Spotify Reports First Quarter 2026 Earnings
Spotify announced its First Quarter 2026 earnings, marking a strong start to its Year of Raising Ambition, with continued momentum across the business and ongoing innovation on the platform, further personalizing discovery and control for users.
Adil Aziz
PTCL & Ufone crowned ‘Effective Marketer of the Year’ in addition to 8 honors at Effie Awards 2026
Pakistan’s leading telecommunication and digital services providers, PTCL & Ufone, emerged as the biggest winners at the prestigious Effie Awards Pakistan 2026, securing eight awards, including three Gold, two Silver, and three Bronze accolades.
Mobilink Bank’s WIN Incubator Leads Pakistan’s DEI Agenda, Graduates 18 Women-Led Startups
Reinforcing its position as a leader in Diversity, Equity, and Inclusion (DEI), Pakistan’s leading digital microfinance bank, Mobilink Bank has successfully graduated 18 women-led startups under its Women Inspirational Network (WIN) Incubator Program, an industry-first initiative designed to unlock the economic potential of women entrepreneurs in Pakistan. The graduation ceremony, held in Islamabad, was attended…
Mehfooz
PTCL Group back into profits with Rs. 3.1 billion bottom-line in Q1 2026
Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its consolidated financial results for the quarter ended March 31, 2026. PTCL Group sustained strong growth momentum, further strengthening its position as Pakistan’s leading integrated telecom and ICT services provider. During the period, Pakistan Telecommunication Authority (PTA) has formally approved…
Editor
Pakistan’s First PKR 3 Billion, AAA Rated, Green Sukuk for Telecom Sector Launched by InfraZamin Pakistan, Infralectric, DIB Pakistan Limited (Lead Arranger), Bank Alfalah Limited (Joint Lead Bank), and Meezan Bank Limited (Imports Bank)
InfraZamin Pakistan Limited, in partnership with Infralectric, a Brillanz Group company, DIB Pakistan Limited, Bank Alfalah Limited, and Meezan Bank Limited, announced the signing of Pakistan’s first-ever PKR 3 Billion, ‘AAA’ Rated, Green Sukuk for the telecom sector, marking a major milestone in sustainable infrastructure financing and climate-aligned capital markets development. Under the transaction, InfraZamin Pakistan is providing a 100% principal guarantee for the PKR 3 billion Green Sukuk issued by Infralectric Private Limited with DIB Pakistan Limited, as the Lead Arranger of the Green Sukuk transaction demonstrating how ethical capital markets can lead the transition toward scalable, climate-aligned infrastructure financing.
BingX Brings SpaceX Pre-IPO Exposure On-Chain, Expanding Its Gateway to Future-Valued Assets
BingX, a leading cryptocurrency exchange and Web3-AI company, has announced the launch of SpaceX Pre-IPO perpetual futures, alongside the introduction of the SpaceX Xpool Airdrop campaign. This dual initiative enables users to gain exposure to one of the most closely watched private companies while earning rewards through participation.
Al-Ghazi Tractors Celebrates 600,000th Tractor
Al-Ghazi Tractors marked a defining milestone in Pakistan’s industrial history, celebrating the production of its 600,000th tractor at a ceremony held at its manufacturing facility in Dera Ghazi Khan, the same plant where the company first began production over four decades ago.
Mobilink Bank ranks among Top 10 organizations at GDEIB Awards 2026, recognized across all 15 categories
Pakistan’s leading digital microfinance bank, Mobilink Bank, has been named among the ‘Top 10 Inclusive Companies of the Year’ at the prestigious Global Diversity, Equity, and Inclusion Benchmarks (GDEIB) Awards 2026. The Bank secured recognition across all 15 award categories, reflecting its deep-rooted commitment to global DEI best practices and its continued efforts to drive inclusive growth in Pakistan.
Faysal Bank Achieves AA+ Rating from PACRA
Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been assigned a long-term entity rating of ‘AA+ (Double AA plus)’, upgraded from its earlier rating of ‘AA (Double AA)’, by Pakistan Credit Rating Agency (PACRA). The Bank’s short-term rating is at A1+ (A-one plus) with a stable outlook.
CCP authorizes acquisition of TPL insurance limited by “Jazz International Holding Limited”
The Competition Commission of Pakistan (CCP) has authorized the acquisition of M/s. TPL Insurance Limited by M/s. Jazz International Holding Limited from M/s. TPL Corp Limited following a Phase-I review.