Nadeem Khan as CEO to Lead H2 Digital Growth Track Read More »

Digital threat monitoring network graphic

Digital Risk Monitoring: BankIslami Partners with Resecurity to Deploy Enterprise Threat Intelligence

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KARACHI — In a major move to harden the local financial sector’s defensive parameters against rising global cyber threats, BankIslami Pakistan has officially forged a strategic operational alliance with global cybersecurity firm Resecurity. The partnership actively deploys cutting-edge Digital Risk Monitoring capabilities alongside advanced cyber threat intelligence engines across BankIslami’s network. This infrastructure upgrade is

Digital Risk Monitoring: BankIslami Partners with Resecurity to Deploy Enterprise Threat Intelligence Read More »

Officials in meeting, tax administration reform

Faceless Tax Administration: PM Shehbaz Accelerates FBR Reforms Following Historic Revenue Surplus

Economy, Finance / Leave a Comment

ISLAMABAD — Prime Minister Shehbaz Sharif has formally greenlit the next phase of aggressive automation for the Federal Board of Revenue (FBR), mandating an immediate shift toward a fully Faceless Tax Administration system. Meeting with an official FBR delegation in Islamabad following the conclusion of the fiscal cycle, the Premier lauded the tax machinery for

Faceless Tax Administration: PM Shehbaz Accelerates FBR Reforms Following Historic Revenue Surplus Read More »

Stock market data screen, capital market reforms

Capital Market Capitalization Boom: SECP Structural Reforms Yield Over Rs20 Billion via H1 IPO Run

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KARACHI / ISLAMABAD — Driven by aggressive capital market structural simplifications, the Securities and Exchange Commission of Pakistan (SECP) has successfully broken the country’s long-standing, singular dependency on commercial banking credit for corporate expansion. Official data finalized for the first half of 2026 reveals that nine major corporate entities successfully raised over Rs20 billion ($71

Capital Market Capitalization Boom: SECP Structural Reforms Yield Over Rs20 Billion via H1 IPO Run Read More »

Shipping containers at port, import duty news

Import Regulatory Duty Capped: Government slashes Maximum Tariffs to 20% Under Finance Act Rollout

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ISLAMABAD — The federal government has officially issued the official gazette notification activating the Finance Act 2026-27, bringing sweeping customs duty and regulatory rollbacks into immediate effect today. In line with the National Tariff Policy 2025-30, the FBR has issued SRO 1064(I)2026, aggressively capping the maximum regulatory duty (RD) rate—which previously stood at 50%—down to

Import Regulatory Duty Capped: Government slashes Maximum Tariffs to 20% Under Finance Act Rollout Read More »

Government revenue office building | FBR

FBR Tax Target Beaten: Revenue Machine Defies IMF Benchmarks with Record Rs13 Trillion FY26 Collection

Economy, Finance / Leave a Comment

ISLAMABAD — Ending the fiscal year on a massive high, the Federal Board of Revenue (FBR) officially announced that it has crossed its downwardly revised tax collection target for FY25-26 by over Rs21 billion. Driven by a massive, stronger-than-expected wave of corporate and direct income tax receipts flowing in during the final weeks of June,

FBR Tax Target Beaten: Revenue Machine Defies IMF Benchmarks with Record Rs13 Trillion FY26 Collection Read More »

Drone spraying crops in agricultural field

Agriculture Sector Overhaul: PM Shehbaz Convenes High-Level Panel to Transform Farm-to-Market Supply Chains

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ISLAMABAD — Moving to rapidly revitalize the country’s primary economic backbone, Prime Minister Shehbaz Sharif has directed a comprehensive, structural transformation of the entire agricultural ecosystem. The high-stakes strategy session brought together Federal Ministers Ahsan Iqbal, Muhammad Aurangzeb, and Shaza Fatima Khawaja alongside key financial and agricultural advisors. The finalized layout mandates a sweeping upgrade

Agriculture Sector Overhaul: PM Shehbaz Convenes High-Level Panel to Transform Farm-to-Market Supply Chains Read More »

Industrial export goods at port

Industrial Export Refund: Chambers Demand Immediate Clearance of PKR 327 Billion Backlog from FBR

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ISLAMABAD — Pushing for immediate cash-flow relief exactly one week after the formal passage of the federal budget, a high-level corporate delegation has presented a crucial roadmap to Minister of State for Finance Bilal Azhar Kayani. The apex trade representatives have strongly urged the state to clear outstanding refund backlogs amounting to a staggering PKR

Industrial Export Refund: Chambers Demand Immediate Clearance of PKR 327 Billion Backlog from FBR Read More »

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