December 27, 2024 | The Biz Update

Bank Makramah Shareholders Approve Restructuring Scheme with 99.99% Support

The Biz Update1 day ago1 day ago02 mins

KARACHI, December 27, 2024: Bank Makramah Limited (BML) has achieved a significant milestone as its shareholders overwhelmingly approved the Scheme of Arrangement for the bank’s restructuring during an Extraordinary General Meeting on December 26, 2024. The scheme, which garnered a remarkable 99.99% of votes in favor, now awaits approval from the Islamabad High Court. Implemented…

Spotify Partners with JazzCash to Simplify Premium Payments in Pakistan

The Biz Update1 day ago1 day ago03 mins

KARACHI, December 27, 2024: Spotify has joined forces with JazzCash, a leading digital financial platform in Pakistan, to make Spotify Premium subscriptions more accessible. This partnership enables JazzCash users to subscribe to Spotify Premium Individual plans without requiring a traditional bank account. The initiative aims to expand access to ad-free music, offline downloads, and exclusive…