Binance, the world’s largest crypto exchange by trade volume and registered number, and Telenor Pakistan have signed a Memorandum of Understanding (MoU) to explore opportunities for advancing blockchain innovation and education initiatives in Pakistan. The MoU signing ceremony was held at Telenor Pakistan Headquarters in Islamabad and was attended by representatives from both organizations, including […]
Global cryptocurrency and digital asset trading platform Bitget is set to enter Pakistan. They are actively looking in the local talent pool to fill the CEO/Managing Director position in the coming days. The vacancy is live on LinkedIn and open for all remote and on-site candidates. Bitget is one of the world’s largest Universal Exchange […]
When the door closed on Wise in Pakistan, nobody said why. This investigation did not stop there. By Samra The Correspondent | June 3, 2026 Umer works with multiple clients across the UK and the US. He has a Wise account. It functions. The money moves. But every time a new client asks for his Wise […]
Systems Limited (SYS), Pakistan’s largest listed technology company, reported a profit after tax of Rs. 3.03 billion for the first quarter of calendar year 2026, translating into earnings per share of Rs. 2.05, compared with a profit of Rs. 2.5 billion and earnings per share of Rs. 1.71 in the same period last year. According […]
Some stories are about growth. Others are about survival. But once in a generation, a story emerges about resurrection. When TPL and Abhi came together to enter the banking space, we were not searching for an easy acquisition. We were stepping into one of the most difficult institutional recovery challenges in Pakistan’s financial sector. FINCA […]
KARACHI: ABHI Microfinance Bank Limited closed 2025 with a profit after tax of PKR 1.019 billion (highest ever in the bank’s history), compared to a loss of PKR 1.754 billion in 2024, marking a sharp recovery in the Bank’s financial performance leading to a PKR 2.773 billion profitability swing in just one year after many […]
Karachi: BankIslami has launched its fully homegrown Finance Origination and Credit Underwriting System (FOCUS), a new platform aimed at digitalising and accelerating the customer financing journey through AI-driven automation. The platform reengineers the bank’s credit underwriting process from initiation to disbursement, replacing manual procedures with a standardised and automated framework implemented across all branches. According […]
In a key corporate development, Engro Holdings Limited, one of Pakistan’s largest business conglomerates, has appointed Hussain Dawood as Chairman of the Board and Abdul Samad Dawood as Chief Executive Officer. The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Monday. “This is to inform you that following […]
KARACHI: Karandaaz Pakistan and digital payments enablement company Tapsys have entered into a strategic partnership aimed at accelerating digital payment adoption among up to 10,000 micro and small merchants across Pakistan under the Raast Merchant Onboarding & Facilitating Entities (RMOFE) programme. Under the agreement, the two organisations will collaborate on merchant onboarding, activation, and deployment […]
Partnerships spanning AI, cloud solutions, healthcare, SME enablement and digital payments aim to accelerate Pakistan’s digital transformation Hangzhou, China, 24 May 2026 – The Government of Pakistan and Alibaba have signed a series of Memoranda of Understanding (MoUs) covering artificial intelligence (AI), cloud solutions, digital skills, healthcare technology, e-commerce, SME development, and digital financial services, […]