State Bank Pakistan (SBP) has issued an Islamic banking license to Faysal Bank Limited (FBL) making it the second-largest full-fledged Islamic bank in Pakistan. Commenting on the momentous occasion, Mr. Jameel Ahmed, Governor State Bank of Pakistan said, “Conversion of Faysal Bank is first of its kind in the banking history of Pakistan. This is […]

The first day of “Pathways to Development: Equitable and Sustainable Growth in Pakistan” saw prominent academics, researchers, social scientists, practitioners, policymakers, politicians, and great minds from the Pakistani diaspora gather at LUMS to discuss issues vital to sustainable development in Pakistan. The conference was organised jointly by the Chaudhry Nazar Muhammad Department of Economics and […]

In a New Year letter circulated to Huawei 195,000 employees globally, Huawei Rotating Chairman Eric Xu said that the company expects to round off the year with a slight rise in total revenue of 636.9 billion yuan over last year total revenues of 636.8 billion yuan, which is in line with forecast. The senior Huawei […]

Huawei announced that it was named a Leader in the 2022 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure, the only non-North American vendor positioned in the Leaders Quadrant. Huawei takes it as a milestone and believes it is yet another testament to the global recognition of Huawei’s full lineup of network Offerings. […]

JazzCash, Pakistan’s leading Fintech, and Central Directorate of National Savings (CDNS), Pakistan’s largest investment and financial institution, signed a Memorandum of understanding (MoU) for Disbursement and Collection solutions. Through this partnership JazzCash, a subsidiary of Jazz, and a part of VEON Group and CDNS will ease payment solutions for more than four million people, including […]

Globe Residency REIT (GRR) was listed at the Pakistan Stock Exchange by Arif Habib Dolmen REIT Management Limited at a Gong Ceremony, making it Pakistan’s first listed Developmental Real Estate Investment Trust (REIT). Minister for Finance, Senator Ishaq Dar was the Chief Guest on the occasion. Arif Habib, Chairman, Arif Habib Dolmen REIT Management and […]

The Sharjah Entrepreneurship Center (Sheraa) have announced a partnership with The DMZ, that will foster a new wave of entrepreneurial success for the entrepreneurs of Sharjah and empower 15 startups from the emirate to the DMZ-led soft-landing program. The DMZ is a world-leading startup incubator based at Toronto Metropolitan University (TMU). The incubator helps to equip the next generation […]

Volante Technologies, the global leader in cloud payments and financial messaging, today announced it has won the 2022 MEA Finance Industry Award for ‘Best Cloud Payments Provider’. This is the second year in a row that Volante has received this award for their contribution to the advancement of the banking industry in the Middle East and Africa (MEA) regions, […]

Higher Education Commission (HEC) and Microsoft renewed the Education Transformation Agreement (ETA) in Pakistan with a magnanimous launch announcing 100,000 free Technology certifications for University Students across Pakistan. Microsoft and HEC collaboration reimagines the education landscape, empowers the next generation of students and bridges the gap between knowledge and employability. Under the umbrella of this academic alliance the […]

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