Saudi-based mobility company Shift has raised approximately $83 million in a significant investment round led by Merak Capital, a prominent Saudi investment firm. The announcement...

Yousaf Hussain, President and CEO of Faysal Bank Ltd, has been elected as the new president of the Overseas Investors Chamber of Commerce and Industry...

Qist Bazaar, Pakistan’s leading Buy Now Pay Later (BNPL) fintech startup, has announced the successful closure of its Series A funding round, securing US$3.2 million....

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has approved an AED 10 billion expansion plan for...

The Lahore Electric Supply Company (LESCO) has refunded an estimated Rs. 80 billion to consumers following revelations of overbilling, Pakistan’s Energy Minister Awais Leghari informed...

Sui Southern Gas Company Limited (SSGC), Pakistan’s leading natural gas utility provider, has appointed Muhammad Amin Rajput as the acting Managing Director (MD) and Chief...

Syarah, a Riyadh-based online marketplace for cars, has successfully raised $60 million in a Series C funding round. The round was led by Saudi investment...

Dubai-based fintech company Ziina has raised $22 million in a Series A funding round, led by US-based Altos Ventures. The round saw participation from Avenir...

The Pakistan Stock Exchange Limited (PSX) has announced the appointment of Mr. Nadeem Naqvi as its interim Chief Executive Officer (CEO), effective from 3rd September...

Millat Tractors Limited (MTL), Pakistan's largest tractor manufacturer, has announced the suspension of its production operations, citing the government's failure to establish a mechanism for...