The International Finance Corporation (IFC) has taken a major step in Pakistan by backing its first-ever investment in local currency, aimed at strengthening the country’s agriculture sector and improving food security. The move supports long-term rupee financing for Engro Fertilisers through Standard Chartered Bank Pakistan. Under the arrangement, IFC has provided a Partial Credit Guarantee […]

Millat Tractors Limited has announced a major step toward expanding its global reach after signing a new agreement with Massey Ferguson Corp. and AGCO Limited. The deal gives Millat Tractors official rights to export tractors to African markets directly under its own trademark, marking an important milestone for the company and the country’s industrial sector. […]

Pakistan’s citrus industry expects another difficult export season, with kinno exports forecast at only 400,000 to 450,000 tonnes for 2025–26. The expected volume remains far below the country’s export potential of nearly 800,000 tonnes. According to exporters, higher freight charges, border complications, and limited government support continue to hinder the industry’s progress. Sources say exports […]

Lucky Cement Limited has taken a major step toward participating in the privatisation of Pakistan International Airlines Corporation Limited (PIACL). The company announced that its board has approved joining the bidding process as part of a consortium, clearing the way for the submission of a financial offer later this month. In its notice to the […]

TikTok has introduced new advertising tools designed to support small and medium-sized businesses in Pakistan, marking a major step in strengthening the country’s digital economy. The platform says these solutions will allow entrepreneurs to run ads easily, manage campaigns, and reach bigger audiences without needing professional marketing experience. According to TikTok, the launch aligns with […]

Meezan Bank Limited, in partnership with Haball, has taken another major step in digital Islamic financing by extending its Wisaaq supply chain financing platform to Dawlance distributors across Pakistan. The newly introduced Murabaha-based facility gives distributors instant, Shariah-compliant financial access to purchase inventory, allowing them to run business operations more smoothly. Through this initiative, Dawlance […]

Fauji Foundation, one of Pakistan’s largest and most diversified business groups has taken a major step toward the digital economy by signing a Letter of Intent with Binance, the world’s leading cryptocurrency and blockchain exchange. The agreement signals growing interest from large local institutions in blockchain technology, digital payments, and the Web 3.0 ecosystem. The […]