Mobilink Bank, Pakistan’s leading digital microfinance bank, has introduced Climate Shock Insurance to protect small and medium-scale farmers and livestock owners from the escalating risks of climate change. Under the…
A leading legal expenses insurance provider has announced that it is extending its long-standing partnership with Sabio Group to support a multi-year digital transformation project. The initiative will see the…
The Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, as well as former provincial minister…
Mr. Atif Ikram Sheikh, President of FPCCI, has highlighted the technical difficulties and delays in filing income tax returns and recommended an extension of 30 days as a special case…
IMF has approved a 37-month Extended Fund Facility for Pakistan amounting to SDR 5.32bn (~USD 7bn), the second highest amount ever agreed upon under any IMF program regarding SDRs. Following this…
In a landmark move set to reshape the digital payments landscape in Pakistan, Faysal Bank Limited (FBL) has entered into a strategic partnership with Mastercard, a global leader in payment…
Faysal Bank Limited (FBL) is pleased to announce a new strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, under IFC’s Global Trade Finance…
Bank Alfalah, a leading commercial bank in Pakistan, has earned international acclaim by winning two awards at the 2024 Global Islamic Finance Awards (GIFA), highlighting its position as a leader…
Qist Bazaar, Pakistan’s Buy Now Pay Later (BNPL) fintech startup, has secured US$3.2 million in its Series A funding round. The round was led by Indus Valley Capital, with participation…
Mashreq Bank Pakistan has announced a salient feature of their success story, “Climb2Change”, to a select media personality in a luncheon media briefing in a local hotel today. Fernando Morillo,…
In a pioneering move towards sustainability, Jubilee Life Insurance, Pakistan’s largest private sector insurance company, has partnered with Spectreco to spearhead its transition to Net Zero. This step sets a…
September 2024 inflation is expected at 7.9% YoY vs. August 2024 inflation of 9.6%. M/M inflation is expected to be around 0.3%, at the same pace as last year. We expect…
Standard Chartered Pakistan launched the 6th Cohort of the Standard Chartered Women in Tech programme (WiT) in partnership with INNOVentures Global (Pvt.) Limited. This programme was first launched in Pakistan…
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…
Pakistan’s leading digital microfinance bank, Mobilink Bank, has secured the prestigious title of ‘Best Digital Banking Services’ (Microfinance Category) at the 21st Annual Excellence Awards hosted by CFA Society Pakistan.…
JS Global Capital Limited (JSGCL), Pakistan’s premier investment firm, has further elevated the industry benchmark with a historic and unprecedented win in all 5 awards under the Brokerage category at…
Pak-Qatar Asset Management Company Limited (PQAMC) is a leading dedicated Islamic Asset Management Company in Pakistan and part of Pak-Qatar Group, Pakistan’s Pioneer and Premier Islamic financial services group. PQAMC…
Muhammad Kamran Arbi, President of the Site Association of Industry (SAI), has criticized the State Bank of Pakistan's (SBP) recent 2% cut in the interest rate, arguing that a more…
The President of United Business Group (UBG) Zubair Tufail, Chairman of Sindh Region Khalid Tawab, and Secretary General Hanif Gohar, along with central leaders Syed Mazhar Ali Nasir, Momin Ali…
Faysal Bank Limited (FBL), one of Pakistan's leading Islamic banks, is pleased to announce the renewal of its strategic partnership with Mastercard. The renewal and expansion of this strategic partnership…
Acting President Karachi Chamber of Commerce & Industry (KCCI) Altaf A. Ghaffar, while commenting on State Bank’s decision to reduce the interest rate by 2 percent to 17.5 percent, stated…
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, 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…
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, 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…