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Pakistan Railways Secures $390 Million Loan for Rs280 Billion ML-3 Project

Pakistan Railways’ 996-kilometre Main Line-3 (ML-3) project, valued at Rs280 billion, will be financed through a $390 million (over Rs112 billion) bridge loan from Reko Diq Mining Company (RDMC). The financing has been approved by the Prime Minister and endorsed by the Economic Coordination Committee (ECC). The loan will be repaid through a bullet payment within two years, enabling the Rohri-Sibi-Quetta-Koh-i-Taftan rail upgrade.

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Jazz and iTechnology Launch Driver App

Jazz World Enterprise Solutions has signed a strategic Memorandum of Understanding with iTechnology to launch Driver, a new ride-hailing platform. The service will allow passengers to book cars, motorcycles and rickshaws. Jazz network users, including passengers and drivers, will be able to access the Driver app without consuming mobile data. The zero-data facility aims to improve accessibility and support wider adoption of digital mobility services in Pakistan.

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Synergy Group Wins Seven Dragons

Synergy Group secured seven Honors at the Dragons of Pakistan 2026 Awards, earning three Gold, two Silver and two Bronze Dragons. The awards recognized campaigns developed by Synergy Advertising and Synite Digital for Pakistan State Oil and KFC Pakistan. Synergy Advertising won five awards for PSO’s Safety Starts Young, Made in Pakistan and Blaze Xtreme campaigns. Pakistani entries were evaluated by independent international judging panels through a merit-based process.

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Pakistan-Made Suzuki Cars Enter Brunei

Pakistan’s auto industry has achieved a major export milestone as Pak Suzuki Motor Company-made Alto and Every models were launched in Brunei. Suzuki said this marks its first export from an overseas production base of models matching the body size and engine specifications of Japanese mini-vehicles. The launch expands Suzuki’s automobile lineup in Brunei. Distributor Boustead will also begin selling Suzuki motorcycles in the country around autumn 2026.

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