Global digital operator VEON Group has doubled down on its commitment to Pakistan’s digital banking future with a fresh $20 million investment in Mobilink Bank, aiming to accelerate the expansion of digital and Islamic banking across the country. This latest capital injection builds on a $15 million investment made in early 2025, demonstrating growing confidence […]
K-Electric Reports Steady Gains in 2025 as Karachi’s Power Demand Hits New Highs
K-Electric reported steady progress across generation, transmission, distribution, and customer services in 2025, as the country witnessed signs of economic stabilisation. In its year-end performance review, the utility highlighted improvements in grid resilience, renewable energy integration, customer facilitation, and digital transformation, while continuing efforts to curb electricity theft and expand industrial connectivity in Karachi. Speaking […]
Pakistan Cement Industry Growth: DGKC’s 11,000 TPD Clinker Line Signals Big Gains Ahead
Pakistan’s cement industry is gearing up for a major transformation as D.G. Khan Cement Company (DGKC) announced plans to build the largest single clinker production line in the country. The ground-breaking initiative will significantly boost the company’s production capacity and modernise its manufacturing footprint, reinforcing Pakistan’s position as a regional leader in cement manufacturing. The […]
Digital Channels Now Handle 90% of Retail Payments, SBP Reveals
The State Bank of Pakistan has reported a strong surge in digital payments, underscoring rapid progress in the country’s payment infrastructure during the first quarter of fiscal year 2025–26. In its latest Quarterly Report on Payment Systems, the central bank said overall payment activity reached 2.8 billion transactions in the quarter, up 10% from the […]
PSX Starts 2026 on a High as KSE-100 Jumps Over 700 Points in Early Trade
The Pakistan Stock Exchange began the new year on a firm footing as bullish sentiment lifted equities in early Thursday trading, pushing the benchmark KSE-100 Index sharply higher within minutes of the opening bell. By 9:35am, the index had climbed to 174,755.54 points, up 701.22 points, representing a 0.40% increase from the previous close. The […]
New Wind Power Expansion Cuts Costs and Emissions for Thatta Cement
Thatta Cement Company has taken a significant step toward cleaner energy as it greenlights a new 7.5 MW wind power project, raising its total renewable capacity to 17.3 MW. The board’s approval comes as part of the company’s long-term strategy to reduce dependence on fossil fuels, cut operational costs, and align with Pakistan’s broader push […]
Messi vs. Ronaldo Money Battle: Who Made More in 2025?
Lionel Messi and Cristiano Ronaldo’s rivalry has long stretched beyond goals and trophies to the question fans everywhere ask: who makes more money? In 2025, the answer became clearer than ever. According to Forbes’ 2025 rankings of the world’s highest-paid athletes, Cristiano Ronaldo earned far more than Lionel Messi, topping the list with an eye-watering […]
Pakistan, ADB Sign $730m Deal to Boost Power Grid and Reform SOEs
Pakistan has taken another significant step toward stabilising its economy and modernising critical infrastructure after signing two major financing agreements worth $730 million with the Asian Development Bank. The agreements, signed on Thursday, aim to strengthen the country’s power transmission system and accelerate long-delayed reforms in state-owned enterprises, areas seen as central to Pakistan’s long-term […]
Pakistan, Bangladesh Move to Strengthen Tax Cooperation for Trade and Investment
Pakistan and Bangladesh have taken a fresh step toward strengthening economic ties by agreeing to enhance cooperation on tax dispute resolution, taxpayer facilitation, and institutional coordination. Officials from both sides say the move is aimed at creating a fairer, more transparent tax environment that can support growing trade and investment between the two countries. The […]