Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, is introducing a targeted package of temporary economic support measures to assist its business and retail community as the region emerges from the current environment. Effective immediately, the initiatives are designed to ease short-term […]
U Microfinance Bank (U Bank), a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL)-e& Group, has successfully gone live with the Temenos core banking platform, along with payments, digital channels, financial crime, and data platforms, on RedHat Openshift, in collaboration with Systems Limited. The unified platform establishes a modern, real-time, and scalable banking ecosystem […]
QR payments are everywhere. But at the ground level, trust is still manual. QR payments are everywhere. But the experience around them still isn’t. From small shops to roadside vendors — the acceptance layer is no longer the problem. But at the ground level, something still feels incomplete. Merchants still pause. They still check their […]
The service will be accessible through Bookme’s website, mobile apps and integrated partner platforms The initiative will reduce reliance on intermediaries, lower consumers costs and increase transparency KARACHI: The Saudi Ministry of Hajj and Umrah has partnered with Bookme travel technology platform to enable instant Umrah visa processing for Pakistani pilgrims, the travel platform said […]
Systems Limited (SYS) reported a strong performance for 2025, posting a profit after tax (PAT) of Rs. 11,041 million (EPS: Rs. 7.49), up 48 percent from Rs. 7,460 million (EPS: Rs. 5.06) in CY24. The company also declared a final cash dividend of Rs. 2.00 per share, unchanged from the previous year. In the fourth […]
Bank of Khyber marked 2025 as a defining year—one that quietly reshaped its foundation while visibly strengthening its position in the financial landscape. It was not just a year of improved numbers, but a year of clarity, discipline, and forward direction. The bank delivered strong financial performance, reflecting the impact of focused execution. Profit after […]
KARACHI: The shareholders of Sindh Bank have approved the Annual Audited Financial Statements for the year ended December 31, 2025, during the Annual General Meeting held on March 30, 2026. The Bank reported a record-high Profit Before Tax (PBT) of Rs6.37 billion, marking a significant 155% increase compared to the previous year. This strong performance […]
Faysal Bank Limited (FBL) has launched Pakistan’s first-ever Mobile Tap and Withdraw service, enabling its customers to withdraw cash from Faysal Bank ATMs by simply tapping their smartphone, without the need of any physical card. With a clear focus on innovation, Faysal Bank aims to create a digital-inclusive and digital-first experience for its customers and by […]
ISLAMABAD: Askari Bank hosted Chairman Pakistan Virtual Assets Regulatory Authority (PVARA) and Minister of State Bilal Bin Saqib at its Head Office for a strategic dialogue with the Bank’s President and CEO, Zia Ijaz. The meeting marked an important step toward strengthening collaboration between the banking sector and Pakistan’s virtual assets ecosystem. Banking infrastructure for […]
KARACHI, April 2: Meezan Bank is stepping up its digital payments strategy, expanding its merchant network and accelerating adoption of instant payment solutions as Pakistan’s shift toward a cashless economy gathers pace, senior bank official said. The move comes as digital transactions continue to rise sharply across the country. Data from the State Bank of […]