Latest

BankIslami Confirms Cyber Attack on its Debt Card Data

Karachi, October 30, 2018: Pakistan’s one of the leading shariah compliant bank-BankIslami Limited Monday confirmed cyber attack on its Debt Card Data base. Hackers steal $6 million from BankIslami Pakistan accounts The bank management has also confirmed TheBizUpdate’s earlier story that approximately $6 million fraud was withdrawn due to this cyber attack. According to an information…

Read More

Pakistan Navy commissioned the largest Fleet Tanker PNS Moawin

Islamabad, October 19, 2018: Pakistan Navy commissioned the largest indigenous constructed Fleet Tanker PNS Moawin. This is the first  17,000in tons ship constructed at Karachi Shipyard & Engineering Works (KSEW) with the technical assistance of the Turkish Navy. PNS Mowain  Commissioning ceremony was held at Pakistan Navy Dockyard, Karachi. President of Pakistan, Dr Arif Alvi…

Read More