Raqami Islamic Digital Bank Receives Restricted License from SBP to Launch Pilot Operations

Raqami Islamic Digital Bank Receives Restricted License from SBP to Launch Pilot Operations

Raqami Islamic Digital Bank Limited has been awarded a restricted banking license by State Bank of Pakistan under the Licensing and Regulatory Framework for Digital Banks to commence Pilot operations as a Digital Retail Bank. The approval marks a defining moment in Raqami’s journey to become Pakistan’s first fully Shariah-compliant, Digital Retail Bank offering a […]

State Life and JS Bank Partner to Expand Access to Insurance Across Pakistan

State Life and JS Bank Partner to Expand Access to Insurance Across Pakistan

State Life Insurance Corporation of Pakistan (SLIC), the nation’s largest and most trusted life and health insurer, has entered into a strategic partnership with JS Bank, one of the fastest growing banks in Pakistan, to offer a range of insurance products under its bancassurance model. The move brings together the scale of Pakistan’s public institutions […]

Jazz Reports 20.3% Revenue Growth in Q1 2025

Jazz Reports 20.3% Revenue Growth in Q1 2025

Jazz, Pakistan’s leading digital operator and a part of the VEON Group, reported a 20.3% year-on-year revenue growth in Q1 2025, driven by continued digital diversification and disciplined cost management. During the quarter, Jazz invested PKR 9.5 billion—marking a 78.4% year-on-year increase—to expand 4G capacity and scale its digital platforms. This performance was delivered despite […]

Behtari Launches Pakistan’s First AI-Generated Business Podcast: "The Behtari Podcast"

Behtari Launches Pakistan’s First AI-Generated Business Podcast: “The Behtari Podcast”

Lahore, Pakistan – May 9, 2025 – Behtari is proud to announce the launch of The Behtari Podcast, Pakistan’s first human curated and AI-generated business podcast. This innovative weekly podcast is designed to keep business professionals, entrepreneurs, and industry leaders informed on the latest developments in business, finance, economy, and technology. About “The Behtari Podcast” […]

Standard Chartered Pakistan Launches 7th Cohort of Futuremakers Women in Tech Accelerator

Standard Chartered Pakistan Launches 7th Cohort of Futuremakers Women in Tech Accelerator

KARACHI: Standard Chartered Pakistan, launched the 7th Cohort of the Futuremakers Women in Tech Accelerator in partnership with INNOVentures Global (Pvt) Limited. This accelerator was first launched in Pakistan in 2019 and was designed to address gender disparity in the technology sector. This initiative not only supports innovative business ideas but also addresses the financial […]

BankIslami Partners with Sindh Enterprise Development Fund to Promote SME Financing Across Sindh

BankIslami Partners with Sindh Enterprise Development Fund to Promote SME Financing Across Sindh

BankIslami has partnered with the Sindh Enterprise Development Fund (SEDF) to promote and expand financing opportunities for small and medium enterprises (SMEs) across Sindh. Under this collaboration, both institutions aim to enhance financial access for SMEs. SEDF will offer financial incentives, including KIBOR-based profit subsidies, while BankIslami will provide tailored business financing to support the […]

Telenor Pakistan Posts Rs. 33 Billion Revenue in Q1 2025

Telenor Pakistan Posts Rs. 33 Billion Revenue in Q1 2025

Telenor Pakistan has posted robust financial results for the first quarter of 2025, reporting an 8.7 percent year-on-year (YoY) increase in total revenues, reaching Rs. 33 billion compared to Rs. 30.35 billion in Q1 2024. According to the latest financial disclosure from the Telenor Group, the company also recorded a strong 14 percent YoY growth […]

Neem x EFU Life: Powering the future of insurance with embedded payments

Neem x EFU Life: Powering the future of insurance with embedded payments

Neem is excited to announce a strategic partnership with EFU Life, one of Pakistan’s leading insurers serving over 10 million customers. This collaboration marks Neem’s entry into the insurance sector. The objective is to digitise the entire insurance value chain—from premium collections to claims disbursements, powered by Neem’s financial infrastructure. The integration of Neem’s payment […]

BoK Partners with eastnets to transform Cross-Border and Domestic Payments Infrastructure

BoK Partners with eastnets to transform Cross-Border and Domestic Payments Infrastructure

Peshawar, Pakistan — The Bank of Khyber (BoK) has announced a strategic partnership with Eastnets to transform its cross-border and domestic payment capabilities, marking a significant milestone in the bank’s journey toward digital modernization and alignment with international financial standards. The agreement was formally signed by Amin Sajid, Group Head of Operations and Support at […]

Jazz Partners with DynaSys to Accelerate IoT-Driven Innovation in Pakistan

Jazz Partners with DynaSys to Accelerate IoT-Driven Innovation in Pakistan

Jazz, Pakistan’s leading digital operator, has partnered with DynaSys Networks, a leading provider of Internet of Things (IoT) solutions, to accelerate the country’s adoption of IoT technologies across key sectors – including agriculture, energy, mobility, and urban infrastructure – through a purpose-built IoT platform. The collaboration will enable real-time data collection, automation, and analytics to […]