Banking Sector
Meezan Bank Inks Agreement to Join the ITFC to Support Private Sector
Meezan Bank Inks Agreement to Join the International Islamic Trade Finance Corporation (ITFC) to Support Private Sector KARACHI ( WEB NEWS ) Meezan
Mashreq’s 9M 2024 Profit before Tax Rises 9% YoY to AED 6.5 Billion
Mashreq’s 9M 2024 Profit before Tax Rises 9% YoY to AED 6.5 Billion, reflecting strong business activity in a healthy business environment Dubai ( WEB NEWS ) Mashreq is proud to report its strong financial performance for the first nine months of 2024, showcasing the bank’s dedicated commitment to its
Meezan Bank wins ‘Best Company in Financial Category’ Award
Meezan Bank wins ‘Best Company in Financial Category’ Award at the 39th MAP Awards KARACHI ( WEB NEWS ) Meezan Bank, Pakistan’s leading Islamic bank, has been honored with the prestigious ‘Best Company in the Financial Category’ award at the 39th Corporate Excellence Awards, hosted by the Management Association of
Bank of Punjab impressive 58% growth in profit before tax
LAHORE ( WEB NEWS ) The Board of Directors of The Bank of Punjab convened on October 30, 2024, to review and approve the unaudited financial statements for the first nine months ending September 30, 2024. During the review of the Bank’s performance for the period, the Board expressed its
Telecom
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
PTCL & China Mobile partner at GITEX Global 2024
PTCL & China Mobile partner at GITEX Global 2024 to enhance national, international connectivity. ISLAMABAD ( WEB NEWS ) Pakistan’s largest telecommunication and integrated ICT services provider, Pakistan Telecommunication Company Limited (PTCL) and global telecom and ICT player, China Mobile International Limited (CMI) entered a partnership at GITEX Global 2024
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
Commerce and Industry
ICCI, NUML unite to bridge Industry – Academia gap through Strategic Collaboration
ICCI, NUML unite to bridge Industry – Academia gap through Strategic Collaboration President Islamabad Chamber of Commerce and Industry Nasir Mansoor Qureshi visits National University of Modern Languages ISLAMABAD ( WEB NEWS ) Islamabad Chamber of Commerce and Industry and National University of Modern Languages (NUML) have agreed on building
Hundreds of exploration companies are ready to come to Pakistan. Luqman Ahmed
Hundreds of exploration companies are ready to come to Pakistan, Pakistan’s image in the outside world needs to be improved: Canadian investor Luqman Ahmed, President & CEO of Panoro Minerals Ltd.& Director of the Pakistan Canada Trade Association (PCTA) There are investment opportunities in Pakistan, and the business community is playing
Industrial Estate Crucial for Islamabad’s Economic Growth: Nasir Qureshi
PIEDMC Chairman visits ICCI: Industrial Estate Crucial for Islamabad’s Economic Growth: Nasir Qureshi ISLAMABAD ( WEB NEWS ) Chairman Punjab Industrial Estate Development and Management Company (PIEDMC), Javaid Iqbal has said that every possible effort is being made to provide top-notch facilities to industrialists, ensuring ease of doing business and
Breaking News
Donald J. Trump won the race to the White House by grabbing 277 electoral votes
Donald J. Trump won the race to the White House by grabbing 277 electoral votes Trump has become 47th president of the US in a tight competition with Democratic candidate Vice President Kamala Harris who won 226 votes Donald Trump reiterates his resolve to ‘Make America Great Again’ Indian PM
The dollar-based regime should be changed into rupees to immediate relief. Senate Committee
Senate Committee discusses IPP investment, task force negotiations & reforms to reduce power costs for public ISLAMABAD ( WEB NEWS ) Senator Mohsin Aziz chaired the meeting of Senate Standing Committee on Power held on Tuesday at Old PIPS Hall, Parliament Lodges. The Senate Committee deliberated on Muhammad Ali’s report
Senators questioned the legality of granting NOC to new colony on Motorway.
Senate Standing Committee expresses serious concerns about granting interchanges on the motorway for housing societies Committee Chairman Pervaiz Rasheed requests detailed information regarding development work on N25 over the last 10 years ISLAMABAD ( WEB NEWS ) The Senate Standing Committee on Communications has expressed serious concerns about granting interchanges
Senate Committee pushes for transparency in higher education amid fraud concerns
Senate Committee pushes for transparency in higher education amid fraud concerns Bushra Anjum Butt emphasizes the need for timely allocations for the HEC’s International Research Support Initiative Program ISLAMABAD ( WEB NEWS ) On Tuesday, while chairing the Senate Standing Committee on Federal Education and Professional Training, Senator Bushra Anjum
Justice Aminuddin Khan head of the constitutional bench in SCP
Judicial Commission of Pakistan appoints Justice Aminuddin Khan as head of the constitutional bench in the Supreme Court JCP, led by CJP Justice Yahya Khan Afridi, constitutes the constitutional bench in a 7-5 split decision Justices Jamal Mandokhail, Muhammad Ali Mazhar, Ayesha Malik, Hassan Azhar Rizvi, Musarrat Hilali & Naeem
The Chief Minister Punjab’s Livestock Card: A Gift for Livestock Farmers
The Chief Minister Punjab’s Livestock Card: A Gift for Livestock Farmers The Livestock Card is an interest-free loan program worth PKR 11 billion for livestock farmers. LAHORE ( WEB NEWS ) The signing ceremony for the Memorandum of Understanding (MoU) for the Chief Minister Punjab’s Livestock Card took place at the
Full Court for Petition Against 26th Constitutional Amendment. Hafiz Naeem
Hafiz Naeem ur Rehman Demands Full Court for Petition Against 26th Constitutional Amendment He criticized Nawaz Sharif for advising his daughter to buy PIA to run it under Punjab KARACHI ( WEB NEWS ) Hafiz Naeem ur Rehman, Amir of Jamaat-e-Islami Pakistan, has called for the Supreme Court to hear
Broadband / Internet
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
Pakistani Tech Companies Shine at Singapore Tech Week under Tech Destination Pakistan
Pakistani Tech Companies Shine at Singapore Tech Week under Tech Destination Pakistan KARACHI ( WEB NEWS ) Pakistani companies exporting IT and IT-enabled services are participating in Singapore Tech Week for the first time under the banner of “Tech Destination Pakistan. Muhammad Umair Nizam, Senior Vice Chairman of P@SHA, emphasized
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
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
BYD Showcases Flagship Electric Vehicles at Pakistan Auto Show 2024
BYD Showcases Flagship Electric Vehicles at Pakistan Auto Show 2024, Open Bookings for BYD ATTO 3 and BYD SEAL LAHORE ( WEB NEWS ) BYD, the world’s leading New Energy Vehicle (NEV) manufacturer and pioneer in sustainable transportation solutions, participated in the prestigious Pakistan Auto Show 2024 through local partner Mega
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