Karachi, Pakistan – Samba Bank Limited has announced its decision to convert from a conventional bank to an Islamic banking institution, according to a notice submitted to the Pakistan Stock Exchange (PSX) on Thursday. In a material information disclosure, the bank revealed that its Board of Directors has granted in-principle approval for the conversion plan. […]
PayFast Becomes The First Payment Gateway to Partner with Google Pay in Pakistan
Karachi, March 13, 2025 – PayFast, a leading State Bank-licensed PSO/PSP and MSP for Raast P2M payments in Pakistan, has unveiled an exciting partnership with Google Pay, making it the first fintech in the country to launch this innovative payment solution. This milestone brings seamless, secure, and fast transactions to online shoppers, allowing them to […]
JazzCash boosts Digital Payments with Google Wallet in Pakistan
KARACHI: JazzCash customers can now add their debit cards to Google Wallet, allowing over 13 million monthly active users to make secure and seamless tap-to-pay transactions. This integration transforms smartphones into convenient payment tools, enabling effortless person-to-merchant (P2M) transactions. The collaboration with Google Wallet further strengthens JazzCash’s comprehensive suite of payment options, which already includes […]
Lejion Media Leads Massive Iftar Drive in Saudi Arabia with NBP, Al Rajhi Bank, SNB, and Arab National Bank
Riyadh, Saudi Arabia – March 11, 2025 – UAE-based Lejion Media has successfully led a large-scale Iftar distribution campaign across Saudi Arabia, aimed at supporting blue-collar Pakistani workers during the holy month of Ramadan. The initiative was organized on behalf of the National Bank of Pakistan (NBP) in collaboration with Al Rajhi Bank, Saudi National […]
UBL completes Acquisition of Silkbank Limited
KARACHI: United Bank Limited (UBL) has successfully completed the amalgamation of Silkbank Limited (SBL) with and into UBL, effective from March 11, 2025. This milestone marks a significant step in UBL’s journey as one of Pakistan’s leading financial institutions. The merger has been formally approved by the State Bank of Pakistan (SBP) through a Sanction […]
Google Pay set to Launch Today in Pakistan
Karachi, Pakistan – Pakistan’s digital payments ecosystem is set to witness a major milestone with the official launch of Google Pay on the night of March 12th. Informed sources have revealed that Google executives will be arriving in Karachi to mark the occasion. The launch will introduce Google Wallet to Pakistan, with banks and fintech […]
PTCL Appoints Zarrar Hasham Khan as Chairman
Islamabad, March 11, 2025 – Pakistan Telecommunication Company Limited (PTCL) has announced the appointment of Zarrar Hasham Khan as its new chairman, replacing Azfar Manzoor. The company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Tuesday. “We have to inform you that Zarrar Hasham Khan has been appointed as chairman […]
inDrive Teams Up with PSO DIGICASH to Elevate Driver Experience Across Ride-Hailing and City-to-City Verticals
The Partnership Between inDrive and PSO DIGICASH Offers Exclusive discounts and Cashback for inDrive Drivers, Streamlining Fuel Management and Supporting Financial Efficiency. KARACHI, 11th March, 2025 – inDrive, the No.1 ride hailing app in Pakistan, is pleased to announce a new strategic partnership with PSO DIGICASH, a leading fuel management solution from Pakistan State Oil (PSO). This collaboration […]
Naeem Khanani: Pioneering Real Estate Security Tokens (REST) in Pakistan
Revolutionizing Pakistan’s Real Estate with Blockchain Technology In a groundbreaking move for Pakistan’s real estate sector, Naeem Khanani, CEO of DigiEstate Private Limited, is spearheading the introduction of Real Estate Security Tokens (REST) on blockchain-based technology. This pioneering initiative is being conducted under sandbox testing with key regulatory bodies, including the Securities and Exchange Commission […]
SBP Approves Merger of Silk Bank with United Bank Limited
March 11, 2025 – Karachi: The State Bank of Pakistan (SBP) has officially sanctioned the amalgamation of Silk Bank Limited (SBL) with United Bank Limited (UBL), as disclosed in a notification to the Pakistan Stock Exchange (PSX) on Tuesday. In a formal announcement dated March 11, 2025, UBL informed the PSX that the SBP issued […]