Banking Sector
Veon Group injects USD 15 million in Mobilink Bank to fuel growth and tech advancement
Investor Confidence: Veon Group injects USD 15 million in Mobilink Bank to fuel growth and tech advancement ISLAMBAD ( WEB NEWS ) Global digital operator VEON Group reaffirms
Mashreq Becomes First Bank to Launch Pilot Operations as Digital Retail Bank
Mashreq Becomes First Bank to Launch Pilot Operations as Digital Retail Bank KARACHI ( WEB NEWS ) Mashreq Pakistan, part of leading financial institution in the MENA region, Mashreq, becomes the first to receive restricted license from the State Bank of Pakistan (SBP) to commence pilot operations as a digital retail bank in Pakistan. This milestone
HBL Microfinance Bank & HBL Zarai Services announce strategic partnership
HBL Microfinance Bank & HBL Zarai Services announce strategic partnership aimed at empowering farmers ISLAMABAD ( WEB NEWS ) HBL Microfinance Bank (HBL MfB), Pakistan’s leading microfinance bank, and HBL Zarai Services Limited (HZSL), the pioneer agriculture-specialized extension services company in Pakistan, are proud to announce a strategic partnership
JazzCash Unveils Buy Now, Pay Later for Fashion & Tech Lovers – Shop Today, Pay Later!
ISLAMABAD ( WEB NEWS ) JazzCash, Pakistan’s leading fintech platform, has launched Buy Now, Pay Later (BNPL), a convenient alternative to traditional credit cards. The service is now available in retail stores for the electronics shopping platform Telemart and the fashion brand EGO and will soon be launched for leading brands, including MBasics, Alkaram,
Telecom
A fault in the submarine cable, temporary bandwidth has been included in the system. PTA
ISLAMABAD ( WEB NEWS ) The Pakistan Telecommunication Authority (PTA) has stated that due to a fault in the submarine cable, temporary bandwidth has been included in the system. According to a press release issued by PTA, a fault occurred in the AA-E1 submarine cable system on January 2. In
Telecom Authority has completed Investigation into slow internet speeds.
Slow Internet Speed: PTA Completes Investigation Telecom operators have identified disruptions in social media app services in the country. ISLAMABAD ( WEB NEWS ) Pakistan Telecommunication Authority (PTA) has completed its investigation into slow internet speeds. Telecom operators have reported disruptions in social media app services in the country. PTCL
PTA , Huawei sign MoU to strengthen collaboration in IT and Telecom sector
ISLAMABAD ( WEB NEWS ) The Pakistan Telecommunication Authority (PTA) and Huawei Pakistan on Tuesday signed a Memorandum of Understanding (MoU) to strengthen collaboration in IT and Telecom sectors. The agreement, signed at PTA Headquarters, focuses on capacity building, technology innovation, cybersecurity, and digital inclusion said a news release. The
JazzCash Partners with Spotify to Enable Seamless Premium Subscription Payments
JazzCash Partners with Spotify to Enable Seamless Premium Subscription Payments ISLAMABAD ( WEB NEWS ) JazzCash, Pakistan’s leading fintech platform, has partnered with Spotify, the world’s most popular audio streaming subscription service, to enable seamless payments for Spotify Premium subscriptions. This collaboration will allow users to subscribe to Spotify Premium
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
Political stability, long-term economic policies crucial for economic growth. A R Siddiqui
ISLAMABAD ( WEB NEWS ) The acting President of the Islamabad Chamber of Commerce and Industry (ICCI), Abdul Rehman Siddiqui, emphasized the pivotal role of the business community in driving Pakistan’s economy, particularly in industrial, commercial, and trade sectors. However, he pointed out that numerous challenges are hindering its progress.
Uzbekistan plans to launch direct flights to Karachi — envoy
The development comes as Pakistan attempts to consolidate its role as a pivotal trade and transit hub for landlocked Central Asian states Ambassador Alisher Tukhtaev shares Uzbekistan has implemented a soft visa regime for Pakistani citizens to facilitate business, tourist travel ISLAMABAD: Uzbekistan plans to launch direct flights to the
The business community faces significant challenges, including bureaucratic hurdles. N M Chaudhry
ISLAMABAD ( WEB NEWS ) The pivotal role of media in shaping society by informing the public, analyzing events, and holding authorities accountable was highlighted by Nasir Mehmood Chaudhry, Acting Senior Vice President of the Islamabad Chamber of Commerce and Industry (ICCI). Speaking at an interactive session with media personnel
ICCI, SECP Host Awareness Session on ‘eZfile’ Portal to Simplify Company Registration
ICCI, SECP Host Awareness Session on ‘eZfile’ Portal to Simplify Company Registration Abdul Rehman Siddiqui, commended the SECP for taking proactive steps to modernize and simplify business operations. ISLAMABAD ( WEB NEWS ) The Securities and Exchange Commission of Pakistan (SECP) organized an awareness session at the Islamabad Chamber of
Breaking News
The Al-Qadir Trust Case, Delaying to Pressure Me, I Will Not Seek an NRO. Imran Khan
Imran Khan: The Decision in the Al-Qadir Trust Case Is Being Delayed to Pressure Me, I Will Not Seek an NRO RAWALPINDI ( WEB NEWS ) Former Prime Minister of Pakistan and founder of PTI, Imran Khan, stated that the decision in the Al-Qadir Trust case is being delayed to
Sukkur court summons PM Shehbaz, Ishaq Dar & Mohsin Naqvi over migrant boat incidents
Local court of Sukkur summons PM Shehbaz, Ishaq Dar & Mohsin Naqvi on 15th Jan over Pakistani deaths in migrant boat incidents SUKKAR ( WEB NEWS ) A district and sessions court in Sukkur has summoned the top officials, including Prime Minister Mian Muhammad Shehbaz Sharif, Deputy Prime Minister and Foreign
If Lake Michigan can be cleaned, then why not Rawal Dam restored to its original state. Senate Committee
If Lake Michigan can be cleaned, then there is no reason why Rawal Dam cannot be restored to its original state: Senator Shahzaib Durrani ISLAMABAD ( WEB NEWS ) The Senate Sub-Committee on Climate Change and Environmental Coordination on Monday met at the Old PIPS Hall, Parliament Lodges, with Senator
PTI Takes a Major U-turn on Written Demands, Negotiations at Risk of Failure
PTI Takes a Major U-turn on Written Demands, Negotiations at Risk of Failure PTI’s senior leader and negotiating committee member Asad Qaiser refrains from providing written demands. ISLAMABAD ( WEB NEWS ) Asad Qaiser stated, “The points we discussed during the meetings have been documented in ‘minutes’ and should be
Kurram DC and five other persons injured in firing as peace remains elusive despite ceasefire deal
Kurram DC Javedullah Mehsud, five other persons injured in firing as peace remains elusive despite ceasefire deal President Zardari, PM Shehbaz, Mohsin Naqvi, Gandapur strongly condemn firing on the convoy of govt vehicles in Bagan area of Lower Kurram PARACHINAR/ISLAMABAD ( WEB NEWS ) Kurram Deputy Commissioner Javedullah Mehsud was
The Islamabad High Court has taken notice of the HEC’s negligence in the scholarship policy
ISLAMABAD ( WEB NEWS ) The Islamabad High Court has taken notice of the Higher Education Commission’s (HEC) negligence in the scholarship policy and ordered reforms after a student’s forgery came to light. The court has also stopped the recovery of 25 million rupees from the guarantor and directed that
PM Shehbaz vows to combat challenges of misinformation, fake news
PM Shehbaz vows to combat challenges of misinformation, fake news PM Shehbaz expresses firm commitment to eradicate scourge of terrorism to put country on the path of economic development Says improving law & order situation in the entire country is important to achieve the agenda of progress & development 13
Implementation of Supreme Court’s Decision on Restoration of Student Unions. Senate Committee
Senate Standing Committee discusses key ISSUES at FUUAST, urges timely resolutions for university challenges Senate Standing Committee Demands Implementation of Supreme Court’s Decision on Restoration of Student Unions Bushra Anjum Butt says Proper systems are crucial to ensuring smooth operations & addressing challenges effectively ISLAMABAD ( WEB NEWS ) The
Deadline 31 January. Negotiations and Remittance Boycott Campaign Ongoing. Imran Khan
Imran Khan: Negotiations and Remittance Boycott Campaign Ongoing, Deadline Given to Government until January 31 RAWALPINDI ( WEB NEWS ) The founder and chairman of Pakistan Tehreek-e-Insaf (PTI), Imran Khan, has said that he has given the government a deadline until January 31, and that the campaign to boycott remittances
Broadband / Internet
Pakistani IT bodies urge government to address slow Internet issue
Pakistan Software Houses Association says the country suffers a loss of more than 1 million dollars an hour on account of Internet shutdowns Pakistan plans to introduce satellite Internet services, enhance Internet speeds and connectivity by linking up with 2Africa submarine cable this year ISLAMABAD: Pakistani information technology (IT) associations
Google Wallet Digital Payment System to be Introduced in Pakistan
Google Wallet Digital Payment System to be Introduced in Pakistan ISLAMABAD ( WEB NEWS ) Internet technology company Google has announced the introduction of its digital payment system, Google Wallet, in Pakistan and 16 other countries. Google Wallet is already available in several countries, but its services were not previously
Bridge the digital divide and ensure high quality broadband services. Gillani
Yousuf Raza Gillani calls for creating favourable environment for public private partnerships to drive the digital agenda Shaza Fatima Khawaja announces the formation of a National Digital Commission to pave the way for Digital Pakistan ISLAMABAD ( WEB NEWS ) Chairman Senate Syed Yousuf Raza Gillani has called for creating
PUBG MOBILE announces new map ‘rondo’ and more exciting updates
PUBG MOBILE announces new map ‘rondo’ and more exciting updates coming in 2025 at PUBG MOBILE global championship PUBG MOBILE gave 2024 PUBG MOBILE Global Championship (PMGC) attendees an exclusive preview of exciting new content and updates coming in 2025 ISLAMABAD ( WEB NEWS ) PUBG MOBILE, one of the world’s most popular mobile
Crypto News
$3.63 trillion, reflecting a 2.31% drop over the past 24 hours.
KARACHI ( WEB NEWS ) Total Market Cap: $3.63 trillion, reflecting a 2.31% drop over the past 24 hours. $303.84 billion, down by 15.19%. – DeFi total volume for $22.42 billion, or 7.38% of the total volume. – Stablecoins dominate the market with $282.09 billion, representing 92.84% of the total. •Bitcoin
Enjoy 0 Trading Fees over the Next 3 Days!
Enjoy 0 Trading Fees over the Next 3 Days! KARACHI ( WEB NEWS ) To celebrate Bitcoin Historic $100K Milestone, we are launching exclusive promotion for users who complete their first transaction will enjoy free transaction fees for all Bitcoin (BTC) trades throughout the campaign period! Campaign Period: 10:00 on December 05, 2024 ~ 10:00
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
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
The Board of Trustees of the IIUI convened its 16th session at Islamic University, Riyadh.
IIUI BOARD OF TRUSTEES CONVENES 16TH MEETING IN RIYADH The Board of Trustees (BOT) of the International Islamic University Islamabad (IIUI) convened its 16th session at Imam Muhammad bin Saud Islamic University, Riyadh. The meeting evaluated decisions made in previous meetings, approved the strategic plan, and set the university’s vision
CUST Convocation. 33 graduates awarded PhD degrees
ISLAMABAD ( WEB NEWS ) The Convocation for Graduates of 2024 of Capital University of Science and Technology (CUST) held at Convention Centre Islamabad wherein 1269 graduates including BBA, MBA, BS, MS and PhD in the fields of Management Sciences, Electrical Engineering, Civil Engineering, Mechanical Engineering, Computer Engineering, Engineering Management,
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/
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
Huawei launches ICT Training Portal for Pakistani youth
ISLAMABAD ( WEB NEWS ) The Ministry of Information Technology and Telecommunication, in collaboration with Huawei on Friday launched the ICT Training Portal to enhance IT skills among youth. Minister of State for Information Technology, Shaza Fatima Khawaja, while addressing the launching ceremony, said that the portal is expected to
Obstacles to creating a business-friendly environment must be addressed. A R Siddiqui
ISLAMABAD ( WEB NEWS ) The business community is committed to contributing to the country’s economic development and prosperity through the growth of businesses. However, obstacles to creating a business-friendly environment must be addressed by those in positions of authority. The Islamabad Chamber of Commerce and Industry (ICCI) remains dedicated
Negotiations with the Government: Pakistan Tehreek-e-Insaf Presents Two Demands
Negotiations with the Government: Pakistan Tehreek-e-Insaf Presents Two Demands PTI presented demands for the release of Imran Khan and other prisoners, as well as the formation of a judicial commission to investigate the incidents of May 9 and November 26. The Pakistan Tehreek-e-Insaf (PTI) requested the government on Thursday to
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