Five Pakistanis, one startup make it on Forbes’s 30 Under 30 list

The recent edition of Forbes that introduces 300 young Asian innovators who belong to 10 different categories. (Photo courtesy: Forbes)
Updated 04 April 2019
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Five Pakistanis, one startup make it on Forbes’s 30 Under 30 list

  • Chosen from more than 2,000 entries, nine Pakistanis are on the prestigious Forbes magazine ranking of “Asia’s next generation of leaders”
  • The ranking is determined on the basis of leadership, innovation and entrepreneurial abilities

ISLAMABAD: Five young Pakistanis and a newly launched local startup have made it on the prestigious Forbes 30 Under 30 list of the world’s brightest entrepreneurs, leaders and game-changers.
Chosen from more than 2,000 entries, the Forbes magazine list is considered the definitive guide to “Asia’s next generation of leaders” and is prepared by a large team of researchers and vetted by an A-list of judges. 
Forbes magazine launched its 30 Under 30 list in 2011. Among other variables, the ranking is determined on the basis of leadership, innovation and entrepreneurial abilities. The following Pakistanis featured on the magazine’s list this year.




Zainab Bibi

Zainab Bibi founded the Pakistan Society for Green Energy in 2013, a research organization that creates awareness about environmental issues and develops alternative energy sources. Among her many achievements, Bibi has used waste tissue papers to create bio-fuel and won the Queen’s Young Leaders Award.




Laila Kasuri

Laila Kasuri is a water analyst with Global Green Growth Investment. A Harvard graduate in Hydrology and Geomechanics, Kasuri has also led research on climate-smart irrigation at the Lahore University of Management Sciences, the World Bank, the US Army Corps of Engineers, and the UC Davis Center for Watershed Sciences.




Karishma Ali

Karishma Ali hails from Chitral and is the only female footballer from her hometown playing for various national and international clubs. Ali has not only challenged stereotypes associated with the sport in her country but has also tried to help other female athletes by establishing the Chitral Women’s Sports Club of which she is the president. 




Ahmed Rauf Essa

Ahmed Rauf Essa co-founded one of the largest e-commerce platforms in Pakistan, Telemart, while he was a 23 year-old business school student. Within a span of a few years, Essa has won several awards in recognition of his business acumen and been nominated as a judge for the International Business Awards 2018.




Zain Ashraf

Zain Ashraf is the founder of Pakistan’s first crowdfunded platform, Seed Out, which seeks to eradicate poverty through interest-free microfinancing. In 2018, Ashraf won the Commonwealth Youth Award for his contributions to his country’s development sector.




Roshni Rides

Roshni Rides co-founded by Hanaa Lakhani, Hasan Usmani, Gia Farooqi and Moneeb Mian, a women-friendly carpooling facility that operates in Karachi. Roshni Rides also won the Hult Prize Challenge in September 2017 and was awarded $1 million to empower women by providing them affordable and safe transportation facilities.


Pakistan stocks hit record as fertilizer sales jump, rate cut hopes build

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Pakistan stocks hit record as fertilizer sales jump, rate cut hopes build

  • KSE-100 jumps 1.5 percent to close above 179,000 points for the first time
  • Stocks start 2026 on a strong note amid broad-based institutional buying

ISLAMABAD: Pakistani stocks extended their rally on Friday, with the benchmark index closing above the 179,000-point mark for the first time, driven by strong fertilizer sales data and expectations of further monetary easing by the central bank.

The KSE-100 index rose 2,679.44 points, or 1.52 percent, to close at 179,034.93, compared with its previous close of 176,355.49, according to data from the Pakistan Stock Exchange (PSX).

Ahsan Mehanti, chief executive officer at Arif Habib Commodities, said buying interest picked up ahead of key corporate earnings due next week, supported by easing inflationary pressures and improving sector-specific data.

“Rupee gains, strong fertilizer sales growth of 34 percent year-on-year in December 2025 and expectations of further policy easing by the State Bank of Pakistan, after headline inflation slowed to 5.6 percent year-on-year, acted as key triggers for bullish activity at the Pakistan Stock Exchange,” he told Arab News.

Fertilizer sales in Pakistan have shown mixed trends in recent months, with overall offtake affected by weak farm economics and seasonal factors. While urea sales declined in some periods, December data showed a sharp rebound, helping lift investor sentiment in the sector.

This has supported fertilizer stocks on the PSX, including Fauji Fertilizer Company, Engro Fertilizers and Fatima Fertilizer, which continue to draw interest due to their market dominance and dividend payouts.

Samiullah Tariq, head of research and development at Pakistan Kuwait Investment Company Limited, said investors were positioning for another rate cut amid improving macroeconomic indicators.

“Expectations of another rate cut, strong macroeconomic fundamentals and better corporate results are driving the market,” he said.

Pakistan’s central bank cut its key policy rate by 50 basis points to 10.5 percent last month, surprising markets after maintaining rates unchanged in its previous four policy meetings. Consumer price inflation eased to 5.6 percent year-on-year in December, while prices declined on a monthly basis.

Friday’s close capped a strong start to 2026 for the PSX, with broad-based institutional buying lifting major sectors and reinforcing investor confidence at the beginning of the year.