Banking Sector
New Visa Airport Companion App Enhances Travel Experience Worldwide
New Visa Airport Companion App Enhances Travel Experience Worldwide The new Visa Airport Companion (VAC) offers access to a range of exclusive services enabling eligible Visa cardholders across
BOP Exchange Inauguration Ceremony at Tricon Center in Lahore
BOP Exchange Inauguration Ceremony at Tricon Center in Lahore BOP Exchange sets a high standard for service excellence and innovation in the financial sector. LAHORE ( WEB NEWS ) BOP Exchange proudly inaugurated its Tricon Center Branch in Lahore today, marking a significant milestone in its mission to revolutionize the exchange
Payoneer Reports Record Q3 Growth with Expanding Cross-Border Opportunities
Payoneer Reports Record Q3 Growth with Expanding Cross-Border Opportunities for Pakistan’s SMBs Revenue growth, strategic B2B expansion, and a commitment to empowering cross-border trade ecosystem LAHORE ( WEB NEWS ) Payoneer (NASDAQ: PAYO), a global fintech leader empowering small and medium-sized businesses (SMBs) to expand globally, has reported its highest-ever
Meezan Bank and CashNow Join Hands to Develop Digital Islamic Supply Chain Finance
Meezan Bank and CashNow Join Hands to Develop Pakistan’s First Digital Islamic Supply Chain Finance Product for Suppliers KARACHI ( WEB NEWS ) Meezan Bank, Pakistan’s leading Islamic bank, has entered into a strategic alliance with CashNow, Pakistan’s pioneering supply chain finance platform, to revolutionize Shariah-compliant supply chain finance. A
Telecom
Jazz & ENA Join Forces – Unleashing Cutting-Edge Precision Cooling to Drive Next-Gen Connectivity
Jazz & ENA Join Forces – Unleashing Cutting-Edge Precision Cooling to Drive Next-Gen Connectivity ISLAMABAD ( WEB NEWS ) Jazz has entrusted ENA (a company of JBS) with Three Years Frame Agreement for Precision Cooling Solution for their Data Centers. Precision cooling is essential for mission critical IT environments like
PUBG MOBILE Nurtures Raw Talent with Historic Esports Tournament
PUBG MOBILE Nurtures Raw Talent with Historic Esports Tournament ISLAMABAD ( WEB NEWS ) In a continuation of its commitment to nurturing raw talent from across Pakistan, PUBG MOBILE successfully concluded a historic tournament that offered aspiring Esports players a unique platform to showcase their skills. With a unique Tekken-inspired
Jazz developing Pakistan’s first Local Large Language Model
Pakistan’s First Local Large Language Model to be developed in a Collaboration between Jazz, NUST, and NITB ISLAMABAD ( WEB NEWS ) Pakistan Mobile Communications Limited (Jazz) is thrilled to announce the development of Pakistan’s first Local Large Language Model (LLM) in collaboration with the National University of Sciences and
PTCL forges a strategic alliance with Systems Limited to enhance its BSS & OSS Stack
PTCL forges a strategic alliance with Systems Limited to enhance its BSS & OSS Stack at GITEX 2024 ISLAMABAD ( WEB NEWS ) Pakistan Telecommunication Company Limited (PTCL) has forged a strategic partnership with Systems Limited, a leading global SI company, at GITEX 2024 Dubai to achieve technological enhancements through
Company News
Nokia introduces Private Wireless Sustainability Calculator to help Enterprises
Nokia introduces Private Wireless Sustainability Calculator to help Enterprises reduce environmental footprint and improve worker safety The Private Wireless Sustainability Calculator quantifies private wireless networks-enabled industrial use cases’ environmental and social handprint, allowing businesses to identify opportunities to achieve tangible sustainability gains through digitalization enabled by private wireless. The calculator
FARGO HDP5000e. Setting a New Standard for Retransfer Card Printing
HID Launches the FARGO HDP5000e in Pakistan — Setting a New Standard for Retransfer Card Printing New & enhanced features, increased card throughput & more vivid color ISLAMABAD ( WEB NEWS ) HID®, a worldwide leader in trusted identity solutions, today announces the launch of the next-generation FARGO® HDP5000e designed
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 to major financial institutions worldwide, Wavetec is poised to provide
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 business diversification and energy transition strategy. This MOU was signed for collaboration and Joint Venture Opportunities in the Energy Sector including Oil & Gas infrastructure projects. Both sides will constitute
Commerce and Industry
PTCL Group Partners with Atlas Honda to Champion Road Safety
PTCL Group Partners with Atlas Honda Ltd. to Champion Road Safety through Bike Safe Riding Training Initiative LAHORE ( WEB NEWS ) PTCL Group, Pakistan’s leading telecommunication services provider, has taken a step forward towards road safety with the signing of a Memorandum of Understanding (MoU) with Atlas Honda Ltd.
ICCI has forged a historic partnership with the CCPIT
ICCI has forged a historic partnership with the CCPIT ISLAMABAD ( WEB NEWS ) The Islamabad Chamber of Commerce and Industry (ICCI) has forged a historic partnership with the China Council for the Promotion of International Trade (CCPIT), Liaoning Sub-Council, by signing a Memorandum of Understanding (MoU) focused on enhancing
Gunvor Group buys 50% stake in Total Parco: CCP approves deal
Gunvor Group of Switzerland buys 50% stake in Total Parco: CCP approves deal In the petroleum sector, this acquisition marks the latest in a series of high-profile transactions recently approved by the CCP. ISLAMABAD ( WEB NEWS ) The Competition Commission of Pakistan (CCP) has approved the acquisition of 50
Malik Abrar lauded ICCI’s dedication to the regional business community.
“This collective effort will dismantle barriers, create opportunities, and drive the community toward greater progress and prosperity,” said Qureshi ISLAMABAD ( WEB NEWS ) Malik Abrar Ahmed, Member of the National Assembly (MNA), commended the business community’s pivotal contribution to Pakistan’s economic progress by vowing to resolve their challenges to
Breaking News
Apex committee approves ‘comprehensive’ military operation in Balochistan
Apex committee approves ‘comprehensive’ military operation in Balochistan ISLAMABAD ( WEB NEWS ) The Federal Apex Committee of the National Action Plan, chaired by Prime Minister Shehbaz Sharif, approved a comprehensive military operation to tackle terrorism in Balochistan. A comprehensive military operation will be initiated against terrorist organisations operating in
IT Companies at risk of losses and closure due to VPN blockage
IT Companies at risk of losses and closure due to VPN blockage and internet slowdown KARACHI ( WEB NEWS ) Sajjad Mustafa Syed, Chairman of the Pakistan Software Houses Association (P@SHA) – the apex representative body of the Information Technology industry – has warned that the internet slowdown and
Senate Committee criticizes internet disruptions, IT Minister’s absence
Senate Committee criticizes internet disruptions, IT Minister’s absence & Islamic Ideological Council’s comments on VPN Senator Palwasha Khan terms the absence of Minister & Secretary IT as their negligence to defend the current internet disruption Fifteen shortlisted candidates, three were PhDs and one was enrolled in PhD program, and yet
“Policies that instill fear among the people will not work,” Hafiz Naeem
Hafiz Naeemur Rehman strongly criticizes govt for its consistent failure to establish peace & order in KP & Balochistan Emphasizes the urgent need for meaningful dialogue between Pakistan & Afghanistan to foster peace in the region Says policies that instill fear among the people will not work BAJAUR ( WEB
The privatization of PIA and the Discos remains a key government priority. Aleem Khan
PIA’s privatization would continue, though it would require a fresh approach and ‘big-hearted’ decisions: Abdul Aleem Khan Senate Standing Committee on Privatization meeting held under the chairmanship of Tallal Chaudhry ISLAMABAD ( WEB NEWS ) Senate Standing Committee on Privatization, chaired by Muhammad Tallal Chaudhry, convened on Monday to review
Dozens of medics tried in Turkey over baby deaths
Dozens of medics tried in Turkey over baby deaths Istanbul ( WEB NEWS ) Forty-seven people have gone on trial in Turkey in connection with an alleged scam in which newborns were transferred between hospitals for profit. Prosecutors say doctors, nurses and ambulance drivers are responsible for the deaths at
Economy showing signs of improvement due to sincere efforts. Muhammad Aurangzeb
Economy showing signs of improvement due to sincere efforts of incumbent govt: Muhammad Aurangzeb Says int’l financial institutions shown trust in country’s ability to handle economic crisis ISLAMABAD ( WEB NEWS ) Federal Minister for Finance Muhammad Aurangzeb has said the economy has been showing signs of improvement due to
Donald Trump not a representative of the American establishment. Mushahid Hussain
Mushahid Hussain Sayed welcomes Trump’s resolve to contain ‘Deep State’; defines Pakistani ‘red lines’ in Keynote speech Donald Trump as the first US President since John Kennedy who’s not a representative of the American security establishment ISLAMABAD ( WEB NEWS ) Senator Mushahid Hussain Sayed has welcomed Donald Trump’s election as US President,
Greater dialogue is needed for peace. Hafiz Naeemur Rehman
Greater dialogue is needed for peace, the govt’s claims of reducing inflation & improving economy are lies: Hafiz Naeemur Rehman Says entire govt is standing on basis of Form 47 & lies ISLAMABAD ( WEB NEWS ) Emir Jamaat-e-Islami Pakistan Engineer Hafiz Naeemur Rehman has said that greater dialogue is
Broadband / Internet
Meta supports Pakistani creators to inspire a new wave of content
Meta supports Pakistani creators to inspire a new wave of content At the “Creators Connect” event, Meta celebrated the creators who successfully launched their WhatsApp Channels. KARACHI ( WEB NEWS ) Meta connected with content creators in Karachi through various engagements starting with an event that brought together around 40
Pakistani companies are participating in the Singapore Fintech Festival
Over 10 tech Pakistani companies are participating in the Singapore Fintech Festival The presence of Pakistani companies increased this year at the Singapore Fintech Festival as compared to last year KARACHI ( WEB NEWS ) Pakistan’s IT companies and fintech operators are looking to grab business opportunities in the fintech
IT exports surges to US$ 876 million in 1st quarter of FY 2024-25: Shaza Fatima
IT exports surges to US$ 876 million in 1st quarter of FY 2024-25: Shaza Fatima Khawaja ISLAMABAD ( WEB NEWS ) IT export remittances in Pakistan have experienced a significant increase of 33.54%, reaching US$ 876 million during the first three months of FY 2024-25 (July to September), compared to US$
Pakistani startups have raised over USD 365 million in the last two years
CEO Devsinc Usman Asif Drives IT Vision for Pakistan in Key Talks with UAE Ambassador at GITEX 2024 ISLAMABAD ( WEB NEWS ) Faisal Niaz Tirmazi, Pakistan’s Ambassador to the UAE and Usman Asif, CEO of Devsinc, Pakistan’s fast-growing IT company, engaged in a discussion on the sidelines of GITEX
Crypto News
KuCoin the launch of GemPool featuring the innovative Swell token.
KARACHI ( WEB NEWS ) KuCoin is thrilled to announce the launch of our GemPool featuring the innovative Swell (SWELL) token. Explore GemPool and be part of the next wave of crypto innovation together with KuCoin! Don’t miss out on this groundbreaking event! What is Swell (SWELL)? Swell is the restaking
Bitcoin crosses $80,000 level for the first time after victory of Donald Trump
Bitcoin crosses $80,000 level for the first time after historic victory of Donald Trump KARACHI ( WEB NEWS ) Bitcoin surged to a record high on Sunday as traders speculated that Donald Trump’s potential return to the White House could boost the cryptocurrency sector. The digital currency crossed the $80,000
The PHIL Airdrop Campaign on KuCoin, bringing exciting rewards
KARACHI . ( WEB NEWS ) We’re thrilled to launch the PHIL Airdrop Campaign on KuCoin, bringing exciting rewards to both new users and KCS holders. KuCoin will be launching the MEME Carnival Campaign next week, complete with a mega prize pool for all participants! Stay tuned for more details! Campaign Period: From 10:00
International News
Israel’s settlement policy in occupied territories violates international law. UN Court
Top UN court says Israel’s settlement policy in occupied territories violates international law The ruling is expected to have more effect on international opinion than it will on Israeli policies Israel has built over 100 settlements, according to anti-settlement monitoring group Peace Now THE HAGUE ( WEB NEWS ) The
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 Kingdom’s deputy foreign minister said during the United Nations Security Council debate as he urged
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 by Hamas storm parliament panel as domestic uproar rise. JERUSALEM ( Web News ) A
Social Media
“At Meta, we want people to have safe, positive experiences online. Dr. Priyanka Bhalla
Meta Drives Conversations on Responsible Content Creation with the Pakistani Facebook Community ISLAMABAD ( WEB NEWS ) Meta has collaborated with Ali Gul Pir – Pakistani content creator and comedian – to host a four-episode weekly podcast #CreatewithCare. It has been designed to foster candid conversations with the Facebook community
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 an example for other businesses. As part of its social responsibility commitment, Social Champ partnered with Pledge 1% to dedicate its time and product to various philanthropic
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 survey conducted by Gallup and Gilani Pakistan, 60% people spent at least one hour using WhatsApp in the past few days. A nationally representative sample
Education
Education Fair, Showcase Top Malaysian Universities in Islamabad
Study in Malaysia Education Fair in Pakistan to Showcase Top Malaysian Universities in Islamabad ISLAMABAD ( WEB NEWS ) The highly anticipated Study in Malaysia Education Fair in Pakistan is set to take place in Islamabad on 18th September 2024, Wyndham. This event, Organised by Education Malaysia Global Services (EMGS)
University of Saudi Arabia announces paid internships for 2024
King Abdullah University of Saudi Arabia announces paid internships for 2024 KAUST Visiting Student Research Program (VSRP) promotes collaboration across a wide array of scientific disciplines. RIYADH ( WEB NEWS ) The King Abdullah University of Science and Technology (KAUST) has announced its International Internship Program for 2024, offering 130 fully
93 Pakistanis gets fully funded Chevening & Commonwealth scholarships
93 Pakistanis heading to UK on fully funded Chevening & Commonwealth scholarships British HC Jane Marriott says the Chevening programme helps develop a new generation of Pakistani leaders & changemakers ISLAMABAD ( WEB NEWS ) Pakistani students from every corner of the country have been given British High Commissioner Jane
HEC announces Undergraduate scholarships for GB students
ISLAMABAD ( WEB NEWS ) The Higher Education Commission (HEC) has invited applications from the students of Gilgit-Baltistan who intend to pursue undergraduate studies (4/5 years BS Programmes) from HEC-recognised public sector Universities/Degree Awarding Institutions. These scholarships are being offered for the academic year 2024-25 in all areas of study/
HEC Introduces New Selection Criteria For Scholarships, MPhil And PhD Programs
HEC Introduces New Selection Criteria For Scholarships, MPhil And PhD Programs ISLAMABAD ( Web News ) The Higher education commission (HEC), a statutory body established by the government of Pakistan, has introduced a new selection process for awarding scholarships and admissions to MS/MPhil and PhD programs. Under this initiative, the
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) successfully concluded its weeklong celebration of the International Day of Mathematics (IDM) 2024 with a Grand Showcase inspired by this year’s theme: “Playing with Math,”
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 distractions and demands on our time, it’s easy to neglect our well-being. However, prioritizing our health is the key to unlocking a life of vitality
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 received a$1.5 million grant from Wellcome Leap, a leading global health innovation organization.This significant grant will support a project that seeks to transform the treatment
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 with EFU Health Insurance Ltd – Pakistan’s First Specialized Health Insurer, to extend online healthcare services to EFU Health’s covered members. This collaboration heralds a
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 to rules to protect laptops, fridges, mobile apps and smart devices connected to the internet from cyber threats following a spate of such attacks and
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 multiple state and non-state actors, hence dynamic policies and laws are needed to cope with the menace. This was stated by Brig. (Retd) Mohammad Yasin,
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 the rising popularity of mobile banking on smartphones, with plots aimed at stealing personal banking credentials and credit card information. The report, based on data aggregated from network traffic monitored on more than 200 million devices globally
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 the Federal Board of Revenue have become inaccessible after hackers attacked the FBR’s network. On Saturday, the nation was celebrating Independence Day while unknown hackers
Technology
The ruling class has no interest in the welfare of the public. Hafiz Naeem
Youth is the Real Asset of the Nation, There Is No Need to Lose Hope – Hafiz Naeem-ur-Rehman LAHORE ( WEB NEWS ) The Ameer of Jamaat-e-Islami Pakistan, Engineer Hafiz Naeem-ur-Rehman, stated that the youth are the real asset of the nation, and there is no need to lose hope.
Wafi Energy becomes the majority shareholder of Shell Pakistan
Wafi Energy becomes the majority shareholder of Shell Pakistan Limited KARACHI ( WEB NEWS ) Wafi Energy Holding Limited (Wafi Energy) becomes the majority shareholder of Shell Pakistan Limited (SPL) after The Shell Petroleum Company Limited, a subsidiary of Shell plc (Shell), completes the sale of its 77.42% interest in
DWP Technologies shines at Cisco and Ingram Partner award night 2024
DWP Technologies shines at Cisco and Ingram Partner award night 2024 LAHORE ( WEB NEWS ) DWP Technologies, a division of Pakistan’s leading business conglomerate, DWP Group, has secured two prestigious accolades at the Cisco and Ingram Partner Award Night held on October 23, 2024, in Karachi. The company was
Reporter Diary
“Theater Camp” (2023) is a mockumentary-style comedy film
KARACHI ( STAFF REPORTER ) “Theater Camp” (2023) is a mockumentary-style comedy film that has quickly become a favorite for fans of witty humor and heartwarming stories. Directed by Molly Gordon and Nick Lieberman, the movie captures the zany world of summer theater camps, where young aspiring performers and their