KARACHI, July 13,2026: BankIslami has partnered with EFU Life Assurance and EFU General Insurance to offer affordable microtakaful products through its mobile banking application. Under the partnership, BankIslami customers can enroll in, pay for and submit claims for exclusive microtakaful plans directly through the app. The plans cover health, accidental …
Read More »Standard Chartered Appoints Adil Salahuddin as Pakistan CEO
KARACHI, July 13,2026: Standard Chartered Pakistan has appointed Adil Salahuddin as its Chief Executive Officer and Head of Coverage, subject to regulatory and statutory approvals. Announcing the appointment, Rola Abu Manneh, Chief Executive Officer for UAE, Middle East and Pakistan at Standard Chartered, said Pakistan remains one of the bank’s …
Read More »Meezan Bank, LUMS Partner to Expand Islamic Finance Education
KARACHI, July 13,2026: Meezan Bank has partnered with the Centre for Islamic Finance (CIF) at LUMS to expand access to industry-focused Islamic finance education and develop skilled professionals for the growing sector. The two organizations signed a Memorandum of Understanding (MoU) to combine Meezan Bank’s industry expertise with LUMS’ academic …
Read More »FPCCI Urges Government to Shield Trade, Industry from US-Iran Conflict
KARACHI July 13,2026: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal government to take immediate steps to protect Pakistan’s economy, trade and industry from the impact of renewed tensions between the United States and Iran. FPCCI President Atif Ikram Sheikh expressed concern over the …
Read More »FPCCI, SIFC Discuss Measures to Boost Pakistan’s IT Exports
ISLAMABAD July 11,2026: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Special Investment Facilitation Council (SIFC) held a meeting to discuss strategies for expanding Pakistan’s IT exports, attracting investment and accelerating digital transformation. The meeting of FPCCI’s Central Standing Committee on Import and Export Trade was …
Read More »Pakistan Banking Summit 2026 Opens with Focus on Economic Growth, Digital Finance
KARACHI, July 7,2026: The Pakistan Banks Association (PBA) on Monday opened the second Pakistan Banking Summit 2026 (PBS’26), bringing together policymakers, regulators, bankers and global experts to discuss reforms needed to strengthen Pakistan’s financial sector and accelerate economic growth. More than 600 participants attended the opening day, including senior government …
Read More »InfraZamin-Backed Islamic Financing of Rs4.76bn to Boost Local Electronics Manufacturing
Karachi, July 7,2026: A consortium of banks, led by The Bank of Punjab (BoP) and backed by InfraZamin Pakistan Limited, has achieved the financial close of a Rs4.76 billion, 10-year Islamic syndicated financing facility for Air Link Communication Limited and Select Technologies Limited. The financing will help expand advanced manufacturing …
Read More »TikTok Removes 22.5 Million Videos in Pakistan for Community Guidelines Violations in Q1 2026
KARACHI, July 7,2026: TikTok removed more than 22.5 million videos in Pakistan during the first quarter of 2026 for violating its Community Guidelines, according to the platform’s latest Community Guidelines Enforcement Report. The report, covering January to March 2026, highlights TikTok’s efforts to strengthen content moderation and provide a safer …
Read More »AI-Driven Tax System to Issue Notices as Pakistan Eyes $42bn Remittances: Aurangzeb
KARACHI, July 7,2026: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said Pakistan will introduce an AI-driven tax administration system that will issue tax notices with minimal human intervention. He also projected remittance inflows of $41-42 billion during the current fiscal year. Speaking at the Pakistan Banking Summit …
Read More »FPCCI, UNIDO-ITPO Bahrain Strengthen Partnership to Support SMEs and Entrepreneurship
KARACHI July 6,2026 : The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the United Nations Industrial Development Organization’s Investment and Technology Promotion Office (UNIDO-ITPO) Bahrain agreed to deepen cooperation to promote SMEs, entrepreneurship, investment and skills development in Pakistan. FPCCI President Atif Ikram Sheikh welcomed Dr. Hashim …
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