Lahore —NetSol Technologies Limited (PSX: NETSOL) has secured a significant contract with IGNITE – National Technology Fund, an initiative under the Ministry of IT & Telecom, to establish and manage the operations of the National Incubation Center Lahore (NICL). The announcement was made by NetSol in a notice to the Pakistan Stock Exchange (PSX) on […]
Meezan Bank Posts Highest-Ever Quarterly Profit of Rs. 26.7 Billion in 2Q-2024
Karachi, August 8, 2024 — Meezan Bank Limited (PSX: MEBL) has reported its highest-ever quarterly earnings, recording a profit of Rs. 26.7 billion for the second quarter of the calendar year 2024 (2QCY24). This marks a significant 55% year-on-year (YoY) increase and a 5% rise quarter-on-quarter (QoQ). The result underscores the bank’s robust financial performance […]
Golootlo Pioneers Digital Transformation with 1GO Payment Service in collaboration with 1LINK and RAAST
In a world where technology is evolving at a rapid pace, businesses are constantly exploring new avenues to stay ahead. Amid economic challenges, especially in countries like Pakistan grappling with high inflation, one company is making a significant impact. Golootlo, Pakistan’s leading discount platform, is not only helping inflation-struck citizens save money but also revolutionizing […]
Telenor Velocity Partners with GSMA Innovation Fund to Empower Pakistani Startups
In a groundbreaking move set to transform the telecom landscape in Pakistan, Telenor Velocity has announced a strategic partnership with GSMA’s Innovation Fund. This collaboration is not just a convergence of two industry giants but a monumental step towards fueling economic growth in the country. By leveraging Telenor’s extensive market penetration and GSMA’s global expertise, […]
Bank Alfalah and BISP Partners to Empower Women Through Entrepreneurship and Financial Inclusion
Karachi, [Date] — Bank Alfalah, a leading commercial bank in Pakistan, has reinforced its long-standing partnership with the Benazir Income Support Programme (BISP), having been a dedicated collaborator in the digital social cash transfer initiative since 2011. This year, Bank Alfalah, in collaboration with other partner banks, has been awarded the contract to serve 7 […]
Google for Startups Launches AI Academy to Boost AI Innovation in Pakistan and APAC Region
ISLAMABAD: Google for Startups has announced the launch of AI Academy, an innovative program aimed at supporting and accelerating the growth of AI startups in Pakistan and the Asia-Pacific (APAC) region. The program will bring together over 20 startups developing AI-based technologies, fostering a vibrant AI community within APAC, and igniting cross-border innovation and partnerships. […]
SBP Merges NIBAF and IBP to Launch NIBAF Pakistan for Banking and Finance Trainings
Karachi, August 07, 2024 – The State Bank of Pakistan (SBP) has merged its two subsidiaries, the National Institute of Banking and Finance (NIBAF) and the Institute of Bankers Pakistan (IBP), to form NIBAF Pakistan. This strategic move aims to strengthen the preparation of human resources for the banking and financial sectors. SBP Governor Jameel […]
LMKT Leads Pakistan Incubation Landscape, Wins Back Operations of NICs Karachi and Peshawar
Islamabad, Pakistan – LMKT, the country’s leading technology company, proudly announces the continuation of its role as the operator of the Ignite-funded National Incubation Centers (NICs) in Peshawar and Karachi. This extension brings LMKT’s total count of operated NICs to three, the largest number managed by any private organization in Pakistan. Through this renewed commitment […]
QaboolHai Partners with Swich to Enhance Payment Solutions
In an exciting development, QaboolHai, a matchmaking platform that helps to find life partner has announced its partnership with Swich, an online payment gateway in Pakistan is ushering in an unparalleled financial experience to catalyze a fintech revolution. This collaboration promises to offer secure and hassle-free transactions for QaboolHai users, ensuring a smooth and seamless […]
Lucky Landmark to Manage NIC Karachi for Next Five Years in Partnership with LMKT and Orbit Startups
In a significant development for the entrepreneurial ecosystem in Karachi, Lucky Landmark has officially assumed the responsibility of managing the National Incubation Center (NIC) Karachi for the next five years. The Contract Signing Ceremony between Lucky Landmark and Ignite – National Technology Fund at the National Incubation Center Karachi. This strategic move, in partnership with […]