Trends - Startups - Business Recorder

Startups

Pakistan’s ‘first operator-led angel investing network’ launched

'Not here to chase unicorns' says founder Saif Ali

Published 23 Jun, 2025 03:20pm

Startup Recorder

Pakistan’s startups face capital crunch, need urgent reforms: i2i report

Report says 'with bold, sequenced reforms backed by macro- economic and political stability, country can transform its startup landscape'

Published 19 Jun, 2025 04:11pm

Startup Recorder

Startup reality TV show set to launch early next year

Entrepreneurs will pitch their businesses to a panel of four investors (or ‘gurus’) and nine mentors

Updated 17 Jun, 2025 04:47pm

Startup Recorder

UK’s Commonwealth Startup Fellowship offers £35,000 in equity-free grants

In addition to training and mentorship, participating teams can apply for financial support through the Fellows Fund

Published 13 Jun, 2025 01:24pm

Budget 2025-26

Is the budget changing how government views e-commerce?

Some experts say the recognition of tech, e-commerce, and digital trade in the tax net suggests the government is beginning to take this segment seriously

Updated 10 Jun, 2025 10:56pm

Business & Finance

Will the budget provide ‘deep reforms startups truly need to thrive’?

Startups hope for seed grants, tax incentives and export facilitation

Published 07 Jun, 2025 04:04pm

Markets

US fund taps Pakistani tech duo with $10mn to lead startup investment initiative

The JR Dallas Tech Fund has announced $10 million investment to Pakistani technology leaders Mehwish Salman Ali and...

Published 06 Jun, 2025 06:37pm

Startup Recorder

Dubai Future District Fund supported 190 startups in 2024

The Dubai Future District Fund (DFDF) reported over $1.65 billion in capital commitments and support for more than...

Published 04 Jun, 2025 02:26pm

Startup Recorder

Startup Neem enters logistics space with Leopards Courier Services partnership

'Manual, delayed settlements have long created friction for logistics companies and their merchant partners', says Neem co-founder

Published 03 Jun, 2025 11:39am

Startup Recorder

i2i launches toolkit for startups looking to enter Saudi market

Says toolkit is a practical, founder-tested guide based on months of primary and secondary research

Published 29 May, 2025 03:41pm

Pakistan

Sindh Startups Exhibition 2025: SAU’s Moringa products stall draws attention

HYDERABAD: Sindh Agriculture University (SAU) Tandojam showcased its innovative food products made from Suhanjhro...

Published 29 May, 2025 05:55am

Startup Recorder

FPCCI praises Sindh Innovative Startups Exhibition 2025

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that Syed Murad Ali Shah, CM Sindh, inaugurated the Sindh...

Published 28 May, 2025 06:02am

Pakistan

SAU VC urges youth to transform academic projects into startups

HYDERABAD: The Vice Chancellor of Sindh Agriculture University (SAU) Tandojam, Prof. Dr. Altaf Ali Siyal, has urged...

Published 23 May, 2025 06:13am

Startup Recorder

Govt’s Pakistan Startup Fund will help entrepreneurs raise up to $1m, says official

It is hoped this will encourage VCs to complete a bigger round for startups

Updated 21 May, 2025 04:36pm

Regulatory Sandbox: State Bank of Pakistan issues guidelines

KARACHI: In line with its Vision 2028, the State Bank of Pakistan (SBP) has issued the Guidelines for the Regulatory...

Updated 21 May, 2025 08:30am

Startup Recorder

Karachi Slush’d: Startup founders on AI, building brands and the importance of saying ‘no’

In a panel discussion titled ‘Building startups that last’ at Karachi Slush’d this past weekend, Maheen Adamjee,...

Published 19 May, 2025 02:42pm

Technology

‘Karachi Slush’D 2025’: ‘AI should be embedded in everyday operations’

KARACHI: Speakers at a tech event emphasized the importance of integrating Artificial Intelligence (AI) into...

Published 18 May, 2025 07:05am

World

Dubai free zone launches instant, 60-minute business license

Meydan Free Zone's service enables entrepreneurs to obtain license in 60 minutes for AED 15,000

Published 16 May, 2025 02:01pm

Business & Finance

Pakistan’s tech startups shine at GISEC

The startups believe AI is not just a trend but the next step in strengthening online security

Published 13 May, 2025 06:15am

Startup Recorder

10th iteration of Pakistan Investor Summit kicks off in Karachi

Aims to bring together more than 100 investors, startups, policy makers, and industry professionals

Updated 12 May, 2025 05:37pm

Startup Recorder

Dubai Chamber of Digital Economy backs 127 startups in Q1

This represents a 135% increase compared to the same period last year

Published 12 May, 2025 03:09pm

Startup Recorder

KP’s ‘first’ angel syndicate will look to create ‘pathways for funding startups’

Syndicate will pool capital and jointly assess investment opportunities

Published 07 May, 2025 02:02pm

Startup Recorder

Pakistani founded sneaker company Atoms raises over $2m from customers

For startups in Pakistan where VC capital is constrained right now, this model is worth exploring, says one expert

Published 01 May, 2025 04:02pm

Pakistan

Grand finale of 2nd Life Pakistan 2.0 held

KARACHI: Some six standout teams were awarded cash prizes totaling Rs 2.625 million to further develop and scale...

Published 01 May, 2025 06:19am

Startup Recorder

Pakistani health tech startup MedIQ raises $6m

Funding round is 'one of the largest in the history of Saudi Arabia's health tech sector'

Updated 30 Apr, 2025 07:12pm

Perspectives

How Pakistan’s startups are giving plastic a second life

In a country where overflowing waste has turned city streets into makeshift landfills, a new wave of startups is stepping up to reimagine a cleaner, more sustainable future

Published 29 Apr, 2025 02:25pm

Business & Finance

Pakistan pharma sector deploys AI, other advanced technologies in drug development

Pakistan’s pharma sector is increasingly deploying artificial intelligence (AI) and advanced technologies to...

Published 28 Apr, 2025 05:47am

Pakistan to host first DFDI Forum tomorrow

ISLAMABAD: Pakistan will host first-ever Digital Foreign Direct Investment (DFDI) Forum-2025 on April 29-30, a...

Updated 28 Apr, 2025 09:23am

Business & Finance

UAE startup Metric, founded by Pakistanis, announces 7-figure seed round

Launches 'world’s first Chief Financial AI' called Max

Published 17 Apr, 2025 01:04pm

Business & Finance

Dubai’s venture-capital-backed FDI soars 39pc in 2024

Dubai’s position on the global investment map has never been more pronounced. In 2024, the emirate experienced...

Updated 14 Apr, 2025 02:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 23	283.90
USD PKR Interbank Buying / Jun 23	283.60
USD to Japanese Yen / Jun 23	147.27
USD to Swiss Franc / Jun 23	0.82
Pound Sterling to USD / Jun 23	1.34
Euro to USD / Jun 23	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
Nasdaq / Jun 20	19,447.41
Dow Jones / Jun 20	42,206.82
India Sensex / Jun 23	81,805.29
Tokyo Nikkei / Jun 23	38,354.09
Hang Seng / Jun 23	23,650.62
FTSE 100 / Jun 23	8,779.33
Germany DAX 30 / Jun 23	23,247.79
France CAC40 / Jun 23	7,558.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Petrol/Litre / Jun 23	258.43
Crude Oil USD/Barrel / Jun 23	74.78
Gold Spot USD/Ounce / Jun 23	3,353.56
Diesel/Litre / Jun 23	262.59
Cotton US¢/pound / Jun 23	66.65

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 23 Crescent Jute Products Limited(CJPL)	7.49 ▲ 1 (15.41%)
AN Textile Mills / Jun 23 AN Textile Mills Limited(ANTM)	25.70 ▲ 2.34 (10.02%)
Leather Up Ltd. / Jun 23 Leather Up Limited(LEUL)	42.90 ▲ 3.9 (10%)
Rupali polyester / Jun 23 Rupali Polyester Limited(RUPL)	27.07 ▲ 2.46 (10%)
Frontier Ceram / Jun 23 Frontier Ceramics Limited(FRCL)	36.30 ▲ 3.3 (10%)
Karam Ceramics / Jun 23 Karam Ceramics Limited(KCL)	66.80 ▲ 6.07 (10%)
Shams Textile / Jun 23 Shams Textile Mills Limited(STML)	34.67 ▲ 3.15 (9.99%)
First Elite Cap.Mod / Jun 23 First Elite Capital Modaraba(FECM)	36.88 ▲ 3.35 (9.99%)
Jubilee Spinning / Jun 23 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.35 ▲ 1.12 (9.97%)
Fazal Cloth / Jun 23 Fazal Cloth Mills Limited(FZCM)	205.54 ▲ 18.54 (9.91%)

Stock	Price
United BankXD / Jun 23 United Bank Limited(UBL)	261.81 ▼ -262.38 (-50.05%)
First Prudential Mod. / Jun 23 First Prudential Modaraba(PMI)	3.49 ▼ -0.61 (-14.88%)
First Fid. Leasing / Jun 23 First Fidelity Leasing Modaraba(FFLM)	2.31 ▼ -0.34 (-12.83%)
Invest Bank / Jun 23 Invest Capital Investment Bank Limited(ICIBL)	7.21 ▼ -0.98 (-11.97%)
Askari Life Assur. / Jun 23 Askari Life Assurance Company Limited(ALAC)	6.99 ▼ -0.95 (-11.96%)
Ghani Chemworld / Jun 23 Ghani Chemworld Limited(GCWL)	7.98 ▼ -1 (-11.14%)
Yousuf Weaving / Jun 23 Yousaf Weaving Mills Limited(YOUW)	4.22 ▼ -0.52 (-10.97%)
F.Credit & Inv / Jun 23 First Credit and Investment Bank Limited(FCIBL)	7.75 ▼ -0.88 (-10.2%)
LSE Financial Serv. / Jun 23 LSE Financial Services Limited(LSEFSL)	32.36 ▼ -3.6 (-10.01%)
Chashma / Jun 23 Chashma Sugar Mills Limited(CHAS)	57.60 ▼ -6.4 (-10%)

Stock	Volume
WorldCall Telecom / Jun 23 Worldcall Telecom Limited(WTL)	53,303,035 ▼ -0.1
Sui South Gas / Jun 23 Sui Southern Gas Company Limited(SSGC)	35,996,379 ▼ -4.2
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	24,022,793 ▼ -0.12
K-Electric Ltd. / Jun 23 K-Electric Limited(KEL)	23,740,292 ▼ -0.24
Kohinoor Spining / Jun 23 Kohinoor Spinning Mills Limited(KOSM)	22,523,059 ▼ -0.54
Fauji Cement / Jun 23 Fauji Cement Company Limited(FCCL)	16,264,731 ▼ -4.16
Cnergyico PK / Jun 23 Cnergyico PK Limited(CNERGY)	14,226,103 ▼ -0.48
Maple Leaf Cement / Jun 23 Maple Leaf Cement Factory Limited(MLCF)	14,036,410 ▼ -5.02
Dewan Cement / Jun 23 Dewan Cement Limited(DCL)	13,766,080 ▼ -1.36
B.O.Punjab / Jun 23 The Bank of Punjab(BOP)	13,746,025 ▼ -0.36

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