Dubai Islamic Bank (DIB) Pakistan has partnered with Haball to launch a state-of-the-art digital supply chain financing solution designed to empower Small and Medium Enterprises (SMEs) across the Pakistan. This strategic collaboration aims to bridge the financing gap for SMEs, providing them with streamlined access to funds while driving financial inclusion in the country. The […]
Collaboration accelerates cashless transformation through innovative, consumer-centric initiative Backed by Delivery Hero’s global expertise, Mastercard and foodpanda’s initiatives will also foster inclusive growth in the country Karachi, Pakistan; 22 January 2025: Mastercard has once again collaborated with foodpanda, a Delivery Hero-owned online food and grocery delivery platform, to boost digital payment in Pakistan and support the nation’s […]
The Competition Commission of Pakistan (CCP) has granted approval for Optimus Capital Management (Private) Limited (OCMPL) to acquire a 95.59% shareholding in Alfalah Securities (Private) Limited (ASPL). The transaction, executed under a Share Purchase Agreement, received the green light following a comprehensive competition assessment. The CCP defined the relevant product market as “brokerage services,” which […]
Islamabad, Pakistan – Pakistan Telecommunication Company Limited (PTCL) Group, the parent company of U Microfinance Bank (U Bank), has announced a significant equity injection of PKR 4 billion (USD 15 million) into U Bank. This strategic investment aims to accelerate the bank’s growth in Islamic Banking services and drive digital innovation, reinforcing PTCL Group’s unwavering […]
Karachi – In a landmark move towards enhancing financial inclusion in Pakistan, Virtual Remittance Gateway (VRG), HBL Konnect, and easypaisa have signed a historic agreement for agent interoperability. The ceremony, held in the presence of senior officials from the State Bank of Pakistan (SBP), marks a significant step in the evolution of branchless banking in […]
His Excellency Ambassador Mr. Naveed Safdar Bokhari served as the Chief Guest at the award ceremony of a cricket tournament organized for the blue-collar community at Pakistan School Muscat. The event was co-sponsored by the National Bank of Pakistan, United Arab Emirates, and Al Jadeed Exchange, Oman. In his address, the Ambassador commended the organizers […]
JS Bank has announced a groundbreaking partnership with the State Life Insurance Corporation of Pakistan (SLIC) to streamline premium payments for policyholders. This collaboration aims to enhance convenience and accessibility by introducing a range of digital and physical payment options. The Go-Live ceremony to mark this significant milestone was attended by senior leadership from both […]
Karachi, Pakistan – In a significant step toward advancing digital transformation and financial inclusion, Pakistan Stock Exchange (PSX) has expanded its partnership with 1LINK by adopting the Book Building feature under the 1BILL platform. The collaboration was formalized at a signing ceremony attended by senior executives, including Mr. Farrukh Sabzwari, Managing Director of PSX, and […]
KARACHI: Global mobility platform inDrive has announced the appointment of Muhammad Awais Saeed as its new Country Lead for Pakistan, signaling a key milestone in the company’s strategic growth within the region. In his new capacity, Saeed will oversee inDrive’s business operations across Pakistan, focusing on strengthening the company’s presence through effective management of local […]
Dubai, UAE: Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank, has been appointed to the Group Executive Committee (GEC) of VEON, in addition to his current responsibilities of leading VEON’s businesses in Pakistan. This strategic move aims to strengthen VEON’s alignment with its markets and bolster its ambitious digital services-driven growth plans. […]