UOB announced the completion of the acquisition of Citigroup’s consumer banking businesses in Malaysia and Thailand. Completion of the acquisition for Citigroup’s consumer banking businesses in Indonesia and Vietnam is planned for 2023. The consumer businesses comprise Citigroup’s unsecured and secured lending portfolios, wealth management and retail deposit businesses. The acquisition is part of UOB’s […]

Omantel and Huawei have inked a memorandum of understanding (MoU) to collaborate on cloud business. The MoU was signed at GITEX GLOBAL 2022 by Talal Said Al Mamari, Chief Executive Officer of Omantel, and Frank Dai, President of HUAWEI CLOUD Middle East. As part of their strategic cooperation, Omantel and Huawei will come together to […]

Jazz, Pakistan’s leading digital operator and the largest internet and broadband service provider, collaborated with National Flood Relief Coordination Centre (NFRCC), to develop an App for Seed Distribution for the farmers affected by floods, as part of its commitment to provide technological support to the government for flood response and relief. The app is being […]

Raza Pirbhai, Chief Executive Officer at KFC Pakistan (Gray Mackenzie Restaurants), has been appointed the Vice President of the American Business Council. Raza has been leading the company since 2014 and envisions making KFC Pakistan the country’s most loved and trusted food retail brand. He has over two decades of experience serving FMCGs and local […]

Pakistani telecom company, PTCL has signed an agreement with evision – the media and entertainment wing of global telecom services provider, e& – to launch its own video streaming platform in Pakistan. The new Digital Video Over-The-Top (OTT) platform will host the richest collection of Hollywood and Pakistani entertainment content besides a rich assortment of […]

Seclore, the platform leader in data-centric security, announced that it has signed a strategic partnership with Tech First Gulf (TFG), an IT infrastructure and Cybersecurity Value Add Distributor, to deliver digital asset protection for Africa’s largest businesses. The move comes against a backdrop of steadily rising cases of cyber threats and attacks that, according to […]

To commemorate 40 successful years of its existence, Al-Ghazi Tractors Limited (AGTL) has introduced new 2023 models with high gloss paint features for all New Holland tractor variants.  The new 2023 models will be offered for the following models: 480s, 480 Power Plus, Ghazi, 640, 70-56, and Dabang. In addition, AGTL is going to take […]

Beacon Energy Limited (BEL), a company of the Beaconhouse group, has inaugurated its new state-of-the-art corporate office at DHA Phase 2, Islamabad. Mr. Nassir Kasuri, Chief Executive Officer of BEL, cut the ribbon at the ceremony. The event was attended by Beaconhouse’s management, employees and esteemed customers. Mr. Nassir Kasuri, Chief Executive Officer, said at […]

Hazeltree, a leader in treasury and liquidity management technology for the alternative asset management industry, announced the opening of a new FinTech engineering centre in the UK’s growing coastal tech hub of Bournemouth. The new centre is being opened as part of Hazeltree’s expansion strategy and to support growing demand for its unique cloud-based FinTech […]

Diebold Nixdorf, a world leader in automating, digitizing and transforming the way people bank and shop, today announced that Joe Myers has joined the company as executive vice president, Global Banking. Myers will report directly to Chief Executive Officer Octavio Marquez and will lead the company’s Banking business, overseeing sales, related service and solutions delivery […]