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 […]
Lucky Cement, Al-Shifa Trust to Hold Eye Screening Camp in Pezu
A three-day eye screening camp will be held from May 26 to 28, 2025, at the Abdul Razak Tabba Welfare Dispensary located within the premises of Lucky Cement Factory in Pezu. Conducted in collaboration with Al-Shifa Trust, the camp will run daily from 9:00 AM to 3:00 PM. The initiative aims to provide accessible eye […]
Business Confidence improves significantly, reveals OICCI’s Survey
The Overseas Investors Chamber of Commerce and Industry (OICCI) has unveiled the results of its Business Confidence Index (BCI) Survey – Wave 27, conducted across Pakistan in March and April 2025 following its senior leadership’s meeting with Federal Minister for Finance & Revenue Government of Pakistan Senator Muhammad Aurangzeb today. The survey reflects significant improvement […]
JS Investments, Gohar Developers Launch Pakistan’s First Shariah-Compliant Green Hotel REIT
JS Investments Limited (JSIL), Pakistan’s oldest private sector Asset Management and REIT Management Company licensed by the Securities and Exchange Commission of Pakistan (SECP), has partnered with Gohar Group of Companies, a leading real estate group, to officially launch JS Hotel REIT (JSHR), Pakistan’s first Shariah-compliant hybrid hotel REIT featuring a multinational, globally renowned hotel […]
MG Motors Pakistan Line-Off Ceremony of 1000th MG HS PHEV – True Hybrid Electric
MG Motors Pakistan proudly marked a significant milestone in its journey toward smarter, cleaner mobility with the Line-Off Ceremony of the 1000th locally assembled MG HS Plug-in Hybrid Electric Vehicle (PHEV) at its state-of-the-art plant in Lahore. This achievement reflects the brand’s continued commitment to revolutionizing the automotive landscape in Pakistan with cutting-edge technology, luxury, […]
Meezan Bank Pays Tribute to the Armed Forces with a Heartfelt Ceremony
In a heartfelt show of unity and gratitude, Meezan Bank held a special ceremony at its Head Office in Karachi to pay tribute to the courage and dedication of Pakistan’s Armed Forces. More than 3,000 employees, including the Bank’s senior leadership, came together to celebrate the spirit of sacrifice that defines our Armed Forces. The […]
MG Pakistan Upgrades HS PHEV – True Hybrid Electric with Faster Charging Solution!
MG Pakistan has announced a major upgrade to its popular plug-in hybrid SUV, the MG HS PHEV, by introducing a 7KW fast charger as a standard replacement for the existing portable charger. The move reflects the brand’s commitment to delivering smarter, more efficient urban mobility. Since its launch in Pakistan in October 2024 and the […]
OICCI urges key tax reforms to increase tax-to-GDP ratio to 14pc
The Overseas Investors Chamber of Commerce and Industry (OICCI) has released its recommendations for the Federal Budget 2025-26, outlining a comprehensive tax reforms roadmap aimed at broadening the tax base, improving compliance, facilitating investment, and enhancing FBR’s revenue generation. OICCI emphasized that a more equitable contribution across all sectors, proportionate to their share of GDP, […]
Lucky Investments Limited Awarded AM2 Asset Manager Rating by PACRA
Lucky Investments Limited (Lucky Investments) has been awarded an initial Asset Manager Rating of “AM2” with a Positive Outlook by The Pakistan Credit Rating Agency Limited (PACRA). This significant milestone marks a strong start for the newly established Islamic asset management company, which aims to become the preferred choice for Shariah-compliant investment solutions in Pakistan—driven […]
IPAK GROUP POSTS STRONG Q3 RESULTS!
IPAK Group records 66% increase in its revenues for the nine-month period ended March 31 International Packaging Films Limited (IPAK) Group has recorded 66% increase in its revenues for the nine-month period ended March 31, 2025, demonstrating a strong trajectory of both topline expansion and bottom-line growth amidst a challenging macroeconomic environment. The Group’s consolidated […]