Karachi: Mashreq Bank Pakistan — one of the country’s two licensed retail digital banks — has announced a strong focus on attracting workers’ remittances and introduced Pakistan’s first-ever profit-bearing current account, offering up to 5% per annum. During the launch of Mashreq NEO, the bank’s new digital banking platform tailored for Pakistan, Shahzad Khokhar, Head […]
Islamabad: The long-awaited merger between Telenor Pakistan and Ufone has moved into its final stage and is expected to be formally completed in the first week of December, according to official sources. After nearly a year of deliberations, regulatory processes, and operational assessments, all major milestones have now been cleared, paving the way for final […]
KARACHI: BankIslami has launched a nationwide outreach initiative aimed at strengthening public understanding of Islamic banking and accelerating the transition toward a Riba-free financial system in Pakistan. As part of the campaign, regional team leaders have begun conducting on-ground awareness and advocacy sessions with officials across the country. These engagements focus on enhancing knowledge of […]
KARACHI: Standard Chartered Pakistan has been awarded a comprehensive USD 72 million working capital and cash management mandate by Dawlance, a subsidiary of global home appliance giant Beko. The mandate marks a significant expansion of the bank’s footprint among multinational corporates operating in Pakistan. Under the agreement, Standard Chartered will deliver end-to-end working capital financing, […]
ISLAMABAD: Mobilink Bank, Pakistan’s leading digital microfinance institution, has officially launched its Islamic banking operations, aiming to deliver responsible and Shariah-compliant financial services nationwide. The announcement was made during VEON Group’s annual strategy session, Ignite, held in Abu Dhabi, shortly after the Bank received its Islamic Banking License from the State Bank of Pakistan (SBP). […]
Islamabad, November 9, 2025 — Federal Minister for IT and Telecommunication, Shaza Fatima Khawaja, announced on Saturday that Google has completed its registration in Pakistan and will soon be establishing a local office, marking a major milestone in the country’s growing technology sector. Speaking at a press conference, the minister revealed that manufacturing of Google […]
NetSol Technologies Limited (NETSOL), a leading software house in Pakistan, has inked an agreement worth over Rs500 million with the Government of Khyber Pakhtunkhwa to advance the province’s Paperless Government Project into its next phase. The listed company disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday. “NetSol Technologies has […]
In a major move towards financial digitisation, the State Bank of Pakistan (SBP) has launched a new digital investment platform, titled ‘InvestPak’, aimed at streamlining and digitising the process of investment in government securities for both individual and corporate investors. According to the country’s central bank, the web-based portal “will allow account holders, i.e. customers […]
Telenor Pakistan today announced the appointment of Bilal Javed Bhatti as its new Chief Business Officer (CBO). With over 20 years of diverse industry experience across product management, customer experience, sales leadership, and strategy, Bilal brings a wealth of expertise to his new role. A seasoned professional with over 12 years at Telenor, Bilal has […]
Riyadh, Saudi Arabia — November 2025 The 2025 edition of Aion Connect, held in Riyadh, brought together over 200 senior leaders from banks, fintechs, family offices and investors to discuss the next frontier of Saudi Arabia’s digital financial transformation — moving from vision to performance. In a market where nearly $140 billion in shareholder value […]