Karachi: Tuesday, November 12, 2024 – Saudi National Bank (SNB) has decided against selling its majority stake in Samba Bank Limited (PSX: SBL), as disclosed in a notification to the Pakistan Stock Exchange (PSX) on Tuesday. The announcement stated, “We have been notified that after the completion of due diligence and exploration for the sale […]
Bitcoin surged to a new all-time high of $89,640 early Tuesday, edging closer to the highly anticipated $90,000 mark as investors ramp up bets on Donald Trump’s return to the White House after his decisive victory in last week’s U.S. presidential election. The cryptocurrency market has rallied strongly, with Bitcoin gaining approximately $8,600—an 11% increase—in […]
NymCard, a global Banking-as-a-Service (BaaS) provider, has announced a strategic partnership with Digitt Plus, one of Pakistan’s premier Electronic Money Institutions (EMI). This collaboration aims to reshape the digital finance landscape in Pakistan by providing fintechs with an integrated, streamlined platform for launching wallet and card programs. As Pakistan’s digital ecosystem continues to evolve, this […]
Singapore – Bitcoin reached a record high above $81,000 on Monday amid a growing belief that cryptocurrencies could thrive under a favorable regulatory environment in the United States following Donald Trump’s recent election as President, along with the success of pro-crypto candidates in Congress. The world’s largest and most popular cryptocurrency has more than doubled […]
PESHAWAR: Bank of Khyber (BoK) held its 195th Board of Directors meeting on October 29, 2024, at the Bank’s Head Office in Peshawar, where members reviewed and approved the financial results for the nine-month period ending September 30, 2024. The meeting was presided over by Ikramullah Khan, Additional Chief Secretary of the Government of Khyber […]
London – Bitcoin surged to a new all-time high on Sunday, topping $80,000 as traders speculated that Donald Trump’s potential return to the White House could boost the digital currency’s prospects. The cryptocurrency’s rapid climb reflects investor confidence in the former president’s pro-crypto stance, with many expecting his policies to foster growth in the sector. […]
Islamabad, Pakistan – In a key step toward fostering sustainable finance, InfraZamin Pakistan, Pakistan’s leading credit enhancement guarantor, held a high-profile seminar in collaboration with the State Bank of Pakistan (SBP), Pakistan Banks’ Association (PBA), and the Private Infrastructure Development Group (PIDG). Titled “Enabling Green Financing and Green Bonds via Credit Enhancement Solutions,” the event […]
ISLAMABAD, November 08, 2024 – Senior leaders from VEON Group, joined by executives from Jazz, recently met with Prime Minister Shehbaz Sharif to discuss strategic investment initiatives aimed at accelerating Pakistan’s digital transformation. The meeting covered key areas including banking, financial services, data centers, software, and cloud infrastructure, all positioned as drivers for the country’s […]
Islamabad, Pakistan – The National Incubation Center (NIC) Islamabad, Pakistan’s leading technology business incubator, hosted its annual NIC Connect 2024 Media Day on Thursday, spotlighting local startups that are innovating to meet Pakistan’s unique challenges and positioning themselves to compete globally. The event served as a platform for 24 pioneering startups to showcase their cutting-edge […]
Amsterdam, Dubai, Islamabad, 07 November 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, today announced a strategic collaboration between Jazz, VEON’s digital operator in Pakistan, and Standard Chartered Bank (SCB). Through Jazz’s enterprise solutions arm, Garaj, the partnership aims to establish a regional availability zone for SCB, reinforcing the bank’s […]