PTCL Group, a leading telecommunications service provider in Pakistan, has announced its collaboration with Nokia to transform its nationwide optical ultra-long-haul network to deliver an astounding 15 Terabits per second (15T) capacity, setting a new benchmark for network scalability and performance in Pakistan. In addition, at a grand handshake ceremony during GITEX Technology Week 2023 […]

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on October 26, 2023, approved the Bank’s financial results for the period ending September 30, 2023. Bank Alfalah continued its growth trajectory during the third quarter. The Bank announced a profit after tax of PKR 27.252 billion, demonstrating a 93.4% increase year-on-year […]

Descon Engineering Limited (DEL) and Engro Polymer & Chemicals Limited (EPCL) are proud to announce the signing of a Memorandum of Understanding (MoU) to further enhance their more than three-decade-long partnership. This significant milestone marks a renewed commitment to mutual collaboration in the field of plant maintenance, shutdowns, reliability, and asset performance management to ensure […]

The technology leader in Pakistan’s home-appliances market – Dawlance has partnered with Pink-Ribbon Pakistan and Santex (a leading producer of personal hygiene products), to spread public awareness about ‘Breast-Cancer’ and menstrual hygiene in the country. Dawlance is a wholly-owned subsidiary of Arcelik – the 2nd largest manufacturer of electronics in Europe. Besides creating innovative technologies, […]

In an effort to support its digital transformation plan and in alignment with the digital strategy implemented by Qatar Central Bank (QCB), Qatar International Islamic Bank (QIIB) has signed a Memorandum of Understanding (MoU) with FynPay, a Qatari FinTech company, aiming to explore a partnership that expands the Bank’s digital channels, local footprint and leverage […]

Acturis, the leading technology provider to the general insurance industry, has partnered with Customer Lifecycle Intelligence platform FullCircl to integrate its SmartBroker solution into the platform in order to deliver a rich, contextualized, and connected data solution for brokers, insurers, and MGAs. The SmartBrokerAPI integration will provide next-generation data enrichment to Acturis users proven to […]

The prominent Asian Business Review Magazine has recently recognised Ooredoo Oman for its transformative state-of-the-art data centre at the Middle East Technology Excellence Awards. Ooredoo won the award in the competitive Data Centre – Telecommunications category. Asian Business Review selected Ooredoo Oman from regional telecom companies for its holistic approach and commitment to digital transformation, […]

Fiserv, Inc., a leading global provider of payments and financial services technology, and Plaid, a data network at the forefront of the digital financial landscape, announced an agreement to enable secure and reliable data sharing through application programming interfaces (APIs), addressing growing consumer demand to access their financial information when, where and how they want. […]

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has launched the ‘National Digital Talent Incubator’ program, as a part of its strategic partnership with Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa and South Asia (MEASA). Facilitated by DIFC’s venture-building […]

Building upon their commitment to youth empowerment and economic growth, BankIslami, Pakistan’s premier Islamic bank, is pleased to announce the successful orientation that took place on Monday, September 25, 2023, at IBA Karachi for the BankIslami Umeed Digital Certifications Program. The BankIslami Umeed Digital Certifications Program orientation provided participants with a comprehensive overview of the […]