Halan Microfinance Bank Receives Rs. 1.4 Billion Capital Injection

Halan Microfinance Bank Receives Rs. 1.4 Billion Capital Injection

Karachi, Pakistan – Halan Microfinance Bank has secured a capital injection of Rs. 1.425 billion (approximately USD 5 million) following its acquisition by MNT Halan Pak B.V., a Netherlands-based company. The bank, formerly known as Advans Pakistan Microfinance Bank Limited, was officially rebranded to “Halan Microfinance Bank Limited” on September 16, 2024, after the acquisition […]

Jazz Business and Logon Partner to Launch BRAS as a Service, Empowering ISPs Across Pakistan

Jazz Business and Logon Partner to Launch BRAS as a Service, Empowering ISPs Across Pakistan

Islamabad, Pakistan — Jazz Business, a leading provider of enterprise ICT solutions in Pakistan, has announced a strategic partnership with Logon to introduce BRAS as a Service (BRASaaS)—a groundbreaking, edge-based broadband management solution aimed at transforming the capabilities of Tier 2 and Tier 3 Internet Service Providers (ISPs) across the country. This collaboration marks a […]

Engro Corporation and Jazz Finalize Strategic Tower Infrastructure Deal to Power Pakistan’s Digital Future

Engro Corporation and Jazz Finalize Strategic Tower Infrastructure Deal to Power Pakistan’s Digital Future

Karachi, 23 May 2025: Engro Holdings Limited is delighted to announce that Engro Corporation Limited has secured all approvals for its strategic partnership with Pakistan Mobile Communications Limited (“Jazz“) and its parent company, VEON Group. Through a Scheme of Arrangement, Jazz’s shareholding in Deodar (Private) Limited – which houses its telecom infrastructure assets – will […]

Zong Launches Pakistan’s First Fully Business-Ready Native Cloud Platform – Z SAIS Cloud

Zong Launches Pakistan’s First Fully Business-Ready Native Cloud Platform – Z SAIS Cloud

Lahore, Pakistan – May 23, 2025 – Pakistan’s leading technology innovation company, officially launched its cloud services, Z SAIS Cloud, at an event held in Lahore. This launch reaffirmed Zong’s commitment towards its strategic vision of building a truly digital Pakistan. The event celebrated Zong’s fully business-ready, locally hosted cloud platform, featuring enterprise-grade performance and […]

SBP Approves UBL Share Split to Enhance Liquidity

SBP Approves UBL Share Split to Enhance Liquidity

Karachi, May 23, 2025 — The State Bank of Pakistan (SBP) has granted its no-objection to United Bank Limited (PSX: UBL) for the proposed subdivision of its shares, paving the way for the bank to proceed with its restructuring plan aimed at boosting share liquidity. According to a stock filing made by UBL on Friday, […]

SECP Warns Public Against Fraudulent Online Trading Platforms Offering Unrealistic Returns

SECP Warns Public Against Fraudulent Online Trading Platforms Offering Unrealistic Returns

Islamabad – September 2025: The Securities and Exchange Commission of Pakistan (SECP) has issued a stern warning to the general public against investing through unlicensed online trading platforms, websites, and mobile applications that promise unrealistically high returns in stock or financial product investments. The regulator has received numerous complaints from licensed securities brokers and individual […]

HBL Partners with Kashf Foundation to Launch Rs. 3.5 Billion Facility for Women Entrepreneurs

HBL Partners with Kashf Foundation to Launch Rs. 3.5 Billion Facility for Women Entrepreneurs

Lahore, Pakistan — Kashf Foundation is proud to announce a landmark partnership with Habib Bank Limited (HBL), which has extended a Rs. 3.5 billion credit facility to support the growth and sustainability of women-led enterprises across Pakistan. This strategic collaboration aims to provide affordable and accessible credit to thousands of women entrepreneurs, particularly in remote and […]

Visa Launches Commercial Integrated Partners to Turbo-Charge the Fintech Ecosystem

Visa Launches Commercial Integrated Partners to Turbo-Charge the Fintech Ecosystem

New program enables issuers to enhance commercial offerings through fully integrated digital solutions. SAN FRANCISCO – Visa (NYSE:V), a global leader in digital payments, announced Visa Commercial Integrated Partners, a new program designed to improve connectivity between fintechs and Visa Commercial products through its commercial platform. Visa will make available advanced APIs to embed Visa products […]

Karandaaz and GrowTech Partner to Empower Smallholder Farmers through AgriTech and Financial Inclusion

Karandaaz and GrowTech Partner to Empower Smallholder Farmers through AgriTech and Financial Inclusion

LAHORE: In a landmark move aimed at revolutionizing Pakistan’s agricultural sector, Karandaaz Pakistan has partnered with GrowTech, a leading AgriTech innovator, to enhance digital and financial access for smallholder farmers across Punjab. The collaboration is set to accelerate the adoption of smart agriculture practices and digital financial tools in underserved regions, fostering greater productivity, profitability, […]

Telenor Pakistan launches Next-Generation CMS Commission Management System (CMS)

Telenor Pakistan launches Next-Generation CMS Commission Management System (CMS)

ISLAMABAD: Telenor Pakistan launched its next-generation Commission Management System (CMS), aimed at revolutionising how commissions are calculated and disbursed across its retail and franchise network. Powered by SAP and hosted on Google Cloud, the newly deployed CMS is designed to enhance transparency, ensure real-time accuracy, and build stronger relationships with channel partners. The successful implementation […]