Business
Aramco to acquire a 40% stake in Gas & Oil Pakistan
Aramco, one of the world’s leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. (“GO”). GO, a diversified downstream fuels, lubricants and convenience stores operator, is one of the largest retail and storage companies in Pakistan. The transaction is subject to certain…
ABHI and Unilever Pakistan Have Partnered to Empower Employees with Earned Wage Access
In a significant move towards empowering employees financially, ABHI, an embedded finance platform, has partnered with Unilever Pakistan, a global FMCG company with a presence in 190 countries, to offer AbhiSalary – an Earned Wage Access (EWA) solution. This collaboration aims to empower Unilever Pakistan’s workforce by providing them with immediate access to a portion…
Daraz connects local communities and small businesses during 11.11 biggest sale of the year to enable e-commerce for everyone
Karachi, November 29, 2023: Daraz, the leading e-commerce platform in South Asia, has concluded its highly anticipated 11.11 Biggest Sale of the Year, with over 34 million users across Pakistan visiting Daraz and female sellers experiencing an average of over 170% increase in sales as opposed to a non-campaign day. The mission of Daraz is…
Pakistan presenting its Climate Resilience Agenda during COP 28
Islamabad, November 29, 2023 : In a concerted effort to address the urgent and escalating challenges posed by climate change, the Ministry of Climate Change & Environmental Coordination, in collaboration with the National Disaster Risk Management Fund (NDRMF), organized a High-Level Dialogue on “Pakistan’s Roadmap for COP 28 – Expectations & Goals.” This event served…
Technological solutions and customer awareness can reduce financial crimes
Technological solutions and customer awareness are two crucial aspects of combating the rising incidents of financial crimes across the country, said Federal Banking Ombudsman Sirajuddin Aziz. Speaking as a guest of honor at the conference” Financial Crimes in the Digital Age” organized by Eastnets and managed by Dellsons Associates recently, he said the banks should…