Lucky Investments Limited (Lucky Investments), one of Pakistan’s fastest-growing Islamic Asset Management Companies, and DIB Pakistan a subsidiary of Dubai Islamic Bank UAE, have entered into a strategic collaboration to broaden access to Shariah-compliant investment solutions across Pakistan. As per the signed MOU in place, DIB Pakistan will distribute Lucky Investments’ Islamic mutual funds and […]
Ras Al Khaimah, UAE — The agentic economy stopped being theoretical this week. With the world’s largest payment networks now opening their rails to autonomous AI agents — credentialed, permissioned, and settling transactions at machine speed — the question facing every financial institution and enterprise has shifted from whether software agents will transact with one […]
Bologna, Italy – June 8, 2026 Lejion Media in collaboration of Fusion Remit, successfully organized a grand volleyball event in Bologna, Italy, on 30th May 2026. The event witnessed an overwhelming participation of more than 1,000 members of the Pakistani community, who gathered to celebrate and enjoy one of Pakistan’s most beloved traditional sports. The highly […]
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 […]