Nestlé Pakistan wins OICCI Climate Champion Award second time in a row Federal Minister for Climate Change Dr Musadik Malik recognizes Nestlé’s efforts in Pakistan towards Climate & Net Zero, regenerative agriculture and circularity; calls on private sector to come together for coordinated action Nestlé Pakistan’s efforts towards creating shared value for people, planet and business were recognized due to its initiatives on Climate & Net Zero, regenerative agriculture and circularity at the 4th Pakistan Climate Conference, as it won the top Climate Champion Award second time in a row. The 2nd Climate Excellence Awards by Overseas Investors Chamber of…
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Bioniks helped thousands people across countries, combining social impact, regional potential and enterprise The Mind Behind Bioniks Muhammad Anas Niaz, Founder and CEO of Bioniks, is part of a new generation of entrepreneurs using technology to address healthcare challenges in emerging markets. With an engineering background, he identified a gap: advanced prosthetic limbs were widely available in developed countries but largely inaccessible and unaffordable in Pakistan. For many, limb loss affects mobility, employment, and independence. In 2016, a request to help a child with a limb difference led him to develop low-cost, locally made solutions. What began as a small…
GCC ranks as ninth largest global economy with nearly $2.3 trillion GDP According to the latest edition of the “GCC Countries’ Statistics at a Glance” report, the Gulf Cooperation Council (GCC) secured the ninth spot worldwide regarding Gross Domestic Product (GDP) at current prices for 2024. With a combined output reaching nearly $2.3 trillion, the region has solidified its status as a major global economic force. Furthermore, statistics indicate that GDP per capita has consistently expanded relative to the worldwide average throughout the 2016–2024 timeframe. The Gulf region also attained high-tier global positions in external trade metrics, ranking as one…
Customs warns kict management Pakistan Customs has warned the management of Karachi International Container Terminal (KICT) of possible contempt of court proceedings and legal action over escalating operational disruptions that are delaying customs clearance, hampering trade activity, and affecting overall port performance. In a letter issued by the Customs Appraisement West Collectorate to the KICT CEO, officials said operational bottlenecks at the terminal had intensified despite repeated written notices and daily verbal and telephonic coordination. Customs authorities reported persistent delays in container grounding, examination processes, and freight clearance over the past several months. Officials stated that consignment examination largely depends…
Pakistan to Host Indus AI Week 2026 to Showcase National Artificial Intelligence Potential: The Ministry of Information Technology and Telecommunication (MoITT) has announced the launch of its mega, nationwide initiative; i.e. Indus AI Week 2026; under the Anchored in the Prime Minister’s Digital Pakistan vision for a future-ready economy.The initiative will take place from February 9 to February 15, 2026, culminating in a flagship summit at the Jinnah Convention Centre in Islamabad. The batteries powering the world’s fastest racing EVs: Formula E, an all-electric racing competition, is pioneering technology that could find its way into vehicles at a charging station…
Mobilink Bank achieves ISO 27001 certification for its robust information security system Pakistan’s leading digital microfinance bank, Mobilink Bank, has achieved ISO/IEC 27001:2022 certification, which is a globally recognized standard for Information Security Management Systems (ISMS) awarded to organizations that meet international standards for data security. The achievement demonstrates the strength of Mobilink Bank’s information security governance, its systematic approach to managing cyber risks, and protecting customer data through internationally recognized best practices. Globally, the ISO/IEC 27001:2022 is widely regarded as the gold standard for establishing, implementing, maintaining, and continually improving an ISMS. The certification provides a structured, risk-based framework…
Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency and improve management of the market risk undertaken by banks. Kibor Rates In Pakistan TENOR BID OFFER 1 – Week 10.23 10.73 2 – Week 10.23 10.73 1 – Month 10.22 10.72 3 – Month 10.25 10.50 6 – Month 10.27 10.52 9 – Month 10.26 10.76 1 – Year 10.26 10.76 Last Updated on 9th Feb 2026 Source: SBP
With up to PKR 200 subsidized on every ride and rickshaw courier delivery, nearly 80,000 free trips will roll out citywide. Yango Pakistan will also distribute 5,000 safety rods to partner motorcycle drivers in Lahore Additionally, Yango Pakistan has made 3000 branded kites that customers can get a chance to win on their cargo, bike, rickshaw or car courier orders via Yango Delivery, starting 4 days before Basant.** Partner drivers who choose to stay home during Basant will face no deductions or penalties. After many years, Lahore is set to celebrate one of its most beloved festivals, Basant. Joining the…
The Bank Al Falah Nigaah Art Awards 2026 marked a distinguished evening dedicated to artistic excellence, bringing together leading voices and visionaries from Pakistan’s art and cultural landscape. Hosted at the historic Mohatta Palace, the ceremony honored outstanding artists whose work continues to shape contemporary artistic discourse and cultural narratives. The awards recognized exceptional achievement across a diverse range of artistic disciplines, reflecting both innovation and mastery. The Winners for the Nigaah Art Awards 2026 are: Abstract — Rabeya Jalil Portraiture — Ishtiaq Sandhu Printmaking — Musawir Shabbir Miniature — Ahsan Jamal 3D Sculpture — Ali Baba Photography — Zaheer…
GCC debt markets poised for major growth in 2026 The Gulf Cooperation Council’s debt capital market is set to exceed $1.25 trillion in 2026 as project funding and government initiatives fuel a 13.6 percent expansion, according to Fitch Ratings. The region is set to remain one of the largest sources of US dollar debt and sukuk issuance among emerging markets , according to the agency, which also flagged cross-sector economic diversification, refinancing needs, and funding for deficits as drivers behind the growth. The Gulf’s debt capital markets — which stood at $1.1 trillion at the end of the third quarter…
China finalises $1.5bn deals China has finalised new joint venture agreements worth $1.5 billion with Pakistan and signed memoranda of understanding valued at approximately $9 billion across the agriculture, automotive and minerals sectors, Federal Minister for Investment Qaiser Ahmed Sheikh said on Thursday. In a conversation with source, the minister stated that China is also set to make a further investment of $10 billion in the country in the near future, adding that global attention is increasingly focused on Pakistan and broad-based foreign investment is expected in the coming years. According to the minister, a large trade delegation comprising 300…
New office for AI to ‘explore opportunities’: Establishing an office focusing on Artificial Intelligence aims to “balance the opportunity” of the technology with “making sure it is used appropriately”, the executive heading up the project has said. The government has launched the National Office for Artificial Intelligence (AI), which aims to educate people on the tool, and empower businesses and individuals to utilise it. Establishing the office has seen £1m drawn down from the Economic Strategy Fund, which would be used for training, awareness, literacy and engagement with industry. Chief executive of Digital Isle of Man, Lyle Wraxall, said it…
UBL executes largest-ever interest rate swap of Rs75bn with Jazz United Bank Limited (UBL) has successfully executed a PKR 75 billion Interest Rate Swap (IRS) with Jazz, Pakistan’s leading digital operator, marking the largest interest rate swap ever concluded in the country. The transaction enables Jazz to hedge interest rate risk on its long-term local currency debt, enhancing cash-flow predictability and strengthening its financial risk management framework. The deal further reinforces UBL’s pioneering role in developing Pakistan’s derivatives and hedging markets, setting benchmarks for scale, structure and execution, while supporting the evolution of sophisticated risk-management practices among corporates. UBL acted…
Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency and improve management of the market risk undertaken by banks. Kibor Rates In Pakistan TENOR BID OFFER 1 – Week 10.08 10.58 2 – Week 10.04 10.54 1 – Month 10.00 10.50 3 – Month 10.93 10.18 6 – Month 10.93 10.18 9 – Month 10.92 10.42 1 – Year 10.91 10.41 Last Updated on 26th Jan 2026 Source: SBP
by Tristan Gaudiaut, In the immediate future, the global risk landscape will be dominated by geoeconomic confrontation, misinformation and societal polarization. But over the next ten years, climate change and its consequences will pose the greatest risk to the world. That’s according to more than 900 global experts from academia, business and politics, who were asked to evaluate 33 global risks over a two-year and ten-year horizon for the World Economic Forum’s annual Global Risks Report. In 2026, the report ranks geoeconomic confrontation as the top short-term risk, reflecting a world increasingly shaped by geopolitical rivalry and economic/military tensions. Misinformation and disinformation, fueled by…
by Anna Fleck, Around seven percent of adults identify as LGBT+, according to a survey conducted online in 31 countries in 2025 by Statista Consumer Insights. As the following chart shows, there’s notable variation between countries. The Philippines had the highest share of people identifying as LGBT+, at 11 percent, while the United States and Thailand came in a close joint second place with 10 percent of adults each, followed by Sweden (9 percent), Brazil and the United Kingdom (8 percent each). When looking at sexual orientation in the U.S., 3 percent of respondents identified as gay, 5 percent as bisexual and one percent pansexual. At…
by Tristan Gaudiaut, Artificial intelligence is rapidly transforming the media publishing industry, with back-end automation and coding emerging as critical areas of innovation in the sector. According to Reuters’ 2026 trends and predictions report, which surveyed almost 300 media leaders around the globe between November and December 2025, they are the two most important AI use cases in media publishing in the upcoming year. Back-end automation (tagging, copyediting, transcription, etc.) is considered “very important” by 64 percent of media executives surveyed by Reuters, while 44 percent said the same about coding/product development. Coding, in particular, has recently seen a surge in adoption.…
by Tristan Gaudiaut, As AI-related capabilities and vulnerabilities are accelerating at an unprecedented pace, cyber-enabled fraud continues to proliferate worldwide, with several major cybercrime cases having made the headlines recently. According to the Global Cybersecurity Outlook 2026 published by the World Economic Forum in January, phishing or vishing/smishing, which involves tricking users with an email or a voice/text message appearing to come from a trusted third party, remains by far the most common type of cyberattack to affect professionals and businesses. 62 percent of cybersecurity leaders surveyed all around the world between August and October 2025 indicated that their own company or professional/personal…
by Anna Fleck, Where is socializing most often considered a hobby in different countries around the world? According to data from a Statista Consumer Insights survey, Turks and Spaniards are particularly likely to include spending time with others as one of their main personal pastimes. By contrast, respondents in the United States and in urban India were far less likely to consider socializing as one of their top hobbies, with only around one in four picking the option. In China, just one in five said the same. In the U.S., just some of the hobbies which were selected by a higher share of people included…
by Felix Richter, With the Olympic Winter Games of Milano and Cortina just three weeks away and Sunday marking World Snow Day, it’s time to take a closer look at a pastime and industry that faces an uncertain future: winter sports. While tens of millions of skiers and snowboarders still head for the mountains during the colder months each year to follow their passion, it is increasingly difficult and costly for ski resorts to maintain adequate winter sports conditions in a way that is both economically and environmentally sustainable. In recent years, rising temperatures have raised snowlines, made natural snowfall less dependable…
by Anna Fleck, Public attitudes toward religious tolerance vary widely across societies, as reflected in an Ipsos survey conducted in 2023. Among the 26 countries polled, roughly three in four (76 percent) said that they felt completely comfortable around people who hold different religious beliefs. Tolerance levels were highest in South Africa, where nine in ten people expressed this view. At the other end of the spectrum were Spain (68 percent), Japan (59 percent), Germany (56 percent) and South Korea (53 percent). The survey also highlighted differing perceptions of religion’s impact on the world. Nearly half of respondents (47 percent) said they believe…
Zong, Pakistan’s leading information services and technology innovation company, has signed a Memorandum of Understanding (MoU) with the National Database & Registration Authority (NADRA) to support national digitalization efforts under the Government of Pakistan’s ‘Digital Pakistan’ vision. The collaboration aligns with the Prime Minister’s agenda for citizen-centric technological advancement and aims to enhance secure, inclusive digital services nationwide. Under this partnership, Zong will introduce NADRA’s Multi-Biometric Verification solution, including facial recognition as an alternative to fingerprint-based verification. This initiative will enable dignified and accessible SIM issuance for senior citizens, persons with disabilities, individuals experiencing age-related fingerprint fading, skin conditions or…
BYD, the world’s No. 1 manufacturer of New Energy Vehicles (NEVs), announced its global sales results for 2025, delivering more than 4.6 million NEVs and securing the global sales championship once again. This achievement highlights BYD’s global dominance that is strengthened by a commitment to innovation, quality and customer satisfaction across the world. As part of its international expansion, the Company also revealed that overseas sales achieved a new milestone, surpassing 1 million units for the first time in a single year, showcasing the growing acceptance and appeal of its brands, and vehicles across global markets. “2025 has been a…
realme, following the remarkable market response and strong sales performance of the realme C85 Pro, is once again gearing up to disrupt the smartphone segment with the teaser reveal of its new model, the upcoming realme C85. The new smartphone highlights realme’s focus on delivering an Ultra Battery and Ultra Display experience, aimed at redefining endurance and viewing excellence for power users. Ultra Battery Built for Unstoppable Power At the heart of the realme C85 is a massive 7000mAh Titan Battery, engineered for users who demand extended performance without compromise. Designed to keep up with today’s always-on lifestyles, the ultra-large…
As we enter 2026, accelerating digital payments adoption remains a national priority, with intermittent connectivity persisting to be one of the most critical bottlenecks limiting scale and inclusion. While significant progress has been made in recent years, the inability to access stable internet or cellular coverage in many parts of the country continues to limit everyday digital transactions. Digital payments, in particular, remain elusive for millions of users and businesses, specifically in rural, remote, and disaster-affected areas. In response to this challenge, Karandaaz Pakistan convened the final pitch round of the Offline Payments I…
Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology, said today that the economy is witnessing a fragile but undeniable recovery, evidenced by the rebound in Large-Scale Manufacturing and the sustained robustness of foreign remittances. Speaking to the business community, he noted that the manufacturing sector is finally showing signs of life after a prolonged slump, with the HBL Pakistan Manufacturing PMI, compiled by S&P Global hitting a 10-month high of 52.8 in December. He emphasized that for the…
Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology, said today that while the Pakistan Stock Exchange has set a historic milestone by crossing the 182,000-points, the government must not overlook the flashing warning signs in the real economy. Speaking to the business community, he noted that the KSE-100 index’s surge to 182,408 points, a single-day gain of over 3,300 points, reflects strong investor confidence driven by institutional buying and expectations of a further interest rate cut in the…
Premium Economy to launch in ten new cities and expand to additional flights in two existing destinations Emirates will continue rolling out its retrofitted Boeing 777 and new A350 aircraft to key destinations across Asia, the Middle East, Europe, North America, Africa, and Australia, bringing Premium Economy and its latest onboard products to more cities across its network. Starting on 1 March*, Emirates’ retrofitted three-class Boeing 777-200LR will begin operating daily to Karachi on EK606/607 Customers can look forward to Emirates’ award-winning Premium Economy experience, complete with extra legroom and added amenities, elevated dining, and more. The airline will deploy…
Yango Integrates Real-Time 15 Police Helpline Emergency Services with PSCA Yango Ride, part of the global tech company Yango Group, has introduced a major safety advancement for its customers and partner drivers through a new partnership with the Punjab Safe City Authority (PSCA). The in-app integration marks the first of its kind in Pakistan’s ride-hailing sector, setting a new benchmark for safety, accountability, and real-time emergency support. With this integration, customers will be able to call the official 15 emergency police helpline directly from within the Yango app. The call will be routed to the Emergency Response Centre under a…
Gulf common market sees growing economic integration Economic, investment and services activity within the GCC expanded by the end of 2024, according to the Gulf Common Market – Facts and Figures publication issued by the GCC Statistical Centre (GCC-Stat). The number of public joint-stock companies, whose shares are permitted to be traded by GCC citizens, rose to 748, an increase of 30.3 percent compared with 2023. The total capital of these companies reached US$549 billion, while the number of shareholders stood at 246,600 in 2024. GCC-Stat said the figures reflect the application of the non-discrimination principle, enabling GCC citizens to…
Government to localise lithium-ion battery Pakistan is engaging China in agreements worth $558 million focused on lithium-ion battery assembly and manufacturing for value addition, officials said on Tuesday. The government is pursuing business-to-business engagements with Chinese firms to exploit local mineral reserves and reduce import reliance through domestic battery production. A phased domestic supply plan has been identified to address gaps, import dependence, joint-venture opportunities and required policy actions. This was discussed at a high-level meeting on the Lithium-Ion Battery Policy chaired by Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan. The meeting was attended…
PDA to Accelerate Pakistan’s Digitization With New Master Plan: The Prime Minister has assigned the Pakistan Digital Authority (PDA) a key national responsibility to lead the country’s digitalization process. Acting on the Prime Minister’s directives, the authority has accelerated work on the Digital Pakistan agenda, placing digital transformation at the center of national development planning. PM Forms High-Level Committee to Finalize 5G Spectrum Prices: The Prime Minister has constituted a committee to determine the pricing framework for the upcoming 5G spectrum auction, according to sources. A sub-committee has been formed under the leadership of Federal Minister Dr. Musadik Malik to…
Al Baraka Bank (Pakistan) Limited Launched Digital Hub and Digital Auto Finance Al Baraka Bank (Pakistan) Limited (ABPL), marked a significant milestone in its Digital Transformation Journey with the inauguration of its Digital Hub (Design Lab) and Digital Auto Finance, reinforcing the Bank’s commitment to innovation, customer convenience, digital transformation and Shariah-compliant financial solutions. The inauguration ceremony was attended by Syed Sohail Javaad- Executive Director, (Digital Financial Services Group), State Bank of Pakistan, Mr. Muhammad Atif Hanif – CEO, Al Baraka Bank (Pakistan) Limited, Senior Management of the Bank and esteemed guests from SBP, Business, Academia, Technology and Financial Industry…
Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency and improve management of the market risk undertaken by banks. Kibor Rates In Pakistan TENOR BID OFFER 1 – Week 10.21 10.71 2 – Week 10.22 10.72 1 – Month 10.16 10.66 3 – Month 10.11 10.36 6 – Month 10.11 10.36 9 – Month 10.07 10.57 1 – Year 10.07 10.57 Last Updated on 12th Jan 2026 Source: SBP
Pakistan is a country blessed with a diverse range of minerals and natural resources, which form a cornerstone for industrial growth, export potential, and economic development. From industrial metals to precious stones, the nation’s mineral wealth is vast, yet remains largely underutilized. Understanding Pakistan’s materials and minerals is critical for investors, policymakers, and industries seeking to harness these resources sustainably. Key Minerals of Pakistan 1. Coal Coal is one of Pakistan’s most abundant natural resources, primarily found in Thar, Lakhra, and Salt Range regions. The Thar coalfield alone is estimated to have 175 billion tons, offering massive potential for power…
Drones, or Unmanned Aerial Vehicles (UAVs), have rapidly transformed from niche gadgets into essential tools across industries globally. From agriculture and logistics to defense and emergency response, the versatility of drones is redefining technological landscapes. In Pakistan, the adoption of drone technology is gaining momentum, paralleling international trends and opening new avenues for innovation and economic growth. Global Drone Trends: Transforming Industries Internationally, drones are no longer limited to military or recreational use. Their integration into commercial and technological sectors is remarkable: Agriculture: Drones equipped with multispectral sensors help monitor crop health, optimize irrigation, and apply fertilizers with precision. Countries…
The Pakistan Stock Exchange (PSX) remains one of the most important barometers of the country’s economic health, investor confidence, and future growth prospects. Despite recurring macroeconomic challenges, political uncertainty, and external pressures, the PSX has repeatedly demonstrated resilience, delivering periods of strong returns and renewed investor interest. As Pakistan navigates economic reforms and structural adjustments, the role of PSX becomes even more critical in mobilizing capital, promoting transparency, and supporting sustainable growth. Evolution of the Pakistan Stock Exchange Formed in 2016 through the merger of Karachi, Lahore, and Islamabad stock exchanges, the Pakistan Stock Exchange aimed to create a unified,…
The global halal food market is experiencing unprecedented growth, driven by rising Muslim populations, ethical consumerism, and international demand for high-quality, certified halal products. Pakistan, with its vast livestock resources and traditional halal practices, is emerging as a key player in this sector. With proper infrastructure, policy support, and global marketing strategies, Pakistan has the potential to become a major exporter of halal food and meat. The Growing Global Demand for Halal Products Halal food is no longer just a requirement for Muslim consumers; it has become a symbol of quality, hygiene, and ethical food practices worldwide. In recent years,…
IBA has attained Full Membership of University Consortium for Executive Education (UNICON), joining a highly selective global network of 125+ leading universities and business schools worldwide. Notably, IBA is the first public-sector institution in Pakistan to achieve full UNICON membership—underscoring its regional credibility, global competitiveness, and leadership in executive education, while strengthening Pakistan’s connection to world-class learning and global best practices. As a Full Member of UNICON, IBA-CEE will continue to expand high-impact learning platforms, connect Pakistani leadership with global expertise, and contribute to positioning Pakistan as an active and credible participant in the international executive education ecosystem. As IBA continues to…
Pakistan is facing one of the most severe water and energy crises in its history. Rapid population growth, climate change, inefficient water management, and increasing demand for electricity have placed enormous pressure on the country’s natural resources. In this context, dams in Pakistan are not just infrastructure projects; they are critical national assets that play a vital role in water security, hydropower generation, flood control, and economic development. Water Storage Crisis in Pakistan Pakistan’s water storage capacity is alarmingly low compared to global standards. The country can store only a few weeks of river flows, while many developed and developing…
Zong, Pakistan’s leading information services and technology innovation company, in collaboration with Huawei, has successfully completed Pakistan’s first field test of a full-duplex E-band microwave link. This achievement represents a significant breakthrough in ultra-high-capacity backhaul technology for Pakistan. With rapidly growing data traffic driven by high-definition video streaming, augmented reality (AR), cloud services, and low-latency applications, traditional microwave backhaul solutions face increasing spectrum constraints. Zong’s full-duplex E-band solution directly addresses these challenges, enabling next-generation network performance. With the surge in traffic driven by emerging applications, traditional microwave solutions are limited by spectrum resources and struggle to meet the growing demand…
Presently the government of Pakistan on Tuesday sold its 75 percent stakes in PIA (Pakistan International Airlines) for Rs10.1 billion cash to business tycoon Arif Habib-led consortium, marking the completion of the first major privatisation transaction in two decades through offloading the white elephant. It is said that the consortium of Arif Habib, Fawad Ahmed Mukhtar, Gohar Ejaz and Aqeel Karim Dhedhi – Pakistan’s renowned businesspersons, placed the highest bid of Rs135 billion for the 75 percent shares in the 13th round of open auction. Sources recorded that Air Blue was disqualified for the open bidding after it offered Rs26.5…
Russia and the Gulf Cooperation Council As 2025 draws to a close, the strategic trade and economic exchanges between Russia and the Gulf Cooperation Council (GCC) have reached unprecedented depth and vibrancy. What began as periodic high-level consultations has matured into a multifaceted, mutually beneficial partnership rooted in macroeconomic complementarity, robust commercial cooperation, infrastructure connectivity, and shared interests in shaping a stable, multipolar economic order. From Sochi to Riyadh, from Dubai to Muscat, business leaders, policymakers, and investors increasingly speak of Russia-GCC relations not just in geopolitical terms but as a platform for sustainable economic transformation and shared prosperity, one…
Pakistan records a current account surplus of $100 mn Pakistan recorded a current account surplus of $100 million in November 2025, reversing a deficit of $291 million in October, but the modest improvement came despite a sharp decline in goods exports and was driven almost entirely by remittances sent by overseas Pakistani labourers who continue to receive little to no institutional support from the state. Rather than reflecting a strengthening of export competitiveness or productive capacity, the surplus underscores Pakistan’s growing dependence on remittance inflows generated by migrant workers, many of whom face systemic hurdles, harassment, and mistreatment at the…
Pakistan Moves Closer to Launching New Telcos Services Without a Physical Network: Pakistan has taken a major step toward opening its telecom market to new players as the Ministry of Information Technology has forwarded the Mobile Virtual Network Operator (MVNO) licensing framework to the federal cabinet for final approval. Officials said the move is seen as a key part of preparations for the country’s 5G launch planned for the first quarter of next year. The framework had been pending with the ministry for almost one year. PTA originally sent the revised MVNO plan to the Ministry of IT in November last year, after…
IMC sponsors underprivileged students for Markhor project Indus Motor Company (IMC), commemorating thirty-five years of Toyota’s presence in Pakistan, sponsored ten students from the Toyota Goth Education Program (T-GEP) to participate in the Markhor Project held from 01 October to 05 October in Manoor Valley, Kaghan. The program brought together ninety-one young leaders from across the country for an immersive experience focused on self-discovery, purposeful learning, and social contribution. Reinforcing its commitment to empowerment and gender inclusion, IMC ensured that eight of the ten sponsored students were girls. This reflects the company’s long-standing focus on expanding opportunities for young women.…
Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency and improve management of the market risk undertaken by banks. Kibor Rates In Pakistan TENOR BID OFFER 1 – Week 10.34 10.84 2 – Week 10.35 10.85 1 – Month 10.35 10.85 3 – Month 10.40 10.65 6 – Month 10.45 10.69 9 – Month 10.47 10.97 1 – Year 10.48 10.98 Last Updated on 22nd Dec 2025 Source: SBP
Introduction: Redefining Growth in a Climate-Conscious World The global economy is undergoing a profound transformation. Traditional growth models—built on intensive resource extraction and environmental neglect—are no longer sustainable. In response, green growth has emerged as a forward-looking economic strategy that harmonizes nature, technology, and economic development. By integrating environmental protection with technological innovation, green growth offers a roadmap for long-term prosperity without compromising the planet. This evolving model is not just an environmental imperative; it is a powerful driver of competitiveness, resilience, and inclusive development in the 21st century. Understanding Green Growth: Beyond Environmental Protection Green growth refers to an…
Zong, Pakistan’s leading Information Services and Technology Innovation Company, is set to launch the nation’s first-ever Blockchain-based Degree Attestation System in a landmark strategic partnership with the Higher Education Commission (HEC). Leveraging the immense experience and technological expertise of its parent organization, China Mobile, Zong’s new system will replace legacy, paper-driven processes with a secure, transparent, and fully digital ecosystem. The platform ensures that academic records are 100% tamper-proof using the core strengths of blockchain; immutability, transparency, and decentralized security. This enables instant verification for employers and institutions globally, especially benefitting overseas Pakistanis. It will also eliminate the need for…
TikTok For Business Ads Manager now gives businesses of all sizes the resources and flexibility to engage new audiences TikTok has rolled out a new self-serve advertising solution in Pakistan to empower small and mid-size businesses (SMBs) to tap into the power of the platform to grow their brand. TikTok For Business Ads Manager, a self-service advertising platform, gives SMBs the tools to tap into the creativity of the TikTok community, reach new audiences and optimize their marketing campaigns with an easy-to-use platform. The move marks an important step in expanding TikTok in Pakistan, giving local entrepreneurs, homegrown brands and…
Strict adherence to governance reforms is vital, but further burdening the industrial sector could stifle recovery Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology, has commented on the 11 milestones recently outlined by the International Monetary Fund (IMF) as part of the ongoing $7 billion Extended Fund Facility (EFF). In a statement issued today, Mian Zahid Hussain observed that while the recently emphasized milestones aimed at curbing corruption and enhancing transparency are steps in the right direction, the…
Introduction Artificial Intelligence has moved far beyond simple automation and predictive analytics. A new paradigm—Agentic AI—is redefining how machines interact with the world, make decisions, and pursue goals with minimal human intervention. Unlike traditional AI systems that respond to predefined inputs, Agentic AI operates as an autonomous agent, capable of planning, reasoning, adapting, and acting independently to achieve specific objectives. As businesses, governments, and industries accelerate digital transformation, Agentic AI is emerging as a game-changing technology that promises higher efficiency, smarter decision-making, and scalable innovation. What Is Agentic AI? Agentic AI refers to artificial intelligence systems designed to function as…
Pakistan is facing a persistent energy crisis driven by rising fuel costs, growing electricity demand, and climate vulnerability. In this context, solar and wind power in Pakistan are emerging as vital solutions to ensure energy security, economic stability, and environmental sustainability. With abundant sunlight and strong wind corridors, the country holds immense untapped renewable energy potential. Pakistan’s Renewable Energy Landscape Pakistan is geographically well-positioned for renewable energy development. The government’s Alternative and Renewable Energy (ARE) Policy aims to increase the share of clean energy in the national power mix, reducing dependence on imported fossil fuels. Among renewable sources, solar energy…
Google’s Year in Search 2025 paints a vivid picture of what captured Pakistan’s attention online, with searches spanning from Pakistan’s ever-lasting love of Cricket and athletes to quick recipes and curious how-to queries. Cricket on Top with Local Dramas Close Behind in Pakistan’s Entertainment Searches Cricket continues to lead Pakistan’s search trends for another year, with major matchups and tournaments dominating online curiosity. Fans actively searched for fixtures like Pakistan’s matches against South Africa, India & New Zealand. Among major tournaments, Pakistan’s homegrown “Pakistan Super League” remained the most popular tournament alongside “Asia Cup”, and the “ICC Champions Trophy”, reflecting…
GCC leaders pledge unified stance on regional crises Gulf Cooperation Council leaders Wednesday concluded their 46th Summit with a pledge to boost integration and tackle emerging challenges. They issued the following ‘Sakhir Declaration’ at the end of the 46th GCC Summit hosted by the Kingdom of Bahrain: “Based on the deep, historic fraternal bonds that unite the GCC states and their peoples, rooted in common faith, lineage, language and a shared destiny, and reflecting the noble objectives upon which the Council was founded in 1981, Their Majesties and Highnesses, the leaders of the Gulf Cooperation Council (GCC), convening at the…
USF accepts Rs13b new telecom projects The Universal Service Fund (USF) is poised to achieve a major milestone under the prime minister’s Digital Pakistan vision with the approval of nine new telecom projects valuing at Rs13.05 billion. These projects are set to provide high-speed internet and voice services to 5.55 million un-served and underserved residents across 178 towns/union councils and 753 mauzas of 11 districts across the country, significantly empowering the rural population to participate in the digital economy and connect with the digital world, said. Six projects will deliver high-speed broadband and voice services to 1.27 million people in…
Askari Bank and Autosoft Dynamics Partner to Accelerate Digital Transformation in Lending: Askari Bank Limited has entered into a strategic partnership with Autosoft Dynamics (Pvt.) Limited, a leading provider of banking technology solutions, to implement a state-of-the-art Digital Lending and Loan Origination System (LOS). This collaboration marks a significant milestone in the Bank’s digital transformation journey and reinforces its commitment to redefining customer experience through technology-driven innovation.Under this agreement, Autosoft Dynamics will deploy its advanced digital lending suite to automate and streamline the end-to-end credit process. The initiative will strengthen Askari Bank’s risk management framework, enhance operational efficiency, and substantially…
Natural resources short review Russia has the world’s most valuable natural resources, estimated at $75 trillion, followed by the U.S. $45 trillion and Saudi Arabia $34 trillion. Other countries with significant resource wealth include Canada, Iran, China, Brazil, and Australia. Globally, Russia, the U.S., and Saudi Arabia have a combined natural resource value of $154 trillion. Why OPEC plans to keep oil production flat? Oil producers in the OPEC+ group this weekend confirmed they will hold output levels flat in the first quarter of next year. This comes after the group spent most of this year increasing oil production. For…
Mian Zahid felicitates UAE on 54th National Day; lauds $7.4 trade milestone Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology, has extended his warmest felicitations to the leadership and people of the United Arab Emirates on the joyous occasion of their 54th National Day (Eid Al Etihad). In a statement issued on December 3, Mian Zahid Hussain paid rich tribute to the vision of the UAE’s Founding Father, Sheikh Zayed bin Sultan Al Nahyan, whose legacy of wisdom…
Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency and improve management of the market risk undertaken by banks. Kibor Rates In Pakistan TENOR BID OFFER 1 – Week 10.78 11.28 2 – Week 10.78 11.28 1 – Month 10.79 11.29 3 – Month 10.85 11.10 6 – Month 10.90 11.15 9 – Month 10.90 11.40 1 – Year 10.91 11.41 Last Updated on 8th Dec 2025 Source: SBP
Due to the natural depletion of indigenous gas reservoirs on annual basis, SSGC has been experiencing gas shortages in its system. Since FY 2017–18 the gas supplies have been reduced by 55% (1192 MMSCFD in FY-2017-18 to current 660 MMSCFD) in SSGC’s allocated gas fields and subsequently 535 MMCFD of gas depletion has been observed during the past eight years. The year-wise gas supplies and depletion rate can be seen in the below listed chart; According to the load management plan approved by ECC, the domestic and industrial sectors are given the first priority. There is no gas load shedding…
Introduction Inflation has become a defining economic theme of the 2020s, reshaping financial markets, altering consumption patterns, and challenging policymakers around the world. While inflation naturally fluctuates across economic cycles, the recent surge—fueled by supply disruptions, geopolitical tensions, and aggressive monetary shifts—has had an unprecedented global impact. Understanding worldwide inflation trends is essential to contextualize Pakistan’s own price pressures and policy struggles. Global Inflation: The Big Picture 1. The Post-Pandemic Price Shock The world entered a new inflationary period following the COVID-19 pandemic. Lockdowns crippled manufacturing hubs, shipping routes were disrupted, and labour shortages emerged across continents. When global demand…
Agreement includes options to convert Emirates’ latest order into the 777-8 or 777-10, providing strong backing for Boeing’s 777-10 feasibility study. Emirates to remain largest customer and operator of the Boeing 777 with a total orderbook of 280 aircraft including freighters; and the largest GE9X customer with a total of 540 engines on order to power its 777X fleet, including the additional 130 units signed today. Emirates, the world’s largest international airline, today announced orders for 65 additional Boeing 777-9 aircraft, powered by GE 9X engines, worth US$ 38 billion at list prices, on the opening day of Dubai Airshow…
The Center for Excellence in Islamic Finance (CEIF) at IBA celebrated its 10-year journey in shaping the future of the Islamic financial landscape in Pakistan with a grand event titled “A Decade of Empowering Islamic Finance,” held at the IBA City Campus. Dr. Irum Saba, Director, IBA-CEIF, delivered the welcome address. She acknowledged the strong collaboration of Islamic financial institutions, which has enabled the center to achieve such a major milestone. Dr. Saba credited the center’s success to the support of various banking authorities, including the State Bank of Pakistan (SBP), and expressed her gratitude to the sponsors of the…
Diamonds have long symbolized wealth, prestige, and timeless beauty, but among the millions of stones mined throughout history, only a handful rise to the status of global treasures. These are the diamonds that shape royal histories, break auction records, and become icons of human fascination. Their astonishing prices reflect not only their size and color, but also their stories — tales of empires, conquests, science, and rarity so profound that their worth transcends the market itself. A Treasure Beyond Price: The Koh-i-Noor Often described as “priceless,” the Koh-i-Noor stands in a category of its own. Originating from the famed mines…
The global halal economy has evolved far beyond traditional food requirements to become one of the world’s fastest-growing economic ecosystems. Driven by rising Muslim populations, increasing consumer awareness, and growing demand for ethical, traceable, and high-quality products, the halal economy now spans food, finance, travel, pharmaceuticals, cosmetics, fashion, logistics, and digital services. Today, it represents a market worth over USD 3 trillion and continues to expand as both Muslim-majority and non-Muslim countries invest strategically in halal-compliant industries. From Religious Obligation to Global Market Standard Halal, which means “permissible” according to Islamic principles, has transformed into a global benchmark for quality,…
The Aga Khan University Hospital (AKUH) successfully organised a public awareness session titled ‘Live Well With Diabetes – Track. Treat. Thrive.’ to mark World Diabetes Day, addressing the fact that more than one in four adults in Pakistan is currently living with diabetes. The session offered invaluable expert guidance, interactive learning opportunities, and free-of-charge health assessments, empowering attendees to better understand, manage, and prevent diabetes and its complications. The event brought together healthcare professionals, students, and members of the public. The session centred on the crucial need for early detection and adherence to proper management plans. Dr. Qamar Masood, Consultant…
Marhaba exporting superior quality natural products to over 40 countries Marhaba set to explore new horizons under Hakeem Muhammad Usman leadership Marhaba Laboratories (Private) Limited established in 1975, introduced Pakistan’s purest range of natural products under the umbrella brand name ‘Marhaba’, and over the years it has continuously innovated to create world-class research laboratories. Marhaba has the largest and best-equipped production facilities for health and consumer products. Marhaba is one of the fastest-growing companies providing healthy food products, herbal medicines, and natural cosmetics. Due to market confidence and acceptance at mass levels, Marhaba has become Pakistan’s No.1 natural brand. Focusing…
The future is bright: GCC growth outlook Gulf Cooperation Council (GCC) real GDP growth is projected to increase from 1.7 percent in 2024 to 3.2 percent in 2025 and 4.5 percent in 2026. Growth is driven by an easing of OPEC+ oil production cuts and robust expansion in non-oil sectors, including private consumption, investment, and economic diversification efforts. Government spending has been effective in stabilizing economies, particularly during downturns. The positive outlook is supported by a stable insurance sector and ongoing reforms to strengthen the private sector. Economic diversification efforts in GCC member states, such as Saudi Arabia and the…
Pakistan, Canada discuss climate cooperation Federal Minister for Climate Change and Environmental Coordination, Senator Dr Musadik Malik, met with the High Commissioner of Canada to Pakistan, Tarik Ali Khan, to discuss ongoing collaboration and future avenues of partnership between Pakistan and Canada. The Canadian high commissioner conveyed condolences over the recent tragic attack on Cadet College Wana, Khyber-Pakhtunkhwa (K-P). He expressed Canada’s hope for peace and stability in the region. He also thanked the minister for his support in facilitating the import of Canadian Canola Oil into Pakistan. According to an official statement issued on Thursday, discussions focused on strengthening…
Honor 500 Pro Leak Reveals Massive Battery and 200MP Camera: Honor is reportedly planning to unveil its 500 series smartphones by the end of this year, according to recent leaks. The company has yet to confirm any details, but a series of reports has already outlined what users might expect from the upcoming lineup.The latest leak, originating from China, highlights that the Honor 500 Pro will feature Qualcomm’s Snapdragon 8 Elite chipset. The device is also rumored to include a massive 8,000mAh battery, which could offer impressive battery life for power users. BankIslami Strengthens Its Digital Islamic Banking Platform ‘aik’: Committed to…
LUMS and HBL to develop commercial financing schemes for accelerating electric mobility LUMS and Habib Bank Limited (HBL) have signed an MoU to collaborate on developing commercial financing schemes for LUMS’ upcoming project, ‘Pakistan – Battery Swapping Network’. The initiative aims to accelerate the adoption of electric three-wheelers in Pakistan by introducing flexible and accessible financing options. Through this collaboration, both institutions seek to drive the transition toward cleaner, emission-free transport solutions and contribute to improving air quality across urban centres. Beyond reducing emissions, the project aligns with Pakistan’s climate change mitigation commitments under the Paris Climate Agreement and the…
Kibor rate is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or interbank market. KIBOR as a benchmark, to encourage transparency and improve management of the market risk undertaken by banks. Kibor Rates In Pakistan TENOR BID OFFER 1 – Week 10.87 11.37 2 – Week 10.87 11.37 1 – Month 10.89 11.39 3 – Month 10.90 11.15 6 – Month 10.93 11.18 9 – Month 10.95 11.45 1 – Year 10.97 11.47 Last Updated on 17th Nov 2025 Source: SBP
Gas & Oil Pakistan Limited, in partnership with Aramco, inaugurated its 50th retail station on Srinagar Highway, Islamabad. The event gathered senior management and industry leaders to celebrate this milestone, reflecting the company’s growing commitment to Pakistan’s retail fuel sector. Beyond expanding its network, the Aramco new station contributes to the creation of employment opportunities, local skill development, and economic activity in the surrounding community. Each new outlet supports operational staff, customer service teams, and supply chain partners, reinforcing the broader socio-economic impact of the investment. Since launching its first station in Lahore in 2024, the global oil giant has…
Artificial Intelligence (AI) has emerged as one of the most transformative forces of the 21st century, reshaping industries, economies, and societies at an unprecedented pace. What began as a concept of mimicking human intelligence through machines has now evolved into a sophisticated ecosystem of technologies driving automation, decision-making, and creativity across the globe. From Concept to Reality The roots of AI date back to the mid-20th century when scientists first began exploring the possibility of machines that could “think.” Over the decades, AI has progressed through several stages—rule-based systems, machine learning, and now deep learning—each pushing the boundaries of what…
A Global Revolution on Wheels The world is witnessing a major transformation in mobility. Electric Vehicles (EVs), once seen as experimental technology, have now become a mainstream reality. Countries around the globe are embracing cleaner, smarter, and more efficient transport systems. China, the United States, and Europe continue to dominate the EV landscape. China leads the way, accounting for more than half of global EV sales, while European nations like Norway and Germany are rapidly approaching full electrification. The United States, with support from federal incentives and tech pioneers like Tesla, is expanding its EV infrastructure and manufacturing base. Meanwhile,…
by Tristan Gaudiaut, Driven by geopolitical tensions, economic uncertainty and sustained central bank buying, the price of gold has reached record levels, gaining nearly 60 percent this year to pass the $,4,000-per-ounce mark this month (closing price average from October 1st to 27th). The level of demand for gold is now prompting questions about whether reserves of the commodity are being exhausted and if humanity has reached “peak gold”. Indeed, some analysts believe that global mining production has already reached or is close to its peak, having stagnated between 3,000 and 3,300 metric tons annually over the last decade. While new gold deposits are still being…
by Tristan Gaudiaut, Globally, the most widely used investment products include stocks, bonds, real estate, insurances with an investment element (e.g., life insurance) and precious metals (gold, silver, etc.). Cryptocurrencies have also been gaining traction in recent years, particularly among younger investors and in emerging economies. According to the most recent Statista Consumer Insights survey conducted in six countries across the globe, equity investments, such as stocks or mutual and exchange-traded funds, are still dominant. Indeed, they are the most popular form of investment in India (39 percent of respondents said they currently own/use it), China (36 percent), Germany (23 percent) and the United States (17…
by Katharina Buchholz As the following chart shows, Brazil is expected to retain its role as the world’s biggest exporter of beef in 2025, according to data from the U.S. Department of Agriculture. Forecasts as of April predict that the country will export 3.75 million tons of beef this year. The other major players in beef exports in 2025 are India, which exports water buffalo, the United States and Australia. Despite the second presidency of Donald Trump seeing many new tariffs coming into effect, the beef trade market did not see major disruptions over the course of the year so far. The United…
by Katharina Buchholz, The following chart shows data on suicide prevalence in countries around the world. Out of every 100,000 men in the United States, an average of 24 died from suicide in 2021, while for women the average was close to seven per 100,000. In several countries these figures were even higher, such as in South Korea, Lithuania and Hungary. While there are significant differences between countries, one pattern is clear to see: the rates of men taking their own lives are generally higher than those of women. Lithuania and South Korea had the highest rates of suicide among men in 2021…
by Valentine Fourreau, The fashion industry has a significant environmental impact due to its high consumption of water, land and raw material. According to European Parliament data, in 2022 the average textile consumption per person in the EU required 323 m² of land, 12 m³ of water and 523 kg of raw materials. In September, the European Parliament passed a law aimed at reducing textile waste in the EU. While this new directive applies to all textile producers, it specifically targets fast fashion companies like Shein or Temu, whose rapid turnover of collections and low prices come at the expense of quality and…
by Tristan Gaudiaut, With sales continuing to thrive in many countries, the global market for battery electric vehicles (BEVs) surpassed the 10 million annual sales mark for the first time in 2024, with sales up nearly 10 percent compared to 2023. More recently, in May 2025, China also reached a major milestone, with over one million electric cars sold in a single month, according to the International Council on Clean Transportation (ICCT). While China unsurprisingly dominates the global market in terms of sales volume, some European countries still lead the way in terms of adoption (looking at the share of BEVs…
by Anna Fleck, Prices have increased again for subscription services to streaming platforms in 2024 and 2025. Disney+ is the latest to raise its costs, increasing from $15.99 per month to $18.99 per month as of October 21, 2025. This places it on the upper end of monthly pricing, alongside Hulu, which raised its monthly prices from $17.99 to $18.99 in October 2024. Both Disney+ and Hulu saw their churn rates double in September, from four to eight percent and five to ten percent, respectively. While the announcements of increased prices set for October could have contributed to higher rates of subscription cancellations…
Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology, today applauded the successful resumption of Pakistan International Airlines direct flights to Western markets, calling it a strategic milestone for national trade and a critical prelude to the airline’s privatization. Mr. Hussain emphasized that the restoration of PIA flights to France in January 2025 and now to the UK—culminating in the inaugural Islamabad-Manchester flight on October 25, 2025—validates the rigorous compliance efforts undertaken by the government. This success follows the…
Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology, today commended the recent interview of Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb Khan. He appreciated the Finance Minister’s clear economic roadmap, highlighting the importance of private sector growth and ongoing structural reforms, which align with the goals of the Pakistani business community. “The Finance Minister’s assertion that the private sector is the engine of the economy, with the government’s role being to provide a supportive ecosystem, is…
Key stakeholders and government officials in Karachi receive special tour of retrofitted aircraft with Premium Economy cabins Forty years ago, Emirates, the world’s largest international airline, launched its first flight, EK600, on the route to Karachi. To commemorate the milestone Emirates today showcased its retrofitted B777, featuring Premium Economy cabins, at Jinnah International Airport. The special preview, held on the eve of the airline’s 40th anniversary, provided VIPs and stakeholders from the aviation and travel industry, and members of the media a walkthrough tour of Emirates’ reconfigured and refreshed four-class aircraft, sporting its latest features. The special flight featuring Premium…
HBL Zarai Services Limited has officially launched its services in Sindh, marking a major step in its mission to empower farmers across Pakistan. The launch ceremony was held in Dad Leghari, Mirpur Mathelo, and was attended by a large gathering of nearly 500 members of the farming community. The event was graced by Amer Aziz, CEO – HBL Zarai Services Limited, and Engineer Sardar Abdul Bari Khan Pitafi, a renowned community leader, a respected figure & leading integrated agri-livestock specialist in the region, along with other local notables and farmer representatives from surrounding areas. During the ceremony, Amer Aziz highlighted…
Set across Asia and Europe along the Bosphorus Strait, İstanbul continues to charm travellers with its historic landmarks, vibrant culture, and dynamic culinary scene. The city welcomed 13.5 million visitors in the first nine months of 2025 and was recently ranked among Europe’s top five city breaks by consumer champion Which?, while Condé Nast Traveller readers also named it one of the best family-friendly destinations. As autumn arrives, İstanbul’s timeless appeal makes it an ideal getaway for those seeking both cultural discovery and modern comfort. With its rich heritage shaped by empires over millennia, İstanbul seamlessly blends history with contemporary…
In a significant stride toward modernizing Pakistan’s agriculture, Syngenta Pakistan brought together the Government of Punjab delegation and the Syngenta Group China leadership during an official visit to Beijing. The meeting, led by Mr. Fu Su (President, Syngenta Group China) and Mr. Syed Ashiq Hussain Kirmani (Minister of Agriculture, Punjab), explored new avenues to strengthen agri-tech cooperation, climate-resilient farming, and export potential. Discussions centered on strengthening collaboration in areas such as food security, climate-resilient farming, and the adoption of advanced agri-tech innovations. The dialogue also emphasized the importance of joint efforts to enhance crop productivity, promote sustainable practices, and address…
Global Leaders Chart the Future of Risk Sharing and Sustainable Finance The 7th Global Takaful and Re-Takaful Forum 2025, organized by AlHuda CIBE FZ LLE – UAE, concluded successfully at the Dusit Thani Hotel, Dubai, bringing together leading voices from more than 20 countries to explore the evolution, opportunities, and future roadmap of the global Takaful and Re-Takaful industry. The event opened with the recitation from the Holy Quran by Maaz Chaudhry Shah Kotia, followed by a warm welcome from Mr. Muhammad Zubair, CEO of AlHuda CIBE – UAE. In his address, Mr. Zubair highlighted that “Takaful is more than…