News

ADB upgrades growth outlook for Pakistan

Despite the disruption caused by mid-year floods, Pakistan's growth outlook for both fiscal year 2025 and 2026 has been upgraded by the Asian Development Bank (ADB), as indicated in its latest report released on Wednesday. The Asian Development Outlook (ADO) December 2025 noted that, despite the challenges posed by June floods, Pakistan's economy grew 5.7% in the fourth quarter of FY25. The rep

Only 41% experts get digital threat training

A recent survey by Kaspersky in the Middle East, Turkiye and Africa (META) region, titled "Cybersecurity in the workplace: Employee knowledge and behaviour", found that just 41% of professionals in Pakistan received training on digital threats. The knowledge gap is significant, particularly as the majority of cybersecurity breaches are attributed to human error. The findings underline the need

Pakistani auto parts gain interest in Dubai

With Pakistani manufacturers actively engaging at Automechanika Dubai 2025, experts stressed that the nation stands at a crucial crossroads: opportunity is expanding, but real progress will require structural reforms, improved export readiness and a coordinated, sector-wide strategy. Automechanika Dubai 2025, underway from December 9-11 at the Dubai World Trade Centre, is witnessing one of its

KAPCO resumes power generation as NEPRA clears tariff hurdles

Kot Addu Power Company Limited (KAPCO) has resumed supplying electricity to the national grid after more than two months, following a decision by the National Electric Power Regulatory Authority (NEPRA) to provisionally extend its tariff period, according to a press release. The plant had been offline since October 1 due to tariff limitations arising from the Indicative Generation Capacity Expa

Binance, JazzCash sign MoU for growth of virtual assets

Binance, the world’s leading global blockchain ecosystem and cryptocurrency exchange by trading volume and users, and JazzCash, Pakistan’s leading digital financial services platform and part of the VEON Group, have signed a Memorandum of Understanding (MoU) to explore potential collaboration aimed at supporting the responsible growth of virtual assets in the region. As Pakistan’s virtual asset