Pakistan cannot survive without radical reforms
Shahid Rasheed Butt, a former president of the Islamabad Chamber of Commerce and Industry (ICCI), said on Thursday that the government needs to move quickly to address structural issues that…
Mashreq Pakistan’s new shariah board to transform Islamic Banking in the Country
Mashreq Pakistan, a part of Mashreq, the leading financial institution in the MENA region, has announced the formation of the Shariah Board for its operations in Pakistan. Dr. Ahcene Lahsasna…
Trade & industry disappointed with inadequate rate cut: FPCCI
Mr. Atif Ikram Sheikh, President of FPCCI, has informed that Pakistan's business, industry, and trade community is disappointed with the monetary policy as it continues to be based on a…
JS Bank wins the prestigious “2024 USD Clearing Quality Recognition Award” from J.P.Morgan.
JS Bank, one of the fastest-growing banks in Pakistan, has been honored with the 2024 USD Clearing Quality Recognition Award for Outstanding Achievement, presented by J.P. Morgan. The award highlights…
Bank Alfalah partners with UPI to launch Co-Badge PayPak Debit Cards
Bank Alfalah Limited, one of the largest commercial banks in Pakistan, is pleased to announce a strategic partnership with UnionPay International to issue PayPak co-badge debit cards in Pakistan. This…
Reduced business costs and markup to promote industry: Mian Zahid Hussain
The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister…
Pak-Qatar Family Takaful and Meezan Bank aign agreement to launch Instant Withdrawals Facility
Pak-Qatar Family Takaful Limited (PQFTL), Pakistan’s Pioneer and leading Family Takaful Company and Meezan Bank, Pakistan’s leading Islamic bank, have announced a strategic partnership to revolutionise Pakistan's financial landscape. This…
United Business Group demands a reduction in interest rates by 4 to 5%
The United Business Group (UBG) President Zubair Tufail, Sindh Zone Chairman Khalid Towab, General Secretary (Sindh) Hanif Goher, central UBG leaders Mazhar Ali Nasir, and Malik Khuda Bakhsh, along with…
Pak-Qatar Family Takaful to introduce an instant withdrawal facility
Pak-Qatar Family Takaful Limited (PQFTL), a leading provider of Family Takaful solutions and part of Pak-Qatar Group, Pakistan's premier and pioneer Islamic financial services group, is pleased to announce a…
KATI demands an immediate reduction in bank interest rates to align with the inflation decline
The Korangi Association of Trade and Industry (KATI) has issued an urgent call to the State Bank of Pakistan (SBP) and the Government to promptly reduce bank interest rates in…
“Cut interest rates to revive rconomy,” Syed Mazhar Ali Nasir
Syed Mazhar Ali Nasir, Former Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Vice Chairman of UBG Sindh Region has appealed to the…
Meezan Bank and Mastercard strengthen strategic partnerships with enhanced offerings for customers across Pakistan
Meezan Bank, Pakistan’s leading Islamic bank and Mastercard have announced the renewal of their strategic partnership. This collaboration, formalized through a Memorandum of Understanding (MoU) signed by Syed Amir Ali…
Third in a row: 150bps cut is expected in the next policy announcement
The State Bank of Pakistan is scheduled to announce its monetary policy on September 12, 2024. We anticipate a 150bps cut, bringing the policy rate down to 18%— a level…
Pakistan has an estimated 4 million freelancers in the country
Zindigi, powered by JS Bank, has contributed significantly to the ecosystem of freelancers in Pakistan by launching its US Dollar-Based Freelancer Account, designed to empower Pakistan's burgeoning freelancer community. With…
Bank Alfalah renovates protectorate of emigrants Karachi Office
Bank Alfalah completed a comprehensive branding and renovation initiative at the Protectorate of Emigrants (PE) Karachi Office to enhance the experience of overseas workers going abroad for employment. To mark…
Dr Gohar Ejaz, urged reducing interest rates by 4% in next Monetary Policy meeting
The former caretaker federal minister and chairman of FPCCI Economic Think Tank, Dr Gohar Ejaz, urged reducing interest rates by 4 percent in the next Monetary Policy meeting. Ejaz, who…
Faysal Bank secures a Silver Dragon Award
Dragons of Pakistan: The “Dragons of Pakistan,” an extension of the international “Dragons of Asia,” is considered one of the country's most definitive and credible Marketing and Advertising Awards. It celebrates…
Mobilink Bank and CARE Pakistan join forces to empower 50,000 women.
Pakistan’s leading digital microfinance bank, Mobilink Bank, has joined forces with CARE Pakistan to unlock the potential of 50,000 women through the Strive Women program. Under this partnership, Mobilink Bank…
Telenor Microfinance Bank achieves record PBT of Rs 2.6 billion in H1 2024
The Board of Directors of Telenor Microfinance Bank (TMB), in its meeting held on August 22, 2024, approved the Bank’s financial results for the half year ended June 30, 2024.…
NBP demonstrates yet another period of remarkable performance in HI2024,
The Board of Directors of the National Bank of Pakistan, “NBP,” “the Bank,” met yesterday to approve the interim condensed financial statements for the half-year ended June 30, 2024. Demonstrating…
foodpanda announces strategic partnership with Visa to drive online payments
foodpanda, Pakistan's leading online delivery platform, is proud to announce a strategic partnership with Visa, a world leader in digital payments. The partnership is designed to accelerate the adoption of…
BankIslami’s profit before tax surged by 66.2% for HI2024
BankIslami continues its growth trajectory, delivering substantial returns to its shareholders with a remarkable 66.2% increase in profit before tax for the half-year ended 2024. The Bank's profit before tax…
Pak-Qatar Group achieves ISO/IEC 27001:2022 certification
Pak-Qatar Group is proud to announce its achievement of ISO/IEC 27001:2022 certification, demonstrating its commitment to rigorous standards in Information Security Management Systems (ISMS). This certification, issued by Risk Associates,…
She’s Next Club: Visa’s initiative to boost entrepreneurship among Pakistani Women
Following the successful launch of the first edition of the She’s Next global advocacy program in Pakistan, Visa, a world leader in digital payments, will initiate the She’s Next Club…
SLIC Summit 2024: Unveiling new digital services and showcasing industry leadership
The State Life Insurance Corporation of Pakistan (SLIC) hosted the SLIC Summit 2024, a pivotal occasion marking the official launch of its cutting-edge digital services and communication framework. The event…