The Overseas Investors Chamber of Commerce and Industry (OICCI), the collective body of top 200 foreign investors, hosted Dr. Najeeb Memon, Director General, Tax Policy Office (TPO), Finance Division, on Thursday for an interactive session with OICCI members, aimed at enabling constructive engagement on tax policy challenges and reform priorities impacting Pakistan’s investment climate. During…
Lucky Investments Limited has crossed PKR 130 billion in Assets Under Management (AUM) within its first year of operations, marking a major milestone and positioning the Company as Pakistan’s fastest-growing Islamic Asset Management Company (AMC). Launched with a focused mandate to promote Shariah-compliant, ethical, and disciplined investing, Lucky Investments introduced its first Islamic fund in…
Rici Melion, the international luxury menswear label known for refined craftsmanship and contemporary elegance, has officially opened its newest and largest flagship store at Packages Mall, Lahore. The expanded space marks a significant milestone for the brand, offering a more immersive and elevated shopping experience. Designed to reflect Rici Melion’s evolving luxury philosophy, the new…
Pakistan’s efforts to curb illicit cigarette trade continue to face new challenges as illegal manufacturers and distributors rapidly adapt to enforcement measures, creating a “moving target” for authorities. Despite recent policy improvements and ongoing digital reforms, the black market remains resilient, finding new ways to bypass taxation and monitoring systems. Economic analysts note that as…
Cement despatches showed slight growth by 1.47% in Dec-25. Total Cement despatches during Dec-25 were 4.347 million tons against 4.284 million tons despatched during the same month of last fiscal year. According to the data released by All Pakistan Cement Manufacturers Association, local cement despatches by the industry during the month of Dec-25 were 3.725…
Lucky Investments Limited has announced the launch of the Lucky Islamic Energy Fund (LIEF), a Shariah-compliant, sector-focused equity fund aimed at providing investors with exposure to Pakistan’s growing energy sector through ethical and disciplined investing. The launch comes at a time when Pakistan’s energy sector is undergoing gradual reform, driven by rising demand, policy initiatives,…
Meezan Bank has appointed Dr. Syed Amir Ali as its new President and Chief Executive Officer, effective December 30, 2025. Dr. Amir Ali has assumed leadership of the Bank following the retirement of Mr. Irfan Siddiqui, Founder, President and Chief Executive Officer of Meezan Bank. Mr. Irfan Siddiqui leaves behind a distinguished legacy, having pioneered…
ABHI, the region’s neo bank of the future, and Mahaana Wealth, the country’s first digital-only asset management company licensed by the SECP, have joined hands to make financial empowerment accessible for every employee. Through this collaboration, both organizations will work together to leverage their financial products and bring innovative solutions to a wider market. By…
Sonraj Group, Pakistan’s leading luxury retail and horology house, hosted its 3rd annual year-end breakfast in Karachi, bringing together team members from across the country, former colleagues, senior professionals from the business community, members of the banking sector, industry partners, and distinguished guests. The official event celebrating a year of transformation, revival, and renewed commitment…
CEO Steven Greenway Highlights Importance Of Pakistan Travel Market flyadeal, Saudi Arabia’s fast-growing low-cost airline, has officially opened a dedicated new sales and marketing office in Islamabad marking its rapid expansion in Pakistan. On a flying visit to Pakistan’s capital city, flyadeal Chief Executive Officer Steven Greenway affirmed the airline’s commitment to being part of the…
