Islamabad, May 23, 2025 — The Power Division is in the process of finalizing a comprehensive “Surplus Power Package” aimed at promoting the consumption of excess electricity by industrial and agricultural sectors, as well as emerging greenfield industries such as cryptocurrency mining operations and artificial intelligence (AI) data centers. The initiative was formally shared in […]
ISLAMABAD, May 26, 2025 — In a bold initiative aimed at transforming Pakistan into a global leader in digital innovation, the Government of Pakistan has announced the allocation of 2,000 megawatts (MW) of electricity in the first phase of a national strategy to power Bitcoin mining and Artificial Intelligence (AI) data centers. The initiative, spearheaded […]
Islamabad, Pakistan — Jazz Business, a leading provider of enterprise ICT solutions in Pakistan, has announced a strategic partnership with Logon to introduce BRAS as a Service (BRASaaS)—a groundbreaking, edge-based broadband management solution aimed at transforming the capabilities of Tier 2 and Tier 3 Internet Service Providers (ISPs) across the country. This collaboration marks a […]
Karachi, 23 May 2025: Engro Holdings Limited is delighted to announce that Engro Corporation Limited has secured all approvals for its strategic partnership with Pakistan Mobile Communications Limited (“Jazz“) and its parent company, VEON Group. Through a Scheme of Arrangement, Jazz’s shareholding in Deodar (Private) Limited – which houses its telecom infrastructure assets – will […]
Lahore, Pakistan – May 23, 2025 – Pakistan’s leading technology innovation company, officially launched its cloud services, Z SAIS Cloud, at an event held in Lahore. This launch reaffirmed Zong’s commitment towards its strategic vision of building a truly digital Pakistan. The event celebrated Zong’s fully business-ready, locally hosted cloud platform, featuring enterprise-grade performance and […]
Karachi, May 23, 2025 — The State Bank of Pakistan (SBP) has granted its no-objection to United Bank Limited (PSX: UBL) for the proposed subdivision of its shares, paving the way for the bank to proceed with its restructuring plan aimed at boosting share liquidity. According to a stock filing made by UBL on Friday, […]
Islamabad – September 2025: The Securities and Exchange Commission of Pakistan (SECP) has issued a stern warning to the general public against investing through unlicensed online trading platforms, websites, and mobile applications that promise unrealistically high returns in stock or financial product investments. The regulator has received numerous complaints from licensed securities brokers and individual […]
Lahore, Pakistan — Kashf Foundation is proud to announce a landmark partnership with Habib Bank Limited (HBL), which has extended a Rs. 3.5 billion credit facility to support the growth and sustainability of women-led enterprises across Pakistan. This strategic collaboration aims to provide affordable and accessible credit to thousands of women entrepreneurs, particularly in remote and […]
New program enables issuers to enhance commercial offerings through fully integrated digital solutions. SAN FRANCISCO – Visa (NYSE:V), a global leader in digital payments, announced Visa Commercial Integrated Partners, a new program designed to improve connectivity between fintechs and Visa Commercial products through its commercial platform. Visa will make available advanced APIs to embed Visa products […]
LAHORE: In a landmark move aimed at revolutionizing Pakistan’s agricultural sector, Karandaaz Pakistan has partnered with GrowTech, a leading AgriTech innovator, to enhance digital and financial access for smallholder farmers across Punjab. The collaboration is set to accelerate the adoption of smart agriculture practices and digital financial tools in underserved regions, fostering greater productivity, profitability, […]