In a key corporate development, Engro Holdings Limited, one of Pakistan’s largest business conglomerates, has appointed Hussain Dawood as Chairman of the Board and Abdul Samad Dawood as Chief Executive Officer. The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Monday. “This is to inform you that following […]
KARACHI: Karandaaz Pakistan and digital payments enablement company Tapsys have entered into a strategic partnership aimed at accelerating digital payment adoption among up to 10,000 micro and small merchants across Pakistan under the Raast Merchant Onboarding & Facilitating Entities (RMOFE) programme. Under the agreement, the two organisations will collaborate on merchant onboarding, activation, and deployment […]
Partnerships spanning AI, cloud solutions, healthcare, SME enablement and digital payments aim to accelerate Pakistan’s digital transformation Hangzhou, China, 24 May 2026 – The Government of Pakistan and Alibaba have signed a series of Memoranda of Understanding (MoUs) covering artificial intelligence (AI), cloud solutions, digital skills, healthcare technology, e-commerce, SME development, and digital financial services, […]
Empowering Exporters with The Agentic Business Team for SMEs Lahore/Sialkot, May 22, 2026 – Alibaba.com, a leading global B2B e-commerce platform, today announced the launch of Accio Work in Pakistan, positioned as the Agentic Business Team for SMEs. This launch marks a significant shift in digital trade, providing small and medium-sized exporters with an autonomous, […]
HBL has announced that it acted as Financial Advisor in connection with the successful issuance of the inaugural Panda Bond of the Government of Pakistan, marking the country’s debut in China’s domestic bond market. The inaugural Panda Bond, structured as a Sustainable Development Bond, is aimed at financing National Priority Projects with significant economic, social, […]
BankIslami, one of Pakistan’s fastest growing Islamic financial institutions, has signed a Memorandum of Understanding with the Export-Import Bank of Pakistan (EXIM Bank), marking Pakistan’s first Shariah-compliant trade and export finance partnership of its kind. The collaboration aims to strengthen the country’s trade finance framework and expand access to Riba-free financial solutions across Pakistan. The […]
ISLAMABAD: JazzCash has crossed 60 million registered customers, processing Rs 16.8 trillion (approximately USD 59.7 billion) in Gross Transaction Value in the 12 months ending March 31, 2026, up 56 percent year-on-year, as demand for digital payments, lending, and disbursement services continued to accelerate. The rapid expansion in transaction value was driven by a 47.3 […]
Islamabad, May 14, 2026: Pakistan’s leading digital microfinance Bank, Mobilink Bank, has launched the “Bibi App,” a breast cancer awareness mobile application designed to support Pakistani women through accessible and localized health information. The application has been developed by Aangan, a startup focused on women’s reproductive health and an incubatee of Mobilink Bank’s Women Inspirational […]
National Bank of Pakistan (NBP) has received approval for the commercial launch of Raast Person-to-Merchant (P2M) Acquiring, marking a major milestone in the Bank’s digital payments journey and Pakistan’s broader transition towards a cashless economy. On this occasion, a meeting was held with representatives from NBP’s Digital Banking Group and the State Bank of Pakistan’s […]
Karachi— Citi outlined a clear pathway to stronger and more durable returns at its 2026 Investor Day, highlighting the increasing strategic importance of its global network in driving future growth. Led by Jane Fraser, Chair and Chief Executive Officer, alongside the leaders of Citi’s five businesses and its Chief Financial Officer, Investor Day set out near‑ […]