PSX Expands Partnership with 1LINK, Adopts Book Building Feature on 1BILL Platform
Karachi, Pakistan – In a significant step toward advancing digital transformation and financial inclusion, Pakistan…
PSX Expands Partnership with 1LINK, Adopts Book Building Feature on 1BILL Platform
Karachi, Pakistan – In a significant step toward advancing digital transformation and financial inclusion, Pakistan Stock Exchange (PSX) has expanded its partnership with 1LINK by adopting the Book Building feature under the 1BILL platform. The collaboration was formalized at a signing ceremony attended by senior executives, including Mr. Farrukh Sabzwari, Managing Director of PSX, and…
inDrive appoints Awais Saeed as Country Lead for Pakistan
KARACHI: Global mobility platform inDrive has announced the appointment of Muhammad Awais Saeed as its new Country Lead for Pakistan, signaling a key milestone in the company’s strategic growth within the region. In his new capacity, Saeed will oversee inDrive’s business operations across Pakistan, focusing on strengthening the company’s presence through effective management of local…
Aamir Ibrahim Appointed to VEON Group Executive Committee
Dubai, UAE: Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank, has been appointed to the Group Executive Committee (GEC) of VEON, in addition to his current responsibilities of leading VEON’s businesses in Pakistan. This strategic move aims to strengthen VEON’s alignment with its markets and bolster its ambitious digital services-driven growth plans….
Jazz Extends Digital Pakistan Fellowship Program to LUMS
Lahore, Pakistan – Jazz, Pakistan’s leading digital conglomerate, has extended its flagship Digital Pakistan Fellowship Program to the Lahore University of Management Sciences (LUMS). This initiative aims to empower students to shape the digital discourse and contribute to the evolving landscape of tech journalism in Pakistan. The fellowship program is designed to engage the youth…
SBP Clears Appointment of Nauman Chughtai As MCB CEO
The State Bank of Pakistan (SBP) has granted approval for Muhammad Nauman Chughtai to assume the role of President and Chief Executive Officer (CEO) of MCB Bank, following the successful completion of his Fit and Proper Test (FPT). In an official notification to the Pakistan Stock Exchange (PSX) on Wednesday, MCB Bank confirmed the development,…
InfraZamin Pakistan and HABIBMETRO Partner to Provide a Structured PKR 800mn Guaranteed Trade Finance Facility to Jaffer Business Systems (Pvt) Ltd.
Jan 16, 2025, Karachi, Pakistan – InfraZamin Pakistan (IZP), has successfully issued its first short-term guarantee of PKR 600m against a PKR 800m Trade Finance Facility by HABIBMETRO for Jaffer Business Systems. The groundbreaking facility will support Jaffer Business Systems (JBS), an established technology and business solutions provider, to expand its business in digital and…
Unlocking Growth Potential: Dun & Bradstreet Pakistan & PSO Join Hands
KARACHI, PAKISTAN Dun & Bradstreet Pakistan (D&B) has partnered with Pakistan State Oil Company Limited (PSO), the country’s leading energy company, to enhance its supplier risk management capabilities. Through this collaboration, PSO will leverage D&B’s expertise to make informed, data-driven decisions on its suppliers. The D&B Risk Analytics will empower PSO to gain unparalleled visibility…
JazzCash outlines three year plan to expedite Pakistan’s Cashless Transition
KARACHI: JazzCash, Pakistan’s leading fintech platform, has unveiled its three-year roadmap to accelerate the country’s journey towards a cashless society, a statement said on Wednesday. The roadmap was presented by President of JazzCash Murtaza Ali and his team to, Group CEO of VEON and Chairman of Jazz Board Kaan Terzioglu and CEO of Jazz and…
Finance Minister Chairs Meeting with PMIC Leadership to Accelerate Financial Inclusion
Islamabad, January 16, 2025 – Finance Minister Senator Muhammad Aurangzeb chaired a high-level meeting with the leadership of the Pakistan Microfinance Investment Company (PMIC) today to address challenges and explore opportunities in the microfinance sector, a key driver of financial inclusion in Pakistan. Established in 2016 under the National Financial Inclusion Strategy (NFIS), PMIC operates as…
UBL Converts All Conventional Branches in KP, Balochistan to Islamic Banking
January 15, 2025 United Bank Limited (PSX: UBL) has announced the successful conversion of all its branches in Khyber Pakhtunkhwa (KP) and Balochistan to Islamic banking, aligning with Pakistan’s recent legislative shift toward a fully Shariah-compliant financial system. This move follows the passage of a law in December 2024 by the National Assembly mandating the…
