Global Geopolitical Tensions Sink Hong Kong and China Stocks as Tech Giants Pivot to AI Investment
China and Hong Kong markets faced a significant downturn following geopolitical escalations in the Gulf, while Tencent shares plummeted amid a strategic shift toward increased AI capital expenditure for 2026.
Global Economic Growth Projections for 2026 Show Resilience Amid Shifting Energy Costs and Tech Investment
Fitch Ratings updates the 2026 Global Economic Outlook highlighting steady growth prospects despite potential oil price volatility and changing trade policies in major economies.
Allied Bank Accelerates Digital Transformation and Islamic Banking Expansion
Allied Bank Limited unveils a massive tech-driven strategy for 2026 including artificial intelligence integration and a 5 million debit card milestone.
Emerging Markets Must Gain Greater Influence in Global Economic Governance, Says Pakistan Finance Minister
Pakistan’s Finance Minister Muhammad Aurangzeb emphasizes stronger roles for emerging markets in global economic decision-making, highlighting coordinated policies amid geopolitical tensions and technological change.
Pakistan Can Accelerate Growth Through China’s Expertise in Agriculture, IT, and AI, Says PM Shehbaz Sharif
Prime Minister Shehbaz Sharif emphasizes leveraging China’s technology, expertise, and training to boost Pakistan’s economic growth, focusing on agriculture, IT, AI, and CPEC 2.0 initiatives.
NIBAF Pakistan Hosts Executive Learning Program on Agentic AI, LLMs, and APIs for Financial Sector
NIBAF Pakistan organized a four-day executive learning program to train banking professionals and SBP officers in Agentic AI, LLMs, and APIs, preparing them for leadership in an AI-driven financial ecosystem.
Askari Bank and Systems Limited Lead AI Leadership Insights Session to Shape Future of Digital Banking
Askari Bank partnered with Systems Limited to host an AI Leadership Insights Session, focusing on responsible AI integration in banking. The initiative highlights the bank’s strategy to use AI for enhancing customer experiences, managing risks, and driving operational efficiency in Pakistan’s evolving financial sector.
UAE’s IHC takes majority stake in First Women Bank to modernize Pakistan’s banking landscape
UAE’s International Holding Company has acquired an 82.64% stake in First Women Bank Limited for Rs4.1 billion under Pakistan’s Inter-Governmental Commercial Transactions Act, marking a significant step toward modernizing the bank and boosting bilateral economic cooperation.
wAI Industries Secures $10M Growth Round Led by sAi Capital to Advance AI Swarm OS
wAI Industries raises $10 million in growth capital led by sAi Capital to accelerate development of its swarm-based enterprise AI operating system, strengthening partnerships across Pakistan’s banking ecosystem and expanding global reach.
NIBAF Conducts AI and BI Data Modeling Training to Advance Analytics Capabilities in Pakistan
NIBAF organized a two-day program on “Data Modeling Using AI and BI” in Karachi, led by Irfan Bakaly, to equip professionals with advanced analytics skills and strengthen Pakistan’s digital ecosystem.