Uber has agreed to acquire a 12.5 percent stake in Careem Technologies from UAE telecom giant e& for $100 million in cash, reducing e&'s holding to 37.53 percent and bringing Careem back into closer alignment with its original parent company.

National Incubation Center Faisalabad has signed a Memorandum of Understanding with The University of Faisalabad to bridge the gap between academia and industry through incubation support, internships, research, innovation, and entrepreneurial engagement activities.

National Incubation Center Islamabad has partnered with Roots International Schools and Colleges and MIUC Pakistan to create real-world learning opportunities for students through internships, mentorship, startup exposure, and skill development initiatives.

Accelerate Prosperity has concluded the first phase of its Entrepreneur Support Organisation Program, a six-week online bootcamp delivered with Flat6Labs for incubation and acceleration centers across Pakistan, covering program design, investment readiness, and operational efficiency.

Pakistani travel and ticketing platform Bookme has partnered with Saudi-based ride-hailing company Jeeny to integrate flight, hotel, and travel booking services into the Jeeny app, marking the Gulf Cooperation Council first ride-to-travel super app integration.

Pathfinder CITADEL has signed a Memorandum of Understanding with Socio Engineering Technologies to deliver industry-driven technical training programmes, with a focus on Industrial Backtracking under the CITADEL JumpStart Training Program.

Global Animal Passport Registration signed a landmark Memorandum of Understanding with Hoopo Canada at a two-day collaborative workshop hosted by Sindh Agriculture University Tandojam, embedding biometric livestock identity infrastructure into sustainable community frameworks.

Pakistan Single Window partnered with CIRCLE Women Association and sheXcelerate to host a trade facilitation and TradeVerse awareness session at LCCI.

Applications for SEIC Innovation Fellowship Program 2026 have been extended until May 13, offering students a 6 month campus embedded startup experience in Karachi.

National Incubation Center Karachi has introduced sector specific advisory councils to provide startups with structured guidance, mentorship and professional networks.

Femtech Innovation Hub hosted an investor summit with CERP and LUMS Centre for Entrepreneurship, connecting women’s health startups with leading venture capital firms in Pakistan.

Dun & Bradstreet Pakistan and NIC Karachi will host a Zoom session on May 21 focusing on startup scaling challenges, investor expectations, and business credibility.