ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has emphasized that the revival of the Export and Import (EXIM) Bank is a top priority for the government, citing its critical role in fostering export-led economic growth. Briefing the Senate Standing Committee on Finance on Monday, the minister underscored the bank’s potential to enhance […]
Karachi – Symmetry Group Limited (SYM), a leading digital technology company based in Pakistan, has announced a strategic partnership with Aleph Holdings, a prominent Dubai-based technology firm. The development was disclosed in a notice to the Pakistan Stock Exchange (PSX) on Monday, with Symmetry expressing optimism about generating approximately $5 million in additional business during […]
Islamabad (Dec 18, 2024): The Asian Development Bank (ADB) and the Securities and Exchange Commission of Pakistan (SECP) jointly hosted a two-day Training of Trainers (ToT) workshop on December 17-18, 2024, aimed at enhancing gender diversity within Non-Banking Microfinance Companies (NBMFCs). The workshop was attended by representatives from all SECP-regulated NBMFCs and focused on promoting […]
Karachi: The Board of Directors (BoD) of Engro Holdings Limited, one of Pakistan’s largest conglomerates, has appointed Abdul Samad Dawood as the Chief Executive Officer (CEO) of the company. The announcement was made via a notice to the Pakistan Stock Exchange (PSX) on Monday. The BoD approved the appointment during its meeting on January 3, […]
KARACHI: Mashreq Pakistan has become the first bank in the country to launch pilot operations as a digital retail bank, following the issuance of a restricted license from the State Bank of Pakistan (SBP). As part of the leading MENA-based financial institution Mashreq, Mashreq Pakistan has achieved key milestones since incorporating operations in 2023. These […]
Islamabad – VEON Group has announced a transformative $15 million investment into Mobilink Bank, marking the first major foreign direct investment (FDI) in Pakistan in 2025. The funding aims to advance digital financial solutions, promote financial inclusion, and foster a cashless economy in the country. Aamir Ibrahim, Chairman of Mobilink Bank and CEO of Jazz, […]
Lahore, Pakistan – January 1, 2025 – In a major step toward enhancing customer convenience and driving digital transformation, Zarai Taraqiati Bank Limited (ZTBL) and Bookme.pk have signed a landmark agreement. The signing ceremony took place at Bookme.pk’s headquarters, located at the National Science & Technology Park (NASTP) on Abid Majeed Road, Lahore. The event […]
Islamabad – January 02, 2025: Global digital operator VEON Group reaffirms its confidence in the growth potential of Pakistan’s microfinance sector and Mobilink Bank by investing USD 15 million in fresh capital to drive the bank’s strategic ambitions. The capital injection will empower Mobilink Bank to expand its offerings in Micro, Small, and Medium Enterprise […]
Bitcoin surges over 120% and hits $100,000 milestone in 2024. Date: January 1, 2025 Bitcoin more than doubled in 2024 driven by the U.S. markets regulator’s approval for exchange-traded funds tied to its spot price, and optimism over easing regulatory hurdles with Donald Trump set to return to the White House. The world’s largest and […]
Date: January 1, 2025 Devsinc, one of Pakistan’s largest IT companies and a growing global force in technology innovation has announced a 100% acquisition of Alchemative Group, a leader in eCommerce and digital retail solutions. This acquisition marks a strategic step in Devsinc’s mission to deliver transformative technology solutions, strengthening its footprint across key markets, […]