collaboration
American Pakistan Foundation (APF) has announced the appointment of Saleem Ahmad, Chairman, National Incubation Center Lahore (NICL), LUMS to its board of directors. With this appointment, APF hopes to foster stronger ties with Pakistan’s entrepreneurial ecosystem and serve as a pathway to productive economic diplomacy and collaboration between institutions and people of the United States […]
Path Solutions, the global Islamic banking software company,announced that Kuwait Finance House (“KFH”), Kuwait’s Islamic banking pioneer has successfully completed the upgrade of its fully automated STP Islamic Treasury solution to the new Path Solutions’ Java-based platform iMAL R14.1, as of 21st February. KFH is considered a pioneer in the banking phenomenon known as Islamic […]
Deutsche Investitions- und Entwicklungsgesellschaft mbH, a wholly-owned subsidiary of KfW Group based in Cologne, Germany, has acquired a 19.9% equity stake in TPL Insurance by investing PKR 466.5 million on a fully diluted basis. The acquisition follows TPL Insurance’s announcement made in June last year to the Pakistan Stock Exchange on DEG’s interest in acquiring […]
Ferozsons Laboratories Limited, a leading pharmaceutical company, has signed a Memorandum of Understanding (MOU) with Rizq, an innovative social enterprise dedicated to ending hunger in Pakistan, to launch the Ferozsons Omega Initiative. The initiative aims to improve access to food at hospitals and underserved communities across Pakistan. In line with the UN sustainable development goals, […]
OPPO has started an exciting promotional sale on Daraz starting from 12th April to 30th April. Coming in Magic Blue and Matte Black, OPPO F17 Pro which was for PKR 51,999, now is available for just PKR 47,999 and with every purchase get a free OPPO 10000mAh with 18W fast charge power bank. So, no […]
During the 18th Huawei Global Analyst Summit attended by more than 400 guests of analysts, experts, key opinion leaders, and media representatives from around the world, Eric Xu, Huawei’s Rotating Chairman, shared the company’s business performance in 2020 as well as five strategic initiatives moving forward. According to Mr. Xu, Huawei will: Optimize its portfolio […]
UPaisa and Abacus entered into a strategic partnership for the launch of a mobile application that simplifies cashless transactions and expands access to better financial services. Through the innovative offering, UPaisa shall be able to speed up time to market, offer more options to customers, enhance growth opportunities and integrate the latest technologies. The joint […]
The National Incubation Center and Jazz xlr8 successfully conducted yet another exciting event under their flagship project, Hacktivate, this time to find innovative and disruptive solutions in the fin-tech space. The two-day event comprised a hackathon where shortlisted startups and SMEs in the fin-tech space pitched their ideas to a power-packed panel of judges, and an Innovation Challenge […]
On the sidelines of the SAMENA Leaders’ Summit, the President of Huawei Middle East, Charles Yang, has provided an update on the company’s business globally and across local markets, with his comments following Huawei’s release of its annual earnings results for 2020. The executive has emphasized the strategic importance of the region to the company […]
Western Union, a global leader in cross-border, cross-currency money movement and payments, is collaborating with Faysal Bank, one of Pakistan’s leading Islamic banks, to enhance its real-time bank account payout network in Pakistan. Receivers of international money transfers in Pakistan benefit from Western Union’s real-time account payout capabilities via a far-reaching bank network in Pakistan, […]