Islamabad, Pakistan – In a strategic step towards enhancing the digital financial landscape of Pakistan, PayFast, a State Bank of Pakistan-licensed fintech, and Askari Bank, one of the country’s leading commercial banks, have signed a partnership agreement to launch a white-label checkout solution that makes use of Raast for easier payments. The signing ceremony, held […]
Amsterdam, Netherlands — Triple Jump, on behalf of ASN Impact Investors’ ASN Microkredietpool (AMP), has signed a €5 million term sheet with Pakistan’s Kashf Foundation. The financing will further strengthen Kashf’s mission of empowering low-income households, particularly women entrepreneurs, by expanding access to responsible financial services. The agreement underscores ASN Microkredietpool’s commitment to supporting inclusive […]
National Bank of Pakistan (NBP) proudly celebrates another prestigious recognition by receiving the UnionPay International Award for Strategic Contribution – Marketing Promotion. The award was presented by Mr. Nadeem Haroon, Country Head UPI (Pakistan, Qatar, Bahrain & Afghanistan) to Mr. Rehmat Ali Hasnie, President & CEO, NBP. The achievement was celebrated in the presence of […]
This integration to enable SECP to conduct smarter, faster surveillance The Pakistan Stock Exchange Limited (PSX) and the Securities and Exchange Commission of Pakistan (SECP) have entered into a strategic partnership to enhance oversight of the capital markets through a signed Memorandum of Understanding (MOU). The agreement, formalised at a ceremony at PSX on September […]
Islamabad — In a major step toward accelerating Pakistan’s transition to a cashless economy, the federal government has approved a Rs. 3.5 billion subsidy to promote merchant onboarding on the Raast platform and encourage wider adoption of digital payments through QR codes. The State Bank of Pakistan (SBP) announced that the incentive will support Person-to-Merchant […]
Karachi — The combined profitability of companies listed on the KSE-100 index rose by 1.8% year-on-year to Rs. 1.66 trillion in fiscal year 2025, according to a report by Arif Habib Limited (AHL). The modest increase was supported by strong performances in commercial banks, fertilizers, automobiles, cement, and pharmaceuticals, while energy, textiles, and chemicals dragged […]
StockIntel.com, Pakistan’s leading analytics and trading platform, today announced a groundbreaking integration with Chase Securities, a prominent brokerage house in Pakistan. This collaboration, powered by Microlinks as the technology partner, makes StockIntel the first multi-broker platform in Pakistan, offering investors unparalleled choice and flexibility. The integration with Chase Securities allows investors to open new account […]
KARACHI – Jubilee Life Insurance Company Limited (JLI), Pakistan’s largest private sector insurer, and United Bank Limited (UBL), one of the country’s largest financial institutions, have entered into a strategic partnership to launch innovative insurance solutions aimed at delivering greater financial security and long-term value to customers. The new product offering is first of its […]
Karachi,19 September 2025: Alibaba.com, a leading B2B e-commerce platform, hosted its flagship event CoCreate 2025 in the United States of America, unveiling its most ambitious AI-driven transformation for global trade and creating opportunities for small and medium enterprises (SMEs) worldwide. Pace Sports, a Sialkot-based manufacturer of custom sportswear and sublimated team uniforms, represented Pakistan at […]
HBL-P@SHA ICT AWARDS 2025 RECOGNIZES DIVERSITY, GROWTH, AND COMPETITIVENESS OF PAKISTAN’S IT INDUSTRY Altogether 104 companies were honored, with 37 winners, 58 as runner-up, and 9 receiving special appreciation awards Lahore, 19 September 2025: Pakistan’s IT Industry Association (P@SHA) hosted its premier industry event, the HBL-P@SHA ICT Awards 2025, to celebrate country’s brightest minds in […]