TPL Corp Board Grants Approval for VEON Group’s Acquisition of TPL Insurance

TPL Corp Board Grants Approval for VEON Group’s Acquisition of TPL Insurance

KARACHI: The Board of Directors of TPL Corp Limited has granted in-principle approval for VEON Group’s proposed acquisition of TPL Insurance Limited, a subsidiary of TPL Corp. According to a notification to the Pakistan Stock Exchange (PSX), the approval was given during a board meeting held earlier today. The board also authorized the company to […]

CDC Onboards JS Global Capital Limited to RAAST Aggregator, Expanding Real-Time Digital Fund Transfers

CDC Onboards JS Global Capital Limited to RAAST Aggregator, Expanding Real-Time Digital Fund Transfers

Karachi, 8 September: The Central Depository Company of Pakistan (CDC) has successfully integrated JS Global Capital Limited into its RAAST Aggregator Platform, marking another milestone in enabling secure and instant investor fund transfers. This strategic initiative further advances CDC’s mission of fostering digitalization, transparency, and operational efficiency in Pakistan’s capital market. The formal signing ceremony was […]

Faysal Bank and OPay Cross PKR 100 Billion Milestone in Digital Retail Payments

Faysal Bank and OPay Cross PKR 100 Billion Milestone in Digital Retail Payments

KARACHI: Faysal Bank Limited (FBL), in collaboration with its China-based fintech partner OPay, has surpassed a major milestone by processing over PKR 100 billion in digital retail payments within a short span of time. The achievement highlights Faysal Bank’s progressive strategy to strengthen its position in Pakistan’s digital payments landscape and accelerate the shift toward […]

ALIBABA.COM PARTNERS WITH MINISTRY OF IT & TELECOM PAKISTAN TO ACCELERATE DIGITAL TRADE AND SME GROWTH

ALIBABA.COM PARTNERS WITH MINISTRY OF IT & TELECOM PAKISTAN TO ACCELERATE DIGITAL TRADE AND SME GROWTH

Alibaba.com, a leading global B2B e-commerce platform, has entered into a Memorandum of Understanding (MoU) with Ignite – National Technology Fund, under Pakistan’s Ministry of Information Technology & Telecommunication (MoITT), to strengthen Pakistan’s digital economy and expand global opportunities for small and medium-sized enterprises (SMEs) and startups. The MoU was signed in Beijing during 2nd Pakistan-China B2B Investment Conference by […]

Digital fund transfers now instant, real-time settlements: SBP

SBP Directs Banks to Equip 25% of Branches with Cash Deposit Machines by 2028

KARACHI: In a major step towards digital banking, the State Bank of Pakistan (SBP) has directed banks and microfinance banks (MFBs) to ensure that at least 25 percent of their branch networks are equipped with Cash Deposit Machines (CDMs) by calendar year 2028. The directive is part of SBP’s broader strategy to accelerate self-service banking […]

Digitt+ Partners with Airalo to Offer Seamless Global Connectivity Through eSIMs

Digitt+ Partners with Airalo to Offer Seamless Global Connectivity Through eSIMs

Digitt+, Pakistan’s leading EMI, has announced an upcoming partnership with Airalo, the world’s first and largest eSIM provider, to make international travel smarter, simpler, and more connected for its users. With this integration, Digitt+ users will soon be able to purchase and activate Airalo eSIMs directly through the Digitt+ app, providing access to mobile data […]

TPL Corp Board Grants Approval for VEON Group’s Acquisition of TPL Insurance

VEON Group expresses intention to acquire Pakistan’s TPL Insurance

VEON Group Holding Company Ltd, a subsidiary of the Nasdaq-listed VEON Ltd, has expressed its intention to acquire shares and control in TPL Insurance Limited, marking a possible entry into Pakistan’s insurance sector. The development was disclosed by TPL Insurance Limited in its notice to the Pakistan Stock Exchange (PSX) on Thursday. According to a […]

Arif Habib Limited Joins CDC's RAAST Aggregator for Real-Time Fund Transfers

Arif Habib Limited Joins CDC’s RAAST Aggregator for Real-Time Fund Transfers

Karachi, September 2, 2025: The Central Depository Company of Pakistan (CDC) has onboarded Arif Habib Limited to its RAAST Aggregator Platform, marking a significant advancement in enabling secure, instant fund transfers for investors. This strategic integration, supported by Catalyst IT Solutions, furthers CDC’s mission to drive digitalization, transparency, and operational efficiency across Pakistan’s capital market.  A […]

Bank of Khyber Reports Outstanding Half-Yearly Financial Results for 2025

Bank of Khyber Reports Outstanding Half-Yearly Financial Results for 2025

Peshawar, August 28, 2025 — The Bank of Khyber (BoK) is delighted to announce a remarkable leap in its financial performance, reflecting the Bank’s robust business momentum, strong governance, and unwavering commitment to value creation for its stakeholders. For the half year ended June 30, 2025, BoK achieved a Profit Before Tax (PBT) of Rs. […]