Haball (“the Company”), Pakistan’s leading supply chain financing and payments fintech, raises a US$52 million pre-Series A funding round comprising equity investment and a strategic financing allocation. The round’s equity component of US$5 million was led by Zayn VC – Pakistan’s premier venture capital firm. Other investors included Majlis Advisory SPV; several leading private investors…
National Resources Limited (NRL) has discovered significant copper-gold mineralization in Chagai, Balochistan. This was announced by Muhammad Ali Tabba, Chairman National Resources Limited and CEO Lucky Cement Limited while addressing the participants at Pakistan Minerals Investment Forum 2025 today. NRL, a 100% Pakistani privately owned company and a subsidiary of Fatima Fertilizer, Liberty Mills Limited,…
According to the data released by All Pakistan Cement Manufacturers Association, local cement despatches by the industry during the month of March 2025 were 2.961 million tons compared to 3.338 million tons in March 2024, showing a decline of 11.31%. Exports despatches were almost flat with volumeof 608,614 tons in March 2025 compared to 605,142…
As Pakistan grapples with the rising prevalence of diseases, countless patients find themselves in hospital wards during one of the most cherished times of the year—Eid. For these individuals, the holiday season is marked by separation from loved ones, missing out on traditional celebrations, and longing for the warmth of home. Eid is a time…
Meezan Bank, Pakistan’s leading Islamic bank and The Institute of Chartered Accountants of Pakistan (ICAP) have recently signed a Letter of Intent (LOI) to collaborate on the establishment of a Centre for Islamic Finance. This initiative aims to strengthen the Islamic banking and finance industry by enhancing professional capacity through education, training, and certification programs….
The Government of Pakistan has honoured Hussain Dawood with the prestigious Hilal-i-Imtiaz, recognizing his role in shaping the country’s economic landscape. Since he became Engro’s patron shareholder, the company has made major investments that have contributed considerably to Pakistan’s industrial landscape. Over the last 20 years, Engro has set up projects and expansions in key…
Thar Foundation continues its commitment to community development by organizing free medical camp, installation of RO plant and schedules career counselling session for students in Thar and Mithi. In collaboration with LUMHS Jamshoro and Indus Hospital, the medical camp provided free healthcare services to over 630 patients from Gorano and neighboring villages, including Kattan,…
Meezan Bank, Pakistan’s leading Islamic bank and NED University of Engineering and Technology have signed a landmark Memorandum of Understanding (MoU) to establish the Centre for Islamic Finance and FinTech (CIFFT) at NED University. The MoU was signed by Syed Amir Ali, Deputy CEO – Meezan Bank and Dr. Sarosh Hashmat Lodi, Vice Chancellor –…
A growing debate in Pakistan questions whether raising tobacco taxes is the right approach to reducing smoking rates. While higher taxes are intended to deter consumption, Fawad Khan, spokesperson for Mustehkam Pakistan, warns that this strategy may do more harm than good by driving consumers toward cheaper, illegal cigarettes. According to reports, the legal tobacco…
The Overseas Investors Chamber of Commerce and Industry (OICCI) members, the collective body of over 200 largest foreign investors in Pakistan, has unveiled its Corporate Social Responsibility (CSR) Report for 2024, spotlighting the extensive socio-economic contributions of its member companies across the nation. During 2024, OICCI members collectively contributed approximately Rs14 billion to CSR initiatives,…
