Yousaf Hussain Takes Over as OICCI President

Yousaf Hussain Takes Over as OICCI President for 2024-2026 Term

Karachi, 30th September 24: President and CEO of Faysal Bank Ltd. Yousaf Hussain has been elected as the new president of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2024-2026 term. The announcement was made during the Chamber’s Extraordinary General Meeting held on Monday. In addition to the president, Managing Director and CEO […]

Pakistan to Launch National Digital Payment Index Soon

Pakistan to Launch National Digital Payment Index Soon to Accelerate Payment Digitization

In a landmark move to track and enhance the progress of digital payments, Pakistan is set to introduce a national Digital Payment Index (DPI), aiming to assess the penetration and effectiveness of digital payment infrastructure across the country. The initiative will provide a crucial tool for policymakers, financial institutions, and private sector players to gauge […]

Timepay Pakistan Partners with PHA Foundation

Timepay Pakistan Partners with PHA Foundation to Revolutionize Digital Payments in Housing Sector

Islamabad, Pakistan – The Pakistan Housing Authority Foundation (PHA-Foundation) has announced a strategic partnership with Timepay Pakistan to revolutionize digital payment solutions within the housing sector. This collaboration marks a pivotal step toward enhancing financial transactions for PHA-Foundation members and stakeholders by offering fast, secure, and user-friendly digital payment services. The partnership aims to eliminate […]

PTCL and IFC-Led Consortium Secure Historic $400 Million Financing Deal

PTCL and IFC-Led Consortium Secure Historic $400 Million Financing Deal for Acquisition of Telenor Pakistan

KARACHI, September 2024 — Pakistan Telecommunication Company Limited (PTCL) and the International Finance Corporation (IFC)-led consortium celebrated a landmark financing agreement to facilitate PTCL’s acquisition of Telenor Pakistan and Orion Towers (Private) Limited. The acquisition, valued at Rs 108 billion, is subject to regulatory approvals and marks a pivotal moment in Pakistan’s telecom sector. PTCL […]

Easypaisa Partners with KTrade

Easypaisa Partners with KTrade to Bring Digital Stock Trading to Customers

In a major step towards fostering financial inclusion and digitization in Pakistan, easypaisa has announced a strategic partnership with KTrade, a leading stock trading platform. This collaboration will enable easypaisa users to seamlessly participate in digital stock trading directly through the easypaisa app. By integrating KTrade’s user-friendly platform into the app, easypaisa is empowering its […]

Yango Partners with Waada

Yango Partners with Waada to Launch Free Ride Insurance for Passengers and Drivers

Karachi, Pakistan – September 26, 2024: International ride-hailing service Yango, part of the global Yango Group, has partnered with Waada, a leading Insurtech company in Pakistan, to introduce free Ride Insurance. This collaboration offers one of the most extensive safety coverages provided by any ride-hailing service in the country, benefiting both passengers and partner drivers […]

Jazz and UNDP Expand Partnership

Jazz and UNDP Expand Partnership to Advance Digital Literacy and Economic Empowerment in Pakistan

Islamabad, September 25 (APP): Jazz, Pakistan’s leading digital operator, has strengthened its commitment to promoting digital and financial literacy, economic empowerment, and reducing the digital divide through a strategic Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP). The collaboration aims to foster inclusive development and sustainable economic growth, leveraging technology-driven solutions to […]

LOLC Microfinance Bank Partners with Covalent Global

LOLC Microfinance Bank Partners with Covalent Global for Digital Enablement of LOLC Debit Cards

Karachi, Pakistan – In a significant step towards enhancing its digital ecosystem, LOLC Microfinance Bank has announced a strategic partnership with Covalent Global. This collaboration aims to introduce an advanced Card Management System along with robust Middleware Services, paving the way for seamless digital enablement for LOLC’s customers. The partnership is set to revolutionize LOLC’s […]

Faysal Bank Partners with IFC

Faysal Bank Partners with IFC to Establish Trade Finance Guarantee Facility

KARACHI, September 25, 2024 – Faysal Bank Limited (FBL) has announced a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, under IFC’s Global Trade Finance Program (GTFP). This collaboration marks a significant step forward in enhancing FBL’s trade finance capabilities, as both institutions explore the establishment of a […]

Systems Limited Wins Top IT Services Exporter Award

Systems Limited Wins Top IT Services Exporter Award at P@SHA ICT Awards 2024

Islamabad, Pakistan – Systems Limited, a global leader in IT services and solutions, has once again been recognized for its exceptional contributions to Pakistan’s technology landscape, securing the prestigious Top IT Services Exporter Award at the P@SHA ICT Awards 2024. The award was presented by Shaza Fatima Khawaja, State Minister for Information Technology and Telecommunication, […]