Most of the universities including KU, Iqra, SZABIST, Iobm and IBA have an "MBA project" these days instead of a proper thesis. It is somewhat similar to a thesis but still different. The usual theses are mostly towards the academic side but these research projects are more towards implementing a solution. You have to select a company/industry, research on it, identify a problem and then propose a viable solution for the problem. In most cases, you are linked with a company and then, your solution is/could be implemented in that company.
However, I would suggest you go through the curriculum of your target University and check what is written over there.

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