Pakistani Tech Firms Shine at GITEX Dubai: A Major Leap for the Country’s IT Industry The recent Gulf Information Technology Exhibition (GITEX) in Dubai marked a momentous occasion for Pakistan’s burgeoning tech industry. As one of the largest tech expos globally, featuring over 6,000 companies from across the world, GITEX provided an unparalleled platform for […]
On October 10, 2024, a significant event unfolded at the Pakistan Stock Exchange (PSX) as a gong ceremony was held to celebrate the listing of Burj Clean Energy Modaraba (Burj Modaraba). This moment marks a pivotal milestone in Pakistan’s capital markets and a promising shift toward sustainable energy investments. As the country’s first green energy […]
In a significant move for Pakistan’s energy landscape, the Competition Commission of Pakistan (CCP) has approved the joint acquisition of Uch Power (Private) Limited and Uch-II Power (Private) Limited by Sapphire Fibres Limited and Mindbridge (Private) Limited. This transaction marks a strategic shift for both companies, indicating their commitment to diversifying their operations and investing […]
The ongoing trade tensions between the European Union (EU) and China have taken a new turn with the EU’s recent imposition of hefty tariffs on Chinese electric vehicles (EVs). This development reflects not only the EU’s commitment to protecting its automotive industry but also highlights the complexities of international trade dynamics. As the battle for […]
Worker remittances are often described as lifelines for many economies, particularly in developing nations. In Pakistan, this financial inflow has become increasingly significant, especially in recent months. With over $8 billion received in just the first quarter of FY25, remittances are proving to be more than just a source of income—they’re a vital pillar supporting […]
Inflation remains a pressing concern for economies worldwide, and Pakistan is no exception. The structural theory of inflation suggests that inflation can stem from fundamental weaknesses in a country’s production capacity, leading to persistent imbalances between supply and demand. In recent months, the country has seen a notable decline in inflation rates, raising questions about […]
In recent months, Pakistani policymakers have expressed a newfound sense of confidence in the nation’s economic trajectory. Optimistic updates on inflation, policy rates, currency stability, foreign exchange reserves, and a positive nod from the International Monetary Fund (IMF) suggest that stability is on the horizon. However, the sentiment among the public tells a different story. […]
In Syed Nagar, a small town near Alipur Chatta in the Gujranwala district of Punjab, families find themselves suffocating in a toxic environment. Persistent foul odors and low visibility have become part of everyday life, as polluted air makes survival even harder for these residents. The town’s air quality, though yet to be properly evaluated, […]
A few years ago, Pakistan’s retail sector witnessed the dawn of what seemed like a quiet revolution. As the country’s tech industry began to attract large amounts of venture capital from global investors, one sector stood out: the vast, fragmented retail space. This market, sprawling with potential but riddled with inefficiencies, became the prime target […]
In a significant move aimed at deepening economic and trade relations, Pakistan and Saudi Arabia have signed several memorandums of understanding (MoUs) that secure over $2 billion in bilateral investment. The agreements cover a wide array of sectors including agriculture, semiconductors, energy, and digitalization, marking a new chapter in the strong relationship between the two […]
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