BSL Officials Urge Brampton Mayor to Remove Muhammad Shoaib and Cancel Associated Ground Permits

Canada: Brampton Super League (BSL) Founder Tariq Pervez and Director Faisal Moledina have called on Brampton Mayor Patrick Brown to immediately remove Muhammad Shoaib from his role as Business Ambassador for Tourism and cancel all City of Brampton ground permits issued to organizations associated with him.

The call follows serious allegations including forgery, favoritism, embezzlement of funds, and abuse of authority."Our objective is accountability, not sensationalism," the officials stated. "Cricket must be governed with transparency and integrity."

Governance and Legal Action

Pervez and Moledina allege that Muhammad Shoaib misused his positions and removed them as directors without a properly convened meeting, subsequently appointing his wife as director. They claim BSL was operated without lawful governance procedures.

A legal notice has been served through counsel, challenging the unauthorized removal of directors, improper filings, and alleged misuse of corporate funds.

BSL is a federal not-for-profit, non-share capital corporation governed by the Canada Not-for-profit Corporations Act (CNCA). All authority, the notice states, must arise from properly convened member meetings and lawful board resolutions.

Financial Demand

Muhammad Shoaib has been formally required to repay disputed funds totaling CAD $39,181 by 5:00 p.m. on February 12, 2026, or provide a legally supported repayment plan. He has also been directed to return all corporate property in his possession.

Ground Allocation Concerns

BSL officials have further requested that the City cancel all grounds allocated to organizations linked to Shoaib. They stated that more than 24 cricket teams have formally requested allocation of City of Brampton grounds for the 2026 season.

Call for Independent Investigation

The officials are demanding a fair and independent investigation by Mayor Patrick Brown and Brampton City Council to ensure transparency and protect public trust.

Mediation committee member Yusuf German confirmed that Muhammad Shoaib was invited to present his position at the press conference but declined.

"This is only the beginning," said Faisal Moledina. "We are prepared to present further documentation, and legal action will intensify."

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Wafi Energy Pakistan conducts free eye camp for Retailers in collaboration with LRBT

Wafi Energy Pakistan Limited (WEPL) organized an eye camp for its retailers in partnership with Layton Rahmatulla Benevolent Trust (LRBT), providing free eye screening to help ensure healthy eyesight among the retailer community.

As part of its ongoing community outreach initiatives, WEPL continues to collaborate with trusted healthcare partners like LRBT to deliver accessible medical services to communities where it operates.

Commenting on the initiative, Zubair Shaikh, Chief Executive Officer of Wafi Energy Pakistan Limited, said: "Wafi is committed to being a responsible neighbour, contributing to the well-being of communities wherever we operate. Our social performance programmes are designed to ensure that economic development creates shared value while supporting a sustainable business ecosystem."

A dedicated team of ophthalmologists and support staff from LRBT conducted comprehensive eye examinations and provided free medicines for common eye ailments. Retailers requiring further medical attention were referred to the nearest LRBT hospital.

Wafi invests in the communities where we live and operate. Investment in local communities is both tailored to the needs of the community and aligned with Wafi's business objectives.

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Your 2026 Home Upgrade Guide: TCL’s Best TV, AC & Washer-Dryer Picks

Lahore: As 2026 approaches, it's time to rethink and upgrade your home gear, especially if you want to stay ahead in entertainment, comfort, and convenience. If you're aiming for a future-ready home, here are three standout products from TCL that should be on your radar: the QD Mini LED C6K, the T5 Smart series, and the C2110WDG washer-dryer.

TCL QD Mini LED C6K - Redefine Your Home Cinema
The TCL C6K QD Mini LED TV brings advanced display technology to your living room. With QD-Mini LED (Quantum Dot + Mini-LED) backlighting, it delivers deep blacks, rich contrast, and vivid, lifelike colours for movies, sports, and gaming. The C6K also features an AiPQ Pro processor and matte HVA panel that reduces glare while preserving wide viewing angles and strong contrast with a 144 Hz refresh rate and smooth motion.

TCL T5-SMART Series – Smart Cooling for Smart Living
Upgrading your home in 2026 isn't just about screens; comfort matters too, especially with rising summer temperatures. The TCL T5 SMART Series Air Conditioner combines modern cooling technology with intelligent features. It uses a full DC Inverter and an AI Inverter Algorithm for energy-efficient operation. Its 3D Air Flow and Self-Clean provide even, hygienic cooling, while UVC sterilization and copper tubing ensure durability.

TCL C2110WDG – Wash & Dry with Efficiency and Ease
This front-loading washer-dryer combines washing and drying in one unit. A direct-drive motor, honeycomb drum, heat sterilization, Air Fresh mode, and safety lock ensure efficient, gentle cleaning and convenience for families.

With these TCL upgrades, your home is ready for a smarter, more efficient, and enjoyable 2026.

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Young Pakistani Accountant Achieves International Distinction

A young and dynamic professional accountant from Peshawar, Mr. Hamza Shahid, has added another remarkable achievement to his academic and professional journey by earning the Bachelor of Science (B.Sc.) degree in Applied Accounting from the prestigious Oxford Brookes University, United Kingdom.

The degree was officially conferred by the University's Board during the convocation ceremony held at the Pullman Kuala Lumpur City Centre, Malaysia. The event brought together graduates and professionals from various countries, marking a moment of pride for Pakistani representation on the international academic stage.

Expressing his gratitude, Hamza Shahid attributed his success to his consistent hard work, dedication, and the heartfelt prayers of his parents. He also shared that this milestone motivates him to continue striving for excellence in the field of accounting and finance.

Hamza Shahid is the proud son of Muhammad Ahmad Shahid, a seasoned Fellow Member of the Institute of Chartered Accountants of Pakistan (ICAP), who has been serving the accounting profession with distinction and integrity since more than 35 years.

The accomplishment of Mr. Hamza Shahid not only highlights his personal commitment to academic and professional growth but also reflects the growing presence and recognition of Pakistani talent in globally recognized institutions.

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Karandaaz, Walee Launch Pakistan's First Shariah-Compliant Financing Program for Women Entrepreneurs

Karandaaz Pakistan and Walee Financial Services have entered into a strategic partnership to launch Khudmukhtar Khatoon, Pakistan's first Shariah-compliant, digital, asset-financing solution exclusively designed for women entrepreneurs. The partnership was formalised at a signing ceremony at Karandaaz, attended by senior leadership from both organisations.

The Khudmukhtar Khatoon initiative addresses one of the most persistent barriers faced by women-led businesses in Pakistan: access to meaningful, growth-oriented finance. Unlike conventional loan structures, this program offers Shariah-compliant, asset-based financing, enabling women entrepreneurs to receive essential business assets rather than cash disbursements. By directly linking financing to productive inputs, the project ensures that resources translate into sustainable business growth.

The program introduces a tier-based framework, enabling inclusivity for women at different stages of their entrepreneurial journeys, whether they are aspiring home-based business owners with limited records, or established, formally structured enterprises. Each tier is matched with tailored financing support aligned with business maturity and growth potential.

Launched as a Minimum Viable Product (MVP) phase, the project will focus on sectors with high participation from women entrepreneurs: apparel and tailoring, food services, and beauty services. The MVP aims to serve as a testing ground for evaluating demand, operational processes, and product-market fit, paving the way for nationwide scale-up. The vision is to develop, test, and validate Pakistan's first Shariah-compliant digital financing model tailored for women entrepreneurs.

Representing Walee Financial Services at the ceremony were Noshad Minhas, CEO & Co-Founder; Adnan Akhtar, Head of Finance & Compliance; and Khushba Hayat, Partner Investments. From Karandaaz Pakistan, Waqas ul Hasan, Chief Executive Officer; Sharjeel Murtaza, Chief Digital Officer; and Samia Salik, Lead - Women's Economic and Digital Inclusion, participated in the signing.

Highlighting the company's commitment to women's financial inclusion, Waqas ul Hasan, Chief Executive Officer at Karandaaz Pakistan, said:
"Women's economic participation is central to Pakistan's national development agenda and one of the key priorities of the Gates Foundation. Through Khudmukhtar Khatoon, Karandaaz is proud to pioneer a model that meets the financing needs of women entrepreneurs but does so in a way that aligns with local values and economic priorities. This collaboration with Walee Financial Services is a step toward building inclusive financial systems that enable women to become active contributors to Pakistan's growth. The project has demonstration potential, and we need to join hands to close the gender gap in financial inclusion in Pakistan"Speaking at the ceremony, Noshad Minhas, CEO & Co-Founder of Walee Financial Services, stated:

"Khudmukhtar Khatoon is a step toward empowering women entrepreneurs with dignity, choice, and sustainable growth opportunities. We are proud to partner with Karandaaz to pilot this innovative, Shariah-compliant model that can redefine access to finance for women in Pakistan."
The Khudmukhtar Khatoon pilot will serve as a proof of concept for a first-of-its-kind, women-focused, Shariah-compliant asset financing product in Pakistan. The program will generate critical learnings on product design, operational performance, and women's financial needs, with the ambition to scale and mainstream such solutions across the country.

Speaking about the initiative's innovation and inclusivity, Sharjeel Murtaza, Chief Digital Officer at Karandaaz Pakistan, said:
"Financial inclusion must go beyond access. It must create pathways for women to thrive as business leaders. This initiative combines innovation, Shariah compliance, and inclusivity to test a scalable model for women's economic empowerment. Khudmukhtar Khatoon reflects our mission to bridge systemic gaps and enable women entrepreneurs to achieve their potential."

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Syngenta China and Punjab Join Hands to Power Pakistan’s Agri-Tech Revolution

In a significant stride toward modernizing Pakistan's agriculture, Syngenta Pakistan brought together the Government of Punjab delegation and the Syngenta Group China leadership during an official visit to Beijing.

The meeting, led by Mr. Fu Su (President, Syngenta Group China) and Mr. Syed Ashiq Hussain Kirmani (Minister of Agriculture, Punjab), explored new avenues to strengthen agri-tech cooperation, climate-resilient farming, and export potential.

Discussions centered on strengthening collaboration in areas such as food security, climate-resilient farming, and the adoption of advanced agri-tech innovations. The dialogue also emphasized the importance of joint efforts to enhance crop productivity, promote sustainable practices, and address key agricultural challenges through innovative, technology-driven solutions.

Mr. Zeeshan Hasib Baig (GM, Syngenta Pakistan) and Mr. Syed M. Ali Murtaza (Head of Corporate Affairs & Sustainability) reaffirmed Syngenta's commitment to advancing Pakistan's food security agenda.

"Our collaboration with the Punjab Government is rooted in a shared vision—empowering farmers through innovation and sustainability," said Mr. Zeeshan Hasib Baig.

The meeting, also attended by senior government officials and representatives from the Pakistan Embassy in Beijing, symbolizes a renewed chapter of public–private partnership between Pakistan and China for a more productive and climate-resilient agricultural future.

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CBD PUNJAB COMMENCES ASPHALTIC BASE COURSE AT PAKISTAN’S FIRST AND LARGEST IT CITY CBD NSIT CITY

Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has achieved a significant milestone in the development of Pakistan's first and largest IT city CBD NSIT City, by commencing an asphaltic base course. This development marks a major step towards realizing the vision of a world-class infrastructure framework within the project.

In the initial phase, CBD Punjab has successfully laid 250 tons of asphalt, covering an area of approximately 15,000 square feet over a stretch of approx. 300 feet. This progress reflects the steady and well-planned execution strategy adopted by the authourity to ensure top-quality infrastructure standards.

CBD Punjab is actively developing a circular road network within CBD NSIT City, which includes 250 ft, 220 ft, 150 ft, and 100 ft wide roads designed to facilitate seamless mobility and connectivity across the city. Alongside the asphalt work, drainage and ICT (Information and Communication Technology) infrastructure development is also underway and progressing according to schedule.

While expressing his thoughts on this major achievement, CEO CBD Punjab Imran Amin said, "The initiation of an asphaltic base course at CBD NSIT City marks an important step toward transforming this visionary project into reality. Our focus remains on delivering sustainable and world-class infrastructure that will position CBD NSIT City as the technological nucleus of Pakistan. This achievement reflects our dedication to timely execution and excellence in urban development."

CBD Punjab continues to play a pivotal role in reshaping Punjab's urban landscape, turning vision into progress, and creating opportunities that will define the future of technology and innovation in Pakistan.

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CBD NSIT City: Paving the Way for Pakistan’s Digital Transformation

In the vibrant heart of Lahore, where heritage meets ambition, a new chapter of Pakistan's digital story is unfolding. The Central Business District (CBD) NSIT City -envisioned as the country's largest IT park stands as a symbol of Pakistan's digital aspirations. More than an infrastructure project, it represents a strategic shift toward positioning the nation as a serious player in the global technology economy. But turning that vision into reality will demand more than ambition, it will require consistent execution, inclusivity, and sustained political and economic will.

Building Pakistan's Innovation Hub
Backed by the Punjab government, CBD NSIT City is being developed as a modern, technology-driven hub equipped with office towers, incubation centers, residential spaces, and advanced digital connectivity. It seeks to attract both local innovators and foreign investors, aligning with Pakistan's broader goal of moving from a consumption-driven economy to one based on innovation, tech exports, and knowledge creation.
The timing is significant. Pakistan's digital economy is gaining momentum, with IT exports reaching $2.6 billion in 2022–2023. With 64% of the population under 30 and more than 600,000 active freelancers, the country ranks as the world's third-largest freelance market. Lahore already home to promising startups like Bykea and Finja is well placed to emerge as a regional innovation hub. CBD NSIT City could serve as the platform that helps transform that potential into long-term progress.

Bridging Infrastructure and Opportunity
For that to happen, however, the project must deliver more than physical infrastructure. It needs dependable energy, efficient regulations, and a business-friendly ecosystem the ingredients that have fueled global success stories like Bangalore and Shenzhen.
Yet, the road ahead is not without obstacles. Pakistan's major infrastructure projects have often suffered from bureaucratic inefficiencies, cost overruns, and delays. Without transparent governance and technocratic oversight, even the most visionary initiatives risk stagnation.
Talent retention is another key challenge. With over 65% of young Pakistanis expressing a desire to move abroad, the country must invest in better pay scales, digital skills training, and career growth opportunities to retain its brightest minds and strengthen the local IT industry.

Sustaining Investor Confidence
Attracting sustained foreign investment will be equally critical in Pakistan's volatile economic environment. Policy consistency, investor protection, and regulatory clarity will be essential to building and maintaining global confidence.
What makes CBD NSIT City particularly promising is its location and timing. Integrated into Lahore's urban core, it is designed to foster collaboration between startups, academia, and investors, a dynamic ecosystem model that has driven innovation across global tech capitals.

A Defining Moment for the Future
Beyond technology and infrastructure, the project's true potential lies in its ability to inspire trust in governance, in local talent, and in Pakistan's ability to deliver on its promises. If approached with transparency, inclusivity, and sustained focus, CBD NSIT City could become more than a development milestone; it could serve as the cornerstone of Pakistan's digital transformation. Lahore has always been a city of ideas, energy, and reinvention. With the right leadership and policy continuity, CBD NSIT City can channel that spirit into something lasting a thriving, connected, and forward-looking digital Pakistan.

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Awareness Session Highlights Crucial Need for Breast Cancer Early Detection and Self-Check

KARACHI– A crucial community session was recently held to educate young students about the vital importance of early detection, self-examination, and awareness regarding breast cancer—a serious condition that affects thousands of women across Pakistan every year.The session was part of a dedicated effort to promote preventive healthcare and health literacy among the youth.

The awareness drive was organized by Dr. Salim Ahmed & Co., in collaboration with Dr. Reckeweg Germany, and was hosted at the Taleemgah Dukhtaran-e-Awam Trust Girls High School, DHA Karachi.

This event falls under the company's ongoing Corporate Social Responsibility (CSR) commitment to empower communities with essential health knowledge.*Expert Insight Focuses on Life-Saving Habits*The interactive session featured Dr. Saima, Senior Medical Officer at the Atomic Energy Medical Centre (Radiation Oncology Department), as the guest speaker.

Dr. Saima provided valuable, practical insights on breast cancer prevention, recognizing initial signs and symptoms, and the life-saving benefits of early diagnosis. She strongly encouraged the students to adopt proactive health awareness habits that will protect their future and the health of their families.Ms. Nargis Salim, Partner at Dr. Salim Ahmed & Co., underscored the vital significance of community-based health education.

"Initiatives like this reflect our profound commitment to contributing positively to society and ensuring health literacy transcends business operations," Ms. Salim stated, while appreciating the school's cooperation in hosting the session.

*Commitment to Community Health*Through focused and educational initiatives like this, Dr. Salim Ahmed & Co. and Dr. Reckeweg Germany are continuing their mission to promote sustainable preventive healthcare and actively contribute to community well-being throughout Pakistan.

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Dawlance Exports First Batch of Single Tub Washing Machines from Pakistan to Bangladesh

Dawlance, a leading home appliance brand and a subsidiary of global giant Beko, has officially exported its first batch of Single Tub Washing Machines from Pakistan to Bangladesh. This achievement marks a significant step in bringing Pakistani innovation to the global market.

A total of 180 units have been shipped in the first phase, with further exports planned in the coming months. This move stems from Dawlance's deep understanding of the Pakistani market, particularly in growing household penetration in the laundry category through locally-relevant solutions. Dawlance's ability to develop products that cater to practical, everyday needs has been key to this expansion.

The product insights were shared with Singer Bangladesh, a Beko subsidiary, where it was tested and validated for the local market. Following positive feedback, the export was initiated, marking a key milestone in cross-market collaboration within the Beko family. The success of the initial export has set the stage for more products to be introduced in Bangladesh.

"This is not just about exporting a product; it's about exporting insight-driven innovation. We're proud to see a Made-in-Pakistan solution find relevance in another market. This is only the beginning of our journey to take local expertise to a global scale," said Umar Ahsan Khan, CEO of Dawlance.

From concept to shipment, this initiative reflects Dawlance's broader vision to transform local expertise into globally relevant solutions. By strengthening regional collaboration and investing in innovation, Dawlance is scaling its export capabilities and contributing to Pakistan's economic growth through value-added trade. The company is also focused on enhancing its production capacity to meet growing international demand.

The export to Bangladesh is part of Dawlance's long-term strategy to strengthen Pakistan's manufacturing footprint in the region and to explore further export opportunities. Dawlance aims to continue providing high-quality, energy-efficient products that meet the needs of diverse markets.

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CBD Walk: A New Premium Retail & Dining Destination Unveiled in CBD Quaid District in the Heart of Gulberg

The Punjab Central Business District Development Authority (PCBDDA), also known as CBD Punjab, proudly announces the launch of CBD Walk, a distinguished retail and dining destination located in the Quaid District of CBD Punjab, adjacent to a scenic two-acre lake in the heart of Gulberg, Lahore.

 

Spanning across a prime location, CBD Walk offers 16 premium 4-Marla commercial units constructed on a Shell & Core model, providing businesses complete flexibility to customize their interiors according to their unique requirements. Investors can choose between 8 park-facing and 8 lake-facing units, each offering breathtaking views and unmatched visibility in one of Lahore's most prestigious locations.

 

"This project exemplifies our vision of redefining urban commercial development in Punjab," said Imran Amin, CEO of CBD Punjab. "CBD Walk transcends traditional commercial ventures, it's a carefully curated lifestyle destination designed to attract premium retail and dining brands that align with Lahore's evolving urban sophistication. The seamless integration of scenic lakefront views, state-of-the-art infrastructure, and strategic positioning creates an iconic addition to the city's commercial landscape."

 

Strategically positioned in the CBD Quaid District, CBD Walk ensures high footfall, seamless connectivity, and a thriving commercial environment, making it an exceptional investment opportunity for visionary entrepreneurs and established brands seeking to establish their presence in Lahore's most dynamic business district.

 

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Bank Makramah Limited Accelerates Recapitalization with Major Capital Injections and Strategic Asset Sale, Signaling Robust Future Growth

Bank Makramah Limited (BML) is making significant strides in its recapitalization efforts, reinforcing its commitment to long-term financial stability and growth. This progress is supported by a recent PKR 5 billion deposit from His Excellency Nasser Abdulla Hussain Lootah, BML's esteemed Sponsor.

 This amount, to be recorded as an advance against share subscription pending regulatory approvals, follows his earlier PKR 10 billion capital injection in 2023. In addition, the proposed merger of Global Haly Development Limited, a company owned by the Sponsor, into BML reflects his substantial commitment, which will total PKR 41 billion. The Bank extends its deepest gratitude to the Sponsor for his unwavering support and vision for BML and Pakistan's banking sector. 

In a concurrent strategic move, BML's Board of Directors has approved the sale of Cullinan Tower in Clifton, Karachi, for a confirmed offer of PKR 12 billion. This landmark transaction represents a major step, which will result in significant liquidity and capital gains for the Bank. 

Further bolstering its financial position, the Bank is in the final stage of recovering over PKR 13 billion of its legacy non-performing loans in the near future resulting in a strong impact on its profitability and capital base. 

All of the above initiatives are projected to increase BML's net assets by around PKR 50 billion. This shall further strengthen the Bank's commitment to better serve its customers and play a significant role in the financial sector of Pakistan.

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Payoneer Hosted “Game Leaders Connect 2025” to Power Global Growth for Pakistan’s Gaming Industry

Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, hosted Payoneer's Game Leaders Connect 2025 in Lahore on June 21, 2025, an exclusive event focused on empowering 75 founders, decision makers and leaders of gaming studios and game app developers to build borderless brands and export-ready global businesses with industry insights and global market strategies and resources.

The event, held under the theme "Scaling Pakistani Game & App Exports: Growth, Monetization & Global Paydays," brought together ambitious founders, product heads, and ecosystem enablers from companies like InvoZone, Euphoria XR, TF Business Solutions, Solvefy, Fishry/Bramerz, and BDigital. Attendees engaged in sessions focused on overcoming real-world challenges of international billing, streamlining cross-border transactions, and building sustainable revenue streams. Payoneer hosted a workshop for developers and digital entrepreneurs to better understand how to leverage the Payoneer platform to accelerate global growth, including through virtual multi-currency accounts in multiple  global currencies, seamless global billing with multiple payments option for payers, and checkout services that remove global payment barriers and enable businesses in Pakistan to thrive in international markets.

"Pakistan is a priority market for Payoneer, and we are a trusted cross-border payments partner to leading game developers, tech companies, and service exporters in the country who leverage our business-grade features and secure platform for cross-border trade," said Nagesh Devata, SVP, Asia-Pacific at Payoneer. "As the gaming industry in the country rapidly expands, projected to reach nearly $1 billion in revenue in 2025 with over 45 million gamers and $158 million in exports, Payoneer is committed to continuing to support the ecosystem by seamlessly connecting Pakistan's SMBs  to the global, digital economy."

The event featured a dynamic lineup of sessions designed to inspire, inform, and engage attendees across topics including:

• Pakistan's $1B Gaming Exports Playbook: Hilal Khan, Chair of IGDA Pakistan, emphasized, "Building a robust ecosystem with streamlined monetization and global collaboration is key to realizing Pakistan's true potential in the international gaming market." He outlined a clear strategic roadmap to help attendees learn how to navigate ecosystem challenges, optimize monetization, and expand cross-border opportunities to scale their gaming businesses in the billion-dollar export sector.

• Scaling Fast, Getting Paid Faster: Talha Fakhar, Founder TF Business Solutions; Furqan Aziz, Founder and CEO of InvoZone; and Ahmad Malik, Co-Founder and CTO of Euphoria XR, had a panel discussion about the realities of dollar-based pricing, investor confidence in global earnings, and the impact of monetization strategies on scalability.

• Additional sessions on Building Borderless Brands and Building Export-Ready Game Dev Teams, led by Badar Khushnood of Fishry/Bramerz and Furqan Aziz of InvoZone respectively, explored how brands can leverage Pakistan's rapidly growing digital audience and social media platforms to reach global markets. Khushnood noted, "Building borderless brands means enabling game creators to scale beyond borders, turning local passion into global engagement. With Payoneer's seamless cross-border payouts, this vision becomes actionable, fueling Pakistan's game development industry to play on
the world stage."

Payoneer serves customers in 190+ countries and regions, leveraging relationships with nearly 100 banking and payment service providers. With approximately two million active customers, Payoneer processed $80 billion in volume in 2024. Payoneer also has approximately 100 customer success managers in 35 countries, speaking over 20 languages, building strong, localized relationships with SMBs to support their global businesses.

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CBD PUNJAB STRENGTHENS ACADEMIA-INDUSTRY LINKAGES WITH BAHRIA UNIVERSITY STUDENT VISIT

The Punjab Central Business District Development Authority (PCBDDA), also known as the Central Business District Punjab (CBD Punjab), welcomed a delegation of MS Project Management students from Bahria University for an immersive academic visit to its flagship development, NSIT City. The initiative aimed to provide future project managers with first-hand exposure to cutting-edge project execution and management practices in the heart of Punjab's premier business hub.

 

During the visit, the students received comprehensive briefings on CBD Punjab's operational framework and ongoing development initiatives. Detailed sessions were led by Mr. Asif Iqbal, Director of Project Management at CBD Punjab, and Mr. Yasir Saifullah, Project Manager at NSIT City, who shared insights into the strategic planning, execution, and challenges of large-scale urban development projects.

 

A highlight of the visit was a guided tour of the Celestia IT Office Tower, a hallmark of innovation within NSIT City. Here, students observed real-time infrastructure planning and on-ground project execution, gaining valuable practical knowledge that bridges the gap between academic theory and industry realities.

 

This academic-industry collaboration reflects CBD Punjab's commitment to nurturing the next generation of project management professionals. The visit provided an ideal platform for students to engage directly with industry experts, enhancing their understanding of modern project management methodologies and the complexities of urban development.

 

Imran Amin, CEO of CBD Punjab, commented on the occasion: "At CBD Punjab, we believe in empowering the leaders of tomorrow by fostering strong connections between academia and industry. We are proud to open our doors to students and young professionals eager to learn from the transformational projects shaping the future of our country. By providing real-world learning opportunities, we not only enhance academic growth but also inspire and equip the next generation of nation-builders to drive meaningful change."

 

CBD Punjab remains dedicated to supporting educational initiatives and building a skilled workforce capable of delivering innovative solutions for Pakistan's urban future.

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Zindigi and LDA Launch Plantation Drive to Promote a Greener Future in Lahore

To mark World Environment Day, Zindigi powered by JS Bank and LDA launched a large-scale plantation drive today at LDA Avenue 1 Lahore. The initiative, a part of Zindigi's Corporate Social Responsibility (CSR) efforts, aims to contribute toward environmental sustainability and build a greener Lahore and Pakistan for future generations.

 
The plantation drive was inaugurated by Atif Ishaque, Chief  Business Officer of Zindigi, along with Vice Chairman LDA Mian Marghoob Ahmed and DG LDA Tahir Farooq. Together, the leadership teams symbolically planted the first saplings, marking the beginning of a collective movement to promote environmental responsibility.

 
As the world grapples with the intensifying effects of climate change from rising temperatures to extreme weather events Pakistan stands at a critical juncture. Ranked among the top 10 countries most vulnerable to climate change, it is imperative that immediate and long-term actions are taken to restore ecological balance. Tree plantation remains one of the most effective, nature-based solutions to absorb carbon emissions, improve air quality, reduce urban heat, and preserve biodiversity.

 
DG LDA Tahir Farooq said that the LDA has amended its regulations and made the construction of grey water treatment plants mandatory in one-kanal houses. He emphasized that, with the support of the private sector, development authorities can educate the public and the construction industry to adopt environmentally friendly initiatives and global best practices. DG Tahir Farooq added that the LDA has planted more than 300,000 trees in various schemes with the support of private sector. He appreciated the support of  Zindigi by JS Bank in promoting a greener future.

"At Zindigi, we believe that true business strength lies not just in growth, but in purpose. As we mark World Environment Day, we're not just planting trees, we're planting hope, resilience, and responsibility for future generations." stated Atif Ishaque, Chief Business Officer Zindigi.

On this occasion, Vice Chairman LDA Mian Marghoob Ahmed said that, on the special directions of CM Punjab Maryam Nawaz, the Lahore Development Authority has shifted its focus to promoting eco-friendly initiatives. He said that the LDA, in collaboration with the private sector, is encouraging green buildings, solarization, planned urbanization, and other initiatives to mitigate smog.

This CSR effort by Zindigi not only aligns with UN SDG 13 (Climate Action) and SDG 15 (Life on Land) but also underscores the importance of public-private partnerships in addressing Pakistan's growing environmental challenges. Through this initiative, Zindigi and LDA are setting a precedent for meaningful collaboration that creates lasting, positive change.

 
With this plantation drive, Zindigi reiterates its belief in sustainable innovation—not just in digital finance, but in building a better, cleaner world for the generations to come.

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Gaming in 2025 Just Got Smarter – TCL’s C6K is the Ultimate Console Companion

If you're a console gamer in Pakistan, your setup isn't complete without a TV that keeps up with your skills, and that's exactly what TCL's new C6K QD-Mini LED TV delivers. Designed to elevate your gaming experience, the C6K brings premium features to the living room at an unbeatable value. Whether you're into fast-paced shooters, FIFA marathons, or open-world adventures, TCL's C6K is built to deliver smooth, responsive, and visually stunning gameplay right out of the box.

144Hz Native Refresh Rate – Game On with Ultra-Smooth Motion
The 144Hz native refresh rate is a standout feature in the C6K, especially in this price segment. This means less motion blur and more precise movement, crucial for competitive gameplay. Pair that with AMD FreeSync Premium Pro and Game Master Mode, and you've got a display that reacts as fast as you do.

Console-Friendly Features That Do the Work for You
Thanks to HDMI 2.1 support and Auto Low Latency Mode (ALLM), the C6K automatically switches to optimal gaming settings the moment it detects your console. Say goodbye to lag and hello to real-time response and high-speed action.

More Than Just Gaming – It's Your All-in-One Entertainment Hub
The C6K isn't just made for gamers, it's your complete home entertainment powerhouse. With Dolby Vision IQ, HDR10+, and Dolby Atmos powered by a premium Onkyo 2.1 Channel Hi-Fi sound system, it delivers stunning visuals and immersive audio for movie nights, binge-worthy dramas, and live cricket like never before. Powered by Google TV, you get instant access to YouTube, Netflix, Prime Video, and more through an effortless, user-friendly interface that fits perfectly into your lifestyle.

Key Gaming Features on TCL C6K:
• 144Hz Native Refresh Rate for ultra-smooth visuals
• 240Hz Game Accelerator for next-level responsiveness
• AMD FreeSync Premium Pro for reduced screen tearing
• Game Master Mode for optimal performance
• HDMI 2.1 & ALLM for faster response times
• Dolby Vision IQ & HDR10+ for immersive visuals
• Now available across Pakistan in 55", 65", 75", 85" and 98" sizes, the TCL C6K QD-Mini LED TV starts at just PKR 224,900, making premium entertainment more accessible than ever for Pakistani consumers.

Ready to Level Up?
If you're ready to upgrade your console gaming experience without breaking the bank, the TCL C6K is the smart choice for 2025. High-performance visuals, gamer-first features, and cinematic clarity — all from Pakistan's trusted name in smart TVs.

Available now at TCL Flagship Stores, leading electronics retailers nationwide, and online at the official TCL Pakistan website: www.tclpakistan.com

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CBD Punjab's NSIT Silicon Block Notified as Special Technology Zone by STZA

In a significant step toward strengthening Pakistan's high-tech ecosystem, the Special Technology Zones Authority (STZA) has officially notified the NSIT Silicon Block as a Special Technology Zone (STZ). This landmark development positions Punjab at the forefront of the nation's digital transformation and underscores the region's growing appeal to global and local tech investors.

The notification paves the way for the next phase of development, with the ZD License and Development Agreement currently in process. These crucial steps will ensure the timely execution of infrastructure plans and facilitate streamlined investment processes for future projects.

CEO of CBD Punjab, Imran Amin, remarked, "The notification of NSIT Silicon Block as an STZ reflects our unwavering commitment to creating a future-ready ecosystem in Punjab. This move will not only attract global and local tech investors but also foster innovation, job creation, and economic growth. We are working closely with STZA to expedite the next steps, including the ZD license and Development Agreement, ensuring swift and seamless development of the zone."

The NSIT Silicon Block is a flagship initiative under CBD Punjab, envisioned as a cutting-edge technology cluster that will host industries specializing in artificial intelligence (AI), Internet of Things (IoT), blockchain, software development, and R&D labs.

By securing this designation, CBD Punjab strengthens its role as a key driver of economic diversification and technological advancement in Pakistan. The STZ status is expected to catalyze innovation, boost exports, and generate skilled employment opportunities, thereby contributing meaningfully to the national economy.

CBD Punjab continues to set benchmarks for progressive urban development and future-oriented economic planning in the country.

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CBD PUNJAB BRINGS STRATEGIC INVESTMENT OPPORTUNITY WITH NSIT RESIDENCIA AUCTION

The Punjab Central Business District Development Authority (PCBDDA), also known as the Central Business District Punjab (CBD Punjab), is all set to hold the auction of premium residential plots in NSIT Residencia this June. Building on the momentum of four previously successful auctions, this latest venture marks another bold step forward in the authority's mission to redefine urban living and development in Punjab.

NSIT City is envisioned as a dynamic urban center comprising three districts  IT, Education and Film districts. Located adjacent to DHA Phase 6 and 7.

NSIT Residencia sits at the heart of this transformative zone, making it a strategic and future-ready investment opportunity offering unmatched accessibility to key locations within Lahore. Positioned as the next sought-after address in the provincial capital, NSIT Residencia combines luxury living with smart city infrastructure, providing investors with an exceptional opportunity.

CBD Punjab is offering four premium plots of up to four kanals each in this prime location. The reserve price has been set at PKR 95 million per kanal, with earnest money fixed at PKR 20 million. To ensure greater ease and accessibility for potential buyers, a flexible three-year payment plan has been introduced, making this an attractive prospect for both local and overseas investors. Applications for the auction must be submitted by June 16, 2025.

Commenting about the upcoming auction, CEO CBD Punjab, Imran Amin, said: "NSIT Residencia is a key part of our vision for a future-ready Punjab. By integrating IT, education and film districts within a single urban ecosystem, we are creating a city of opportunity. This auction is not just a real estate event it's an invitation to invest in the next chapter of Punjab's growth story."
The development of NSIT Residencia is expected to generate a positive ripple effect on the regional economy. From job creation and increased real estate value to improved infrastructure and sustainable urban planning, the auction will contribute significantly to Punjab's socio-economic advancement.
CBD Punjab continues to lead with forward-thinking initiatives that align with the government's vision for a modern, inclusive, and globally competitive Punjab. The upcoming auction of NSIT Residencia reflects the authority's unwavering commitment to building smart, connected, and future-ready urban communities.

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Karandaaz and GrowTech Partner to Empower Smallholder Farmers through AgriTech and Financial Inclusion

In a strategic move to reshape Pakistan's agricultural ecosystem, Karandaaz Pakistan, an impact investment platform dedicated to driving sustainable economic growth and strengthening financial and social protection systems for inclusion, has partnered with GrowTech, an AgriTech innovator, to expand digital and financial access for smallholder farmers. This collaboration will accelerate the adoption of smart agriculture practices and digital financial tools across underserved regions of Punjab.
GrowTech, recognized for its tech-driven approach to farming, will leverage its digital platform to extend agriculture practice advisory, and access to agri-markets and input suppliers in new geographic areas. The initiative will support farmers in boosting productivity and profitability in an increasingly competitive market.
"This partnership with GrowTech reflects our commitment to harnessing technology and finance to uplift Pakistan's agriculture sector. By reaching farmers where they are – digitally and physically – we're enabling a more inclusive, productive, and climate-resilient agri-economy," said Waqas ul Hasan, CEO, Karandaaz Pakistan.
To further strengthen the link between digital solutions and on-ground support, the project will establish Farmer Facilitation Centres in two new regions of Punjab. These centres will serve as community hubs, offering in-person assistance, digital training, and capacity-building programs. Local leaders will also be engaged through digital marketing and e-commerce workshops, ensuring widespread adoption and empowerment.
Recognizing logistics as a key enabler in agricultural success, the partnership will foster new alliances with local logistics providers to streamline supply chains. Farmers will benefit from more reliable and timely distribution networks, enhancing their market reach and operational efficiency.
A key element of the partnership is piloting the provision of financing to farmers leveraging electronic warehouse receipts allowing them to store their agriculture produce and use it to alleviate their capital constraints. Furthermore, in order to benefit female farmers, livestock and health advisory is also being integrated onto the digital platform.
"Through its partnership with Karandaaz, Growtech is digitally transforming agriculture by empowering farmers, especially smallholders and women, expanding rural market access, and building Pakistan's leading platform for inclusive, sustainable, and technology-driven farming growth," said Faisal Bilal, CEO, Growtech.
"Karandaaz is committed to driving financial inclusion, and agriculture remains one of the most financially underserved sectors in Pakistan while being the cornerstone of Pakistan's economy. As part of this mission, Karandaaz is actively partnering with agritech firms, financial institutions (FIs), and fintech companies to ensure inclusion at the last mile. With our support and GrowTech's proven expertise, we aim to deliver a comprehensive and commercially sustainable suite of financial services and agriculture advisory solutions to cater to the specific needs of the smallholder farmers across Pakistan." said Sharjeel Murtaza, Chief Digital Officer (CDO), Karandaaz Pakistan.
The project is expected to impact tens of thousands of farmers, creating a replicable model for future AgriTech and financial inclusion partnerships in Pakistan.

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Transforming Small Business Finance for Inclusive Growth

In a major step toward strengthening small business finance in

Pakistan; Karandaaz Pakistan, Accelerate Prosperity (AP)- an AKDN initiative, and Parwaaz Financial
Services Limited (PFSL) have entered a strategic partnership, with a particular focus on women-led
enterprises, climate-tech start-ups, and innovation-driven ventures.

This initiative aims to bridge a critical market gap by addressing the financial needs of businesses too
large for microfinance yet perceived as risky by traditional commercial banks. Leveraging
Karandaaz's extensive expertise in small business finance, AP's provision of capital to early stage
companies, and PFSL's innovative lending models, the partnership seeks to foster sustainable
economic growth and financial inclusion across underserved sectors.

Setting the tone at the event, Mr Akhtar Iqbal, CEO Aga Khan Foundation Pakistan (AKF-P), spoke
about the growing need for innovative partnerships to support Pakistan's entrepreneurial
ecosystem. Introducing the collaboration between AP, Karandaaz, and PFSL, he noted, "Having
deployed over USD 15 million across 500+ businesses in Central and South Asia through various
instruments, AP is now deepening its engagement with the ecosystem — cultivating strategic
partnerships, advancing innovative financing mechanisms, and enabling co-investment opportunities
to maximize support for these businesses."

Highlighting the significance of the initiative, Mr Waqas ul Hasan, CEO Karandaaz, stated, "Small
businesses form the backbone of our economy, driving job creation, economic stability, and
innovation. As a pioneer and market leader in developing innovative financial solutions, Karandaaz
consistently strives to set an example for the sector. It's a momentous occasion that these
institutions namely AP, Karandaaz and PFSL are coming together for delivering a market
development access to finance solution for small businesses."

The partnership is closely aligned with broader development priorities, including inclusive economic
growth and climate resilience. Ms Henrietta Hamilton, Deputy Development Director at the UK's
Foreign, Commonwealth & Development Office (FCDO), reaffirmed the UK's commitment to
supporting such initiatives: "The UK government supports inclusive economic growth, gender
equality, and climate resilience. This collaboration shows how development finance and private-
sector expertise can work together to overcome market barriers and promote sustainable economic
development."

Mr. Sebastian Jacobi, Director at KfW, noted the broader impact this partnership will have on the
startup ecosystem in Pakistan: "This collaboration between AP, Karandaaz and PFSL sets an
important precedent for the startup ecosystem in Pakistan. The KfW financed startup project will
surely benefit from this collaboration."

Mr Javed Iqbal, CEO PFSL, added further context about the importance of tailored financial products:
"Small enterprises, particularly those led by women or working in climate resilience, face specific
challenges that traditional banking models don't address. This collaboration enables us to offer
inclusive, flexible financial solutions designed specifically for their unique needs, helping them scale
and thrive sustainably."

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