Federal Minister for Finance, Senator Muhammad Aurangzeb, chaired a high-level meeting today at the Finance Division focused on advancing Pakistan’s transition toward a digital and less cash-dependent economy. The session brought together key stakeholders from the financial sector, including commercial banks, development finance institutions (DFIs), regulators, and investment experts. The participants, forming the core of […]
Pakistan Telecommunication Company Limited (PTCL) Group, comprising PTCL and Ufone 4G, has announced a strategic partnership with NETS International to modernize its IT Core Routing Platforms through the deployment of a state-of-the-art Cisco IT Core Routing Solution. This initiative reflects the Group’s ongoing commitment to delivering high-quality IT services by utilizing the latest advancements in […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]