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Major Prize Money Planned for Canva-Backed PIA Rebranding Contest

Canva has proposed that a nationwide design competition be organised and funded to rebrand Pakistan International Airlines under its new ownership. Pakistanis would be invited to redesign PIA’s logo, aircraft livery, brand guidelines and relaunch campaign. The proposal was announced by Canva regional general manager Ahmed Iqbal, who said contact was being sought with PIA’s leadership. Significant prize money would be offered, while public trust in the national carrier is expected to be rebuilt through an identity designed by Pakistanis.

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Rohri–Multan Railway Section to Be Upgraded Under CPEC ML-1

Prime Minister Shehbaz Sharif has directed that proposals be prepared for the upgradation of the Rohri–Multan section of Main Line-1. The section is considered a key part of Pakistan Railways’ ML-1 project, which is being upgraded under the China-Pakistan Economic Corridor. Under the project, a 1,733-kilometre double railway line is planned to be developed from Karachi to Peshawar to improve rail connectivity, safety and transportation capacity.

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Maryam Nawaz Launches Rs50 Million Pink Salt Loan Scheme

Punjab Chief Minister Maryam Nawaz has digitally inaugurated the Pink Salt Value Addition Financing Scheme. A 110-acre mineral processing zone will be established near Quaidabad, where more than 200 units are planned. Investment of Rs150 million is expected to be attracted, while 10,000 direct jobs could be created. Interest-free loans of Rs5 million to Rs50 million will be offered for processing, refining, packaging, machinery and export-standard technology. Annual foreign exchange earnings of up to $300 million are being targeted.

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Mohammad Nadeem Khan Takes Charge as PTCL Chief Executive

Mohammad Nadeem Khan has been appointed chief executive of PTCL after serving 14 days as interim CEO. The appointment was disclosed to the Pakistan Stock Exchange. Khan, a Chartered Accountant, has been associated with the PTCL Group for over two decades and previously served as Ufone CFO and PTCL Group CFO. Major financial transformations, including the Telenor Pakistan acquisition, were overseen during his leadership.

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