Karachi, 30th October 2024: Meezan Bank, Pakistan’s leading Islamic bank, has been honored with the prestigious ‘Best Company in the Financial Category’ award at the 39th Corporate Excellence Awards, hosted by the Management Association of Pakistan (MAP) at the Marriott Hotel, Karachi. The event brought together prominent government officials, dignitaries, thought leaders, regulators, and leading…
KARACHI, October 30, 2024: Accelerating the digitization of payments, the State Bank of Pakistan and K-Electric, the country’s sole private power utility, have made a significant advancement by signing agreements to initiate a Proof of Concept under Raast’s Payment Initiation Service Provider (PISP) model. This collaboration will assess the feasibility of incorporating K-Electric’s consumer and…
Islamabad: (30th October, 2024): The Pakistan Telecommunication Authority (PTA) Zonal Office in Lahore, in close collaboration with the Federal Investigation Agency (FIA) Cyber Crime Circle, Lahore conducted another successful raid against Ufone franchisee located at Burewala. This franchisee was found to be involved in the illegal issuance of SIMs. During the raid, 14 active SIMs,…
Tanzania, October 30, 2024: In a significant boost for Pakistan’s export sector, the first consignment of Pakistani-made tractors has successfully arrived in Tanzania, marking a major milestone in the nation’s trade relations with East Africa. This achievement is the result of concerted efforts led by Federal Minister for Commerce Jam Kamal Khan, alongside key officials…
Islamabad, October 30 2024: In a significant turn of events for Pakistan’s privatization efforts, the country received just one bid for a stake in its struggling national carrier, Pakistan International Airlines (PIA). This comes as a disappointment, as five other consortiums opted out of what is one of the government’s major attempts to divest its…