Banking Sector
Telenor Microfinance Bank Announces PKR 1.2 Billion Pre-tax Profit for 2023
Telenor Microfinance Bank Announces PKR 1.2 Billion Pre-tax Profit for Financial Year 2023, a Testament to its Innovative Digital-First Banking Model ISLAMABAD (
Mobilink Bank registers doubling its revenue in Q1 2024
Mobilink Bank registers a solid start to the year by doubling its revenue in Q1 2024 ISLAMABAD ( Web News ) Pakistan’s leading
Bank Al-Falah Approves Offer From Bank Asia To Acquire Operation And Liabilities
Bank Al-Falah Approves Offer From Bank Asia To Acquire Operation, Assets And Liabilities Of The Bank. ISLAMABAD ( Web News ) The Board
Three in four people would be happier living in a smart and connected city. Report
Karachi ( Web News ) Three in four people would be happier living in a smart and connected city, according to a new
Telecom
PTCL Group posted Double Digit Revenue Growth of 14%
PTCL Group posted Double Digit Revenue Growth of 14% ISLAMABAD ( Web News ) Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services
PUBG Gamers play to Contribute Donations to Edhi Schools
PUBG Gamers play to Contribute Donations to Edhi Schools KARACHI ( Web News ) PUBG MOBILE Pakistan, the leading mobile gaming platform, held an event where players could contribute to
IFC approves financing for PTCL Group’s acquisition of Telenor Pakistan
IFC approves financing for PTCL Group’s acquisition of Telenor Pakistan ISLAMABAD ( Web News ) The Board of Directors of the International Finance Corporation (IFC) has provided a go-ahead for
Mobilink Bank Launches “Center of Excellence for Women”
Mobilink Bank Launches “Center of Excellence for Women” at Arid University Islamabad ( Web News ) Mobilink Bank, Pakistan’s leading digital microfinance bank, has reaffirmed its commitment to women’s financial
Company News
Wavetec Appointed as Channel Partner by NCR
KARACHI ( Web News ) Wavetec, a leading technology company, has been appointed as the Channel Partner in Pakistan of NCR, top provider of banking & self-service solutions globally. With a legacy of over three decades in delivering innovative solutions
MoU between OGDCL and PARCO – New Ventures and Energy Transaction
ISLAMABAD (WEB DESK) Oil & Gas Development Company Limited (OGDCL) and PARCO ink MOU for new projects, as part of
Emirates to offer daily flights to Toronto from 20 April
Emirates to offer daily flights to Toronto from 20 April KARACHI ( Web News ) Following the breakthrough expanded air
Commerce and Industry
Foreign Investment in the stock exchange is promising for the economy: Atif Ikram Sheikh
Bilateral agreements expected after PM’s visit to Saudi Arabia are a positive trend. ISLAMABAD ( Web News ) President Federation of Pakistan Chambers of Commerce and Industry Atif Ikram Sheikh while reacting to the foreign historic investment in the stock exchange said that the investment of foreign investors in the stock exchange is welcome, Stock exchange has seen such a huge investment after seven years. The reason for the bullish trend in the market is the expectation of bilateral agreements
PSO and Pakistan Railways Inaugurate Fuel Management System
PSO and Pakistan Railways (PR) Inaugurate Fuel Management System (FMS) LAHORE ( Web News ) Marking a momentous occasion in the nation’s transportation infrastructure, the
Decarbonization of Pak’s cement requires strong stakeholder consensus
Decarbonization of Pak’s cement requires strong stakeholder consensus, policy support, resource pooling & tech collaborations: Experts SDPI & PRIED jointly organize the launch of two
Breaking News
Terrorist in Afghanistan posed a serious threat to regional and global security. Pakistan Iran
ISLAMABAD, Apr 24 (APP): Pakistan and Iran agreed to expeditiously finalize the Free Trade Agreement (FTA) and boost their bilateral trade to USD10 billion over the next five years through
No other option except difficult decisions, people will have to pay taxes, FM
Finance Minister appreciates the valuable contributions of business community towards economic development of Pakistan Finance Minister held a meeting with
Pakistan & Iran maintain the same stance on Palestine issue. President Raisi
Iranian President Ibrahim Raisi Visit to Lahore, visit to Mazar-i-Iqbal Upon arrival in Lahore, Chief Minister Punjab Maryam Nawaz welcomed
Foreign exchange reserves will reach 9-10 billion dollars by June, Finance Minister
Foreign exchange reserves will reach 9-10 billion dollars by June, Finance Minister The stock market is also at an all-time
Delay in tax cases, Suspend Chief Commissioner of Inland Revenue
Notice of deliberate delay in tax cases, Prime Minister’s order to suspend Chief Commissioner of Inland Revenue and relevant officers
ECP of failing to conduct the by-elections transparently. Gohar
Barrister Gohar accuses ECP of failing to conduct the by-elections on 21 national & provincial seats transparently Says Parliament should
Our direction regarding revival of country’s economy is quite clear: FM M. Aurangzeb
Our direction regarding revival of country’s economy is quite clear: Finance Minister Muhammad Aurangzeb Says the mechanism regarding tax collection
Broadband / Internet
META AI – Now available in Pakistan
META AI – NOW AVAILABLE IN PAKISTAN ISLAMABAD ( Web News ) Coming to you with cool news today: Mark Zuckerberg announced big updates to Meta AI, making it smarter, faster and accessible to more people across Instagram, WhatsApp, Facebook, Messenger and more. It is now available in more than a dozen new countries, including
Systems Limited graced with 3 accolades at IT & ITES Export Awards
Systems Limited graced with 3 accolades at IT & ITES Export Awards 2024 by PSEB ISLAMABAD ( Web News )
SCO’s Software Technology Park Ignites Innovation, Collaboration & Prosperity
SCO’s Software Technology Park (STP) Ignites Innovation, Collaboration & Prosperity RAWALPINDI ( Web News ) Mirpur, the heart of Azad
International News
Saudi Arabia calls for separate Palestinian state, rejects Israeli self-defense claim
Saudi Arabia calls for separate Palestinian state, rejects Israeli self-defense claim. New York ( Web News ) Saudi Arabia calls for the creation of an independent Palestinian state to protect the rights of the Palestinian people, the
Relatives of hostages held by Hamas storm parliament
Relatives of Israelis who have been held hostage by Hamas militants storm a parliamentary committee session demanding that the lawmakers do more to try to free their loved ones, in Jerusalem. Relatives of hostages held
Houthi-fired missile strikes a US-owned vessel off Yemen in Gulf of Aden
Houthi-fired missile strikes a US-owned vessel off Yemen in the Gulf of Aden, raising tensions JERUSALEM ( Web News ) A missile fired by Yemen’s Houthi rebels struck a U.S.-owned ship Monday just off the
Social Media
Social Champ is ensuring that its success has a positive impact on society.
LAHORE ( Web News ) Social Champ, the Martech startup providing social media management solutions, is breaking new ground in corporate social responsibility and setting
60% people spent at least one hour using WhatsApp in past few days: Gallup & Gilani Pakistan
60% people spent at least one hour using WhatsApp in past few days: Gallup & Gilani Pakistan ISLAMABAD ( Web News ) According to a
There are certain things on social media that need to be controlled: Rana Sanaullah
There are certain things on social media that need to be controlled: Rana Sanaullah Decides to consult journalists, stakeholders on social media amendment ISLAMABAD (
Education
AKU hosts math games’ showcase by female educators to out-of-school girls
AKU hosts math games’ showcase by female educators to out-of-school girls KARACHI ( Web News ) The Aga Khan University Institute for Educational Development (AKU-IED)
Global Entrepreneurship Conference at LUMS Fosters Innovation and Collaboration
Global Entrepreneurship Conference at LUMS Fosters Innovation and Collaboration LAHORE ( Web News ) LUMS Centre for Entrepreneurship (LCE) partnered with IDEA Lab at the
The government should stop hike in medical colleges fees. PMA
The government should stop medical colleges across the country from increasing fees and collect fees and other charges from students as per the session starting
CIMPA School at LUMS – Fostering a global community for mathematical excellence
CIMPA School at LUMS – Fostering a global community for mathematical excellence LAHORE ( Web News ) The Department of Mathematics at LUMS has been
Convocation Caps a Historic Year for the Aga Khan University
Convocation Caps a Historic Year for the Aga Khan University KARACHI ( Web News ) More than 730 students in four countries graduated from the
Workshop on “Curriculum Development through Outcome Based Education and CDIO”
Workshop on “Curriculum Development through Outcome Based Education and CDIO” ISLAMABAD ( Web News ) National and International speakers of an International workshop at International
Health
Unlocking the Secrets to Radiant Health: A Comprehensive Guide
Unlocking the Secrets to Radiant Health: A Comprehensive Guide In today’s fast-paced world, achieving and maintaining radiant health is more crucial than ever. With countless
Aga Khan University has received a$1.5 million grant from Wellcome Leap
Aga Khan University Receives $1.5 Million Boost to Revolutionize Treatment of β-Thalassemia and Sickle Cell Disease KARACHI ( Web News ) Aga Khan University has
Digital Healthcare Solutions: EFU Health and Sehat Kahani’s Collaboration
Digital Healthcare Solutions: EFU Health and Sehat Kahani’s Collaboration KARACHI ( Web News ) SehatKahani, Pakistan’s leading digital healthcare platform, is forging a strategic alliance
Cyber Security
European countries agree on rules to protect smart devices from cyber threats
European countries agree on rules to protect smart devices from cyber threats BRUSSELS ( Web News ) EU countries and EU lawmakers on Thursday agreed
Dynamic laws and policies a must to cope with cyber-attacks: experts
Dynamic laws and policies a must to cope with cyber-attacks: experts ISLAMABAD ( Web News ) Over the years, Pakistan has survived numerous cyber-attacks from
Banking malware threats surging as mobile banking increases – Nokia Report
Banking malware threats surging as mobile banking increases – Nokia Threat Intelligence Report Espoo, Finland ( Web News ) The Nokia 2021 Threat Intelligence Report announced today shows that banking malware threats are sharply increasing as cyber criminals target
Hackers Damage Pakistan’s Tax Data By Disrupting FBR Record
FBR experts are retrieving data and working with Microsoft to restore tax-record and online servicess ISLAMABAD ( Web News ) Website and online services of
Technology
ICCI and IPO discuss joining hands in sensitizing the business community about IPRs
ICCI and IPO discuss joining hands in sensitizing the business community about IPRs ISLAMABAD ( Web News ) Farukh Amil, Chairman, the Intellectual Property Organization of Pakistan (IPO-Pakistan) visited the Islamabad Chamber of Commerce and Industry and discussed collaboration with ICCI to sensitize the business community about the importance of intellectual property rights for businesses
EMS system couldn’t perform well on the polling day. Dr. Goodluck
Commonwealth Observer Group head says a major party was deprived of its election symbol which created problems for the ‘illiterate’ voters Dr. Goodluck Jonathan appreciates the performance of the Election Commission of Pakistan ISLAMABAD (
Serene has made sudden cancellation of flights a routine matter
Private Air Line Serene has made sudden cancellation of flights a routine matter Employees of Airline instead of tendering apology misbehave with the passengers ISLAMABAD ( Web News ) Private Air Line Serene has made