Banking Sector
Haaris Mahmood Chaudhary Appointed CEO of Mobilink Bank – PR
Haaris Mahmood Chaudhary Appointed CEO of Mobilink Bank – PR ISLAMABAD ( WEB NEWS ) The Board of Mobilink Bank has announced the appointment of Haaris Mahmood Chaudhary
Bank Alfalah and TCF collaborate for rehabilitation under the flood relief programme
Bank Alfalah and TCF collaborate for rehabilitation under the flood relief programme Islamabad ( Web News ) Bank Alfalah, a leading commercial bank in Pakistan, has extended support to The Citizens Foundation (TCF) as part of its Flood Relief Program with support of an additional PKR 177 million for rehabilitation
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 its confidence in the growth potential of Pakistan’s microfinance sector and Mobilink Bank by investing USD 15 million in fresh capital to
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
Telecom
Telenor Pakistan and TAAP Launch Travel SIM for International Travelers
Telenor Pakistan and TAAP Launch Travel SIM for International Travelers Islamabad ( Web News ) Telenor Pakistan has signed an MoU with the Travel Agents Association of Pakistan (TAAP), the country’s foremost body for travel and tour operators, to redefine how travelers experience connectivity outside of Pakistan. This strategic collaboration
A petition has been filed seeking an immediate ban on YouTube, Facebook, and TikTok
LAHORE ( WEB NEWS ) A petition has been filed in the Lahore High Court seeking an immediate ban on YouTube, Facebook, and TikTok. The petition, filed by a citizen named Aslam through Advocate Nadeem Sarwar, names the federal government and the Pakistan Telecommunication Authority as respondents. The petitioner stated
Ascend to new elemental heights in the enchanted realms of PUBG Mobile’s version 3.6 update
Ascend to new elemental heights in the enchanted realms of PUBG Mobile’s version 3.6 update PUBG MOBILE unveils a plethora of new features in its Version 3.6 Update: Explore the captivating Sacred Quartet new themed-mode and unlock epic treasures New two-seater Panda mount and gameplay bending Elemental powers Celebrate the latest Spring Festival
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
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
ICCI President highlights private sector’s potential for export-led growth
ICCI President highlights private sector’s potential for export-led growth ISLAMABAD ( WEB NEWS ) Nasir Mansoor Qureshi, President of the Islamabad Chamber of Commerce and Industry has highlighted the critical role of the private sector in Pakistan’s economic development. He emphasized that the private sector role in reducing unemployment and
Shandong Kerui Group delegation visits ICCI to explore joint venture opportunities
ISLAMABAD ( WEB NEWS ) Nasir Mansoor Qureshi, President of the Islamabad Chamber of Commerce and Industry (ICCI) has highlighted the growing economic ties between Pakistan and China during a meeting with a high-level visiting delegation from Shandong Kerui Group. The delegation was led by Wu Xiaogui, Vice President of
ICCI President Welcomes New Power Supply System for SEZs, Estates
ICCI President Welcomes New Power Supply System for SEZs, Estates ISLAMABAD ( WEB NEWS ) The President of the Islamabad Chamber of Commerce and Industry (ICCI), Nasir Qureshi, has praised the government’s trailblazing decision to implement a single-point electricity supply system for Special Economic Zones (SEZs) and industrial estates across
Fasial Abad. The Eight Markets of Clock Tower Are Being Made Vehicle-Free. DC Nadeem Nasir
Deputy Commissioner Nadeem Nasir: The Eight Markets of Clock Tower Are Being Made Vehicle-Free The deputy commissioner said in a media interview that businessmen and shoppers will be provided with adequate parking outside each market. Faisalabad ( Web News ) Deputy Commissioner Captain (Retd) Nadeem Nasir stated that the eight
Breaking News
PTI demands CJP-led probe into May 9, 2023, Nov 26,
Pakistan Tehreek-s-Insaf demands CJP-led probe into May 9, 2023, Nov 26, 2024 events, political prisoners’ release Irfan Siddiqui says Sardar Ayaz Sadiq will announce the date of next meeting after consulting both the treasury and the opposition PM Shehbaz constitutes committee to deliberate upon & respond to the opposition committee’s written
Utilized France’s Green Fund for transition of small vehicles to electric technology
Awais Leghari proposes utilizing France’s Green Fund to support the transition of small vehicles to electric technology in Pakistan ISLAMABAD ( WEB NEWS ) Federal Minister for Power, Awais Ahmad Khan Leghari, has proposed utilizing France’s Green Fund to support the transition of small vehicles to electric technology in Pakistan.
NADRA to Launch Mobile App and Establish 3 New Regional Offices
NADRA to Launch Mobile App and Establish 3 New Regional Offices The establishment of regional offices will improve service delivery at NADRA centers in remote areas. From January 17, the Pak ID website will be closed. All services will be available through the mobile app, says Mohsin Naqvi. Islamabad (
Govt would not buy electricity after March 2025. Sardar Awais Ahmad Leghari
Govt would not buy electricity after March 2025, NA briefed ISLAMABAD ( WEB NEWS ) The National Assembly was informed today (Wednesday) that the government will not purchase electricity after March this year as authorization has been given for the creation of an Independent Electricity Market. Minister for Energy Sardar
After 400 days, a ceasefire agreement between Israel and Hamas has been reached.
For the first time in more than 400 days, a ceasefire agreement between Israel and Hamas has been reached. After Israeli forces killed more than 46,000 Palestinians – and very likely tens of thousands more – displaced 2 million people Will it lead to a permanent end to the bombing? Did Trump
Pakistan is One of the Most Environmentally Affected Countries. World Economic Forum
Pakistan is One of the Most Environmentally Affected Countries, According to the World Economic Forum This report is based on surveys of over 900 experts and 11,000 executive opinions globally. Pakistan can become more resilient by promoting innovation, strengthening governance, and enhancing regional cooperation, says CEO Aamir Jahangir Islamabad (
190 million-pound case. Asif Zardari facilitated , but Imran Khan is being punished. Aleema Khan
Asif Zardari Facilitated in the 190 Million Pound Case, But Imran Khan is Being Punished. Aleema Khan The UK news agency has stated that the money was not stolen; it was a bribe given to Hassan Nawaz by a property tycoon. Speaking outside Adiala Jail, PTI founder Imran Khan’s sister,
MoFA approach the US ambassador regarding the letter about the release of Dr Aafia
IHC orders MoFA to approach the US ambassador & seek explanation that why the White House didn’t consider the letter of Pakistani PM about the release of Dr Aafia ISLAMABAD ( WEB NEWS ) The Islamabad High Court (IHC) has directed the Ministry of Foreign Affairs (MoFA) to approach the
New system for the provision of electricity & a uniform tariff for the SEZs & Industrial Estates
Govt approves a new system for the provision of electricity & a uniform tariff for the SEZs & Industrial Estates Cabinet approved revised agreements with 14 IPPs, which will result in a deduction of 35 billion rupees from the extra profits of these IPPs over the past years ISLAMABAD (
Broadband / Internet
SCO Establishes First-Ever Freelancing Hub of Azad Jammu & Kashmir
SCO Establishes First-Ever Freelancing Hub of Azad Jammu & Kashmir exclusively for Differently Abled Persons at Noble Foundation, Muzaffarabad RAWALPINDI ( WEB NEWS ) Special Communications Organization (SCO) has taken a pioneering step in empowering differently abled individuals by launching its first-ever Freelancing Hub for Differently abled persons at Noble
InfraZamin and HABIBMETRO Partner to Finance Facility to Jaffer Business Systems
InfraZamin Pakistan and HABIBMETRO Partner to Provide a Structured PKR 800mn Guaranteed Trade Finance Facility to Jaffer Business Systems (Private) Limited KARACHI ( WEB NEWS ) InfraZamin Pakistan (IZP) has successfully issued its first short-term guarantee of PKR 600m against a PKR 800m Trade Finance Facility by HABIBMETRO for Jaffer
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
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
SCO has established over 60 software technology parks and freelancing hub in Azad Kashmir.
SCO has established over 60 software technology parks in Azad Kashmir and also set up the first freelancing hub for disabled individuals. Muzaffarabad ( Web News ) The Special Communications Organization (SCO) has established over 60 software technology parks in Azad Kashmir. SCO has also created the first freelancing hub
OIC Secretary-General calls for collaboration among member states in science & technology
OIC Secretary-General Hissein Ibrahim Taha calls for collaboration among member states in science & technology ISLAMABAD ( WEB NEWS ) The Secretary General of the Organization of Islamic Cooperation (OIC) Hissein Ibrahim Taha has emphasized the importance of collaboration among OIC member states in science and technology to overcome the
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
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