IFC and Habib Metropolitan Bank Join Forces to Help Small Businesses
Pakistan’s small and medium enterprises (SMEs) are about to get a major boost. The International Finance Corporation (IFC), part of…
Laiba Shah
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New Pakistani Brand ‘Arvo’ Launches High-Performance School Equipment
A new Pakistani company called Arvo has launched its first product line. The brand, created for the local market, is introducing Arvo Education…
Symmetry Group Plans Overseas Expansion with Purchase of U.S. AI Design Firm
Pakistan’s Symmetry Group is making a significant international move. The company, which recently announced a major investment in its local…
UNODC, Rizq, and Yunus Centre Launch Social Enterprise Development Program in Pakistan
A major new initiative to boost social entrepreneurship has been launched in Pakistan. Three leading organizations—the United Nations Office on Drugs…
Sitara Petroleum Plans a Rs 3.2 Billion Initial Public Offering
Sitara Petroleum, an established player in Pakistan’s downstream oil sector, has announced its intention to launch an Initial Public Offering…
Moody’s Downgrades Outlook for Pakistan’s Banking Sector to “Stable”
The global credit rating agency Moody’s has revised its outlook for Pakistan’s banking system. Previously “Positive,” the outlook is now “Stable.” This change…
State Bank of Pakistan Allows Mobilink Bank to Assess APNA Microfinance Bank for Potential Merger
In a key step toward potential industry consolidation, the State Bank of Pakistan (SBP) has granted permission for Mobilink Microfinance Bank Limited to conduct…
Habib Bank Transfers 2.95 Million Shares to Employees
In a significant move tied to its compensation policy, Habib Bank Limited (HBL) has credited nearly 3 million of its own shares…
Symmetry Group to Invest Rs 1 Billion in Expanding AI Services
In a major push into the technology sector, Pakistan’s Symmetry Group Limited has announced a significant investment plan. The company,…
Meezan Bank and Freedom Bank Kazakhstan Partner to Boost Trade Settlements
In a significant move for regional trade, Pakistan’s Meezan Bank has signed an agreement with Freedom Bank Kazakhstan. The deal,…