ABHI Microfinance Bank has entered into a strategic partnership with Saif Group to introduce its Earned Wage Access (EWA) solution for the Group's workforce.
Read More »Kashan Bhatti
ABHI Microfinance Bank receives Phoenix Award
ABHI Microfinance Bank is proud to announce that it has received the Phoenix Award at Mobile Commerce 2026, one of Pakistan’s leading platforms for digital commerce, payments, and financial technology. The award recognizes ABHI Microfinance Bank’s transformation into a stronger, more resilient, and future-ready financial institution. It marks an important …
Read More »ABHI Microfinance Bank reports strong turnaround in 2025
KARACHI: ABHI Microfinance Bank Limited closed 2025 with a profit after tax of PKR 1.019 billion (highest ever in the bank’s history), compared to a loss of PKR 1.754 billion in 2024, marking a sharp recovery in the Bank’s financial performance leading to a PKR 2.773 billion profitability swing in …
Read More »D&B, Anthropic collaborate to transform AI-driven compliance via Claude
Dun & Bradstreet has announced a collaboration with Anthropic to bring D&B risk data directly into Claude, in a move expected to reshape how enterprises handle onboarding and compliance. The partnership will embed Dun & Bradstreet’s Commercial Graph™, a global database of business identities and risk indicators, into Claude, enabling …
Read More »Unstable Economic Policies, High Tax Rates Hindering Investment: Saquib Fayyaz Magoon SVP FPCCI
KARACHI: Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Saquib Fayyaz Magoon, has said that Pakistan currently has strong investment opportunities as its improved image amid regional developments is attracting global investor interest. However, he added that unstable economic policies and high tax rates …
Read More »BankIslami Launches FOCUS Financing Platform
Karachi, May 25, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, has launched its fully homegrown Finance Origination and Credit Underwriting System (FOCUS), a platform designed to digitalize and accelerate the customer financing journey.Leveraging AI-driven automation, FOCUS reengineers the Bank’s credit underwriting process from initiation to disbursement. The platform replaces …
Read More »Banks to open on May 29th and 30th for tax collection
KARACHI: To facilitate taxpayers in making over-the-counter (OTC) payment of Government duties and taxes, the State Bank of Pakistan (SBP) has decided, on the request of Federal Board of Revenue (FBR), that all branches of commercial banks shall observe extended working hours until 05:30 P.M. on Friday, May 29, 2026. …
Read More »Unstable Economic Policies, High Tax Rates Hindering Investment: Saquib Fayyaz Magoon
KARACHI: Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Saquib Fayyaz Magoon, has said that Pakistan currently has strong investment opportunities as its improved image amid regional developments is attracting global investor interest. However, he added that unstable economic policies and high tax rates …
Read More »When things burn, what reaches the body
Every time a material burns, it sets off a complex chemical reaction. This process, known as combustion, is not unique to any one source. It occurs in vehicle engines, industrial plants, household cooking fires, and cigarette use. Across these different settings, the underlying chemistry remains the same: when carbon-based materials …
Read More »SBP Receives $1.3 Billion from IMF Under EFF and RSF Programs
KARACHI, May 13, 2026: The State Bank of Pakistan (SBP) has received approximately $1.3 billion from the International Monetary Fund under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) programs, providing further support to Pakistan’s external financial position. According to the State Bank, the IMF Executive Board …
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