BF Biosciences Limited looks to raise 1.38 bn to 1.93 bn through issuing 28.3% new shares through an Initial Public Offering (IPO) on September 25-26. Speaking at the pre-IPO investors road show held in Karachi, Mr. Osman Khalid Waheed Director of BF Biosciences informed that BF Biosciences, a leader in the biotech pharmaceuticals sector in…
Visa (NYSE:V), a world leader in digital payments, signed a partnership agreement with 1LINK, Pakistan’s largest payment service provider and payment system operator. The event was attended by Mr. Saleem Ullah, Deputy Governor of the State Bank of Pakistan, and Mr. Syed Sohail Javaad, Executive Director, Digital Financial Services Group of the State Bank of…
Entrepreneurs, freelancers, and online businesses are voicing serious concerns over the ongoing internet disruptions across Pakistan and have warned of substantial economic losses if the issue is not resolved promptly. Muhammad Shahzaib Shah, Chairman of the Standing Committee on Entrepreneurship in the Youth Parliament Sindh Shadow Cabinet, has called on the government to provide clarity…
Pak-Qatar Family Takaful Limited (PQFTL), Pakistan’s Pioneer and leading Family Takaful Company and Meezan Bank, Pakistan’s leading Islamic bank, have announced a strategic partnership aimed at revolutionizing the financial landscape in Pakistan. This collaboration was formalized through a Memorandum of Understanding (MoU) signed by Mr. Waqas Ahmad – Chief Executive Officer, Pak-Qatar Family Takaful Limited,…
The unprecedented and extremely high tax measures leading to a huge increase in cement prices have led to a steep decline in Demand of cement. Cement despatches declined by 25.68% in August 2024. Total Cement despatches during August 2024 were 3.366 million tons against 4.528 million Tons despatched during the same month of last fiscal…
In a remarkable step towards incentivizing sustainable agricultural and community uplift practices, Shan Foods has unveiled Growing Flavor, an initiative curated and developed within the Kunri Tehsil in Sindh to enhance environmental stewardship and drive economic benefits for the local communities. Climate change and global warming are exacerbating agricultural degradation, diminishing food security and…
Meezan Bank, Pakistan’s leading Islamic bank and Mastercard, have announced the renewal of their strategic partnership. This collaboration, formalized through a Memorandum of Understanding (MoU) signed by Syed Amir Ali – Deputy CEO of Meezan Bank, and Mr. J. K. Khalil – Regional President of Mastercard, aims to enhance Meezan Bank’s debit cards portfolio, transforming…
Gallup Pakistan is pleased to announce the appointment of its Executive Director, Bilal I Gilani, to the Gallup International Association Board. This significant appointment was made during the last General Assembly held in Kuala Lumpur in May 2024. Bilal I Gilani’s appointment to the Board is a testament to his extensive experience and dedication to…
The Overseas Investors Chamber of Commerce and Industry (OICCI) affirmed its commitment to advancing Pakistan’s IT and telecom sectors at ITCN Asia 2024, a Tech Festival being held at the Expo Centre Karachi from August 27th to August 29th. In a keynote address, OICCI President, Mr. Rehan Shaikh shared an optimistic vision for the future,…
Governor Sindh Kamran Khan Tessori urged businessmen and industrialists to prepare long-term economic plans and policies for sustainable economic development. Speaking as a chief guest at the Federal B Area Association of Trade and Industry (FBATI) here on Tuesday, he said that stakeholders from the private sector should suggest 20-year policies for enhancing exports, industrial…
