ACE

ACE Expands Global Fight Against Piracy with Addition of First Member in Pakistan

MHL and its OTT App, Begin, Broaden ACE Content Protection Efforts in South Asia The Alliance for Creativity and Entertainment (ACE), the world’s leading antipiracy coalition, today announced MHL as its newest member. MHL is Pakistan’s leading licensed content distribution and broadcast services provider, delivering end-to-end broadcast and OTT services for content providers, platforms, and…

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Livoltek Solar Solutions

Livoltek Continues to Offer Smart, Cost-Effective Solar Solutions Amid Budget Constraints

Livoltek, a leading global brand in smart solar technology, reaffirms its commitment to delivering cost-effective, high-performance solar energy solutions for Pakistani households and businesses, despite the fiscal pressures introduced in Pakistan’s 2025 budget. The 2025 fiscal budget has introduced several challenges for Pakistan’s solar energy sector, including new taxes and changes to net metering policies….

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OICCI

OICCI PRESS STATEMENT

The Overseas Investors Chamber of Commerce and Industry (OICCI) has expressed disappointment over the government’s limited progress in addressing inequitable corporate tax rate in the recent budget. While the marginal reduction in Super Tax rates is acknowledged, OICCI reiterates the urgent need for a comprehensive overhaul of tax structures to enhance Pakistan’s competitiveness and attract…

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MOL Pakistan

MOL Pakistan Donates Ambulances to the District Administration of Karak and Kohat

MOL Pakistan has reaffirmed its commitment to strengthening healthcare infrastructure in Khyber Pakhtunkhwa by donating fully equipped ambulances to the District Administrations of Karak and Kohat. At a ceremony held at the Peshawar Secretariat, a representative from MOL Pakistan formally handed over the ambulances to Mr. Muhammad Abid Majeed, Additional Chief Secretary (ACS) Home and…

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Cement despatches

Cement sector – idle capacity – low domestic offtake

According to the data released by All Pakistan Cement Manufacturers Association (APCMA), the domestic cement sales during first eleven months of current fiscal recorded a year over year drop by 1.94%. Quantitatively the volumes dropped from 35.1 million tons during July 2023-May 2024 to 34.4 million tons during July 2024-May 2025. Exports, however, recorded an…

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MG Pakistan

MG Pakistan Airlifts Key Components to Overcome Regional Disruptions and Ensure Timely Deliveries

MG Pakistan has reaffirmed its unwavering commitment to quality and customer satisfaction by swiftly airlifting critical vehicle components in response to recent geopolitical disruptions. These proactive measures were taken to minimize delays in the delivery of the MG HS PHEV – True Hybrid Electric, Pakistan’s first locally assembled plug-in hybrid. The ongoing geopolitical situation caused…

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Pakistan Launches First Sovereign Green Sukuk; Meezan Bank Serves as Joint Financial & Shariah Advisor

Pakistan Launches First Sovereign Green Sukuk; Meezan Bank Serves as Joint Financial & Shariah Advisor

The Government of Pakistan, with strategic support from Meezan Bank and the Pakistan Stock Exchange, has launched its first sovereign Green Sukuk—marking a significant advancement in sustainable and Shariah-compliant public financing. Meezan Bank played a central role in this landmark issuance, serving as Joint Financial and Shariah Advisor. In addition to its advisory responsibilities, the…

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LUMS Energy Institute NGC

LUMS Energy Institute and NGC to Host National Consultative Workshop on Power Sector Indigenization

The LUMS Energy Institute, in collaboration with the National Grid Company (NGC), formerly NTDC, will host the National Consultative Workshop on the Power Sector Indigenization Road Map on Saturday, May 24, 2025, at LUMS, Lahore. Federal Minister for Energy (Power Division), Sardar Awais Ahmad Khan Leghari, will grace the occasion as Chief Guest, while Chairman…

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telecom

Engro Secures Approvals for Landmark Partnership to Expand Telecom Infrastructure, Paving the Way for Pakistan’s Digital Future

Engro Holdings Limited is delighted to announce that Engro Corporation Limited has secured all approvals for its strategic partnership with Pakistan Mobile Communications Limited (“Jazz”) and its parent company, VEON Group. Through a Scheme of Arrangement, Jazz’s shareholding in Deodar (Private) Limited – which houses its telecom infrastructure assets – will vest with Engro Connect…

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