Macroeconomic reforms show promise, but unclear policies and taxes worry investors and businesses alike Support for IT, agriculture and exports exists, but development and public trust still lag Interview with Mohammad Wasi Khan, former Chairman of the Board and CEO — Cnergyico Pk Limited (Byco); Independent Consultant Oil, Energy & Infrastructure. Profile: Mohammad Wasi Khan is an independent consultant in the oil and energy sector, advising clients across Pakistan and the broader region on downstream strategy, refinery upgrades, trading dynamics, and energy transition opportunities. With over four decades of industry experience, he has held top executive roles across refining, oil…
Author: Khalil Ahmed
Tax reforms, energy fixes, and trade liberalisation can boost growth and investor confidence Efforts to expand tax net and control deficit could stabilise inflation and economy Interview with Mr. Abdul Wasey Khan, an analyst Profile: Mr Abdul Wasey Khan is an Internal Auditor by profession and he has been working as Head of Department in some listed and well renowned companies for last 11 years. He is also former VP and Honorary Secretary of ICMA International. PAGE: What impact could the Federal Budget 2025-26 have on the economy of Pakistan? Abdul Wasey Khan: In my humble opinion, the following notable measures…
In budget 2025-26 carries no new capital taxes, startup incentives and digital reforms aim to attract investment Interview with Mr Hamad Rasool Bhullar, an analyst PAGE: Tell me something about yourself, please: Hamad Rasool Bhullar: I have been working for both the private and public sectors over the last about 35 years in multiple roles with almost 28 years in professional trainings. With respect to my work with the financial sector, I have been involved in research and training for almost 28 years so far, and conducted over 350 trainings on different aspects of Finance, Business Ethics, Audit and Corporate…
Green sukuk, e-commerce, rural credit, climate resilience and social equity dominate budget preferences Interview with Ms. Natasha Haseeb — Anchor PTV News PAGE: Tell me something about yourself, please: Natasha Haseeb: I am currently serving as an Anchor at Pakistan Television News (PTV), where I host the flagship business program “Economy in Focus.” This show delves into the multifaceted dimensions of the national and global economy, encompassing sectors such as business, investment, financial markets, and macroeconomic trends. With a commitment to journalistic integrity and intellectual depth, I strive to elevate the program through incisive content, distinguished panelists, and verifiable, high-caliber information.…
Budget 2025-26 outlines growth targets, debt servicing pressure, and opportunities in Shariah-compliant investments Perspective of Ms. Tara Uzra Dawood, CEO 786 Investments Limited PAKISTAN & GULF ECONOMIST approached Ms. Tara Uzra Dawood, CEO 786 Investments Limited, for her perspective on the Federal Budget for 2025-26. Following are the excerpts: Shariah asset management perspective: The Federal Budget for Fiscal Year 2025-26, announced amid geopolitical tensions and economic challenges, outlines ambitious targets for growth and fiscal consolidation. From a Shariah-compliant asset management perspective, the budget presents both opportunities and concerns that merit careful consideration. Shariah-compliant finance: Progress and challenges The government’s launch…
Fiscal deficit projected at 5% with high revenue growth and limited government spending focus Perspective of Mr. Basharat Ullah Khan, Head of Business Development & Research, Spectrum Securities Limited on the Federal Budget for 2025-26. Profile: Mr Basharat Ullah Khan has long experience in Pakistani capital markets-managing equity/fixed-income funds, investment advisory, buy/sell-side research, mutual funds etc. He has held key management positions such as chief investment officer, head of operations, head of research in asset management companies and brokerage houses. Presently, he is associated with Spectrum Securities. Pakistan & Gulf Economist approached Mr. Basharat Ullah Khan, Head of Business Development &…
Electric vehicles supported by fiscal incentives and policy changes will reshape Pakistan’s auto industry Perspective of Mr. Shafiq Ahmed Shaikh, automobile consultant and expert Pakistan & Gulf Economist approached Mr. Shafiq Ahmed Shaikh, automobile consultant and expert, for his perspective on the Federal Budget for 2025-26. Following are the excerpts: In 2024, the global economy entered a stabilization phase following unprecedented shocks in recent years. Labor markets have largely normalized, with employment and vacancies returning to levels observed prior to the Covid-19 pandemic. Looking ahead, global economic growth, which is estimated at 3.3 percent in 2024, projected to moderate to 2.8…
The event by ILMA offers a dynamic blend of industry veterans, academic visionaries, and young minds Students learned how to build business models and marketing plans with real-world practice ILMA University, one of Pakistan’s premier academic institutions, made a powerful mark on the regional business education landscape with the launch of its flagship three-day event, Innovt8. The dynamic initiative, built around the themes of marketing and entrepreneurship, unfolded at ILMA’s state-of-the-art Main Campus and successfully brought together an influential blend of industry veterans, academic visionaries, and ambitious young minds. ILMA University, known for its commitment to academic excellence and industry…
Efficient banks and skilled workforce exports anchor remittance growth and Pakistan’s global economic footprint Interview with Mr. Zia Ul Mustafa — CMA (Pak), CMA (USA), CMP (USA), President, House of Professionals; Member, Global Board of ICMP, USA PAGE: Tell me something about yourself, please: Zia Ul Mustafa: I am a management professional and corporate leader with over 25 years of experience across diverse industries. My expertise spans organizational development, strategy, operations, project management, financial management, risk management, and corporate governance. I hold prestigious qualifications, including Chartered Management Accountant (ICMA Pakistan), Certified Management Accountant (IMA USA), and Chartered Management Professional (ICMP USA).…
Keep innovating, expand fintech collaborations; align skills with global demand to empower overseas workforce Interview with Syed Kashif Rafi — Registrar & Director of Sustainability, International Linkages & Opportunities, ILMA University PAGE: Tell me something about yourself, please: Syed Kashif Rafi: For the past more than two decades, I’ve built a diverse career, holding various leadership positions, including Registrar and Director, Sustainability, International Linkages & Opportunities at ILMA University, Chief of Strategy & Marketing, Rapido, and Chief Strategy Officer & Managing Partner at Tarbiyat. This versatility has allowed me to contribute across academia, marketing, personal branding, entrepreneurship, and business strategy. I…
Digital platforms, supportive policies and diaspora engagement hold promise for stronger remittance inflows and growth Interview with Mr Khalid Tawab, former Senior Vice President, FPCCI PAGE: Tell me about yourself, please: Khalid Tawab: I am Chairman of Tawab Group of Companies, a renowned name in the manufacturing of paper, board, and steel. I have served as the Senior Vice President and Vice President of FPCCI (Federation of Pakistan Chambers of Commerce and Industry) and the Karachi Chamber. I have been the honorary Consul General of Mozambique since 1989. In recognition of my outstanding public services, I was awarded the Sitara-e-Imtiaz by…
Grassroots literacy, better outreach, and trust-building can unlock Takaful’s real potential nationwide Targeted education, tailored products, and tech-driven access can boost insurance trust and adoption Views of Dr. Syed Arif Hussain — Chief Executive Officer of Alpha Insurance Company Limited Profile: Dr. Syed Arif Hussain serves as the Chief Executive Officer of Alpha Insurance Company Limited, bringing over 25 years of extensive experience in the insurance and Takaful sectors. His expertise encompasses management, resource development, marketing, and the execution of business strategies. Throughout his career, Dr. Hussain has held senior positions in prominent organizations, including State Life Insurance Corporation of…
Low literacy, religious concerns, and mistrust leave Pakistanis reluctant to engage with insurance services Interview with Muhammad Nasir Ali Syed — Executive Director, Operations at 5th Pillar Family Takaful Limited PAGE: Tell me something about yourself, please: Muhammad Nasir Ali Syed: I have over thirty years of experience in the Takaful and insurance industries, which I view not just as a job, but as a way to provide ethical service, inspire new ideas, and contribute to our nation’s development. Currently, I am the Executive Director of Operations at 5th Pillar Family Takaful Limited, where my main focus is to enhance how…
Without regulation and literacy, insurance cannot become a trusted financial safety net in Pakistan Interview with Mr. Naim Anwar — CEO, Crescent Star Insurance Limited PAGE: Tell me something about yourself, please: Naim Anwar: Born in a family which has a legacy going back to before partition from Calcatta (present Kolkata) moving on to East Pakistan in tea estates with the family leading the huge tea business and the family legacy with a very strong established background. Initial schooling from Dacca (present Dhaka), moving to West Pakistan in 1971 as a result of war, completed the schooling from Karachi and Hyderabad,…
Takaful offers potential, but lack of knowledge, complex policies hinder adoption Interview with Mr Tariq Hussain — Corporate Laws, Taxation and Insurance Expert PAGE: Tell me something about yourself, please: Tariq Hussain: I am Fellow of Cost & Management Accountants. My qualification details are: FCMA. FCIS, MBA, MA (Eco) M.Phil. (Eco) besides that I have about 29 years of experience for working with corporate sector including worked as Director/HOD Insurance Division SECP and I am also known as Corporate Laws, Insurance Expert and Tax Management Specialist. PAGE: Why do Pakistanis remain reluctant to use insurance services? Tariq Hussain: Despite being present for…
Regional trade hinges on practical policy, transparent engagement, and sustained public-private sector consultation The Pak-Afghan Joint Chamber of Commerce & Industry (PAJCCI) hosted a high-level dinner reception and a business meeting in honor of H.E. Alhaj Nooruddin Azizi, Minister for Commerce, Islamic Republic of Afghanistan, accompanied by a high-level official and business delegation. Held at Marriott Hotel, Islamabad, the event marked an important step towards strengthening bilateral economic ties and enhancing regional trade cooperation. In parallel, a Government-to-Government (G2G) meeting was convened between Pakistani and Afghan authorities, focusing on policy-level engagement to address trade bottlenecks and accelerate economic collaboration between…
With historic P/E highs of 19 and 9pc dividend yield — one of the most attractive in Asia Interview with Mr. Sanie Khan — Capital Market Practitioner PAGE: How does our market compare with its own past and with giants like India’s $4 trillion and the US’s $40 trillion markets? Sanie Khan: To assess financial markets quantitatively, markets are measured by size, reach, breadth, liquidity, and market depth. One key metric for evaluating a stock market’s performance over time is market capitalisation. On May 25, 2017, when the KSE-100 Index was at 53,124 points, our market capitalisation was around $100 billion,…
Marketing must match the brand’s power — PSL deserves visibility beyond the scoreboard Interview with Mr. Abdul Wasey Khan — an analyst PAGE: Tell me something about yourself, please: Abdul Wasey Khan: By profession I’m Internal Auditor, and for last 11 years working as Head of Department in some listed and renowned companies, I’m also former VP and Honorary Secretary of ICMA International and visiting faculty at CBM and ICMA. PAGE: What is your standpoint about Pakistan Super League (PSL) as a brand? Abdul Wasey Khan: That’s really a million-dollar question. When we talk about brands, we have to admit that unluckily…
Right strategies, coaching changes, and star players vital to boost PSL as global brand Interview with Mr. Altaf Hussain — cricket-enthusiast PAGE: What is your standpoint about Pakistan Super League (PSL) as a brand? Altaf Hussain: As a brand Pakistan Super League (PSL) is the best platform for the new talent hunt and also for the players currently playing. In today’s much rapid variant and challenging environment in every field of life, such platforms for today’s fast, tough, competitive and unpredictable challenging cricket world, it is the requirement of the time to improve your current talent and it also acts like…
Consistency, authenticity, and smart innovation turn startup brands into global success stories from Pakistan Driven by quality and heritage, Laziza brings Pakistan’s rich culinary culture to the world Interview with Agha Shahab Ahmed Khan, Director of Convenience Food Industries (Pvt) Ltd PAGE: Tell us something about yourself, please: Agha Shahab Ahmed Khan: Throughout my career, I have been deeply engaged in industrial leadership and economic policymaking, with a strong commitment to fostering Pakistan’s business ecosystem. As Director of Convenience Food Industries (Pvt) Ltd, I have played an instrumental role in building one of Pakistan’s most recognized spice brands, which exports to…
With 24 branches nationwide, COTHM leads Pakistan in professional hospitality and tourism training excellence Interview with Mr. Ahmad Shafiq, Founder/President & CEO of COTHM PAGE: Tell me something about COTHM and yourself, please: Ahmad Shafiq: College of Tourism & Hotel Management (COTHM) was founded in 2002 in Lahore, Pakistan, with the vision of transforming the hospitality and tourism education landscape. Under my leadership, COTHM has expanded to 24 branches across Pakistan and has trained over 60,000 graduates who are now making significant contributions nationally and internationally in the hospitality and tourism sectors. I am passionate about the economic empowerment of…
Pakistan must invest more in education, technology, and talent to stay globally competitive Interview with Mr. Abdullah Shahmeer — Director of Heuser and Quadco PAGE: Tell me something about yourself, please: Abdullah Shahmeer: I’m Director of Heuser and Quadco. As an educator, my area of expertise in teaching comprise Media Sciences and Social Sciences, where I’ve had the privilege of inspiring and guiding numerous students over the years. PAGE: How do you narrate the story of Pakistan to your students to instill the element of patriotism in the youth? Abdullah Shahmeer: Pakistan Day holds great significance in the country’s history. To me,…
Strategic support unlocks entrepreneurship and powers long-term economic growth Sacha’s Cakes, Youniform.co, and Dhaagey each reflect brand value through unique strategies Interview with Mr. Sajid Katiya — CEO, Jazba Food Services (Pvt) Limited PAGE: Tell me something about yourself, please: Sajid Katiya: Basically, I’m really into shaking things up in the e-commerce world. I’ve been lucky enough to get my hands dirty driving growth and trying to do things a bit differently. You know, making online shopping a better experience. I’ve been heavily involved with Youniform.co and Dhaagey, and also had a blast turning Sacha’s Cakes into a modern online brand.…
Just as financial management ensures stability, Pakistan needs accountability, reforms and education-driven progress for national development Interview with Mr. Adnan Saeed — a dedicated educator PAGE: Tell me something about yourself: Adnan Saeed: I am a dedicated educator and a strong proponent of accounting education, with over 25 years of experience in some of Pakistan’s most esteemed institutions. My academic journey has been driven by a passion for empowering students with a robust, standards – based understanding of accounting, with a special emphasis on International Accounting Standards (IAS), IFRS, and GAAP. Over the years, I have had the privilege of mentoring…
Lahore Resolution preserved Islamic identity, ensuring future generations retained faith and cultural integrity in Pakistan Interview with Mr. Adnan Ghaffar, Principal at The Aura School PAGE: Tell me something about yourself, please: Adnan Ghaffar: I work as the Principal at The Aura School which provides education from pre-school to matriculation. I have over 20 years of teaching experience, including teaching at the matriculation, intermediate levels, graduate and undergraduate levels. PAGE: Pakistan Day commemorates the Lahore Resolution passed on March 23, 1940. How would you comment on its significance? Adnan Ghaffar: The Lahore Resolution, passed on March 23, 1940, called for separate independent…
Pakistan Day’s parade displays power, discipline and military strength, boosting national morale and showcasing preparedness against threats Interview with Mr. Farhan Saeed — Faculty Member, TSA PAGE: Tell me something about yourself, please: Farhan Saeed: I am an educationist by profession; have invested over 37 years in the field of education both as a lead faculty of management accountancy besides being a key management person in the leading institutions of Karachi offering professional accountancy qualifications; ACCA-UK, CIMA-UK, CA-ICAP and CMA-ICMAP. Alhamdulillah, I have taught over 3,000 students since 1999 of which most of them have successfully completed their academic journey, are…
Challenges on population growth, environmental risks and economic struggles need to be addressed worsening inequalities Lahore Resolution paved the way for a sovereign Muslim state, shaping Pakistan’s Islamic identity, politics, and constitution Interview with Mr. Kumail Mujtaba Mirza — Digital Content Developer PAGE: Tell me something about yourself, please: Kumail Mujtaba Mirza: I have passion for creative expression and social engagement. I hold a Master’s degree in Political Science, which has equipped me with a deep understanding of global issues and dynamics. Currently, I work as a Digital Content Developer, where I leverage my skills in content creation and video editing…
Enhancing transparency, sustainability, and collaboration can help charity organisations maximise their long-term impact in Pakistan Interview with Muhammad Raza, SEVP & Group Head — General Services & Customer Support Groups at Meezan Bank PAGE: Tell me something about yourself, please: Muhammad Raza: I am currently SEVP & Group Head – General Services & Customer Support Groups at Meezan Bank. I graduated with a Bachelor of Engineering from DCET- NED University of Engineering & Technology and also hold a Master’s degree in Business Administration from Institute of Business Management (IoBM). I also hold an Associate Diploma from the Institute of Bankers, Pakistan,…
By donating food, medical aid, and financial assistance, Pakistan’s culture of generosity remains strong, especially during Ramazan Mehran Foods and organizations like Shine Humanity provide medical aid, clean water, and essential services Interview with Mr. Gul Muhammad Lot, Chairman Mehran Spice & Food Industries PAGE: Tell me something about yourself, please: Gul Muhammad Lot: I began my professional journey in the 1980s by joining the family business while simultaneously pursuing a Master’s in Political Science from the University of Sindh, Hyderabad. In addition to this the graduation with a degree in Economics, provided me with a strong foundation in business and…
Overseas Pakistanis actively contribute to charitable causes, reflecting a deep-rooted culture of generosity and compassion Interview with Mr. Rohail Razzaq — an Automotive Engineer in Germany PAGE: Tell me something about yourself, please: Rohail Razzaq: I was born and raised in Karachi, Pakistan. About a decade ago, I moved to Germany to pursue master’s degree and then I started to work in Germany. I am an Automotive Engineer by profession and work as a Project Manager for development of battery systems for electric vehicles. I spend my free time doing sports and going out. PAGE: It is said that approximately $2bn…
Donate over $2 billion annually, driven by religious values, helping millions through Zakat, Sadaqah and philanthropy Charity organisations ensure aid reaches the needy discreetly, preserving dignity while providing healthcare, education and financial support Interview with Mr. Ibad Ali — Senior Value Chain Analyst at Grand Mills (PJSC), UAE PAGE: Tell me something about yourself, please: Ibad Ali: I am a fellow member of Institute of Cost and Management Accountant (CMA) with extensive expertise in strategic cost management, financial modeling, and enterprise resource planning (ERP) systems like SAP. Currently, as a Senior Value Chain Analyst at Grand Mills (PJSC), I specialise in…
LRBT treats 3 million patients annually through 20 hospitals and 61 clinics, ensuring free eye care for 86% of underprivileged population Interview with Dr. Malik Ahmed Saeed (Lt Col Retd), Administrative Superintendent — LRBT Hospital, Korangi Karachi PAGE: Tell me something about yourself, please: Dr. Malik Ahmed Saeed: I’m proud to be both an Iqbalian and a Ravian, having attended the esteemed Government College, Lahore (now University), founded in 1864. I earned my MBBS from the prestigious King Edward Medical University, Lahore, the oldest college in Pakistan (1860) and sixth oldest Medical School in South Asia. My journey then led me…
Encouraging healthier menus, reducing additives, and promoting food safety can improve nutrition in the fast food industry Interview with Mr. Kaukab Iqbal — founding Chairman, Consumers Association of Pakistan Profile: Mr Kaukab Iqbal is the founding Chairman of Consumers Association of Pakistan, one of the largest NGO of Pakistan working for providing awareness among masses regarding Consumers rights and their Protection. Since its inception on 13th September 2003, he has been trying to bring all Pakistanis under the umbrella of Consumer Association of Pakistan for developing effective Consumers’ culture. He feels proud to inform us that due to untiring efforts…
Pakistan’s poverty rate rose by 7%, adding 13 million people — urgent reforms are needed to reverse the trend Interview with Mr. Khalid Tawab — former Senior Vice President, FPCCI PAGE: Tell me about yourself, please: Khalid Tawab: I am Chairman of Tawab Group of Companies, a renowned name in the manufacturing of paper, board, and steel. I have served as the Senior Vice President and Vice President of FPCCI (Federation of Pakistan Chambers of Commerce and Industry) and the Karachi Chamber. I have been the honorary Consul General of Mozambique since 1989. In recognition of my outstanding public services, I…
Perspective of Syed Asad Ali Shah on structure of our government “Why does Pakistan, with limited resources, have over 39 administrative divisions, while the US—the largest economy in the world—runs with just 15? ” In my humble view, long-term 5-year plans, often prepared by planning ministries, have historically remained wishlists, detached from the real-world budgeting process. These plans, crafted in isolation, have little to no influence on the actual financial allocations or priorities set by the Ministry of Finance and provincial finance departments. A review of Pakistan’s federal and provincial budgets over the last 30 years reflects this disconnect. The…
Bank’s innovation in digital banking and Shariah-compliant finance drives financial transformation and supports women entrepreneurs Interview with Mohammed Adil Sami — Head of Marketing, Meezan Bank PAGE: Tell me something about yourself, please: Mohammed Adil Sami: I currently serve as the Head of Marketing at Meezan Bank, Pakistan’s first, largest, and most prestigious Islamic bank, which has been recognised as the Best Bank in Pakistan in 2018, 2020, 2023, and 2024. With nearly two decades of experience in the financial services industry, my career has focused on crafting impactful communication strategies, driving robust marketing campaigns, and positioning Islamic banking as the…
Digital banking and mobile payments are transforming financial accessibility despite persistent challenges Interview with Mr. Rehan Ahmed Yousfi — Senior Regional General Manager, Faysal Bank PAGE: Tell me something about yourself? Rehan Ahmed Yousfi: I have completed my master’s programme in Islamic banking and finance from Karachi University, BSC honors in Economics, Maths and Statistics from Karachi University. Currently, I am working in the capacity of Senior Regional General Manager Faysal Bank which is the second largest Islamic Bank of Pakistan. It has been more than 20 years of diversified experience in banking sector. PAGE: A substantial number of adult Pakistanis…
Financial inclusion rises in 6 years as 81% of men and 50% of women gain banking access in Pakistan Interview with Mr. Hamad Rasool Bhullar — an analyst PAGE: Tell me something about yourself, please: Hamad Rasool Bhullar: I have been working for both the private and public sectors over the last about 33 years in multiple roles with almost 28 years in professional trainings. With respect to my work with the financial sector, I have been involved in research and training for almost 27 years so far, and conducted over 350 trainings on different aspects of Finance, Business Ethics, Audit…
Mehran introduces frozen foods with quality, hygiene and innovation PAKISTAN & GULF ECONOMIST in Karachi got the firsthand knowledge about the frozen foods launched by Mehran Spice & Food Industries. Since 1975 Mehran brings flavors from the finest, healthiest resources to provide premium quality to its consumers worldwide. Mehran has become a household name in over 40 countries, spanning Europe, Australia, the GCC, Asia, North America, and Africa. Building on this legacy, Mehran proudly inaugurated its Frozen Foods Division in January 2024. This venture represents Mehran’s unwavering commitment to quality, hygiene, and technological advancement, ensuring customers experience the best. Produced…
Tackling Pakistan’s Fast-Food Crisis: Healthier Choices, Corporate Responsibility, and Government Action Needed Interview with Syed Kashif Rafi — Registrar and Director, Sustainability, International Linkages & Opportunities at ILMA University PAGE: Tell me something about yourself, please: Syed Kashif Rafi: Over the past two and a half decades, I have cultivated a dynamic and diverse career, holding key leadership roles across multiple industries. At ILMA University, I serve as the Registrar and Director of Sustainability, International Linkages & Opportunities, where I drive impactful initiatives in education and global collaboration. Additionally, I hold pivotal positions in other organisations, including Chief of Strategy &…
Reforms and investments drive Pakistan’s 2025 economic recovery, boosting exports, employment and global competitivenes Interview with Mr Zia Ul Mustafa — CMA (Pak), CMA (USA), CMP (USA); President, House of Professionals; Member, Global Board of ICMP, USA PAGE: Tell me something about yourself, please: Zia Ul Mustafa: I am a management professional and corporate leader with over 25 years of experience across diverse industries. My expertise spans organizational development, strategy, operations, project management, financial management, risk management, and corporate governance. I hold prestigious qualifications, including Chartered Management Accountant (ICMA Pakistan), Certified Management Accountant (IMA USA), and Chartered Management Professional (ICMP USA). I…
Focusing on sustainability, agriculture can address the challenges of climate change, resource depletion, and growing demand Interview with Dr Saiyid Khusro Iqbal — PhD (Legal Advisor to World Bank Karachi Mobility Project) PAGE: Tell me something about yourself, please: Dr Saiyid Khusro Iqbal: I am an experienced HR leader with a strong background in both human resources and legal advisory. I hold a Ph.D. in Human Resources & Law, and have spent over 15 years leading HR, operations, and legal functions in diverse industries, including global organizations such as the World Bank, Avari International Hotels Group, and General Tyre & Rubber…
Reforms and business optimism set to drive Pakistan’s economic transformation Mehran Spice & Food: Redefining quality and innovation in global food industry Interview with Mr. Gul Muhammad Lot — Chairman, Mehran Spice & Food Industries PAGE: Tell me something about yourself, please: Gul Muhammad Lot: I began my professional journey in the 1980s by joining the family business while simultaneously pursuing a Master’s in Political Science from the University of Sindh, Hyderabad. In addition to this the graduation with a degree in Economics, provided me with a strong foundation in business and market dynamics. My career later took a significant turn…
Pakistan’s economic success hinges on structural reforms and sustainable practices Interview with Mohammad Shoaib — CEO, Lucky Investments Limited PAGE: Tell us something about yourself? Mohammad Shoaib: I am an MBA, CFA Charterholder Harvard Business School alumnus. I have over three decades of experience in capital markets. Since 2003 I have focused exclusively on Islamic capital markets. I have been founder CEO of Al Meezan Investments and have been instrumental in making it the largest AMC in Pakistan over the years. Very recently, I have taken over as co-founder and CEO of Lucky Investments Limited, set up in collaboration of one…
Collaborative efforts key to overcoming challenges and unlocking economic potential Renewable energy push and reform: key to overcoming country’s energy challenges Interview with Mr. Aamir Ijaz Khan — finance and management professional PAGE: Tell me something about yourself, please: Aamir Ijaz Khan: I am finance and management professional with over 25 years of diversified experience in manufacturing, oil and gas, public sector and professional services. I am a Fellow Member of the Institute of Cost and Management Accountants of Pakistan and a Chartered Management Accountant, as well as a Chartered Management Professional from the Institute of Chartered Management Professionals – USA.…
Overhauls, exports and energy security plans key for Pakistan 2025 economic future Interview with Mian Abrar Ahmad — an industrialist PAGE: Tell me something about yourself, please: Mian Abrar Ahmad: I am an industrialist , running business since 1974, mostly affiliated with Defence Industry. PAGE: How could 2025 be for the global economy? Mian Abrar Ahmad: There is a trade war going on between the USA & China which indicates that there will be restlessness in global economy. Besides, Russian war with Ukraine is another factor for destabilising Global & European economies which can ultimately affect Asian economies as well unless corrections are made…
Perspective of Syed Asad Ali Shah on ADR tax The tax imposed on Advance-to-Deposit Ratio, intended to boost private sector lending, is instead distorting Pakistan’s financial ecosystem, creating more harm than good. Here’s why this policy ‘must be withdrawn immediately’ in the public interest: 1) Distortion in banking operations: Banks are being forced to lend short-term at below-market rates, not to spur real economic activity but to meet the 50% ADR threshold to avoid punitive taxation. This “forced lending”, instead of creating productive investments is harmful to the economy. 2) Discouraging savings: Banks are actively discouraging deposits, imposing fees on high-balance deposits.…
From inflation decline to stock market rally economic progress but structural hurdles linger Interview with Ms. Tara Uzra Dawood, CEO Dawood Global Foundation and 786 Investments Limited PAGE: Tell me something about yourself, please. Tara Uzra Dawood: I am CEO of Dawood Global Foundation and 786 Investments Limited. Over the years, I have focused on promoting financial literacy, inclusivity, and sustainable growth. I am also actively involved in philanthropic initiatives aimed at empowering women and communities in Pakistan and beyond. PAGE: How was 2024 for the global economy? Tara Uzra Dawood: The global economy in 2024 showed a mix of resilience and uncertainty.…
Pakistan balanced economic challenges with notable achievements in 2024, requiring sustained efforts from all stakeholders Agriculture rebounded, IT thrived, and rupee stabilised, but energy inefficiencies and export limits persisted Interview with Mohammad Iqbal Ghori — former president Institute of Cost & Management Accountants of Pakistan, former CFO FESCO, former DG Finance PEPCO PAGE: Tell me something about yourself, please. Mohammad Iqbal Ghori: I am a finance and strategy professional with over 30 years of experience in corporate leadership, sustainability, and organisational transformation. Currently, I serve as the Director of Finance and Strategy at Sadaqat Limited, a vertically integrated textile company with…
Amid inflation decline and stock growth, Pakistan’s economy shows resilience with signs of a brighter future From tariff wars to mBridg, global finance and trade evolve amid political unrest, reshaping economic systems worldwide Interview with Dr. Ayub Mehar, an eminent economist PAGE: Tell me something about yourself, please: Dr Ayub Mehar: Currently, I am serving as a professor at Iqra University Karachi. Before this, I served as Director General in the Federation of Pakistan Chambers of Commerce and Industry for 7 years, where I was designated as ‘Economic Advisor’ in the Economic Cooperation Organisation (ECO-CCI) in 2014 and the SAARC Chamber…
Crossing 100,000: PSX marks historic achievement with leadership and investor confidence Ahsan Iqbal lauded PSX’s milestone at the ceremony, as PSX shared insights with PAKISTAN & GULF ECONOMIST Pakistan Stock Exchange (PSX) held a Gong Ceremony to formally welcome Ahsan Iqbal, Federal Minister for Planning, Development, and Special Initiatives, Government of Pakistan. The gong was struck by the Federal Minister to open the trading day amidst the presence of Chairperson PSX, Dr. Shamshad Akhtar; MD & CEO PSX, Mr. Farrukh H. Sabzwari, PSX Board Members, PSX Management, Senior Bankers, members of capital market fraternity, key stakeholders and distinguished guests. Dr.…
Day is marked by parades, live performances, fireworks and cultural activities shared with traditional meals Interview with Mr. Ibad Ali, a UAE-based Pakistani PAGE: Tell me something about yourself, please: Ibad Ali: I am a Certified Cost & Management Accountant (CMA). Currently, I am part of the value chain team at Grand Mills, a key subsidiary of Agthia Group. I take pride in contributing to Agthia’s vision of “Spreading delight from the UAE; every day, everywhere with iconic brands.” Since relocating to the UAE in 2016, I have focused on cost management, process optimisation, and operational efficiency within the food and…
Festivities marked by fireworks, rallies, and cultural celebrations reflecting the UAE’s values of hospitality and generosity Interview with Mr. Zaheer Ahmed, UAE-based Pakistani PAGE: Tell me something about yourself, please: Zaheer Ahmed: I was born in Karachi and got my early education in my home country. I worked for Pakistan International Airlines and now I have been living in the UAE for last 14 years working as an Aircraft Engineer. PAGE: How would you describe the National Day of the UAE? Zaheer Ahmed: It’s the important day in the UAE like we celebrate 14th August in Pakistan. They declared this…
Exports plunge 50% due to climate, old varieties, production to decrease by 35% this year Interview with Mr. Waheed Ahmed, Patron-in-Chief of All Pakistan Fruit and Vegetable Exporters Association (PFVA) Mr. Waheed Ahmed , shared his perspective with PAKISTAN & GULF ECONOMIST about the decline in the export of kinnow from Pakistan. Pakistan faces continuous decrease in export of kinnow due to climatic effects, old age variety & production. During five years, exports have declined by 50% to 2.5 lakh tonnes, due to smog and fog, production is expected to decrease by 35% this year as well. The export target of kinnow…
Public-private partnerships and clean energy subsidies attract investment, aiding Pakistan’s shift from heavy reliance on oil imports Interview with Ms. Natasha Haseeb — an analyst PAGE: Tell me something about yourself, please: Natasha Haseeb: I am an anchor, working at Pakistan Television News PTV. I have done my MPhil in Political Science from the University of Karachi and about my professional life I am conducting a business show named “Economy in Focus” which includes the different aspects of businesses, investments, economy, and stock market of the country as well as international economy with different segments and making it interesting day by…
Pharma, auto, and cement sectors join the surge, showing renewed investor interest beyond traditional big-cap sectors Interview with Mr. Basharat Khan — Head of Business Development and Research Spectrum Securities Limited PAGE: Tell me something about yourself, please: Basharat Khan: I am associated with Spectrum Securities Ltd as Head of Business Development and Research. We have our offices in Karachi, Lahore, Faisalabad and have a diverse client based including retail, high net-worth and most of the big local institutions. Formerly, I worked as chief investment officer with Arif Habib Investments, Askari Investments and AWT Investments. PAGE: Could you give your standpoint…
Lack of strategic foresight and outdated selection practices contribute to its current competitive struggles To compete globally, Pakistan cricket requires experienced leaders like Younus Khan and Rashid Latif contribution Interview with Mr. Abdul Wasey Khan — former Vice President of ICMA International PAGE: Tell me something about yourself, please: Abdul Wasey Khan: I am the former Honorary Secretary and VP of ICMA International. In addition to my corporate career, I am a visiting faculty at different universities. Currently, I am working as GM Internal Audit at a reputed company. I have worked for different FMCG and listed companies as HOD Internal Audit.…
KMH serves lower-income patients with quality services; promotes thalassemia, diabetes and maternal health education Interview with Mr. Ahmed Chinoy — Chairman, Kutiyana Memon Hospital PAGE: Tell me something about yourself, please: Ahmed Chinoy: I am a businessman with over 27 years of experience and a passionate social activist. Throughout my career, I have been involved in various businesses and have expanded my family’s enterprise into multiple sectors, including textiles, real estate development, and project management. I served as the Chief of the Citizens-Police Liaison Committee (CPLC) for more than six years and have collaborated with several NGOs focused on improving health,…
HEC and Sindh HEC foster awareness on rankings, encouraging universities to align with global standards ILMA University leads in Pakistan, ranking among global top 50 for sustainability and social impact-driven research Interview with Syed Kashif Rafi — Registrar and Director, Sustainability, International Linkages & Opportunities at ILMA University PAGE: Tell me something about yourself, please: Syed Kashif Rafi: For the past more than two decades, I’ve built a diverse career, holding various leadership positions, including Registrar and Director, Sustainability, International Linkages & Opportunities at ILMA University, Chief of Strategy & Marketing, Rapido, and Chief Strategy Officer & Managing Partner at Tarbiyat.…
Mehran spices with trusted flavour, pure quality setting the standard and authenticity in every dish Interview with Mr Gul Muhammad Lot — Chairman, Mehran Spice & Food Industries PAGE: Tell me something about yourself, please: Gul Muhammad Lot: I was born in the Diplo area of Thar District in Sindh, inheriting a rich legacy in the food industry from my late father, Mr. Ghullam Muhammad Lot. After completing my Bachelor’s degree, I joined the family business in the 1980s and furthered my education with a Master’s in Political Science from the University of Sindh, Hyderabad. My career took an important turn…
High-demand profession is accounting; ICAP sets the standard for accounting in Pakistan IBA and LUMS leading the way in higher education, preparing students for the workforce Interview with Mr. Adnan Saeed — an educator PAGE: Tell me something about yourself. Adnan Saeed: I am (MBA Finance & MS Management Sciences) an educator and passionate advocate for accounting education with over 25 years of experience across Pakistan’s most prestigious institutions. My journey in academia has been shaped by a dedication to empowering students with solid, standards-driven knowledge, particularly in International Accounting Standards, IFRS, and GAAP. I’ve had the privilege of guiding numerous…
Sector gains from foreign investment, needs stable policies; rising costs, financing cuts stall auto demand Interview with Mr. Khalid Tawab — Former Senior Vice President, FPCCI PAGE: Tell me about yourself, please: Khalid Tawab: I am Chairman of Tawab Group of Companies, a renowned name in the manufacturing of paper, board, and steel. I have served as the Senior Vice President and Vice President of FPCCI (Federation of Pakistan Chambers of Commerce and Industry) and the Karachi Chamber. I have been the honorary Consul General of Mozambique since 1989. In recognition of my outstanding public services, I was awarded the Sitara-e-Imtiaz…
Political stability and incentives key to attracting foreign oil investment in Pakistan Interview with Mr. Kalim A. Siddiqui — former managing director, Pakistan State Oil PAGE: Tell me something about yourself, please: Kalim A. Siddiqui: I am a former Managing Director of Pakistan State Oil and former President of Byco Petroleum. I am holding a Bachelor in Chemical Engineering from University of Bradford in England (UK) and a Masters in Chemistry from Karachi University, has broad-based, global experience by working in USA, UK, Australia, Vietnam and Pakistan for over 36 years. I am an enthusiastic and highly accomplished Executive with 36…
The rate reduction fuels optimism, but high car prices, stringent financing rules, and inflation still curb demand New investments propel Pakistan’s auto industry towards sustainability and electric vehicle leadership Interview with Mr. Shaham Ahmad — Honorary Secretary, ICMA Pakistan PAGE: Tell me something about yourself, please. Shaham Ahmad: I am a Fellow member of ICMA and a member of the current National Council of the Institute for the three-year term from 2024 to 2026. The Council has nominated me as the ‘Honorary Secretary’ of the Institute in which capacity I am responsible to look after those affairs of the Institute…
New energy resources should be the ultimate growth strategy, says Majyd Aziz Pakistan’s shale oil reserves exceed 9 billion barrels, offering huge economic potential Rising oil imports push Pakistan’s energy bill to $18 billion, projected to hit $30 billion Interview with Mr. Majyd Aziz — former president of (UN) Global Compact Network Pakistan PAGE: Tell me something about yourself, please: Majyd Aziz: I am an industrialist and businessman. I am Former President of (UN) Global Compact Network Pakistan, Employers Federation of Pakistan, South Asian Forum of Employers, and Karachi Chamber of Commerce and Industry, Former Chairman of SITE Association of Industry,…
Taxation on energy sector a barrier to investment and innovation Interview with Mr. Azeem Hussain Siddiqui – FCA, FCMA, FCIS PAGE: Tell me something about yourself, please: Azeem Hussain Siddiqui: I am a fellow member of Institute of Cost and Management Accountants of Pakistan (ICMA), Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Corporate Secretaries of Pakistan. Currently, I am Partner at Naveed Zafar Ashfaq Jaffery & Co. Chartered Accountants. I am an elected member of the National Council of ICMA and am currently Chairman of its National CPD Committee. I am also a member of the South…
Investors can boost Niger’s agro-processing potential by strategic investments in agriculture, energy and mining to drive long-term prosperity Interview with Dr. Ahmed Ali Sirohey — Ambassador of Pakistan Embassy Niamey, Niger Profile: Dr. Ahmed Ali Sirohey assumed charge as the Ambassador of Pakistan Embassy Niamey, Niger on 17th February, 2020. Prior to Parep Niamey, Ambassador Sirohey was serving as Counsellor/Deputy High Commissioner Brunei from 2015 to February, 2020. He also served in Nigeria, Yemen, Jeddah and Baghdad. Ambassador Sirohey has extensive experience of working on both bilateral and multilateral issues. His commitment to economic diplomacy goes beyond routine diplomatic functions; he…
Digital advancements transforming microfinance, expanding access to financial services and improving transaction efficiency Interview with Mr. Rehan Ahmed Yousfi — Senior Regional General Manager, Faysal Bank PAGE: Tell me something about yourself, please: Rehan Ahmed Yousfi: I have completed my masters programs in Islamic banking and finance from Karachi university, BSc. honors in economics, maths and statistics from Karachi university. Currently, I am working in the capacity of Senior Regional General Manager in Faysal Bank which is the second largest Islamic bank in Pakistan. I have gotten more than 20 years of diversified experience in banking sector. PAGE: What is your…
Shaping the future, House of Professionals leads human capital transformation in Pakistan Stock market gains reflect progress, yet economic competitiveness issues loom large Interview with Mr Zia Ul Mustafa — President, House of Professionals PAGE: Tell me something about yourself, please: Zia Ul Mustafa: I am a management professional and corporate leader with over 25 years of experience across diverse industries. My areas of expertise include organisational development, strategy, operations, project management, financial stewardship, risk management, and corporate governance. I hold several prestigious qualifications, including being a Chartered Management Accountant (ICMA Pakistan), a Certified Management Accountant (IMA USA), a Fellow…
Pakistan’s microfinance sector needs strategic vision and effective governance to maximise its growth potential and societal impact Interview with Mr Hamad Rasool Bhullar — an analyst PAGE: Tell me something about yourself, please: Hamad Rasool Bhullar: Basically, I am humble learner in business and financial analysis. I have been working for both the private and public sectors over the last about 33 years in multiple roles with almost 28 years in professional training and teaching in multiple areas of finance, accounting, audit & compliance with corporate legal issues. With respect to my work with the financial sector, I have been involved…
Boosting exports in agriculture, IT and renewable energy will help Pakistan reduce its trade deficit with Saudi Arabia Interview with Senator Saleem Mandviwalla PAGE: Tell me something about yourself, please: Senator Saleem Mandviwalla: I have been serving as a member of the Senate of Pakistan since 2015. Over the years, I have had the honour of holding several positions, including Minister of Finance, Chairman Board of Investment, Deputy Chairman of the Senate and Chairman of the Senate Standing Committee on Finance, Revenue, and Economic Affairs. My focus has always been on advancing Pakistan’s economic policies, enhancing transparency, and promoting fiscal…
Saudi Arabia’s $5 billion commitment and focus on renewable energy, mining, and IT aligns with Pakistan’s growing market of 240 million consumers ·Interview with Mr. Hakim Ali Jatoi — Director, Brick & Wire (Private) Limited PAGE: Tell me something about yourself, please: Hakim Ali Jatoi: Born in District Kamber-Shahdadkot, Sindh, I received my early education in the same city before relocating to Karachi for middle and higher education. I hold the distinguished title of Fellow Member at the Institute of Cost & Management Accountants of Pakistan, complemented by qualifications in LLB and an MS in Management Sciences. I am Chief Executive of…
Investments in renewable energy and technology can diversify Pakistan’s economy, reduce energy reliance and foster sustainable growth Interview with Mr. Muhammad Ovais — management professional PAGE: Tell me something about yourself, please: Muhammad Ovais: I am a result-oriented management professional with a robust foundation in psychology and technology, boasting a proven track record of driving impactful outcomes across diverse industries. Over the span of three decades, I have consistently taken on multifaceted roles and delivered on project objectives, ensuring the utmost satisfaction of stakeholders. Throughout this journey, I have not only contributed to organisations’ success but have also been an…
Boosting non-oil trade and creating secure, investor-friendly environment key to unlocking greater Saudi contributions Interview with Mr. Rafiq Rangoonwala — a renowned businessman PAGE: Tell me something about yourself, please: Rafiq Rangoonwala: I started my career from Houston, Texas in 1980 with KFC, USA. I am former CEO of Quick Food Industry (Mon Salwa). I am doing freelancing now. I have extensive experience of over 40 years in creating, building and leading key Fast Food Brands in Pakistan and across the globe including, KFC, Burger King, TGIF, Hardees, Pizza Hut, Wendy’s and Harry Ramsden, etc. Currently, I am on the…
The next five years offer potential for significant returns, particularly in sectors aligned with the country’s evolving economic, social landscape Interview with Mr. Nadeem Ahmed — CEO, Realancer PAGE: Tell me something about yourself, please. Nadeem Ahmed: I am a seasoned real estate and construction expert with over a decade of experience in the industry, primarily focused on Karachi, Pakistan. As the CEO of Realancer, a real estate, marketing, and construction company operating in Bahria Town Karachi, I have had the privilege of leading innovative projects that cater to the evolving needs of our market. My career spans over 24…
Real estate, cement, fertiliser, E&P and auto sectors are poised to show increased earnings growth in the near future Long-term valuations look promising; consult experts and assess holding power before making significant investments Interview with Syed Ali Raza Bukhari — Founder, Rukab Technologies PAGE: Tell me something about yourself, please: Syed Ali Raza Bukhari: I have been associated with the financial services sector for more than two decades now spreading my experience into a diversified landscape of multiple domains like investment and financial advisory, distribution, marketing and sales, specialised product development, stock brokerage and operations. I have also ventured into the technology business, creating…
Infrastructure, agriculture and technology leading the charge for foreign and local investment Interview with Mr. Khalid Tawab — Chairman, Tawab Group of Companies PAGE: Tell me about yourself, please: Khalid Tawab: I am Chairman of the Tawab Group of Companies, a renowned name in the manufacturing of paper, board, and steel. I have served as the Senior Vice President and Vice President of FPCCI (Federation of Pakistan Chambers of Commerce and Industry) and the Karachi Chamber. I have been the honorary Consul General of Mozambique since 1989. In recognition of my outstanding public services, I was awarded the Sitara-e-Imtiaz by…
Technology, agritech, energy infrastructure and urban development offer lucrative opportunities in large emerging market In the next five years, Pakistan’s diverse investment prospects in technology and infrastructure will reward informed, adaptive investors Interview with Mr. Azeem Hussain Siddiqui – FCA, FCMA, FCIS PAGE: Tell me something about yourself: Azeem Hussain Siddiqui: I am a Fellow Member of the Institute of Cost & Management Accountants and the Institute of Chartered Accountants of Pakistan (ICAP). Currently, working as a Partner at Naveed Zafar Ashfaq Jaffery & Co. Chartered Accountants. Previously have served KPMG Taseer Hadi & Co. Chartered Accountants. Remained Chairman of…
National songs, flag-raising ceremonies and community activities emphasise Islamic principles of independence and sacrifice Interview with Mr. Adnan Ghaffar — Principal at The Aura School PAGE: Tell me something about yourself and your school, please: Adnan Ghaffar: I work as the Principal at The Aura School, which provides education from preschool to matriculation. I have over 20 years of teaching experience, including teaching at the matriculation and intermediate levels, as well as over 18 years of experience at the graduate and undergraduate levels. PAGE: How and where do you celebrate Pakistan’s Independence Day? Adnan Ghaffar: I usually celebrate Independence Day at my…
LRBT marks Independence Day with flag hoisting and tree plantation drive Interview with Dr. Malik Ahmed Saeed — (Lt Col Retd), Administrative Superintendent LRBT Hospital, Korangi Karachi PAGE: Tell me something about yourself, please: Dr Malik Ahmed Saeed: I’m proud to be both an Iqbalian and a Ravian, having attended the esteemed Government College, Lahore (now University), founded in 1864. I earned my MBBS from the Prestigious King Edward Medical University, Lahore, the oldest college in Pakistan (1860) and sixth oldest Medical School in South Asia. My journey then led me to serve in the Army Medical Corps for 21 years,…
Celebrating Pakistan’s freedom through heartfelt performances, community contributions, and cultural exhibitions Interview with Dr. Asiya Saif Alvi — a dynamic political analyst Profile: Dr. Asiya Saif Alvi is a dynamic young political analyst from Lahore. After finishing her school and college education, she went to Islamabad for Masters from Quaid-e-Azam University. After doing her Masters, she joined a local college in Lahore for teaching. Simultaneously, she got admission to Government College Lahore for her MPhil in the political science department. Meanwhile, she quit her job at college and started working at the Virtual University of Pakistan in 2009. After doing…
With a love for traditional dishes and national songs, the community seeks larger events and greater embassy involvement to boost participation Interview with Mr Zaheer Ahmed — UAE-based Pakistani PAGE: Tell me something about yourself, please: Zaheer Ahmed: I am an overseas Pakistani, living in the UAE for last 12 years. I am an Aircraft Engineer. PAGE: How long have you been living abroad and how and where do you celebrate Pakistan’s Independence Day? Zaheer Ahmed: We do go to Pakistan Association Dubai or Pakistan Culture Centre to celebrate the Independence Day. PAGE: What questions do your kids ask you about Pakistan and its…
Collaborative efforts, community support, and targeted reforms can help build more resilient system in the country LRBT offers accessible, high-quality eye care through free or subsidised services, charitable funding and efficient operations Interview with Dr. Malik Ahmed Saeed (Lt Col Retd) — Administrative Superintendent, LRBT Hospital Korangi, Karachi PAGE: Tell me something about yourself, please: Dr. Malik Ahmed Saeed: I’m proud to be both an Iqbalian and a Ravian, having attended the esteemed Government College, Lahore (now University), founded in 1864. I earned my MBBS from the Prestigious King Edward Medical University, Lahore, the oldest college in Pakistan(1860) and sixth…
IT sector thrives on strong foundations, modernisation and along govt, top universities support bolster exports and global rankings ILMA University advances tech education, integrating industry skills, enhancing Pakistan’s global IT competitiveness Interview with Syed Kashif Rafi — Registrar and Director, International Linkages & Opportunities, ILMA University PAGE: Tell me something about yourself, please: Syed Kashif Rafi: For the past more than two and a half decades, I have built a diverse career, holding various leadership positions in multiple industries. At ILMA University, I am serving as Registrar and Director of International Linkages & Opportunities. I also hold significant roles in other…
From standards to skills: ICMA’s commitment to advancing Pakistan’s finance education Learning from neighboring successes help elevate local educational outcomes Interview with Mr. Aamir Ijaz Khan — Executive Director, ICMA Pakistan PAGE: Tell me something about yourself, please: Aamir Ijaz Khan: I am a Chartered Management Accountant with Fellow Membership of the Institute of Cost and Management Accountants of Pakistan. Currently, I am working as the Executive Director, ICMA Pakistan. Prior to this role, I worked for Sui Northern Gas Pipelines Limited (SNGPL) and the World Bank funded project “Project to Improve Financial Reporting & Auditing” (PIFRA). I am an SAP, FI/CO…
The country must invest in education and partnerships to improve standards and embrace global best practices Interview with Mr. Mustafa Mirchawala — CEO of Mirchawala’s Hub of Accountancy PAGE: Tell me something about yourself, please: Mustafa Mirchawala: I am an ACCA member and the CEO of Mirchawala’s Hub of Accountancy, a leading institution in Pakistan dedicated to youth development through quality education. With over 20 years of experience in IFRS, Financial Management, and Taxation, I have had the privilege of educating more than 50,000 aspiring professionals. I regularly speak at top business schools and corporate events, simplifying complex concepts for…
As digital natives, young people are adept at using new technologies Prestigious certification of Tabani’s School of Accountancy is a rare accolade from ACCA worldwide Interview with Mr. Farhan Saeed — a renowned faculty member PAGE: Tell me something about yourself, please: Farhan Saeed: I am an educationist by profession; have invested over 36 years in the field of education as both a lead faculty of management accountancy besides being a key management person in the leading institutes of Karachi offering professional qualifications like ACCA-UK, CIMA-UK, CA-ICAP and CMA-ICMAP. Alhamdulillah, I have taught over 3,000 students since 1999 of which most…
Fruit and Vegetable Exporters oppose new tax proposal While giving details to Pakistan & Gulf Economist, Mr. Waheed Ahmed, Patron-in-Chief of the Pakistan Fruit and Vegetable Exporters Association said, ‘The Federal Government has proposed to levy 29% tax on export earnings in the financial year budget 2024-25 instead of full and final withholding tax of 1% under the fixed tax regime. The Pakistan Fruit and Vegetable Exporters Association strongly rejects this proposal and warns the Federal Government that putting the exports under the normal tax regime by abolishing the fixed tax regime will have a very serious impact on the…
Significant investments from China, EIB and USAID propel Pakistan towards its renewable energy goals Political will, public-private partnerships, and more foreign investments are key to the energy transition Interview with Muhammad Khalid — an analyst Profile: Muhammad Khalid is a security, management and education professional who is equipped with over 30 years of diversified international work experience including the energy sector. He is a humble researcher, a thinking mind and is educated till M.Phil. He loves adventure and have climbed up to 7,000 meters high peaks in Pakistan and Turkiye. His other interests include tracking, reading, sightseeing, preserving nature and long…
The country’s renewable energy sector is poised for a bright future, promising energy security and sustainability Local and foreign investments power Pakistan’s renewable energy boom Interview with Ms. Rozina Muzammil — Chief Human Resource Officer, The Institute of Bankers Pakistan PAGE: Tell me something about yourself, please. Rozina Muzammil: With over two decades of diversified experience at the executive level, I have had the privilege of working in various capacities across human resource management, corporate governance, teaching & training, auditing, finance, costing, and budgeting. My career has been marked by leadership roles such as General Manager of Finance in the FMCG…