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 …
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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 »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 …
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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 …
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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. …
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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 …
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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 …
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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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KARACHI, May 12, 2026: Spotify has launched a special in-app experience titled “Spotify 20: Your Party of the Year(s)” to celebrate its 20th anniversary, giving users a nostalgic and personalized look back at their listening history. Starting today, Spotify users can access the interactive feature directly within the mobile app, …
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KARACHI (May 12, 2026): Chairman of the Exchange Companies Association of Pakistan (E-CAP), Malik Muhammad Bostan, has welcomed the visit of the Chinese delegation to Pakistan, calling it a positive development for promoting trade between the two countries. He said that extending the long-standing brotherly relations between Pakistan and China …
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