BYD Rolls Out Its 17 Millionth New Energy Vehicle, Setting a New Acceleration Record for the Global NEV Industry
BYD celebrated the production of its 17 millionth new energy vehicle (NEV) at its Xi’an plant, with the all-new large flagship family sedan, the Seal 08, marking the milestone vehicle.
Editor
ADB Forecasts Slower Asia-Pacific Growth in 2026 Amid Global Energy Crisis
The Asian Development Bank (ADB) lowered its growth forecast for developing Asia and the Pacific economies to 4.9% for 2026 compared to 5.5% growth in 2025.
Adil Aziz
InfraZamin-Guaranteed, Bank of Punjab-Led Consortium Announce Financial Close of PKR 4.76 billion 10-Year Islamic Syndicated Financing for Air Link Communication Limited and Select Technologies Limited
A consortium of banks, managed by The Bank of Punjab, together with InfraZamin Pakistan Limited, today announced the successful financial close of a PKR 4.76 billion 10-year Islamic Syndicated Term Finance Facility for Air Link Communication Limited and Select Technologies Limited. The financing consortium comprises Askari Bank Limited, The Bank of Punjab, BankIslami Pakistan Limited,…
Mehfooz
Lucky investments launches lucky Islamic dividend yield fund
Lucky Investments Limited (“Lucky Investments”) has announced the launch of the Lucky Islamic Dividend Yield Fund (LIDYF), an open-end Shariah-compliant equity fund designed to provide investors with competitive Halal returns through investments in dividend-yielding Shariah-compliant listed equities, while offering the potential for long-term capital appreciation.
Federal Govt makes Apna Ghar Housing Loans more accessible through NBFCs
Access to affordable housing finance is set to become easier for citizens, particularly underserved and non-banking segments, as the Federal Government has approved the inclusion of lending Non-Banking Finance Companies (NBFCs) as Participating Financial Institutions (PFIs) under the Prime Minister’s Apna Ghar Program (PM-APG). The Securities and Exchange Commission of Pakistan (SECP), recognizing the potential…
Nadeem Khan Appointed as CEO PTCL
The Board of Directors appointed Nadeem Khan, previously working as Group Chief Financial Officer of PTCL and Ufone, as CEO of PTCL, effective immediately for a period of 14 days.
Mobilink Bank Named Pakistan’s Best Digital Bank, Secures Three FinanceAsia Awards
Pakistan’s leading digital microfinance bank, Mobilink Bank, has secured top honors at the FinanceAsia Awards 2026, being recognized as Pakistan’s Best Digital Bank, Best Bank for Financial Inclusion, and Best Bank for Use of Technology in the domestic category.
InfraZamin Convenes Global Leaders at London Climate Action Week to Scale Pakistan’s Sustainable Transformation
InfraZamin Pakistan, in collaboration with the Private Infrastructure Development Group (PIDG), convened senior leaders from government, financial institutions, development finance institutions, investors, and the private sector for an exclusive roundtable discussion titled “Investing in Pakistan’s Sustainable Transformation” during London Climate Action Week 2026 at PIDG Headquarters in London. The roundtable brought together senior leaders from…
Telenor Pakistan formally amalgamates into PTML following statutory approvals
Telenor Pakistan will formally amalgamate into Pak Telecom Mobile Limited PTML (Ufone 5G) with effect from July 2026, marking the completion of one of the most significant transactions in the country’s telecommunications history. The amalgamation follows the receipt of the final statutory approval from the Islamabad High Court, which brought to close a comprehensive regulatory…
Mobilink Bank & Karandaaz Launch ‘AgriFin for Her’ to Empower 50,000 Women Farmers in Pakistan
Haaris Mahmood Chaudhary, President & CEO, Mobilink Bank, and Waqas ul Hassan, CEO Karandaaz Pakistan sign an MoU for two-year ‘AgriFin for Her’ project in Islamabad, which aims to onboard 50,000 women farmers into the formal financial system through access to digital financial services, tailored saving product, and financial and digital literacy programs.