Investing

Jan 16, 2025, Karachi, Pakistan – InfraZamin Pakistan (IZP), has successfully issued its first short-term guarantee of PKR 600m against a PKR 800m Trade Finance Facility by HABIBMETRO for Jaffer Business Systems. The groundbreaking facility will support Jaffer Business Systems (JBS), an established technology and business solutions provider, to expand its business in digital and…

Karachi: The United Nations Development Programme (UNDP), in collaboration with Unilever Pakistan and Seed Ventures, has launched the 2nd Life Pakistan 2.0 initiative, a groundbreaking effort to innovate waste management solutions in Pakistan. Building on the success of its first edition, 2nd Life Pakistan 2.0 expands its focus beyond plastics to include food waste, e-waste,…

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has uncovered another illegal deposit-taking and investment scheme operating under the names of Summit 4X Trade and Summit AH Experts. According to the SECP, the scheme’s sponsors, Abdul Hai and Summer Abbas, are primarily targeting residents of Layyah district through branch offices, WhatsApp, and phone calls….

Islamabad – VEON Group has announced a transformative $15 million investment into Mobilink Bank, marking the first major foreign direct investment (FDI) in Pakistan in 2025. The funding aims to advance digital financial solutions, promote financial inclusion, and foster a cashless economy in the country. Aamir Ibrahim, Chairman of Mobilink Bank and CEO of Jazz,…

Islamabad – January 02, 2025: Global digital operator VEON Group reaffirms its confidence in the growth potential of Pakistan’s microfinance sector and Mobilink Bank by investing USD 15 million in fresh capital to drive the bank’s strategic ambitions. The capital injection will empower Mobilink Bank to expand its offerings in Micro, Small, and Medium Enterprise…