SECP Mandates Full Digitisation of Shares for Unlisted Companies to Boost Transparency
The Securities and Exchange Commission of Pakistan (SECP) has approved sweeping reforms to fully digitise share ownership of unlisted companies, requiring a shift from physical share certificates to electronic book-entry form through the Central Depository System (CDS). The CDS is…
AI Could Take Over Most Desk Jobs Within 18 Months, Microsoft AI Chief Warns
Artificial intelligence could automate the majority of professional desk jobs within the next 12 to 18 months, the head of AI at Microsoft has said, underscoring mounting concerns about rapid disruption across white-collar industries. Mustafa Suleyman, Chief Executive of Microsoft…
HEC Makes AI Education Mandatory for All Degree Programmes From Fall 2026
The Higher Education Commission (HEC) has directed all public and private universities across Pakistan to introduce a mandatory three-credit hour course on Artificial Intelligence (AI) in every undergraduate and postgraduate degree programme starting from the Fall 2026 academic session. In…
GlowBug Technologies Joins National CERT as Technology Innovation Partner Under Cyber Initiative
Pakistan’s National Cyber Emergency Response Team (National CERT) has formalised a strategic partnership with GlowBug Technologies (GBT) under the Cyber Innovation Ecosystem (CIE) initiative, in a move aimed at strengthening the country’s cyber resilience framework. The Memorandum of Understanding (MoU)…
Apple Plans iPhone Manufacturing in Pakistan, Says EDB Chief
Apple Inc. plans to begin refurbishing iPhones in Pakistan before moving toward local assembly under a proposed incentives framework aimed at transforming the country into a regional electronics hub, a senior government official said. Hamad Ali Mansoor, Chief Executive Officer…
FrieslandCampina Engro Pakistan Boosts Profitability Amid 18% Sales Tax Pressure
FrieslandCampina Engro Pakistan Limited (FCEPL) reported a 16 percent year-on-year increase in operating profit for the year ended December 31, 2025, supported by disciplined cost management and improved commercial execution, even as the dairy sector continues to grapple with the…
Auctions Spectrum in Dollars, Says PTA Chief; Hopes Over 50% Sale in Upcoming Auction
ISLAMABAD: Chairman of the Pakistan Telecommunication Authority (PTA) said on Wednesday that spectrum auctions are not conducted in U.S. dollars in any country, noting that Pakistan’s previous auctions were dollar-denominated — a move that created financial strain for telecom operators…