Saudi Arabia, Pakistan and Türkiye sign landmark defence pact amid Iran-US tensions
7-August،2026
ISLAMABAD: Saudi Arabia, Pakistan and Türkiye on Friday signed a trilateral defence agreement in Makkah, committing themselves to collective security…
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Armed forces ready to assist NDMA, civil administration in relief operations: CDF Asim Munir
4-August،2026
RAWALPINDI: Chief of Army Staff and Chief of Defence Forces (COAS & CDF), Field Marshal Syed Asim Munir, visited the…
Malik Muhammad Babar Ayyaz Assumes Charge as President & CEO of the Bank of Azad Jammu & Kashmir
4-August،2026
MalikMuhammadBabarAyyazhasassumedchargeasthePresident&ChiefExecutive Officer (CEO) of the Bank of Azad Jammu & Kashmir (BAJK), the other day. A seasoned banking professional with over 27 years of diverse experience in Pakistan's financial sector, Mr. Ayyaz brings extensive expertise in corporate banking, commercial banking,Islamicbanking,SMEfinance,strategicplanning,businesstransformation,and institutional leadership. Prior to joining BAJK, Mr. Ayyaz served for nearly 17 years at TheBankofPunjab(BOP),whereheheldseveralkeyleadershippositionsafterserving atotherprivatebanks.DuringhistenureatBOP,heplayedapivotalroleinrestructuring the Bank's Corporate & Investment Banking and was instrumental in establishing and strengthening its SME & Commercial Banking businesses, contributing significantly to the Bank's growth and strategic transformation. Mr. Ayyaz holds an Executive MBA from the Lahore University of Management Sciences(LUMS),graduatingwithdistinctionandearningaplaceontheDean'sHonour Roll.Hisacademicbackground,combinedwithextensiveleadershipexperience,reflects a strong commitment to excellence and continuous professional development. Speaking ontheoccasionofassuming office, ChiefSecretary AzazdGovt. ofthe State of Jammu & Kashmir & Chairman BAJK, Mr. Khushkal Khan said: “I congratulate the BAJK team on having a professional banker with extensive experience in priority sector lending. We look forward to BAJK's enhanced role in financial inclusion, SME empowerment and taking the bank to the next level. I also see this as an important first step in BAJK's journey towards a nationwide commercial banking license.” President&ChiefExecutiveOfficer,Mr.Ayyaz added: "I am honoured to join the Bank of Azad Jammu & Kashmir at an important stage in its journey of growth and transformation. BAJK has earned a distinguished reputation as the premier state-ownedfinancialinstitutionofAzadJammu&Kashmir,builtonthetrustofitscustomersandthe dedicationofitspeople.TogetherwiththeBoardofDirectors,management,employees,andallour stakeholders, we will work to further strengthen the Bank's financial performance, accelerate digitaltransformation,expandIslamicandSMEbanking,enhancecustomerexperience,reinforce governance and risk management practices, and promote greater financial inclusion across the region. Our focus will remain on innovation, operational excellence, sustainable growth, and creating lasting value for our customers, communities, and the economy of Azad Jammu & Kashmir."
Govt all set to unbundle Sui Northern and Sui Southern under gas sector reform plan
4-August،2026
ISLAMABAD: The government is all set to unbundle Sui Northern Gas Pipelines Ltd (SNGPL) and Sui Southern Gas Company Ltd…
UK Opens Fully Funded Scholarships and Startup Fellowships for Pakistani Students and Entrepreneurs
4-August،2026
ISLAMABAD: The United Kingdom has opened applications for three fully funded flagship programmes aimed at supporting Pakistan’s emerging leaders, researchers…
OGDCL signs deal with Canadian firm to deploy advanced flow assurance technology in heavy oil wells
4-August،2026
ISLAMABAD, Aug 3: Oil and Gas Development Company Limited (OGDCL) has signed an agreement with Canada’s Synergetic Oil Tools Inc.…
Mari Energies Awards Spinwam Gas Deal to UGDCL Under Third-Party Sale Policy, Signalling New Momentum for E&P Investment
3-August،2026
Islamabad: Mari Energies Limited has awarded a contract for the sale of up to 17.5 million cubic feet per day…
Pakistan-China Friendship Remains Strong Despite All Challenges: CDF Asim Munir
1-August،2026
ISLAMABAD: The 99th anniversary of the founding of the People’s Liberation Army (PLA) of the People’s Republic of China was…
UK, Sindh govt engage investors to discuss reforms for improving Pakistan’s investment climate
29-July،2026
Islamabad: The United Kingdom government, in collaboration with the Sindh government, on Wednesday convened a high-level roundtable bringing together British…
Cabinet Approves Refining Policy Amendments to Unlock $5bn Investment, Boost Fuel Exports
28-July،2026
ISLAMABAD: The Cabinet Committee on Energy (CCoE), chaired by Prime Minister Shehbaz Sharif, on Tuesday approved amendments to the Pakistan…
