Karachi, — In a landmark collaboration, ZLK Islamic Financial Services, Pakistan’s premier Shariah-compliant brokerage firm, has partnered with Dubai Islamic Bank Pakistan Limited (DIBPL), a subsidiary of the world’s first Islamic bank, Dubai Islamic Bank UAE. The partnership was formalized through a Memorandum of Understanding (MOU) signed by Mr. Junaid Ahmed, CEO of DIBPL, and […]
Islamabad, — New Energy Nexus, a global organization committed to advancing clean energy, has announced a strategic partnership with Renewables First, Pakistan’s premier think tank for energy and environmental issues. The partnership was unveiled at the Pakistan Cleantech Forum in Islamabad and is set to drive economic growth, job creation, and international investment in Pakistan’s […]
Amsterdam and Karachi, 22 July 2024 – VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator, proudly announces that Jazz, its leading digital operator in Pakistan, has secured the country’s largest long-term private sector syndicated credit facility, amounting to PKR 75 billion (approximately USD 270 million). This landmark 10-year financing arrangement is set to […]
The State Bank of Pakistan (SBP) has announced the appointment of nine banks and one financial institution as Primary Dealers (PDs) for the investment in Government Securities, including Medium Term Bills (MTBs) and Pakistan Investment Bonds (PIBs) for the fiscal year 2024-25. Following a rigorous evaluation process, the SBP selected the following institutions as Primary […]
Islamabad, June 3, 2024 — The National University of Sciences & Technology (NUST) has announced a strategic partnership with Zayn Capital VC , appointing them as the Resident Venture Capitalist at Pakistan’s inaugural Science and Technology Park. This collaboration is set to foster innovation, support startups, and catalyze technological and economic growth in the region. […]
In a vibrant ceremony hosted at the Pakistan Stock Exchange (PSX), the listing of the Mahaana Islamic Index Exchange Traded Fund (MIIETF) was celebrated with notable dignitaries in attendance. Among the distinguished guests were Mr. Akif Saeed, Chairman of the Securities and Exchange Commission of Pakistan (SECP), and His Excellency Mr. Henrik Persson, the Ambassador […]
In a significant development for Pakistan’s financial sector, Mr. Farrukh Sabzwari has been elected as the Chairman of the Central Depository Company of Pakistan Limited (CDC). With over 25 years of distinguished experience in investment banking, both domestically and internationally, Mr. Sabzwari brings a wealth of expertise to his new role. Prior to his appointment […]