Day: October 17, 2026

Karachi, October 16, 2026: National Bank of Pakistan (NBP) signed a Memorandum of Understanding (MoU) with PowerChina|Integrity Energy Storage (Shanghai) Technology Co. Ltd. (I²-ESS), China, at NBP Head Office (HO) on October 12, 2026. The MoU aims to establish a framework for collaboration in SME, commercial and corporate financing, lead generation, cross-selling of banking products and services and the exploration of future opportunities in green financing. The signing ceremony was attended by Mr. Imran Sarwar, President of National Bank of Pakistan, Ms. Naushaba Shahzad, Group Chief IDG , Mr. Usman…

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Pakistan is entering a new phase in developing its mineral economy as rising global demand for copper, gold, chromite, lithium, rare earth elements, and other critical minerals creates a strategic opportunity for the South Asian country to attract investment, develop new supply chains, and diversify its sources of foreign exchange. The opportunity is significant. Pakistan has extensive mineral-bearing areas and a geological position within the broader Tethyan Metallogenic Belt, one of the world’s important copper and gold regions. The country possesses 92 known minerals, of which 52 are commercially exploited.…

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Karachi– October 16, 2026: Pakistan Telecommunication Company Limited (PTCL) has earned two prestigious honors at the Dragons of Asia Awards 2026, with its social impact initiative, Dil Se Ba-Ikhtiar winning a Bronze Dragon in the Best in Digital category, while its Mother’s Day campaign received a Black Dragon in Marketing Discipline.The recognition reflects the company’s efforts to leverage communications and digital technology to advance meaningful social causes, and contribute to a more inclusive and empowered society. It also underscores PTCL’s broader ambition to create value beyond connectivity by supporting initiatives…

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KARACHI (October 16, 2026): President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and All Karachi Industrial Alliance, Chairman of the National Business Group Pakistan, Chairman of the FPCCI Policy Advisory Board, and former Provincial IT Minister, Mian Zahid Hussain, commenting on the Pakistan Bureau of Statistics’ September 2026 export report, welcomed the 11.13 percent increase in July–September exports to $8.445 billion. However, he cautioned that the improvement remained concentrated in a few sectors, while several important industries continued to record declining exports. The uneven recovery required the government’s sector-specific…

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