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Dawlance CEO Discusses İnvestment Experience And Business Environment At Pak-Turk Business Forum

The CEO of Dawlance, Mr. Umar Ahsan Khan, highlighted the company’s expansive business ventures in Pakistan and its remarkable growth.

Islamabad: 28th February, 2025 – The Pakistan-Türkiye Business Forum was recently held in Islamabad, while the President of Turkey – H.E. Recep Tayyip Erdoğan was visiting Pakistan. The Prime Minister of Pakistan – Mr. Shehbaz Sharif also attended this event, along with leading corporate heads, like the Chief Executive Officer of Dawlance, a subsidiary of Beko, one of the largest Turkish investments in Pakistan.

The President of Türkiye – Mr. Erdogan acknowledged the role of “Pakistan-Türkiye Business Forum”, as it is helping in the growth of economic cooperation between the two countries and to pave the way for increased trade and investment. He recognized Pakistan’s strategic location, skilled workforce, and dynamic young population. These factors enable the nation to offer immense opportunities for businesses to expand, innovate, and thrive.

The CEO of Dawlance, Mr. Umar Ahsan Khan, highlighted the company’s expansive business ventures in Pakistan and its remarkable growth over the past eight years since its acquisition by the Turkish multinational, Beko. He stated: “Beko remains deeply committed to investing in Pakistan, not only by bringing advanced technology and industrial expertise but also by fostering innovation and excellence in local manufacturing. With a strong focus on research and development (R&D), cutting-edge production techniques, and global best practices, we are elevating Pakistan’s manufacturing sector to international standards. As a result, the Dawlance high-quality ‘Made in Pakistan’ appliances now meet world-class benchmarks in performance and energy efficiency—strengthening our leadership in the domestic market while also expanding our footprint in global exports.”

Addressing the delegates, Pakistan’s Prime Minister underscored the country’s investment potential, stating that the presence of foreign direct investors in Pakistan stands as a strong testament to the nation’s promising investment landscape. To further attract new Foreign Direct Investment (FDI), the government remains committed to ensuring the timely resolution of challenges faced by investors. He stated that his government’s focus is on fostering policy consistency, strengthening economic documentation, enhancing tax governance, advancing infrastructure development, and creating a business-friendly environment that prioritizes ease of doing business.

The Pak-Turk Business Forum provided a significant platform for strengthening economic ties between the two brotherly nations, as the experts at this high profiled panel discussion, highlighted Pakistan’s vast potential for growth and the critical role of foreign investment in driving economic progress and industrial development. Both countries look forward to further strengthening long term business partnerships with valuable socio-economic contributions that foster sustainable growth and prosperity on a mass scale.

BankIslami Delivers Record 24% Surge in Profit, Strengthens Market Position with Expansion and Digital Transformation

BankIslami’s balance sheet expanded steadily, with total deposits rising 7% year-on-year to Rs. 559 billion.

KARACHI, February 28, 2025 – BankIslami has posted a record-breaking 24.4% rise in pre-tax profit to Rs. 25.5 billion for the year ending December 31, 2024, reinforcing its stature in Pakistan’s Islamic banking sector. Despite economic volatility and shifting regulatory conditions, net profit rose 7.1% to Rs. 11.8 billion.

Upholding its mission of “Saving Humanity from Riba,” the Bank announced a total dividend of Rs. 2.75 per share, comprising a final 12.5% cash dividend alongside a previously declared 15% interim payout.

BankIslami’s balance sheet expanded steadily, with total deposits rising 7% year-on-year to Rs. 559 billion. A notable 18.9% surge in savings deposits and a 9.2% uptick in current deposits pushed the CASA ratio to 65.7%, underscoring strong liquidity and depositor confidence. Gross financing jumped 28.8% to Rs. 327.2 billion, while investments grew 9.9% to Rs. 345.1 billion, reflecting a measured growth strategy. Meanwhile, non-fund-based income (NFI) increased by Rs. 1.3 billion, lifting its share of total income from 7.6% to 9%, broadening revenue streams.

The Bank’s risk management efforts further strengthened its financial position, with the infection ratio improving from 9% to 7.4%, driven by proactive credit risk management and recoveries. At the same time, the Bank’s Capital Adequacy Ratio (CAR) stood at 24.11%, well above the 11.50% regulatory requirement, highlighting its financial strength and stability.

Over the past year, BankIslami launched Pakistan’s largest Islamic banking marketing campaign, amplifying brand presence and customer engagement. The Bank also spearheaded a major technological overhaul,  with the launch of its new Internet and Mobile Banking applications as well as revamping its core banking system to enhance operational efficiency and digital capabilities.

With 540 branches nationwide, BankIslami is expanding accessibility while investing heavily in digital transformation. Looking ahead, BankIslami is poised to deepen its digital footprint, enhance operational efficiencies, and expand its financing and investment portfolios. With robust risk governance and a customer-centric strategy, the Bank remains well-positioned for sustained growth in an evolving financial landscape.

HP Gaming Garage Lab Launched in Pakistan to Boost Gaming Ecosystem

The HP Gaming Garage Lab opening will support Pakistan’s goal to grow its gaming ecosystem as part of its ambitions.

Pakistan, 28 February 2025: HP and NASTP Pakistan in collaboration with M&P have announced the launch of the HP Gaming Garage Lab in NASTP Institute of Information Technology (NIIT) at NASTP Lahore. NASTP is a pioneering organization recognized by the Government of Pakistan as a project of strategic national importance. Led by the Pakistan Air Force, NASTP fosters collaboration between industry, academia, and the government to build a thriving technology ecosystem.

The new lab offers students a chance to explore and develop skills in Esports Management and Game Development, prepping them for careers in the Media, ICT and Esports industries.

HP Gaming Garage is an initiative that promotes and encourages learners from all over the world to gain the skills needed to enter the gaming and Esports industries. The support from HP includes the online Gaming Garage education course platform as well as equipping the new lab at NIIT with HP All-in-One PCs and Victus Gaming Laptops.

The gaming sector has experienced unprecedented global growth over the past decade and has transformed into a mainstream entertainment industry with significant economic, cultural, and technological influence. The estimated number of PC gamers worldwide will reach 909 million in 2026 – the largest segment ahead of console by 33%. Gaming now presents a wealth of opportunities for youth employment and can serve as a catalyst for economic development, skill acquisition, and innovation.

The HP Gaming Garage Lab opening will support Pakistan’s goal to grow its gaming ecosystem as part of its ambitions to transform into a regional technology hub. The collaboration between HP and NASTP in collaboration with M&P underscores the shared commitment and bridges the gap between technology and education. This lab will nurture local talent, paving the way for young developers, esports professionals, and digital creators to contribute meaningfully to the country’s tech-driven future.

Speaking on the occasion, the Chief Guest, Air Officer Commanding Central Air Command, Air Vice Marshal Muhammad Asim Rana SI (M) said: “Gaming and Esports are no longer just hobbies; they are a significant part of the global digital economy. However, to tap into this potential, there is a need to develop the right skills, infrastructure, and ecosystem.” Highlighting the importance of collaboration and partnerships, he encouraged all stakeholders to continue working together to make this initiative a success.

Nawaz Dhanji, Country Business Manager, Pakistan, HP Inc, said: “We are excited to collaborate with our authorized distributor M&P on the opening of HP Gaming Garage in Pakistan. At HP, we believe that equitable access to education for young people is key for digital equity. The free Game Development and Esports Management courses available through the HP Gaming Garage curriculum provide a platform for all to enhance their skills and thrive in the digital economy.”

Kamran Nishat, CEO & Managing Director of M&P, emphasized the importance of this initiative, stating: “The launch of HP Gaming Garage at NASTP marks a significant milestone in the development of Pakistan’s gaming ecosystem. By providing world-class technology and learning opportunities, we aim to equip young talent with the skills necessary to thrive in the digital economy. This collaboration reinforces our commitment to fostering innovation and supporting Pakistan’s transformation into a regional tech hub.”

 

Zong 4G and MC Sol Forge Partnership to Strengthen Enterprise Connectivity

The signing ceremony was attended by senior representatives from both organizations, marking a significant step towards expanding.

Islamabad, Pakistan – February 28, 2025 – Zong 4G, Pakistan’s leading digital and connectivity provider, has signed agreement with MC Sol to enhance high-speed internet access in the Faisalabad Region. Through this strategic collaboration, Zong 4G has equipped MC Sol with a comprehensive suite of advanced connectivity solutions, ensuring seamless, high-speed, and reliable network performance. By leveraging Zong’s cutting-edge technologies and extensive service portfolio, this partnership enhances digital infrastructure to operate with greater efficiency, scalability, and uninterrupted connectivity.

The signing ceremony was attended by senior representatives from both organizations, marking a significant step towards expanding digital services for enterprises in Faisalabad. By integrating Zong 4G’s advanced solutions with MC Sol’s robust network, the partnership aims to deliver superior connectivity with quick and efficient customer onboarding.

The signing ceremony was attended by senior representatives from both organizations, marking a significant step towards expanding.

Muhammad Farooq Raza Khan, Head of Zong Business Solutions, Zong 4G, highlighted the impact of the collaboration:

“This partnership strengthens our ability to serve enterprise customers with enhanced network reliability and higher speeds. By utilizing MC Sol’s expertise, we are ensuring businesses in Faisalabad have the connectivity they need to thrive in an increasingly digital world.”

Nadeem Aftab Sindhu, CEO of MC Sol, expressed his enthusiasm for the partnership:

“We are pleased to join hands with Zong 4G to enhance internet connectivity for businesses. Our technical capability, combined with Zong 4G’s technological expertise, will provide a seamless and high-speed network experience to enterprise customers.”

The partnership between Zong 4G and MC Sol reinforces a shared vision for digital transformation, ensuring that businesses in Faisalabad have access to world-class connectivity solutions to drive efficiency, innovation, and growth.

Payoneer Reports Record Q4 & Full-Year 2024 Revenue, Surpasses $80B in Volume

Payoneer received regulatory approval in China to complete its acquisition of a licensed China-based payment service.

Lahore, February 28, 2025: Payoneer (NASDAQ: PAYO), a global fintech leader empowering small and medium-sized businesses (SMBs) to expand globally, has reported record-breaking financial results for Q4 and full-year 2024. The company achieved 20% growth in revenue (excluding interest income) and delivered three consecutive quarters of positive adjusted EBITDA, further solidifying its position as a key player in the cross-border payments and commerce-enablement space.

Key Highlights from Q4 and Full-Year 2024 Results:

Record Revenue & Profitability: Payoneer delivered its highest-ever quarterly and annual revenue, achieving 20% growth in revenue excluding interest income.
Total Volume Growth: The company processed a record $80 billion in total payment volume, representing a 21% increase year-over-year.
B2B Expansion: B2B volume surged by 42% year-over-year, showcasing strong momentum in Payoneer’s efforts to facilitate seamless cross-border transactions for businesses worldwide.

Ideal Customer Profile (ICP) Growth: Payoneer saw an 8% increase in its active ICPs, with volume and revenue from customers transacting over $10,000 increasing by over 20% for the full year.

Strategic Expansion in China: Payoneer received regulatory approval in China to complete its acquisition of a licensed China-based payment service provider, a move expected to enhance its global reach and capabilities when finalized in the first half of 2025.
Stock Performance: Payoneer’s share price surged over 80% year-over-year, making it one of the top-performing fintech stocks in 2024.

John Caplan, CEO of Payoneer, remarked, “2024 was a defining year for Payoneer. We achieved new records for annual volume, revenue and profitability, saw exceptional volume and revenue growth with B2B SMBs, drove increased adoption of our high value products and expanded our financial stack. These achievements are proof of our scalable, increasingly profitable business model, the size of our opportunity and the strength of our execution. Looking ahead to 2025, we will focus on expanding our regulatory moat, modernizing our technology infrastructure and further enhancing our financial stack, while seeking to deliver continued strong growth and profitability.”

As Payoneer continues to expand, SMBs in Pakistan stand to benefit from seamless access to global markets, enabling them to collect payments from customers in the United States, United Kingdom, UAE, Canada, Japan, and beyond. With its consistent growth trajectory, Payoneer remains uniquely positioned to empower Pakistan’s digital economy and drive international business expansion for local entrepreneurs and enterprises.

Here’s the Most Popular Way to Get Dubai’s Golden Visa

Source: Dubai Traveller

The UAE Golden Visa is still the most coveted residency option, especially by property investment. The visa provides a 10-year residence to investors, business owners, high-skilled professionals and exceptional students, with the most favoured path being real estate investment.

Property Investment: The Key to Residency

One of the simplest methods of obtaining the Golden Visa is through investing in property for Dh2 million or more. The abolition of the 50% payment demand in early 2024 made this route more attractive. Now, buyers have the option of securing their visa without paying a half price deposit on the property, making it more popular, especially for off-plan projects where payment plans can be flexible.

Here's the Most Popular Way to Get Dubai's Golden Visa
Here’s the Most Popular Way to Get Dubai’s Golden Visa

Property brokers report an influx of transactions during the early parts of 2025, more so in Abu Dhabi and Dubai, as buyers capitalise on the ease of acquiring a visa. Incentive offers like minimal down payments and longer installment durations have also supported demand.

Expanding Interest to More Than Just Investors

The property purchaser still tops the list of beneficiaries but other groups can also take advantage of the Golden Visa. They are:

Skilled Professionals: Individuals with high salaries in fields such as healthcare, technology and engineering are eligible.

Retirees: Older residents looking for long-term stability in the UAE.

Top University Graduates: A GPA of 3.5 or higher from accredited universities can make students eligible, provided they receive a recommendation letter.

Here's the Most Popular Way to Get Dubai's Golden Visa
Source: Brightlink Consulting

The Future of Dubai’s Real Estate Market

Industry experts predict that the Golden Visa programme will continue to be a driving force in Dubai’s booming real estate market. As the UAE strengthens its position as a global business and lifestyle hub, demand for long-term residency will likely remain high.

Read More: Dubai Islamic Bank Partners with Nestlé Professional to Enhance its Customer Experience 

For individuals seeking stability, security and investment, the Dubai Golden Visa provides an unparalleled package of benefits. Whether investor, professional, or student, this visa grants access to long-term residence in one of the world’s most vibrant cities.

Stay tuned to Brandsynario for latest news and updates

Gene Hackman’s Death Might Allegedly be Connected to Carbon Monoxide Poisoning

Gene Hackman’s Death Might Allegedly be Connected to Carbon Monoxide Poisoning

Authorities are probing the suspicious deaths of acting legend Gene Hackman, 95, and his wife, classical pianist Betsy Arakawa, 65. The pair, along with one of their dogs, were discovered dead in their Santa Fe, New Mexico residence. The situation appears suspicious and a further investigation is underway.

Unfolding Details

Initially, the officials suspected poisoning from carbon monoxide. The New Mexico Gas Co. was brought in to assist with the investigation, but the latest development contradicts this hypothesis. A newly issued search warrant confirms prescription medication pills littered around Arakawa’s body. Hackman and Arakawa did not have any apparent injuries. There was no suicide note, either, contributing to the puzzle.

Gene Hackman’s Death Might Allegedly be Connected to Carbon Monoxide Poisoning
Gene Hackman’s Death Might Allegedly be Connected to Carbon Monoxide Poisoning

Arakawa’s body exhibited mummification in her hands and feet, indicating they had been dead for a while prior to discovery. Hackman was found in the mudroom, fully dressed, with a cane next to him. This caused police to wonder if he had experienced a sudden fall. Arakawa was discovered close to a space heater in the bathroom, which could have fallen over.

No Evidence of Gas Leaks

Although there was initial suspicion, investigators did not find gas leaks . The firefighters checked the residence but found no traces of carbon monoxide poisoning. Due to the nature of the incident, authorities have deemed the case suspicious and are investigating it thoroughly.

Read More: Consumers in US to Hold 24-Hour Economic Blackout on Friday

Friends and Family React

Their deaths shocked the neighbourhood. Arakawa was interviewed in January by longtime friend Barbara Lenihan. Hackman, she said, had gotten more frail but stayed active. “They always remained by themselves, yet everyone cherished them,” she added.

Gene Hackman’s Death Might Allegedly be Connected to Carbon Monoxide Poisoning
Source: Forbes

Hackman’s daughter, Elizabeth Jean Hackman, spoke to TMZ that at first the family suspected carbon monoxide poisoning but was still unsure. Autopsy reports will provide more insight into what actually occurred within the remote Santa Fe residence.

A Legacy Remembered

Gene Hackman, a two-time Academy Award-winning actor, appeared in such classics as The French Connection and Unforgiven. He hung up his Hollywood hat in 2004 and spent the latter part of his life in New Mexico with Arakawa, whom he wed in 1991. The probe persists as police seek to determine the motive for this heartbreaking tragedy.

Stay tuned to Brandsynario for latest news and updates

How to Register a Company in Pakistan?

How to Register a Company in Pakistan?

The Companies Act of 2017 governs company registration in Pakistan and provides information about the formation and operation of a business. The Securities and Exchange Commission of Pakistan (SECP) can register companies. SECP controls company formation, compliance and oversight, and also gives licenses to businesses. Company registration is also known as SECP company registration. SECP has Company Registration Offices in Islamabad, Karachi, Lahore, Peshawar, Quetta, Multan, Faisalabad and Gilgit.

Why is Pakistan the Ideal Hub for Regional Business Expansion?

Pakistan’s strategic location at the crossroads of South Asia, the Middle East and Central Asia provides enterprises with unprecedented access to a broad regional market. The nation’s dedication to digital transformation and trade-friendly legislation creates a dynamic environment for growth. With affordable operating expenses and an emphasis on innovation, Pakistan provides firms the tools and opportunities to compete in the global business climate.

How can You Register Your Company in Pakistan?

If you plan to register a business in Pakistan, you should be well-prepared before beginning the procedure. Making an informed selection can help you save time and money, and avoid failure.

Company registration in Pakistan reinforces your identification and increases the legitimacy of your firm. If you register your business in Pakistan, potential consumers will perceive you as a legal corporation. It also attracts private investors and sponsors. Meanwhile, a bank will not open a business account for your company if it is not registered with SECP.

Types of Legal Companies in Pakistan

  • Private Limited Company
  • Single Member Limited Company
  • Public Limited Company

Private Limited Company

In Pakistan, private limited companies are a popular business structure. Owning a private company is legal if you follow the proper procedure of establishing your company. Foreign investors can establish a corporation in Pakistan but must have at least two shareholders. Any foreign nationality (except Israel) can establish a private corporation by following the procedure.

One key criterion for registering a Pvt Ltd company in Pakistan is that the registration address must be in Pakistan. Furthermore, creating a limited liability business takes about six weeks on average. The Pvt Ltd company registration in Pakistan must also be approved by the Board of Investment and cleared by the Ministry of the Interior.

How to Register a Company in Pakistan?

Read More: How to Start a Print on Demand Business in Pakistan

Single Member Limited Company

Anyone can form a single-member corporation in Pakistan. A private organisation with only one director is known as a single-member company, or “SMC.” This means that only one man has the authority to restrict liability.

Since the introduction of the concept of a single-member corporation, small businesses have found it easier to obtain corporate status, which enables them to limit their owners’ liability.

A single director owns all of the shares. Still, the individual must designate two people: one will be the nominee director in case of a single member’s death or incapacity, and the other will be the alternate nominee director. The Single-Member Company is also expected to designate a company secretary.

Public Limited Company

The Corporations Ordinance of 1984 governs the registration of public limited corporations in Pakistan. Public limited firms come in two different forms.

  • Listed Companies

Before a listed public business may offer its shares to the public and sell them on the stock market, it must have a minimum of seven directors. A company must fulfill the listing standards of the Pakistan Stock Exchange to be listed on it.

  • Unlisted Companies

Three or more people who wish to launch a business that will sell shares to the general public can organise a public corporation. A public company may sell its stock to the general public but must adhere to specific regulatory criteria. An unlisted company must have at least three directors to be incorporated. Although shares cannot be sold on the stock exchange, an unlisted firm may issue them to the public over the counter.

Considerations for Company Registration

Consider the following points before registering a company:

  • Industry/Sector of your choice

Before registering a company in Pakistan, conduct thorough market research to identify profitable industries based on area, products and delivery channels. Evaluate competition, entry and capital requirements to ensure a smooth start and scaling for a successful business venture.

  • Investment Amount

After conducting market research, the next stage is to think about how much money you wish to raise. A small quantity or a large burst could be your starting point. However, it would be wise to start modestly and expand gradually. It is not advisable to push all the money at once. Before you grow, see if you can perform well.

  • Type of Company

Consider the market and investment before company registration in Pakistan. There are three types: Single Member Company (SMC), Private Limited Company registration in Pakistan and Public Limited Company. However, if you wish to keep the business within your immediate family or group of friends, a private company is an excellent option. Rather, you must choose a public corporation if you intend to grow the business in the future with public funding.

  • Name of the Company

Your company needs a unique name that aligns with its principal business line. Use SECP Company Name Search for a suitable name and consider factors when choosing, as copying another’s name can lead to issues.

Searching for an SECP company name may not be enough to determine if a name is a trademark in Pakistan. Other businesses with similar names may exist in different forms of business. Conducting a trademark search before choosing a name for your company is crucial to avoid losing valuable assets.

  • Capital Structure

Before business registration in Pakistan, consider the company’s capital structure, which includes authorised capital (Nominal Capital) and paid-up capital (Shareholder Capital). Choose the appropriate amount for each share and ensure everyone subscribes to a specific number of shares. The authorised capital should align with business plans, with higher amounts recommended for future expansion.

  • Required Licenses/Approvals

Despite being free to start a business in Pakistan, certain activities, such as banking, security services and financing, require a license from the relevant ministry/department. It’s crucial to check licensing requirements before registering a company.

  • Applicable Laws

Business is a legal activity requiring expert input and legal implications. It’s crucial to check labour/employment laws and understand business laws, especially when dealing with money. A lawyer can guide you through each step of a risk-free business.

  • Tax Liabilities

Tax implications for companies in Pakistan include income, sales and other financial liabilities. To avoid these, consider hiring a tax consultant to advise on your company’s bookkeeping practices, accounting and tax.

  • Compliance Requirements

Evaluating your company’s compliance obligations before company registration in Pakistan is crucial, as each company may have varying requirements and specialised programmes.

What is the Price of Business Registration in Pakistan?

Name Reservation Fee: Before registering your firm, you must reserve its name with the Securities and Exchange Commission of Pakistan (SECP). The charge for online submission is PKR 200, whilst physical submission is PKR 500.

Incorporation fee:  The incorporation charge is based on your company’s authorised capital:

  • For authorised capital of up to PKR 100,000:
  • Online submission costs PKR 1,800.
  • Physical submission costs PKR 3,500.
  • For every additional PKR 100,000 of permitted capital up to PKR 10 million, the fee is PKR 500 for online and physical filings.
  • For authorised capital over PKR 10 million, there is a PKR 250 fee for every extra PKR 100,000.
  • Additionally, a Digital Signature Certificate (DSC) is required. Obtaining a DSC is required for online registration. The pricing varies by service but normally ranges between PKR 1,000 and PKR 2,000.

Documents Required for Company Registration in Pakistan

In Pakistan, documents are required for incorporation and registration of  a new business:

  • Copy of CNIC of directors/subscribers
  • Memorandum of Association
  • Article of Association

Step-by-Step Guide for Company Registration in Pakistan

Company registration in Pakistan with SECP is critical; however, we’ve created a quick and easy step-by-step tutorial for registering your business in Pakistan. Here’s how to get started:

  • Step One: Approval of the Company Name

The first step in establishing a business registration in Pakistan is choosing a company name. It is essential to come up with a distinctive name that will help you stand out from the competition. Additionally, be careful not to use another organisation’s precise name.

If the chosen name doesn’t appear in the results, it may be available for registration. File an application for name reservation using Form App-1 and submit all necessary documents within 60 days. If the name isn’t available, you can apply for the same one.

  • Step Two: Application for Incorporation of Your Company

After the company name has been approved, the next step is to submit the necessary paperwork to the Securities and Exchange Commission of Pakistan (SECP).

There are two ways to send the documents to the relevant CRO. You have the option to submit the documents in hard copy or electronically. Online filing, however, is more practical and less expensive.

  • Step Three: Document Submission

A firm’s incorporation requires the promoters’ identity documents, a memorandum of association and articles of association. The company’s fundamental document, which includes details about its name and primary business, is a memorandum of association. It also consists of the allowed capital, the members’ liability limit and the province’s name, where its registered office will be.

You must submit your application using Form-1, which contains all of the company’s information, including its capital structure, registered office address, promoters, directors, shareholders, CEO and a declaration.

  • Step Four: Incorporation Certificate

The Articles of Association, a document that regulates the company’s internal business practices, are equally significant. It offers legal rules for how the business will operate as a whole. It covers various topics, such as the number of directors, the election process and their responsibilities.

Additionally, it specifies how shares are issued and transferred, meetings are held, books of accounts are kept, audits are conducted and dividends are paid. Above all, for this document to be considered legitimate, it must adhere to the Act.

The SECP reviews the materials upon submission and verifies their legitimacy twice. Digital signatures issued by the National Institutional Facilitation Technologies (NIFT) are accessible via the SECP. The higher authority must also issue the certificate of incorporation. A presentation for the corporation might be necessary. However, this is dependent on the company’s history.

  • Step Five: Subscription Page

Above all, all promoters must sign the Memorandum of Association and the Articles of Association. A table on this separate page mentions names, family names, nationalities, residence addresses and vocations. Finally, the quantity of shares subscribed by the proposed group is disclosed.

  • Step Six: Declaration

Finally, one of the promoters will sign a declaration attesting to the accuracy of the data and contents of the documents.

  • Step Seven: Deposit of Shares

Last but not least, you must pay the required incorporation charge. The amount of Authorised Capital determines the incorporation fee. The cost will increase as the quantity of Authorised Capital increases. Additionally, there is a cost for submitting the forms along with the incorporation application.

After the company registration is completed, the shareholders must deposit their shares in the company’s bank account in the requisite amount.

  • Step Eight: Registration of Income, Sales and Professional Taxes

The Federal Board of Revenue (FBR) must be registered and a national tax number (NTN) must be given before company registration in Pakistan. Depending on requirements, a sales tax registration number can be granted. 

Business Advantages of Registering your Company in Pakistan

Pakistan is increasingly becoming a global commercial hub with distinct characteristics that make operations easier for HR leaders and decision-makers.

  • Maximise profits with one of the region’s lowest operational and personnel costs.
  • Obtain tax breaks and incentives in special economic zones (SEZs).
  • Reach out to over 240 million consumers in a rapidly expanding market.
  • With clear legislation and an increasing digital infrastructure, you can operate confidently.
  • Use Pakistan’s strategic location to conduct trade throughout South Asia, Central Asia, and the Middle East.
  • Create teams rapidly by utilizing the availability of talented individuals in technology, manufacturing, and other fields.

So if you want to register a company in Pakistan, follow the above guide, make sure you abide by all the regulations and enjoy the fruit of your hard work,

Stay tuned to Brandsynario for the latest news and updates.

Salman Butt Slams Sensationalism: “Intent Alone Won’t Win Matches!”

why-was-salman-butt-removed-from-his-role-as-consultant

The intent vs. strike rate debate has been making waves in Pakistan cricket lately, with many pushing for a more aggressive approach. But former captain Salman Butt isn’t impressed. Instead of focusing on just intent, he believes the real conversation should be about skill, capability, and proper execution.

In a recent video on his YouTube channel, Butt made some bold statements, taking a swipe at analysts and social media figures who, in his view, prioritize sensationalism over genuine cricketing insight.

Let’s break it down.

“Intent Without Skill is Like Wanting a Rolls-Royce Without Money”

Salman Butt doesn’t dismiss intent entirely, but he thinks it’s the result of a player’s progress, not the starting point.

“When a player develops the skill to play a single delivery in multiple areas and reaches a high level of competence, only then does the conversation around intent and execution hold value.”

To drive his point home, he used a spot-on analogy: “I may have the intent to buy a Rolls-Royce, but if I don’t have the money, can I buy it? No. Similarly, intent alone is not enough in cricket; skill and capability must come first.”

In simple terms: you can’t just “intend” to be a great batter—you have to work for it.

“TRPs Over Truth?” Butt Calls Out Media Gimmicks

One of Butt’s biggest frustrations is how certain TV analysts and social media personalities twist narratives just to get views.

“Who are the people driving this narrative in Pakistan? Are they highly educated or deeply knowledgeable about the game? No. 99.9% of them are people making such statements only for TRPs and as a selling point.”

According to him, these so-called experts act overly emotional, exaggerate claims, and say whatever it takes to create hype—all because drama gets more engagement.

“Their goal is to appear as if they care more about the team than anyone else because that’s what generates views—and views bring money.”

It’s a harsh but valid take. Many former players and media personalities often go overboard in their criticism, focusing on controversy over constructive discussions.

While Salman Butt acknowledges that criticism is necessary, he believes that ex-players and analysts should back up their words with real action.

“If you’re a former player, take action. Go somewhere and show your words through action. Work beyond your personal gains—just talking won’t be enough.”

Basically, instead of just complaining on TV or social media, why not help develop young talent?

Respect vs. Criticism: Where’s the Line?

Salman Butt made a clear distinction between accountability and humiliation. While players should be held responsible for poor performances, they shouldn’t be disrespected.

“Players are an easy target—it’s fine to criticize their game and highlight their shortcomings, but don’t humiliate them in front of the people.”

He reminded everyone that past legends were respected, and today’s players deserve the same.

“The legends of the past were given their due respect, and today’s players deserve the same. Criticize, but do so with decency.”

Salman Butt’s comments come at a time when Pakistan cricket is facing intense scrutiny over its batting approach. The call for aggression and higher strike rates is valid, but as Butt points out, that’s only part of the story.

Stay tuned to Brandsynario for the latest news and updates.

Hotels in Makkah and Madinah Prepare for Ramadan Pilgrims

Hotels In Makkah And Madinah Prepare For Ramadan Pilgrims

Hotels in Makkah and Madinah are gearing up to host millions of pilgrims during Ramadan, decorating their spaces and enhancing services to immerse guests in Saudi culture.

Mohammed Haris, a pilgrim from India, described his annual Ramadan visits as spiritually unique, appreciating the sacred atmosphere of the holy cities.

Elaf Al Taqwa Hotel in Madinah, near the Prophet’s Mosque, has launched Ramadan initiatives like daily azan calls, dua recitations and curated menus for iftar and sahoor. General Manager Hussain Rauff highlighted the hotel’s goal of creating a spiritually enriching environment, complete with a Ramadan bazaar, prayer mats, Islamic books and a traditional seating area with Saudi coffee and local delicacies. The hotel also keeps its gym open and offers guided historical tours of Madinah.

Read more: Ramadan in Saudi Arabia to Begin on March 1, 2025

In Makkah, the Elaf group of hotels, located close to the Grand Mosque, is preparing for an influx of pilgrims. Hassan Khaleel, Regional Director for Makkah operations, stressed their commitment to enhancing pilgrims’ spiritual journeys. The Address Jabal Omar Makkah now features a direct walkway to the Grand Mosque and serves a large iftar buffet with traditional Saudi dishes.

Frontel Al Harithia Hotel in Madinah is focusing on providing a special suhoor experience, while Ahmed Zahrani offers tours to sacred sites in Makkah, including Jabal Al-Rahmah, Namira Mosque and Muzdalifah.

Zeyad Labban, Managing Director of Maad International Hajj and Umrah Services, shared their dedication to supporting pilgrims with comprehensive services, including accommodations, transportation and historical site visits, ensuring a smooth and meaningful Ramadan experience.

Stay tuned to Brandsynario for latest news and updates.

Tired of Listening to Voice Messages? Now WhatsApp Lets You Read Them

Tired of Listening to Voice Messages? Now WhatsApp Lets You Read Them

WhatsApp message transcriptions are now available worldwide with a select range of languages supported.

The goal of this recent WhatsApp update, which started rolling out globally, is to improve the user experience, particularly in circumstances where listening to audio is impractical or impossible.

Originally unveiled in November of last year, the audio message transcription feature uses on-device processing to protect user privacy while the transcription is being done. In the upcoming weeks, users will have complete access to the WhatsApp feature, which is being rolled out gradually.

Read More: Apple Glitch Causes ‘Trump’ to Appear when Dictating ‘Racist’ in Voice-to-Text Feature

Right now, the feature has multiple languages such as English, Spanish, Portuguese and Russian. However, certain regions, including South Asia, do not yet have full support for local languages, such as Urdu or Hindi.

To activate this setting, you need to ensure that you have the latest version of WhatsApp. Go to Settings>Chat>Voice Message Transcriptions and enable the option.

Stay tuned to Brandsynario for latest news and updates.

PSL 10 is Coming: Full Schedule, Venues, and What to Expect!

psl-10-clash-with-ipl-opposed-by-franchises-pcb-announces-local-player-category-renewals-for-psl-10-schedule

Get ready, cricket fans! The Pakistan Super League (PSL) is turning 10 this year, and the upcoming season promises to be bigger and better than ever. The PCB has officially revealed the schedule, and we’re all set for an action-packed tournament starting April 11, 2025.

With 34 thrilling matches spread across four major cities, the tournament will feature some of the best local and international cricketers. Plus, there’s an exciting exhibition match in Peshawar before the main event kicks off.

Here’s everything you need to know about PSL 10!

Kickoff: Islamabad vs. Lahore in Rawalpindi

The season opener is a blockbuster clash between defending champions Islamabad United and two-time winners Lahore Qalandars. The match will take place at Rawalpindi Cricket Stadium on April 11—a perfect way to start the tournament with a bang!

Karachi Kings, the PSL 5 winners, will begin their campaign a day later, taking on Multan Sultans at the National Bank Stadium in Karachi.

Meanwhile, Lahore fans will have to wait until April 24 to see their home side in action, when Lahore Qalandars face Peshawar Zalmi at the iconic Gaddafi Stadium.

PSl-10-schedule

Venues and Matches: Where the Action Will Happen

This year, PSL matches will be hosted in four cities:

🏏 Lahore – Gaddafi Stadium (13 matches, including the final & Eliminators)
🏏 Rawalpindi – Rawalpindi Cricket Stadium (11 matches, including Qualifier 1)
🏏 Karachi – National Bank Stadium (5 matches)
🏏 Multan – Multan Cricket Stadium (5 matches)

The PSL 10 Final will be held at Gaddafi Stadium on May 18.

Peshawar to Host an Exhibition Match

Here’s something exciting! Before the tournament officially begins, a special exhibition match will take place on April 8 in Peshawar. The teams for this match will be announced soon, but this is a huge step for cricket fans in Peshawar. The city has a deep love for the game, and this match is a great way to bring top-tier cricket back to Khyber Pakhtunkhwa.

PSL 10: A Celebration of a Decade of Cricket

With high-profile international stars and Pakistan’s best cricketing talent, PSL 10 is shaping up to be an unforgettable season.

PSL CEO Salman Naseer summed it up perfectly:

“The PSL has grown into a globally recognized tournament over the past decade. Fans can expect 34 high-octane matches, and we remain dedicated to making this season even better for players, fans, and stakeholders.”

So, get your jerseys ready, mark your calendars, and prepare for some thrilling cricket. PSL 10 is just around the corner!

Stay tuned to Brandsynario for the latest news and updates.

Ahmed Shehzad Blasts PCB After Pakistan’s Champions Trophy Exit

ahmed-shehzad-calls-out-dhoka-cup-selection-process-ahmed-shehzad-calls-out-pcb-over-psl-10-draft-controversy

Pakistan’s early exit from the ICC Champions Trophy 2025 has left fans frustrated, but no one seems more furious than Ahmed Shehzad. The outspoken batter didn’t hold back in his criticism of Pakistan’s cricket system, launching a scathing attack on the Pakistan Cricket Board (PCB), team selection, and internal politics.

In a fiery interview, Shehzad made some bold claims, questioning the lack of merit-based selections, accusing senior players of forming cliques, and calling PCB’s so-called reforms a sham. His message? If Pakistan cricket doesn’t change, the team will keep failing.

“Selection Isn’t About Performance, It’s About Connections”

Shehzad believes Pakistan’s selection process is flawed. He didn’t mince words when he said that young, deserving players are ignored while those with the “right contacts” get a free pass.

“I’ve seen it firsthand. The PCB says selections are based on performance, but that’s not true. If you don’t have the right contacts, you don’t stand a chance,” Shehzad stated.

This isn’t a new accusation, but hearing it from a former national cricketer makes it all the more alarming. If true, it means that Pakistan’s best young talents might never get a fair shot at representing their country.

A Senior Players’ Monopoly?

Ahmed Shehzad also took aim at a group of six to eight senior players, accusing them of manipulating team selection. According to him, these players control the squad and make sure their “friends” stay in the team—even if they are out of form.

“There’s a group of seniors who have too much influence. They make sure only their close friends get selected. As a result, talented young players are left out while underperforming veterans stay in the team,” Shehzad revealed.

If these allegations are true, it’s a damning indictment of Pakistan cricket. How can the team progress if personal friendships matter more than performance?

PCB’s “Surgical Reforms” Are Just for Show

After Pakistan’s disastrous World Cup 2023 campaign, the PCB promised major reforms. But Shehzad believes these changes were nothing more than damage control.

“The PCB has made a few token changes—firing a selector, making some players scapegoats—but the system hasn’t changed. The same internal politics still exist, and nothing will improve unless real changes are made,” Shehzad argued.

He also criticized former cricketers-turned-analysts, accusing them of defending the system instead of exposing its flaws.

“They are being paid to defend the system rather than speak the truth. They are supposed to help Pakistan cricket, but all they do is maintain the status quo,” he added.

Domestic Cricket: A Talent Graveyard?

Ahmed Shehzad also slammed Pakistan’s domestic cricket, claiming that talent is overlooked in favor of players with influential backers.

“Young, talented players who don’t have the right connections are ignored. We have some of the best talent in the country, but it’s never given a chance to shine because of favoritism,” he stated.

This is one of the biggest complaints about Pakistan’s domestic system—players who dominate domestic tournaments are often ignored, while those with “support” find their way into the national team.

“It’s Time for Accountability”

Ahmed Shehzad ended with a powerful message—Pakistan cricket needs serious reforms. He called for transparency in selection, an end to favoritism, and a system where performance matters more than politics.

“We’ve supported this team for too long. It’s time for accountability. If you keep backing the same underperforming players, you can’t expect different results. There are young players who can turn things around, but only if they are given a fair chance,” he concluded.

With Pakistan finishing last in their group after losing to India and New Zealand, it’s clear that something is terribly wrong. But will the PCB listen? Or will Shehzad’s words, like many before him, fall on deaf ears?

Stay tuned to Brandsynario for the latest news and updates.

Special Team Formed to Investigate Mustafa Amir’s Murder

Special Team Formed to Investigate Mustafa Amir’s Murder

A special investigation team has been formed to investigate the kidnapping, brutal torture and murder of Mustafa Amir.

Mustafa Amir was abducted from Defence on January 6, taken to Balochistan and tortured and killed by his friends.

Karachi police chief Javed Alam Odho confirmed the special team’s formation in a recent notification. DIG CIA Muqaddas Haider leads the team, with SSP Irfan Bahadur, SSP Anil Haider, SSP Qais Khan, SP Aleena Rajper and SP Azhar Javed as members.

Read more: SHC Approves Remand of Armaghan in Mustafa Amir Murder Case

The team aims to capture the prime suspect, Armaghan, along with his accomplices and others linked to drug trafficking too.

On Thursday, an anti-terrorism court (ATC) extended the physical remand of Armaghan Qureshi and Shiraz for five days. The court also ordered a medical examination after Armaghan claimed he was tortured and denied access to a washroom for ten days during the hearing.

Sindh Chief Minister Murad Ali Shah called top police officials to CM House for a detailed briefing on the investigation.

Stay tuned to Brandsynario for latest news and updates.

Use of AI for Water Resources Management Discussed in Lahore

Use of AI for Water Resources Management Discussed in Lahore

To promote innovation by investigating the potential of artificial intelligence (AI) in enhancing the water resources sector, the Water and Power Development Authority (Wapda) hosted a one-day conference on Thursday on the application of AI for planning and management of water resources.

The conference was attended by researchers and students belonging to various universities across the country, including NUST, GIKI, FAST, UET Lahore, LUMS, etc.

The participants engaged in meaningful conversation about how AI can transform the utilisation of water resources in Pakistan.

Read More: Abu Dhabi Crown Prince Arrives in Islamabad for First Official Visit

Water resources are fundamental to our existence, and AI can offer unprecedented capabilities for analysis, prediction and management, forever-changing our approach to water-related issues. AI can be utilised to enhance decision-making, improve water efficiency, optimise dam operations and maximise hydropower generation, promoting sustainable development.

Stay tuned to Brandsynario for latest news and updates.

Committee to Meet Today for Ramadan Moon Sighting

Committee To Meet Today For Ramadan Moon Sighting

The Central Ruet-e-Hilal Committee will meet in Peshawar today (Friday) to sight the Ramadan moon. Although the Pakistan Meteorological Department (PMD) announced the sighting would be unlikely because of today’s cloudy weather.

The committee, led by Maulana Abdul Khabeer Azad, will gather at 6:30 p.m. on February 28 after the Asr prayer. Religious scholars from different schools of thoughts will join the central meeting. Zonal committees will meet in their respective areas to assess moon sighting reports.

Read more: Ramadan in Saudi Arabia to Begin on March 1, 2025

The Met Office forecasts partly cloudy weather across Khyber-Pakhtunkhwa, including Peshawar. At sunset, the moon will be around 12 hours old, with a five-degree angle from the sun, making it harder to spot.

The committees will carefully review all reports before announcing the start of Ramadan.

Stay tuned to Brandsynario for latest news and updates.

Zakat Deduction on Bank Accounts for Ramadan 2025 Announced

Zakat Deduction on Bank Accounts for Ramadan 2025 Announced

The Zakat Nisab for 2025, which details the deduction threshold for bank accounts, was issued by the Ministry of Poverty Alleviation and Social Safety.

The new regulations state that Zakat will be deducted from accounts with a balance of Rs179,689 or more on the first day of Ramadan, which falls on March 1 or 2, 2025. While current accounts will be exempted, Zakat will be deducted from savings accounts and other similar accounts.

Accounts with a balance lower than Rs179,689 on the first day of Ramadan will not be subject to Zakat deduction.

Read More: Ramadan Incoming: 5 tips to Boost your Wellbeing and Energy Levels while Fasting

Earlier, Dr. Raghib Hussain Naeemi, the chairman of the Islamic Ideological Council, had already declared the rules for this year’s Fitrana (almsgiving) and Roza Fidya (compensation for missed fasting).

According to the council’s recommendations, a minimum of Rs220 per person should be paid as Fitrana based on wheat, while those opting for other forms of food products like dates, raisins, or dried apricots will be required to pay varying amounts.

Stay tuned to Brandsynario for the latest news and updates.

Consumers in US to Hold 24-Hour Economic Blackout on Friday

Consumers in US to Hold 24-Hour Economic Blackout on Friday

A grassroots organisation is urging Americans to refrain from spending any money on Friday to protest what the group’s founder believes to be the destructive impact of billionaires, large businesses and major political parties on the lives of working Americans.

The People’s Union USA is calling this protest and Economic Blackout, a term that has since been shared and debated on social media.

In opposition to President Donald Trump’s plans to eliminate all government DEI programmes and regulations, other activists are already planning boycotts to express disapproval of businesses that have cut back their diversity, equality and inclusion efforts.

Read More: Michelle Trachtenberg, Gossip Girl and Buffy Star, Dies at 39

Who is Behind the Boycott?

The Economic Blackout is organised by People’s Union USA, which was founded by John Schwarz, a meditation teacher who lives near the Chicago area, according to his social media accounts.

On Friday, the planned blackout is expected to last from 12 a.m. EST to 11:59 p.m. EST. Customers were warned by the activist group to avoid making any purchases, whether they were made online or in-store, but especially not from large chains or businesses. Participants are encouraged to refrain from eating fast food and filling up their cars with petrol. They are also advised to support local small businesses and refrain from using credit or debit cards when they need necessities or have an emergency.

Stay tuned to Brandsynario for the latest news and updates.

Nestlé Pakistan Kickstarts 100,000 trees urban forest drive with CDA Islamabad

“Nestlé’s urban forest with 100,000 trees gives us a major headstart in our ambition to plant 1 million trees in Islamabad in 2025.

Coordinator to Prime Minister on Climate Change Romina Khurshid Alam, Secretary Interior Capt (retd) Khurram Agha, Secretary Climate Change Aisha Humera, Secretary Education Mohyuddin Wani, CDA Chairman Muhammad Ali Randhawa, Swiss Embassy Chargé d’affaires Claudia Thomas, CEO Nestle Pakistan Jason Avanceña also participate in the drive

ISLAMABAD: Coordinator to Prime Minister on Climate Change Romina Khurshid Alam inaugurated Nestlé Pakistan’s first 100,000 trees urban forest plantation drive in Islamabad. Organized in partnership with Capital Development Authority, the activity under the company’s Nestlé Cares initiative supports endeavors to reduce carbon footprint in its ambition to achieve Net Zero by 2050.

Talking on the occasion, Coordinator to PM on Climate Change Romina Khurshid Alam said, “Planting an urban forest is a great example of what can be achieved when the public and private sectors come together with a common goal. We acknowledge Nestlé’s support and collaboration in driving this with CDA. Together, we are not just planting trees – we are nurturing a legacy for future generations.”

Jason Avanceña Chief Executive Officer, Nestlé Pakistan said, “Climate change is a reality and we all need to play a proactive role in mitigating this challenge. Nestlé has been continuously investing in sustainability initiatives such as planting urban forests for the wellbeing of our communities. It is our duty to reverse the trend of deforestation and work towards a greener future.”

 

“Initiatives such as urban forests and continuous investment in renewable energy reflects our dedication towards making a positive impact on society and environmental sustainability. We remain committed to being a force for good throughout our value chain by Creating Shared Value for communities,” he added.

Secretary Interior Capt (retd) Khurram Agha said, “It is my hope that we can all inspire each other to embrace similar practices and contribute to the country’s broader climate action agenda in line with the Government of Pakistan’s stance.”

Secretary Federal Education Mohyuddin Ahmad Wani said, “To mobilise our energetic youth for a greener future, students in schools and colleges will actively participate in this urban forest drive with Nestlé and CDA.”

Chairman Capital Development Authority Muhammad Ali Randhawa said, “Nestlé’s urban forest with 100,000 trees gives us a major headstart in our ambition to plant 1 million trees in Islamabad in 2025. We urge other companies to step forward and partner with us in this cause.”

Urban forest in Islamabad will include 100,000 indigenous trees comprising Kachnar, Sukhchain, Sapium, Amaltas, Jacaranda among others, will be planted in this urban forest in Islamabad. This initiative is aligned with UN Sustainable Development Goals (SDGs) 13 and 15, Climate Action, and Life on Land respectively.

Nestlé, with its global headquarters based in Switzerland, has had a longstanding presence in Pakistan for over 35 years, and is committed to be a force for good throughout its value chain by Creating Shared Value for communities.

Pakistan VS Bangladesh Clash Abandoned Due to Rain

Pakistan VS Bangladesh Clash Abandoned Due to Rain

Continuous rainfall has led to the cancellation of the ICC Champions Trophy 2025 match between the host nation Pakistan and Bangladesh on Thursday, as no play could take place at any point.

Hopes of a competitive match were dashed when heavy rain throughout the day prevented even the toss from happening. Officials finally decided to call off the game before even a single ball was balled because the situation was not getting any better.

The rain has left both teams winless in the tournament, placing them at the bottom of the points table.

 

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Read More: Ibrahim Zadran Makes the Highest Individual Score in ICC Champions Trophy History

After losing their opening two games in the 50-over competition, both teams were already eliminated from the semi-final race. New Zealand and India have already progressed out of Group A.

In Group B, South Africa, Australia, and Afghanistan are competing for the remaining two semi-final spots, while England have been eliminated from contention.

Stay tuned to Brandsynario for the latest news and updates.