Friday, March 13 2026

Air Link unit Select Technologies plans IPO
Air Link Communication Limited, a Pakistani technology firm, said on Friday that its wholly owned subsidiary, Select Technologies Limited, intends to launch an Initial Public Offering (IPO) and seek listing on the Pakistan Stock Exchange (PSX). The technology firm shared the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. “The Board of Directors of Air Link Communication Limited is pleased to announce that its wholly owned subsidiary, Select Technologies Limited, has decided to raise capital through an IPO and to seek listing of its securities on the PSX,” read the notice.
Related news categories: business economic-indicators psx stock-exchanges tech-comm
Related symbols: airlink (news stock)

Wednesday, March 11 2026

Dedicated digital portal for SMEs on the cards
Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, has said that the government is set to introduce Amazon like digital portal for Small and Medium Enterprises (SMEs) to connect Pakistan’s SMEs with global buyers. He said this here on Tuesday while chairing a high-level meeting to review initiatives aimed at strengthening Pakistan’s SME sector through digital transformation. The meeting was attended by Secretary Industries and Production Saif Anjum, the CEO of SMEDA Ms Nadia J Seth, and members of the SMEDA Board. During the meeting, Haroon Akhtar emphasised that digitalisation can significantly enhance the digital presence of SMEs and expand their access to markets. He stated that digital platforms provide SMEs with an opportunity to export their products to international markets and connect with global buyers.
Related news categories: business economic-indicators tech-comm

Tuesday, March 10 2026

Pakistan kicks off 5G spectrum auction
The federal government on Tuesday formally kicked off the long-awaited 5G spectrum auction, marking a major step towards the launch of next-generation mobile services and faster digital connectivity in the country. The auction process is being conducted by the Pakistan Telecommunication Authority (PTA), with the first round of bidding scheduled to last 60 minutes. Finance Minister Muhammad Aurangzeb, IT Minister Shaza Fatima Khawaja and Information Minister Attaullah Tarar jointly inaugurated the auction alongside PTA Chairman Major General (retd) Hafeez Ur Rehman. Officials said the first round of bidding will last 60 minutes, with three telecom operators, including Jazz, Zong and Ufone, participating in the auction.
Related news categories: business economic-indicators tech-comm

Wednesday, March 04 2026

Allied Bank sets new benchmark in customer experience with Pakistan’s first humanoid robot
Allied Bank has achieved a major milestone in customer centric innovation by becoming the first bank in Pakistan to deploy an AI powered humanoid robot, “Pepper.” This initiative reflects Allied Bank’s commitment to enhancing in-branch experiences through smarter, more engaging, and digitally enabled customer interactions. Pepper will support customers by addressing common queries, guiding them to relevant services, and providing information about Allied Bank’s products and offerings, enabling faster service delivery and improved engagement within the Bank’s digital lounges. By integrating humanoid AI into its customer experience ecosystem, Allied Bank aims to further modernize digital lounges and encourage greater adoption of AI-led, assisted banking. This deployment aligns with the Bank’s broader strategy to leverage emerging technologies to deliver efficient, accessible, and customer focused banking solutions.
Related news categories: business comm-banks economic-indicators psx stock-exchanges tech-comm
Related symbols: abl (news stock)

Friday, February 27 2026

5G spectrum auction will be held on March 10
Pakistan’s long-awaited 5G spectrum auction will be held on March 10, 2026, with major telecom operators already depositing USD45 million as advance participation fees, signalling strong industry interest in the rollout of next-generation mobile services. The National Assembly Standing Committee on Information Technology and Telecommunication was chaired by Syed Amin ul Haq, MNA, in which the committee was informed that Pakistan’s long-awaited 5G spectrum auction will be held on March 10, 2026. The briefing was given by the Chairman of the Pakistan Telecommunication Authority (PTA) during the committee’s 21st meeting. The committee was told that Jazz, Ufone and Zong have each submitted $15 million, while multiple spectrum bands will be offered in the auction.
Related news categories: business economic-indicators tech-comm