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The Biz Update

SECP

SECP’s Startup Summit 2024 to Boost Pakistan’s Startup Ecosystem

KARACHI, November 07, 2024: The Securities and Exchange Commission of Pakistan (SECP) held a press briefing today, at its Karachi Office in Islamabad on the upcoming Pakistan Start-up Summit. The event, scheduled for November 11th and 12th, 2024, at the Pearl Continental Hotel in Karachi, promises to be a transformative platform for Pakistan’s entrepreneurial ecosystem….

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JAZZ

Jazz’s Garaj Partners with Standard Chartered Bank to Establish Regional Availability Zone

KARACHI, November 07, 2024: Garaj, Pakistan’s leading cloud services and cybersecurity solutions provider by Jazz, has partnered with Standard Chartered Bank to create a regional availability zone in Pakistan. This strategic initiative will enhance Standard Chartered’s operational resilience and customer experience across multiple countries, reinforcing its commitment to digital transformation and streamlined global data centre…

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BANK ISLAMI

BankIslami’s Vision of ‘Saving Humanity from Riba’ Resonates with Pakistan’s Diverse Communities

KARACHI, November 06 2024: BankIslami, a leading Islamic financial institution in Pakistan, has launched a significant initiative to promote its riba-free (interest-free) banking services to individuals of diverse backgrounds and faiths underscoring the bank’s commitment to ethical and inclusive banking practices. Riba, or interest, is prohibited in many religions due to its perceived unjust nature….

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