Pakistan Cables Limited has been honored with the Diamond Award at the 3rd Employers’ Federation of Pakistan Skills Development Employers’ Recognition Awards 2025, in recognition of the company’s leadership in On-the-Job Training and Industry–Academia Linkages. The award was presented by Mr. Sanjeewa Pattiwila, Consul General of Sri Lanka, and received on behalf of Pakistan Cables by Mr. Imran Ghani Mirza, General Manager Industrial Relations. This honor specifically recognizes Pakistan Cables’ structured approach towards employability through three flagship initiatives: ASCEND—the Company’s women-in-STEM program that provides internships and industry exposure for female engineering students; the Management Trainee (MTO) Program—a pipeline that develops…
Author: PAGE
Indus Motor Company (IMC), as part of its unwavering commitment to community welfare and sustainable development, has launched extensive flood relief operations in Swat and Buner—two of the most severely affected districts in Khyber Pakhtunkhwa (KPK)—in response to the devastating monsoon floods that have claimed over 500 lives and displaced more than half a million people across the province. In collaboration with local authorities and humanitarian partners, IMC’s relief teams swiftly mobilized to deliver critical aid to affected families. The company’s flood relief package included tents, tarpaulins, blankets, ration hampers, drinking water, cooked food, mosquito nets, and free medical camps…
ChildLife Foundation’s Telemedicine services have been awarded as the Most Impactful Telemedicine Project in the Digital Health & Innovation category at the 1st National Health Awards, presented during the 22nd Health Asia International Exhibition & Conferences. The award recognizes ChildLife’s telemedicine network for significantly expanding access to pediatric emergency care in underserved areas of Pakistan. Federal Minister for National Health Services, Regulation & Coordination, Mr. Syed Mustafa Kamal, was the Chief Guest of the event. The ceremony was organized in collaboration with Federal Ministry of National Health Services and supported by the Special Investment Facilitation Council (SIFC). ChildLife Foundation’s Telemedicine…
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Board of Directors of RUA AlHaram AlMakki Company, announces the launch of King Salman Gate, a transformative multi-use development in the Holy City of Makkah. Spanning up to 12 million sqm Gross Floor Area adjacent to AlMasjid AlHaram, the project marks a major milestone in the development of Makkah and its central area, establishing it as a global benchmark in modern city planning. King Salman Gate’s urban development and infrastructure transformation will contribute to enhancing access to AlMasjid AlHaram, elevating service…
Unified GCC Visa to alter how UAE residents travel and insure trips Travel across the Gulf is about to get much simpler — and it’s not just good news for tourists. The upcoming Unified GCC Visa, which will let residents and visitors move freely across Gulf countries, is set to change how UAE residents travel and insure their trips. For the region’s travel insurance sector, this could be transformative. With borders becoming more fluid, travellers’ expectations are shifting — and insurers are already preparing for new patterns in demand. Industry experts have widely deemed how the Unified GCC Visa would…
Daira Marks First Anniversary with Renewed Commitment to Financial Inclusion in Pakistan: Mobile-first digital nano-lending platform, Daira marked its first anniversary of operations in Pakistan with a renewed commitment to advancing financial inclusion and access to finance for the country’s unbanked and underbanked populations. Daira was launched by Pakistan fintech company Finleap, a part of global financial technology leader FinVolution Group (NYSE: FINV) that connects millions of consumers and micro- and small-sized enterprises with over 130 financial institutions worldwide. The platform benefits from global best practices and financial models to enable Pakistan’s financially excluded segments. South Korea Turns Trading Into…
PTCL and Mercantile join forces to drive Pakistan’s Digital Transformation Pakistan’s largest telecommunications and integrated ICT services provider, PTCL Group (PTCL & Ufone 4G), has signed a strategic partnership with Apple’s authorised distributor and service provider in Pakistan, Mercantile, to offer Apple’s complete product range to its enterprise customers nationwide. The partnership was signed by Asif Ahmad, Group Chief Business Solutions Officer, PTCL & Ufone 4G, and Nauman Durrani, CEO Pakistan, SVP Sage – Mercantile on the sidelines of GITEX Global 2025 in Dubai. President & Group CEO Hatem Bamatraf was also present at the signing, along with senior management…
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 10.88 11.38 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 10.90 11.40 1 – Year 10.90 11.40 Last Updated on 20th Oct 2025 Source: SBP
In recent years, Pakistan has witnessed a remarkable transformation in its entrepreneurial landscape. Once dominated by traditional family-owned businesses, the country is now home to a vibrant startup ecosystem driven by young innovators, digital disruptors, and bold investors. From fintech and e-commerce to health tech and agritech, Pakistani startups are redefining the nation’s economic potential and making their mark on the global stage. A Digital Revolution in Motion The rapid rise of digital connectivity has been the backbone of Pakistan’s startup boom. With over 190 million mobile subscribers and nearly 130 million internet users, Pakistan is among the fastest-growing digital…
The Pakistan Stock Exchange (PSX) continues to serve as a vital barometer of the country’s economic health, reflecting both the challenges and resilience of Pakistan’s financial landscape. Despite macroeconomic headwinds, the PSX has demonstrated remarkable recovery and investor confidence, driven by improving economic indicators, policy stability, and renewed foreign interest. Market Overview and Recent Performance In recent months, the PSX has maintained an upward trajectory, with the benchmark KSE-100 index touching record levels amid improved sentiment in the business and investment community. The rally has been largely fueled by positive developments on the economic front, including a stable Pakistani rupee,…
In today’s interconnected world, a passport is more than just a travel document—it’s a symbol of global mobility, opportunity, and influence. The power of a passport is measured by the number of countries its holders can enter without needing a prior visa. Each year, global rankings reveal which nations offer their citizens the greatest freedom to travel. Defining Passport Power The *Henley Passport Index* and *Arton Capital Passport Index* are the two most recognized global rankings that evaluate passports based on visa-free and visa-on-arrival access. A higher score reflects greater diplomatic strength, international trust, and global partnerships. Top-Ranked Passports in…
Climate change has emerged as one of the most pressing challenges of the 21st century. It is reshaping ecosystems, economies, and human lives across the globe. Rising temperatures, extreme weather events, and melting ice caps are not distant possibilities anymore — they are happening now. For developing nations like Pakistan, the effects are especially severe, turning a global environmental crisis into a national emergency. A Warming World: The Global Climate Shift Over the past century, Earth’s average surface temperature has increased by approximately 1.2°C, primarily due to human-induced greenhouse gas emissions. Industrialization, deforestation, and excessive use of fossil fuels have…
Bitcoin, the world’s first decentralized cryptocurrency, has evolved from a niche technological experiment into a trillion-dollar asset reshaping global finance. Born in 2009 under the pseudonym Satoshi Nakamoto, Bitcoin introduced a revolutionary idea — a peer-to-peer electronic cash system that eliminates the need for banks or central authorities. Over the years, it has transcended its role as a currency to become a store of value, an investment asset, and even a hedge against inflation. The Evolution of Bitcoin Bitcoin’s journey has been nothing short of remarkable. Initially traded for less than a cent, it captured global attention when its price…
Maqbool Ahmed’s life was marked by hardship from an early age. Orphaned at just 12, he carried the responsibility of raising his siblings apart from his own struggles. Amidst the loss of his parents and sunk in poverty, another tragedy unfolded: severe eye allergies that led to blurred vision and eventually corneal opacity in both eyes. As his sight deteriorated, so did the compassion of those around him. In Pakistan, where visual impairment often leads to social exclusion, Maqbool was labelled as “Aandha” by neighbors, friends and even his relatives. At work he was ridiculed, and made to feel like…
Economy: GCC thrives on the dual engine The Gulf Cooperation Council (GCC) entered 2025 with a clearer dynamic known as the “non-oil economy driving growth alongside hydrocarbon production dual engine”: non-oil growth ensuring the majority of progress, while hydrocarbons remained limited by previously decided OPEC+ quotas. This pattern is particularly visible in the United Arab Emirates where, in the first quarter, the overall GDP grew by 3.9 percent year-on-year, with a 5.3 percent increase in the non-oil sector, which now represents 77 percent of the economy. Saudi Arabia and Qatar also showed strong non-oil momentum. In the second half, the…
Pak-Saudi trade corridor recently proposed With Pakistan and Saudi Arabia recently sealing a historic defence pact, policymakers and business leaders are increasingly calling for the two nations to expand cooperation into structured economic frameworks that could reshape regional connectivity. They believe that a Pak-Saudi Economic Corridor (PSEC), modelled on the China-Pakistan Economic Corridor, could be the natural next step to convert the momentum of the new security alliance into long-term economic dividends. Pakistan: Central Government Debt (In Billion Rupees) (P) Debt Instruments As on end Period Jul-24 Jun-25 Jul-25 A. Central Government Domestic Debt (a+b+c) 47,716 54,471 54,988 a. Long…
Yango Group Showcases Its SuperApp at Pakistan Largest Tech Conference ITCN Asia 2025: Yango Group, global tech company, marked a major milestone at ITCN Asia 2025, Pakistan’s largest technology conference, by unveiling its SuperApp and offering visitors a live demonstration of its evolving digital ecosystem. Having set up a physical booth at the VIP lounge, Yango’s SuperApp brought together Ride, Delivery, Shops, Tech, Ads and a suite of B2B activities under one umbrella, redefining how people interact with mobility in the digital ecosystem of Pakistan. The exhibition at ITCN Asia allowed visitors to experience firsthand the convenience, speed, and breadth…
Mobilink Bank, TPL Life collaborate to provide critical healthcare at flood affected areas Pakistan’s leading digital microfinance bank, Mobilink Bank, has collaborated with TPL Life, a digital insurance provider, to extend much-needed healthcare support to flood-affected communities across Punjab. The partnering institutions set up medical camps across Pakpattan, Sialkot, and Minchinabad (Bahawalnagar) to deliver essential healthcare to people who had lost access to medical facilities – either destroyed or rendered inaccessible by the recent floods. The initiative reflects the institutions’ shared commitment to corporate social responsibility and timely humanitarian intervention. The day long camps offered comprehensive medical services completely free…
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 10.91 11.41 2 – Week 10.91 11.41 1 – Month 10.89 11.39 3 – Month 10.91 11.16 6 – Month 10.92 11.17 9 – Month 10.85 11.35 1 – Year 10.85 11.35 Last Updated on 06th Oct 2025 Source: SBP
Bridges are more than just pathways; they are symbols of human innovation, determination, and architectural brilliance. From spanning vast rivers and valleys to connecting distant lands, the highest and longest bridges in the world stand as testaments to engineering excellence. These structures not only solve logistical challenges but also showcase the artistic and scientific progress of modern civilization. The Highest Bridges in the World High bridges are typically built in mountainous or deep valley regions, where engineers must overcome steep landscapes. The height of a bridge is measured from its deck (the road surface) to the ground or water beneath.…
Skyscrapers have become more than just tall buildings — they are symbols of progress, economic strength, and architectural innovation. From New York’s early high-rises to today’s futuristic towers in Asia and the Middle East, these vertical marvels continue to reshape skylines and redefine urban living. The Rise of Skyscrapers The concept of skyscrapers emerged in the late 19th century with the advancement of steel-frame construction and elevators. Chicago is often credited as the birthplace of the skyscraper, with the Home Insurance Building (1885) being the world’s first tall steel-frame structure. Soon after, New York City took the lead, with iconic…
by Anna Fleck, The OECD has raised its global growth forecast for 2025, now predicting GDP to expand by 3.2 percent, up by 0.3 percentage points from its June estimate. According to the OECD Economic Outlook interim report released on Tuesday, the economy “proved more resilient than anticipated” in the first half of 2025. Key drivers of this stronger-than-anticipated performance include front-loading of goods production and trade ahead of the introduction of higher U.S. tariff rates, strong investment in high-tech sectors and increased government spending in China. However, global GDP growth is still expected to moderate to 2.9 percent in 2026, as the full impact of higher…
by Anna Fleck, According to estimates by Statista Market Insights, the global travel and tourism industry surpassed pre-coronavirus levels in 2023 and will continue to grow until 2025. Hotels will remain the biggest segment and are forecast to see a revenue of approximately $455 billion worldwide this year. Where cruises slowed to a near standstill during the COVID-19 pandemic, with a low of $3.1 billion in revenue in 2021, the segment is expected to surpass $45 billion in 2025. Meanwhile, the package holiday market is also growing rapidly, with an expected revenue of €330 billion in 2025. As the following chart shows, the travel and…
by Felix Richter, Over the past two decades, domestic robots like robot vacuums and lawn-mowing robots have evolved from gimmicks for tech lovers to actual mass-market products. Today, these automated little helpers are capable of performing household chores as good as, if not better than humans, freeing up valuable time for their owners to focus on more important things such as (paid) work, family or leisure activities. With advancements in technology, domestic robots have not only become smarter and more efficient, but also become a lot more affordable, with decent vacuum robots now available for just a couple hundred dollars. As…
by Katharina Buchholz, The World Intellectual Property Organization (WIPO) has released its 2025 Global Innovation Index. It evaluated innovation levels across 132 economies focusing on a long list of criteria such as human capital, institutions, technology and creative output as well as market and business sophistication, among others. Switzerland topped the rankings once more this year with a score of 66 out of 100, the 15th time it has been named the world leader in innovation. The United States comes third while Sweden is in second rank. China is now the world’s 10th most innovative nation, up from rank 11 in 2024, 14 in 2020…
by Anna Fleck, Data from UNESCO shows the number of Chinese students studying in the United States has dropped in recent years, with some students pivoting towards countries in Southeast Asia. At the same time, the number of Chinese students going to study in Russia has also grown. To an extent this data mirrors larger geopolitical shifts, such as cooling relations between Beijing and Washington, as well as warming ones between Russia and China. In terms of the latter, the trend of increasing international student mobility has continued into the academic year 2024/25, with 56,000 Chinese students enrolled at Russian universities and over 21,000…
by Katharina Buchholz, Numbers calculated by financial advisory Lazard as of June 2025 estimate price ranges for the generation of one MWh of energy by different sources. While the data shows that it is always cheapest to produce electricity from fully depreciated facilities, renewable energy can nevertheless compete in today’s market when it comes to prices even when disregarding federal subsidies. Gas, nuclear and coal energy generation cost between $30 and $75 per MWh from fully depreciated plants, but including the price of building facilities, this was more in the range of around $50 to $110 for combined-cycle gas, $70 to $170 for coal and $140…
by Anna Fleck, Teachers’ salaries vary significantly around the world. New data published in the OECD Education at a Glance report shows that salaries in Germany, Luxembourg and the Netherlands are at the higher end of the spectrum, with primary school teachers in public institutions earning on average over $90,000 per year. Poland is among the countries found towards the other end of the spectrum, with teachers earning around $55,407 per year. These calculations are based on the average actual salaries of 25 to 64 year old teachers in public schools and were converted to U.S. dollars using purchasing power parities for private…
Gold has always been more than just a glittering metal. For centuries, it has represented wealth, power, and security across civilizations. From being used as currency in ancient trade routes to serving as the backbone of modern financial reserves, gold continues to shine as one of the most influential and valuable commodities in the world. Historical Significance of Gold The history of gold is as old as human civilization itself. Ancient Egyptians revered it as the “metal of the gods,” while empires such as the Romans and Persians used it for coinage, jewelry, and trade. In South Asia, gold has…
Reko Diq, located in the Chagai district of Balochistan, is one of the world’s largest undeveloped reserves of copper and gold. Often described as a “treasure beneath the desert,” this mineral-rich deposit has the potential to reshape Pakistan’s economic future and strengthen its position in the global mining industry. Strategic Importance of Reko Diq Reko Diq lies in Pakistan’s resource-rich Balochistan province, bordering Afghanistan and Iran. The site covers an area of nearly 13,000 square kilometers and is believed to contain over 12 million tons of copper and 20 million ounces of gold. Such vast reserves make Reko Diq a…
Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, hosted a dinner in Islamabad in the honor of Board of Directors of Pak-Arab Refinery Limited (PARCO). The gathering reflected the government’s commitment to fostering collaboration with the energy sector and advancing Pakistan’s refining and petroleum industry. The event, held to welcome the foreign board members from Mubadla Energy, was attended by a gathering of high-profile dignitaries, including Federal Ministers, Members of Parliament, senior officials from the Petroleum Division, and other distinguished guests from the energy sector. Federal Minister Ali Pervaiz reiterated the government’s resolve to address challenges facing the petroleum sector,…
Google today announced the rollout of its Google AI Plus plan in Pakistan, its newest plan designed to empower people to do more with Google AI. This new plan opens up more access to powerful AI tools to help people level up their productivity and creativity – all at an accessible price. With the Google AI Plus plan, users in Pakistan can enjoy: Higher limits for image generation and editing (Nano Banana) in the Gemini app More access to Gemini 2.5 Pro, Google’s most capable AI model for complex queries Access to Veo 3 Fast, Google’s video generation model, in…
Wafi Energy, a Shell licensee in Pakistan, inaugurated the country’s second retail station constructed using recycled plastic, marking another milestone in its commitment to drive sustainable solutions in the country’s energy and retail sector. The new retail site, situated in Police Lines Rawalpindi, has been built using 7,700 kilograms of plastic waste, equivalent to more than 5.8 million pieces of end-of-life plastics, infused into construction materials. The first such retail station was launched in Karachi in collaboration with Wafi Tameer alumni startup, Concept Loop, using 6,500 kilograms of plastic waste, around 1.3 million pieces, to create durable pavers and concrete…
KPMG: trade strategies, regional coordination key to GCC’s economic resilience Gulf Cooperation Council nations should adopt trade policies aligned with their industrial development goals to reduce external vulnerabilities and strengthen their influence in global commerce, according to a new analysis. In its latest report, professional services firm KPMG said identifying supply chain risks, diversifying sources of critical inputs, and supporting outbound investment in upstream production are essential for regional economies to navigate an increasingly complex and fragmented global landscape. The report noted that GCC member states need to act with unity, integration, and ambition over the next few years by…
Reko Diq project cost increased to $7.7bn Pakistan on Thursday revised upward the cost of the first phase of the Reko Diq copper and gold mines project for the second time in six months. The cost has now jumped 79 percent to $7.7 billion from the initial estimate due to higher cost of loans being taken for the project and to offset any future price shocks. The Economic Coordination Committee (ECC) of the Cabinet approved the second revision in the total cost of the first phase of the project. Finance Minister Muhammad Aurangzeb chaired the meeting. The ECC also cleared…
Australia to Ban Under-16 Social Media Accounts by December: The Australian government has issued detailed guidance for technology companies ahead of a new law set to ban social media accounts for users under the age of 16. The law will take effect on December 10, and platforms must take steps to comply with the new age restrictions or face penalties.The eSafety Commission released documentation, including a self-assessment tool, to help companies determine whether their services fall under the scope of the law. Platforms used primarily for education, health, professional networking, or online gaming may be exempt. The Grit, The Throw,…
Codebase Technologies wins best Islamic Finance solutions provider at GIFA 2025 Codebase Technologies, a global leader in digital banking and fintech innovation, has been awarded Best Islamic Finance Solutions Provider 2025 at the 15th Global Islamic Finance Awards (GIFA). The recognition marks another major milestone in Codebase Technologies’ journey of exponential growth, underscoring its role as one of the fastest-rising fintech enablers in Islamic finance and digital banking. Earlier this year, Codebase Technologies achieved a landmark milestone by launching one of the APAC’s first Islamic SaaS lending propositions. Delivered for a leading Malaysian financial institution, the project reflects the company’s ability to…
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 10.82 11.32 2 – Week 10.81 11.31 1 – Month 10.79 11.29 3 – Month 10.81 11.06 6 – Month 10.81 11.06 9 – Month 10.78 11.28 1 – Year 10.79 11.29 Last Updated on 22nd Sep 2025 Source: SBP
Dawlance, Pakistan’s leading home appliances brand and a subsidiary of Arcelik, welcomed the Australian High Commissioner to its female-led service center in Multan today. The service centre holds a historic significance as Pakistan’s first female-led franchise, successfully run by two inspiring entrepreneurs, Ms. Rimsha Yaqoob and Ms. Aliza Rukhsana. The initiative reflects Dawlance’s strong commitment to women empowerment and breaking barriers in technical and traditionally male-dominated fields. By placing women at the forefront of its service operations, Dawlance is setting a precedent for greater female participation in entrepreneurship and technical services across Pakistan. The franchise model not only empowers women…
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, called for a national consensus on economic policy in the wake of dual challenges facing Pakistan: the devastating 2025 monsoon floods and the imperative of maintaining fiscal discipline under the International Monetary Fund (IMF) program. “The catastrophic floods have inflicted an estimated $1.4 billion in direct damage, with the agricultural sector bearing the brunt of a devastating supply-side shock,” stated Hussain. “This disaster is not merely a humanitarian crisis; it…
The 3P Plas Print Pack Pakistan Exhibition 2025, the pioneer and biggest exhibition for the plastic, printing, and packaging industries, came to a successful close today at the Karachi Expo Centre. Organised by Fakt Exhibitions (Pvt.) Ltd., this year’s edition welcomed over 550 companies from more than 30 countries, who showcased modern machinery, sustainable packaging, and advanced printing technologies. The three-day event drew thousands of visitors, industry leaders, and entrepreneurs, resulting in new business leads, partnerships, and investment opportunities. The expo attracted strong interest from local manufacturers and exporters, with many companies signing MoU during the event. International delegations also…
Pakistan Cables, the premiere wires and cables manufacturer, today announced the successful completion of a significant 300 kW expansion of its existing on-grid solar power plant at its new factory located in Nooriabad, Sindh. This expansion brings the company’s total solar power capacity to an estimated 2.3MW. This strategic move reinforces Pakistan Cables’ unwavering commitment to renewable energy sources, particularly solar, aligning seamlessly with broader national efforts to mitigate energy shortages and reduce reliance on fossil fuels across its operations. The expanded solar capacity is estimated to reduce carbon emissions by 1,956 tons annually, equivalent to planting approximately 100,000…
As part of its ongoing support for NDMA’s flood-relief efforts, Wafi Energy Pakistan Limited provided 5,000 liters of diesel and motor gasoline to NDMA. This contribution follows an earlier 1,000-liter fuel donation provided to NDMA by Wafi Energy last month. His Excellency, Nawaf Bin Saeed Almalkiy, Ambassador, Embassy of Kingdom of Saudi Arabia, present at the occasion, stated that “It is heartening to see Wafi Energy, which reflects Saudi investment in Pakistan, being dedicated to serving the local communities in their hour of need.” Zubair Shaikh, CEO Wafi Energy said, “Wafi Energy remains committed to helping flood-affected communities and assist…
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 indicated that the current economic situation, underscores both the urgent hurdles stemming from the disaster and the impressive indicators of economic resilience. Pakistan is grappling with the intense economic repercussions of the recent floods while simultaneously observing positive signs of stability and growing investor confidence, noted Mian Zahid Hussain. The preliminary economic loss, estimated at $1.4 billion, or 0.33% of our GDP, starkly illustrates our susceptibility to the effects…
In 2025, the most competitive cities in the GCC As Gulf economies continue to diversify and attract global investment, understanding the true competitive advantage of their cities has never been more critical. Our latest Global Cities Index 2025 analysis of 1,000 cities around the world allows us to put major GCC cities in the context of global peers, revealing the dynamics behind their economic vitality, human capital, quality of life, and long-term sustainability. Using over 25 performance indicators, from GDP growth to life expectancy and corporate presence, we uncover what makes cities like Dubai, Riyadh, and Abu Dhabi stand out,…
Statement sought on subsidy for QR-based payments The government has sought a report from the State Bank of Pakistan (SBP) on the impact of subsidy allocated for the adoption of QR-based payments. During recent discussions held by the Economic Coordination Committee (ECC), the SBP apprised the forum that in a meeting of the Steering Committee on Cashless Economy, it was decided that Rs3.5 billion would be provided in annual subsidy to promote the large-scale adoption of Raast person-to-merchant (P2M) QR (quick response)-based payments. The Finance Division suggested that the central bank should prepare a comprehensive report including the impact of…
Yango Pakistan Colleagues Hit the Road as Part of Company’s ‘Go to the Fields’ Initiative: Yango Pakistan, part of the global technology company Yango Group, is setting a new standard for how businesses connect with their communities and improve services in the country. For the first time in Pakistan, Yango introduced its global “Go to the Fields” initiative, placing executives on the frontlines of urban mobility to better understand the experiences of partner drivers and passengers. The program began in Karachi and Islamabad, where senior leadership spent a full day riding with partners and observing operations firsthand. “Go to the…
BOP Launches Industry’s First Digital Business Loan Solution: “BOP SME Digital Finance” The Bank of Punjab (BOP), proudly announced the official launch of its state-of-the-art SME lending product, “BOP SME Digital Finance,” at a prominent event held in Karachi. The launch marks a significant milestone in Pakistan’s financial sector, reinforcing the bank’s commitment to nurture inclusive and digitalized financial solutions for small and medium enterprises (SMEs). The event was graced by Mr. Saleem Ullah, Deputy Governor of SBP, and Mr. Zafar Masud, President & CEO of BOP. Their presence underlines the significance of this pioneering initiative in transforming SME lending…
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 10.79 11.29 2 – Week 10.77 11.27 1 – Month 10.74 11.24 3 – Month 10.78 11.03 6 – Month 10.79 11.04 9 – Month 10.75 11.25 1 – Year 10.76 11.26 Last Updated on 8th Sep 2025 Source: SBP
by Felix Richter, Over the past two decades, online shopping has evolved from novelty to norm, with many Americans routinely ordering stuff online that they used to purchase in brick-and-mortar stores. These days, nearly everything can be bought online, with clothing, shoes and groceries the most popular categories,according to Statista Consumer Insights. Statista found that 93 percent of U.S. adults purchased something online in the past 12 months, with two online retailers their clear go-to Shopping destinations. Nearly three out of four U.S. consumers (73 percent) report making a purchase on Amazon in the past year, while more than half (51 percent)…
by Felix Richter, While inflation has long come down from its 2021/2022 highs, when it peaked at 9 percent, it is still slightly elevated at 2.7 percent. More importantly though, people are still struggling to cope with the lasting effects of the inflation crisis. According to a Statista Consumer Insights survey conducted in June and July 2025, 49 percent of U.S. adults said that the high cost of living was one of the biggest challenges they currently face – making it by far the most common answer. It is a common misconception that prices come down when inflation cools, when in reality a period of high…
by Anna Fleck, Natural disasters have led to $6.9 trillion in economic losses since 1980, according to estimates by the insurance company Munich Re Group. Only around a third of these losses are thought to have been insured, meaning that many of those affected will have had to pay for the damages themselves. Earthquakes and hurricanes tend to cause the most extreme damage in terms of economic costs. This is exemplified by the peak years seen on this chart, with Hurricane Katrina in 2005, the earthquake and tsunami that hit Japan in 2011 and the three major hurricanes that hit the U.S., Harvey, Maria…
by Katharina Buchholz, A recent Statista Consumer Insights survey shows that worry about crime is on the minds of many residents of Latin American countries as well as those in South Africa, Sweden and Italy. While South Africa and parts of Latin America are known for their high levels of violent crime, Sweden recently experienced a rise in this sector due to gang and organized crime issues which have rocked the previously tranquil nation. While Italy’s crime rate was rated as moderate by the State Department, its history (and ongoing reality) of organized crime might have swayed some opinions. Respondents from some of the…
by Katharina Buchholz, Within the last two weeks, analytics firm LSEG downgraded mean forward 12-month company earnings for several Asian countries in light of the Trump administration’s global tariffs coming back into effect. India, which together with Brazil is currently facing the highest U.S. import duties of 50 percent, was hit hardest. Earnings for Indian large and mid-sized companies are now expected to be 1.2 percent smaller than forecast two weeks ago – around the time the first round of so-called reciprocal tariffs went back into effect. Downgraded forecasts also affected Taiwan, Malaysia, Singapore and Thailand. While the tariff on goods from Singapore stands at 10 percent,…
by Anna Fleck, While Southeast Asia remains home to the largest areas of mangrove forests in the world at 49,500km2, or around one third of global mangrove cover, it has also seen the greatest destruction of these ecosystems. Between 2000 and 2020, Asia lost 4,208 km2 of the treecover, which equates to just over 60 percent of global losses in that timeframe. After Southeast Asia, the next biggest mangrove regions are in West and Central Africa, followed by the two regions of the Americas. Data from the State of the World’s Mangroves 2024 report shows that drivers of mangrove destruction vary considerably by…
by Anna Fleck, The United States the world’s biggest video games market in terms of revenue, expected to surpass $140 billion in 2025, according to projections by Statista Market Insights. This figure includes the creation, publishing, distribution and monetization of PC, mobile and online games as well as spending on related hardware and accessories. As the following chart shows, China follows close on the United States’ heels with a projected $137.8 billion in revenue in 2025. Both nations are expected to see significant growth over the next five years, with estimated industry turnovers of close to $200 billion per country. Rounding off…
A Nation Under Siege by Monsoon’s Wrath Since late June, sweeping monsoon rains have triggered catastrophic flooding across Pakistan’s provinces—Khyber Pakhtunkhwa, Punjab, Sindh, Balochistan, Gilgit-Baltistan, and AJK—creating what many are calling a multi-provincial national emergency. Fatalities & Displacement: The death toll has surpassed 800 nationwide, with Khyber Pakhtunkhwa bearing the brunt—accounting for over 400 lives lost. Over 2 million people have been affected, with hundreds of thousands evacuated. Punjab’s Flood Trenches: Rivers in Revolt Punjab stands at the epicenter of the crisis. Rivers such as the Chenab, Sutlej, Ravi, and Jhelum have surged beyond capacity due to relentless rainfall and…
Mental health has become one of the most pressing global health concerns of the 21st century. While medical science has made remarkable progress in treating physical illnesses, the silent crisis of psychological well-being continues to affect millions worldwide. From depression and anxiety to trauma and substance abuse, mental health challenges transcend borders, cultures, and economic status. The Global Mental Health Landscape According to the World Health Organization (WHO), nearly one in every eight people in the world lives with a mental health disorder. Depression is now a leading cause of disability, while suicide has become one of the top causes…
GCC non-oil sector adds $1.51tn to GDP The Gulf Cooperation Council’s gross domestic product at current prices reached $2.14 trillion in 2023, down 2.7 percent from $2.2 trillion in 2022. Despite this moderation, the non-oil sector showed strong resilience, contributing $1.51 trillion to the bloc’s GDP and underscoring the region’s ongoing diversification efforts. Gross national income, which reflects the total earnings of citizens and companies after taxes and transfers, stood at $1.99 trillion, down 3 percent from the previous year, according to the GCC Statistical Center, Oman News Agency reported citing the latest available data. Meanwhile, the oil sector contributed…
$131BN regional auto trade at risk Pakistan stands on the edge of a $131 billion regional automobile trade corridor, where even a 5 percent share could yield $6.5 billion in annual exports — 70 times higher than current levels. With its strategic geography and a vendor base already validated by leading Japanese, Korean and European automakers, Pakistan has the ingredients to become a significant player. Yet, a new report warns that abrupt tariff changes and the normalisation of used-car imports threaten to derail the progress made by the country’s auto-parts ecosystem. The report by the Pakistan Association of Automotive Parts…
Zong Extends Free Minutes and SMS to Support Flood-Affected Communities: Zong, Pakistan’s leading technology innovation company, has announced 30 free Zong on-net minutes and 30 free all-network SMS for subscribers in flood-affected regions. The complimentary minutes, valid for three days, will enable residents to stay connected with family, emergency responders, and relief agencies during this critical time.The initiative covers severely impacted districts including Bagh, Bajaur Agency, Buner, Kotli, Muzaffarabad, and Swat, where heavy rains and flash floods have disrupted lives, damaged homes, and hampered essential communication channels. NADRA App Lets the Dead Cancel Their Own ID — Complete with ‘Liveness…
Iron ore price rebounds Iron ore futures rebounded on Thursday as a mandated production cut ahead of a military parade in China seemed to be less severe and shorter than expected, allaying demand concerns. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.98 percent higher at 772.5 yuan ($107.63) a metric ton. The benchmark September iron ore on the Singapore Exchange rose 0.55 percent to $101.3 a ton by 0704 GMT. Both the benchmarks had fallen for six straight sessions through Wednesday, weighed by demand concerns as steelmakers in top Chinese production hub…
Wafi Energy launches Shell’s next generation of fuels in Pakistan Wafi Energy Pakistan, the exclusive licensee of Shell fuels and lubricants in the country, announced the launch of the new and improved Shell V-Power, marking a major milestone in premium fuel innovation for Pakistan’s motorists. With Shell’s century-long legacy of technical leadership, the enhanced Shell V-Power is a fuel designed with cutting-edge technology to deliver more power and better engine performance for our customers. This launch is a continuation of Shell’s 78-year legacy in Pakistan, a journey that began in 1947 as Burmah Shell. Over the decades, Shell has played…
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 10.85 11.35 2 – Week 10.84 11.34 1 – Month 10.79 11.29 3 – Month 10.80 11.05 6 – Month 10.80 11.05 9 – Month 10.75 11.25 1 – Year 10.78 11.28 Last Updated on 25th Aug 2025 Source: SBP
Featuring industry-leading protection with a 6.6kW inverter, 16kWh lithium battery rated IP65, and a 5-year replacement warranty, these products are built for extreme humidity, dust, and environmental conditions. Water submersion resistance up to 50cm for 72 hours Advanced CCS technology and locally-made battery cells for superior reliability Built for humid, dusty, and harsh environments—perfect for Pakistan’s diverse climate. Support for residential, commercial, and industrial applications with scalable solutions Top-Selling IP54 Series Known nationwide for efficiency and durability, these inverters and low-voltage batteries come with a 3-year replacement warranty and rigorous quality checks. Robust Commercial & Industry (C&I) Solutions 30kW &…
Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, announced a strategic partnership with programmable financial services company Stripe. The collaboration marks an expansion of Payoneer’s Online Checkout offering for cross-border merchants looking to sell direct-to-consumer. The upgraded Payoneer Checkout capabilities, powered by Stripe’s best-in-class technology, will first launch in key Asia Pacific (APAC) markets, including Pakistan, Vietnam, South Korea, China, and Hong Kong. These enhanced features will empower Small and Medium-sized Businesses (SMBs) to accept a broader range of payment methods via their online webstores. Options will include Buy Now Pay Later (BNPL) services like…
In July trade deficit widens 44pc As Pakistan trade deficit widened 44 percent in July due to a sharp rise in imports, Planning Minister Ahsan Iqbal on Tuesday expressed hope that it would be a “temporary dip,” likely to be offset by an increase in exports driven by higher imports of raw materials. While launching the first monthly development report for the fiscal year 2025-26, the minister said the benefit of the lowest US tariffs on Pakistan in the region would depend on exporters’ ability to seize the opportunity by penetrating foreign markets. The 44 percent higher trade deficit in…
Corero Network Security Partners with Beyond Technology MEA to Expand DDoS Protection in Pakistan: Today, Corero Network Security (AIM: CNS) (OTCQX: DDOSF), the distributed denial of service (DDoS) protection specialists, announced a strategic partnership with Beyond Technology, a leading technology solutions provider in the Middle East and Asia.The partnership will make Corero’s high-performance, real-time DDoS mitigation solutions available to organizations across Pakistan, helping them strengthen cyber resiliency, safeguard critical infrastructure, and maintain business continuity in the face of growing threats. Govt Completes Draft of Pakistan’s First-Ever Space Regulatory Framework: The Pakistan Space Activities Regulatory Board (PSARB) has completed the initial draft…
DWP Group opens ‘Tameer-e-Mustaqbil’ to empower next generation of professionals DWP Group has officially launched its flagship paid internship program, Tameer-e-Mustaqbil. The program marks a significant step forward in DWP Group’s commitment to nurturing young talent and building a stronger employer brand within Pakistan’s corporate sector. Designed as a structured, three-month development journey, Tameer-e-Mustaqbil is tailored to offer high-potential graduates a robust platform for professional growth. The inaugural cohort comprises top-tier graduates selected from leading universities across the country. The program offers interns a comprehensive experience, including direct mentorship from industry leaders, cross-functional exposure, and participation in real-time projects that…
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 10.86 11.36 2 – Week 10.84 11.34 1 – Month 10.80 11.30 3 – Month 10.81 11.06 6 – Month 10.80 11.05 9 – Month 10.75 11.25 1 – Year 10.75 11.25 Last Updated on 18th Aug 2025 Source: SBP
In a significant step towards promoting alternative energy solutions Solar Pakistan Exhibition will take place from 15 to 17 August 2025 at Karachi Expo Centre. Organized by Fakt Exhibitions (Pvt) Ltd, the three-day exhibition aims to accelerate Pakistan’s transition to alternative energy by showcasing a wide range of solar technologies, innovations, and investment opportunities. With more than 250 companies from 10 countries set to participate, the event is being positioned as the largest gathering of solar industry stakeholders in the region. The event will also bring together a dynamic mix of industry experts, policymakers, investors, energy consultants, and technology providers,…
TCL, Pakistan’s No. 1 LED TV brand, is celebrating the nation’s Independence Day with an exciting up to 14% discount on selected models across Pakistan, available both online and at flagship stores. The special offer runs from August 11 to 27 on TCL’s official website, while flagship store customers can avail of the discount from August 11 to 16. This Independence Day, TCL invites customers to upgrade their home entertainment experience with its diverse lineup of premium TVs, ranging from 32 inches to a massive 98 inches. The collection includes UHD TVs, QLED TVs, and the state-of-the-art QD Mini LED…
Giving a new spirit to the Independence Day celebrations, Fatima Fertilizer has, for the first time, taken a unique approach by engaging the youth through its ‘Dil Se Sarsabz’ Milli Naghma singing competition. This nationwide contest aims to revive the patriotic spirit and empower young Pakistanis through music and digital creativity, making Independence Day celebrations more vibrant and inclusive than ever before. The campaign invites people across Pakistan to participate by recording a video of themselves singing any classic Milli Naghma and uploading it on TikTok using the hashtag #DilSeSarsabz. From the pool of submissions, 10 finalists will be shortlisted…
The China-Pakistan Economic Corridor (CPEC), launched in 2015 under China’s Belt and Road Initiative (BRI), is a landmark development program aimed at enhancing trade and economic cooperation between Pakistan, China, and the broader region. Stretching over 3,000 kilometers, it links Gwadar Port in Pakistan’s Balochistan province to Kashgar in China’s Xinjiang region. CPEC incorporates infrastructure upgrades, energy generation, industrial development, and technological collaboration to accelerate Pakistan’s economic growth. Strategic Importance of CPEC CPEC holds immense geopolitical and economic significance: For China: Offers a shorter and safer route to the Arabian Sea, bypassing traditional sea lanes. For Pakistan: Provides a transformative…
Introduction Plastic pollution has emerged as one of the most pressing environmental issues of our time. From oceans to rivers, and from urban landscapes to rural areas, plastic waste is everywhere. Due to its durability, low cost, and widespread use, plastic has become deeply embedded in our daily lives. However, the very properties that make plastic so useful also make it harmful to the environment when it is discarded improperly. The Scale of the Problem According to environmental studies, the world produces over 400 million tons of plastic every year, and nearly 8 million tons end up in oceans annually.…
Pakistan, a nation of over 240 million people, holds one of the largest youth populations in the world. According to recent statistics, more than 60% of Pakistan’s population is under the age of 30. This demographic advantage is a powerful asset for the country’s socio-economic development, technological innovation, and cultural progress — if guided and utilized effectively. The Role of Youth in Pakistan’s Development The youth of Pakistan are energetic, creative, and resilient. They have the potential to transform every sector of the nation, from education and technology to entrepreneurship and politics. Whether it’s young innovators developing mobile applications, entrepreneurs…
A tsunami is a powerful and destructive natural disaster caused by the sudden displacement of a large volume of water, usually in oceans or seas. The word “tsunami” originates from Japanese, meaning “harbor wave.” These massive waves can travel across entire ocean basins and cause catastrophic damage to coastal regions. Causes of Tsunami The primary causes of tsunamis include: Underwater Earthquakes – The most common cause, occurring when tectonic plates shift suddenly under the ocean floor. Volcanic Eruptions – Explosive eruptions near or under the sea can displace water and generate large waves. Landslides – Landslides into the ocean or…
Fisheries play a vital role in global food security, employment generation, and economic development. They contribute significantly to the supply of protein-rich food, livelihood opportunities for millions, and sustainable coastal economies. Globally, fisheries encompass marine fishing, inland fishing, and aquaculture, collectively supporting the livelihoods of more than 200 million people. Global Fisheries Overview The global fisheries industry produces millions of tons of seafood every year, making it one of the largest contributors to the world’s food supply. According to the Food and Agriculture Organization (FAO), the world’s total fish production (capture fisheries and aquaculture) exceeded 180 million tons in recent…
The textile industry of Pakistan stands as the country’s largest industrial sector, playing a vital role in economic growth, employment, and exports. With a long history rooted in agriculture and craftsmanship, Pakistan’s textile sector has evolved into a globally competitive industry. From raw cotton to finished apparel, it remains the backbone of Pakistan’s economy. Historical Background and Growth Pakistan’s textile roots trace back centuries, with handloom weaving and cotton cultivation being traditional occupations. After independence in 1947, the government prioritized industrialization, leading to the establishment of textile mills across the country. By the 1970s, Pakistan emerged as one of the…
NA Panel Demands Urgent Action Against Delays in 5G Launch: The meeting of the National Assembly’s Subcommittee on Information Technology was held under the convenership of Sher Ali Arbab. Members Umair Khan Niazi, Mahesh Kumar, and Zulfiqar Ali Bhatti attended the session. The committee was briefed on the ongoing issues related to Long Distance International (LDI) cases. Following the discussion, the committee directed authorities to present a detailed report in the upcoming session. The convener emphasized the need for comprehensive stakeholder input in the matter. KP Government Rolls Out Rs20 Billion Solar Plan to Power 130,000 Households: The Khyber Pakhtunkhwa…
Toyota Pakistan Leads Mangrove Plantation Drive in Collaboration with WWF-Pakistan In alignment with the Toyota Environmental Challenge 2050 and its commitment to the Sustainable Development Goals (SDGs), Indus Motor Company (IMC), in collaboration with WWF-Pakistan, conducted a mangrove plantation drive along the coastal belt of Karachi at the WWF Wetlands Centre. The initiative reflects IMC’s ongoing dedication to environmental preservation, echoing its long-term focus on climate action, ecosystem restoration, and community engagement. The activity featured an interactive learning session by WWF experts, emphasizing the critical role mangroves play in coastal protection, carbon sequestration, and biodiversity conservation. IMC employees volunteered in…
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 10.76 11.26 2 – Week 10.66 11.16 1 – Month 10.61 11.11 3 – Month 10.61 10.86 6 – Month 10.59 10.84 9 – Month 10.56 11.06 1 – Year 10.54 11.04 Last Updated on 28th July 2025 Source: SBP
Introduction Chikungunya is a viral disease transmitted primarily by Aedes aegypti and Aedes albopictus mosquitoes. First identified in Africa in the 1950s, Chikungunya has since spread to Asia, the Indian subcontinent, and the Americas. With no specific treatment or vaccine, understanding the symptoms and preventive strategies is key to controlling its spread. What is Chikungunya? Chikungunya is caused by the Chikungunya virus (CHIKV). The name comes from a Makonde word meaning “to become contorted,” referencing the severe joint pain suffered by those infected. While rarely fatal, it causes debilitating symptoms that can persist for weeks or even months. How Chikungunya…
Nestled in the northernmost part of Pakistan, Gilgit-Baltistan (GB) is a region of surreal beauty, cultural richness, and unmatched adventure. Known as the “roof of the world,” Gilgit-Baltistan is where the world’s three mightiest mountain ranges — the Himalayas, the Karakoram, and the Hindu Kush — converge. With its majestic peaks, serene valleys, glacial lakes, and hospitable communities, Gilgit-Baltistan has emerged as a must-visit destination for both local and international travelers. Geographical Significance Gilgit-Baltistan shares borders with China, Afghanistan, and India, making it strategically significant. The region is home to some of the highest peaks in the world, including K2…
Introduction Dengue fever, a mosquito-borne viral infection, has become a recurring public health challenge in Pakistan. Spread primarily by the Aedes aegypti mosquito, this disease has seen a surge in recent years due to urbanization, stagnant water, and changing weather patterns. Understanding Dengue—its symptoms, causes, and most importantly, prevention—is critical to reducing its impact. What is Dengue Fever? Dengue fever is caused by the Dengue virus (DENV), which has four different strains. It can range from a mild flu-like illness to severe dengue (Dengue Hemorrhagic Fever or Dengue Shock Syndrome), which can be life-threatening without prompt treatment. Causes of Dengue…
Introduction to Bitcoin Bitcoin, the pioneer of all cryptocurrencies, has revolutionized the global financial landscape since its inception in 2009 by the anonymous entity Satoshi Nakamoto. As a decentralized digital currency, Bitcoin operates without the control of any central authority or government, offering users a peer-to-peer network for secure and transparent transactions. How Bitcoin Works Bitcoin is powered by blockchain technology — a decentralized ledger that records all transactions across a network of computers. Each transaction is grouped in a block, verified by miners through a process called proof-of-work, and then added to the blockchain. Key components include: Wallets: Digital…
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board, and the President and former provincial minister, Mian Zahid Hussain, said on Monday that the Pakistan Air Force’s dual triumph at the Royal International Air Tattoo (RIAT) 2025 represents a multi-faceted strategic and economic victory for Pakistan. He said that the “Spirit of the Meet” award for the JF-17C Block III underscores Pakistan’s advanced indigenous defense capabilities and its ability to produce highly competitive 4.5-generation fighter jets at an affordable…
Malaria remains one of the most serious public health challenges in many parts of the world, particularly in tropical and subtropical regions. Despite significant advances in healthcare, malaria continues to affect millions of people every year. This article explores what malaria is, its causes, symptoms, prevention strategies, and the global fight to eliminate this deadly disease. What is Malaria? Malaria is a life-threatening disease caused by Plasmodium parasites, which are transmitted to humans through the bites of infected female Anopheles mosquitoes. According to the World Health Organization (WHO), nearly 250 million cases of malaria are reported annually, with over 600,000…
Environmental disasters have become one of the most pressing challenges of our time. Whether triggered by natural forces, human activities, or a combination of both, these disasters leave profound and lasting damage on ecosystems, economies, and communities worldwide. Understanding their nature, causes, and solutions is essential to building a safer and more sustainable future. What Are Environmental Disasters? Environmental disasters refer to catastrophic events that cause significant harm to the natural environment, biodiversity, and human life. They can take many forms, such as oil spills, industrial accidents, deforestation, nuclear leaks, wildfires, floods, droughts, and chemical contamination. Unlike purely natural disasters…
Sanaa Zulfikar Causer, Director External Relations at Hisaar Foundation, recently represented the organization and Pakistan at the United Nations Water Conference 2026 Preparatory Meeting held at the UN Headquarters in New York. Speaking on the floor of the UN, Causer delivered a formal statement — a rare opportunity for a non-governmental voice from Pakistan to help shape the global water agenda. In her address, she called for urgent and inclusive action around five core priorities: Community-led water justice Local, accessible financing for grassroots resilience Structurally embedding gender justice in water systems Climate resilience grounded in nature-based and local solutions Global…