Karachi– Citi announced today the appointment of Habib Yousuf as the Citi Country Officer (CCO) & Banking Head for Pakistan. His appointment will be effective December 15, 2025. Habib Yousuf will report to Naveed Kamal, Sub-Cluster & Banking Head, Middle East & Pakistan and succeeds Ahmed Bozai, former Citi Country Officer & Banking Head for […]
Systems Limited has announced that its Board of Directors has approved the acquisition of Confiz Pakistan (Private) Limited, along with all its direct and indirect shareholdings in the Confiz Group of Companies. According to a notice submitted to the Pakistan Stock Exchange (PSX), the transaction will be executed through an amalgamation or merger of Confiz […]
Singapore – NayaPay, one of Pakistan’s fastest growing fintech platforms, has launched global QR payments in collaboration with Alipay+, Ant International’s global wallet gateway. The partnership enables millions of NayaPay users to scan-and-pay at Alipay+ merchants initially across more than 50 countries, connecting Pakistani consumers to an extensive global ecosystem spanning retail, dining, transport, healthcare, entertainment and more. With […]
London/Karachi: Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has been recognized by the State Bank of Pakistan (SBP) under its Pakistan Remittance Initiative (PRI) as the Fifth Largest Bank in the Pakistan Remittance Market. The honor was presented at the Pakistan Remittance Summit 2025, held recently in London, UK. The recognition underscores […]
KARACHI: Meezan Bank has signed an agreement with Etihad Airways to offer exclusive travel-related discounts to its debit cardholders, further expanding the bank’s portfolio of value-added services for customers. The signing ceremony was held at Meezan Bank’s Head Office in Karachi and attended by senior officials from both organisations. Representing Meezan Bank were Ahmed Ali […]
Bank Makramah Limited’s stock performance continues to surge amid strategic restructuring and capital transformation. Bank Makramah Limited (BML) has rapidly become one of the most actively traded and closely watched banking stocks at the Pakistan Stock Exchange (PSX), driven by a turnaround strategy that has repositioned the institution into a growth-stage financial contender. BML’s share […]
The Saudi National Bank (SNB), the majority shareholder of Samba Bank Limited, has received an offer from Najd Gateway Holding Company to acquire SNB’s entire shareholding in Samba Bank Pakistan, representing approximately 84.51% of the bank’s issued shares. Samba disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. “The Saudi […]
Karachi, 4th December 2025: Meezan Bank, Pakistan’s leading Islamic bank and one of the largest banks in the country, has been awarded the top distinction at the 40th Corporate Excellence Awards hosted by the Management Association of Pakistan (MAP). With this recognition, the Bank has maintained its standing as the ‘Best Company in the Financial Category’ for the fourth consecutive […]
Habib was chosen in the ‘transportation and aerospace’ cateogry while BlackRock’s Chaudhry made it to the ‘venture capital’ list. Two Pakistanis – Salman Habib and Hassan Chaudhry – are among 600 people featured on the Forbes ‘30 Under 30 United States 2026’ list, spotlighting America’s brightest young entrepreneurs. Habib was honored in the ‘Transportation & […]
KARACHI: The State Bank of Pakistan (SBP) Governor Jameel Ahmad on Tuesday reaffirmed the central bank’s commitment to strengthening the country’s digital payments landscape, emphasing the need for a regulatory framework that drives innovation, competition, and consumer protection. Speaking at the launch of a new co-badged card introduced by Faysal Bank Limited in partnership with […]