HBL Reports Strong H1’26 Profit, Reflecting Client Focus and Strategic Execution
HBL declared a consolidated profit before tax of Rs 73.1 billion, reflecting strong client focus and strategic execution.
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Startups
SIFC Facilitates $200 Million Mining Project in Balochistan
SIFC resolves issues for Barite Lead Zinc Project, paving way for $200 million investment and significant economic benefits.
CDA Approves Construction of Islamabad’s First Cricket Stadium
The Capital Development Authority has approved construction of Islamabad's first cricket stadium, a 35,000-seater replica of Dubai International Stadium.
Karachi Startup Launches AI Assistant for WhatsApp Business Groups
Digital Tribe launches Myyna, an AI assistant that operates within existing WhatsApp groups to improve business communication and efficiency.
Intel China supports MiniMax H3
Intel China adapts its Xeon GPU business to support MiniMax H3, a new generative model.
CDA Plans Early Construction of Cricket Stadium in Islamabad
The Capital Development Authority (CDA) plans to expedite the construction of the first cricket stadium in Islamabad with a bid of Rs8.9…
Taiwan launches startup incubation center for space industry
Taiwan's TASA aims to boost space technology commercialization through new incubation center.
Microsoft Aims to Optimize Windows 11 for 8GB RAM Laptops
Microsoft commits to reducing Windows 11’s memory usage as global memory shortages push manufacturers toward 8GB RAM configurations.
DeepSeek V4-Flash Outshines Competitors in Cost Efficiency
DeepSeek’s V4-Flash is the most cost-effective AI model, costing just 3 cents per benchmark test compared to $3.15 for Claude Fable 5.
Mari Energies awards contract for Spinwam gas supply
Mari Energies Limited has awarded Universal Gas Distribution Company a contract for the sale of up to 17.5 million standard cubic feet…
Mari Energies Secures Gas Sale Deal for Spinwam Discovery
Mari Energies Limited has awarded a contract for natural gas sale from its Spinwam discovery in Khyber Pakhtunkhwa, Pakistan.
LSE Capital Seeks Rs 500 Million in Third SPAC IPO
LSE Capital Limited seeks Rs 500 million through its third Special Purpose Acquisition Company (SPAC) listing on the Pakistan Stock Exchange.
Beijing Emerges as China’s Leading AI Hub
Moonshot AI's Kimi K3 model climbs global rankings, while Z.ai secures US$14 billion in funding to expand operations in Beijing.
TASA launches startup accelerator for satellite manufacturing
Taiwan Space Agency inaugurates new space startup accelerator at National Yang Ming Chiao Tung University.
France Cricket Board in Revolt Over Hidden Government Letters
France Cricket faces suspension as board reacts to withheld government letters, while vice-president secures ICC seat.
Musk denies reports of Tesla-China business separation
Elon Musk dismisses reports of Tesla executives preparing for China business sale, citing 'absurdly fake news'.
Taiwanese company Thunder Tiger showcases uncrewed surface vessel
Taiwanese company Thunder Tiger demonstrates uncrewed surface vessel in collaboration with US-based Shield AI.
AI Startup Fairground to Launch AI-Exclusive FAST Channel
Fairground Entertainment, founded by Xumo creator Colin Petrie-Norris, debuts an AI-exclusive FAST channel.
Punjab Struggles to Launch AI Education Due to Lack of Infrastructure
Thousands of government schools in Punjab lack the necessary technology for AI education. The rollout has been delayed due to insufficient computer…
OpenAI’s ChatGPT set to hit 1 billion weekly users
Internal data shows OpenAI’s chatbot is set to hit 1 billion weekly users, surpassing expectations.