Web Desk KARACHI: Pakistan Telecommunication Company Limited (PTCL) notes recent media reports regarding a potential change in the investment position of e& (formerly Etisalat) in Pakistan. The company would like to reject the baseless and speculative reports and is not aware of the sources referenced in these reports. As a publicly listed entity, PTCL emphasizes the importance of accurate and …

By Rafiq Vayani MILAN, Italy: Tara Uzra Dawood, president of the Dawood Global Foundation and founder of LADIESFUND, recently visited Milan to engage with Pakistan’s diplomatic leadership and diaspora community as part of efforts to expand support for women entrepreneurs abroad. During her visit, she met Consul General Murad Baseer to discuss ways to connect with Pakistani women in Milan …

By Rafiq Vayani KARACHI: Mr. Hamid Zahur, Chairman PTA – Central, and Dr. Danish Aman, Chairman PTA (S.Z), hosted a Hi-Tea in honor of H.E. Mr. Alisher Tukhtaev, Ambassador of Uzbekistan to Pakistan, and H.E. Mr. Normat Tulkunovich, Governor of Navoiy Region, Uzbekistan on Thursday, 30 April, 2026 at the PTA (S.Z) Office. The meeting primarily focused on enhancing bilateral …

By Rafiq Vayani DUBAI: UAE based fintech company VaultsPay has entered into a strategic collaboration with Mastercard. The two organizations formalized their agreement marking a milestone intended to enhance digital payment capabilities and support financial inclusion across the UAE. Through this collaboration, VaultsPay will leverage Mastercard’s global network and technology to issue virtual and physical payment cards, further expanding its comprehensive portfolio …

ISLAMABAD: Ericsson has underscored the transformative role of advanced connectivity, artificial intelligence (AI), and 5G in accelerating Pakistan’s digital economy at the inaugural EU–Pakistan Business Forum 2026. The two-day forum, held in Islamabad, brought together senior government officials, global technology leaders, investors, and industry stakeholders to explore avenues for investment, innovation, and deeper economic cooperation between Pakistan and the European …

News Desk MUSCAT: SalamAir, Oman’s Low-Cost Carrier, has announced the opening of sales for its newest route to Kigali, Rwanda, further expanding its growing presence across the African market. Flights are set to commence on 21st July 2026, subject to regulatory approvals, with the airline operating two weekly flights between Muscat and Kigali on Tuesday and Thursday, offering passengers convenient and affordable travel options. One-way Lite fares on the …

News Desk KARACHI: Mehmood Arshad has been appointed as the Chairman of the Economic Council by the Employers’ Federation of Pakistan (EFP). This decision was made by the Board of Directors during their recent meeting, which was held by the newly elected Board. Mr. Arshad is already a member of the EFP Board and has a wide range of experience …

By Rafiq Vayani KARACHI: Mr. Zahid Hameed, Senior Vice President, Korangi Association of Trade and Industry (KATI) attended an interaction with Brigadier Salman Khalique Qureshi, Deputy Director General, Airport Security Force, along with Mr. Hamid Zahur, Chairman PTA, Central and Dr. Danish Aman, Chairman PTA, Southern Zone) as well as other distinguished members of the business community. The meeting proved …

By Rafiq Vayani KARACHI: The Uzbekistan & C.I.S. Trade Center (UCTC) hosted a distinguished dinner reception in honour of H.E. Mr. Zoir Toirovich Mirzaev, Governor of the Navoiy Region, who is currently leading a high-level delegation on an official visit to Karachi. The reception was organized by Mr. Sohail Moten, Chairman of UCTC, on April 30, 2026, at the House …

KARACHI: On behalf of the Arif Habib Consortium, Arif Habib Corporation Limited (AHCL)is pleased to announce that a Special Purpose Vehicle, namely PIA Equity Limited (PIAEL), has added Fauji Fertilizer Company Limited (FFCL) as one of its shareholders. PIA Equity Limited shall own 100 percent of Pakistan International Airlines. PIA Equity Limited’s shareholding now comprises Arif Habib Corporation Limited, Fatima …