Pakistan and China to Explore Joint Venture in Baby Diaper Manufacturing
PCJCCI initiates B2B meeting between Chinese and Pakistani representatives to explore joint venture opportunities in baby diaper manufacturing.
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Startups
Solidigm seeks US$3.6B to US$7.2B pre-IPO funding
SK Hynix's US-based storage unit, Solidigm, is considering a pre-IPO funding round worth up to US$7.2 billion.
AMD Acquires Taalas for AI Chip Efficiency
AMD is acquiring a Canadian startup to boost its AI chip technology and compete in the fast-growing market.
World Bank allocates climate finance for Connected Punjab digital project
The World Bank has allocated USD 22.65 million of the Connected Punjab project’s total financing towards climate-related interventions.
MCB Bank Reports Strong Half-Year Performance, Declares Second Dividend
MCB Bank Limited reports strong financial performance and declares second interim cash dividend for 2026.
Unitree secures Meituan and Tencent for robotics IPO
Chinese robotics company Unitree is set to go public with support from major investors.
ByteDance founder rejects AI distillation
ByteDance founder Zhang Yiming has stated that the company will not use distillation to train its AI models, despite potential advantages over…
Higgsfield Launches AI Avatars for Upcoming Film ‘Cully Hill Boys’
Higgsfield signs deals for AI avatars of N3on, UFC stars Adesanya and Jackson in upcoming film ‘Cully Hill Boys’.
El Nino Threatens to Worsen Global Food Insecurity
A powerful El Nino could push an additional 49 million people into acute food insecurity, warns the World Food Programme.
HugoBank Approved to Launch with Rs. 1.5 Billion Capital
SECP grants HugoBank permission to launch with Rs. 1.5 billion capital, aiming to establish a digital retail bank.
CDA Receives Rs37 Billion as Lowest Bid for New Convention Center
The Capital Development Authority has received a Rs37 billion bid for the construction of a new convention center in Islamabad. Only two…
Pakistan Considers Self-Funding Karakoram Highway Project
Planning Minister Ahsan Iqbal discusses Pakistan's plans to involve local construction firms and self-fund a $1.8 billion CPEC project.
Anthropic secures US$10 billion chip deal with Volta Infra
Anthropic, developer of Claude AI, has signed a significant computing agreement with Volta Infra Holdings Ltd.
IHC suspends order for disclosure of cricketers’ salaries
The Islamabad High Court has suspended a Pakistan Information Commission order requiring the Pakistan Cricket Board to disclose financial details.
SECP Forms Working Group to Review Corporate Debt Market
Pakistan’s Securities and Exchange Commission has established a high-level Working Group to review the corporate debt market, aiming to diversify long-term
US World Cup host cities demand unpaid FIFA funds
Multiple US World Cup host cities press FIFA for promised millions in support.
China leads global robotics investment surge
Global venture capital rebounds as China leads investment in robotics, prompting US scrutiny.
ECC Approves Rs. 27.6 Billion for Sialkot-Kharian Motorway
The Economic Coordination Committee has approved significant funding for the Sialkot-Kharian Motorway project under PPP model.
Wenger criticizes FIFA’s World Cup stake plan
Former Arsenal manager Arsene Wenger criticizes FIFA's controversial plan to sell a 20% stake in the World Cup, which has been scrapped…
SIFC resolves lease issues, paves way for $200m mining investment in Balochistan
$200 million mining project cleared by SIFC in Balochistan, expected to boost economy and employment.