HBL becomes the first bank in Pakistan to invest in a digital fintech startup with its Rs. 176 Million (USD 1.15 Million) participation in the last tranche of Finja’s Rs. 1.56 billion (USD10.15 Million) Series A1 round. HBL joins an impressive list of leading global fintech funds that have invested in Finja including BeeNext, Vostok […]

The Coca-Cola Export Corporation, Pakistan has appointed Aisha Sarwari as the new Director, Public Affairs, Communications, and Sustainability, for Pakistan and Afghanistan region. She joins at a time when the Company identifies Pakistan as the largest market in the region, and also a time of global restructuring to instill a flat and integrated system that […]

The HOPE Consortium’s World Immunisation & Logistics Summit was opened by H.H. Sheikh Abdullah Bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation with a call to enhance collaboration in the world’s approach to tackle COVID-19 and ensure a healthier future for all. The two-day virtual Summit, hosted in by Abu Dhabi, […]

The GSMA has published its annual ‘State of the Industry Report on Mobile Money. It reveals a dramatic acceleration in mobile transactions during the COVID-19 pandemic as lockdown restrictions limited access to cash and financial institutions. The report found that the number of registered accounts grew by 13 percent globally in 2020 to more than […]

The Board of Directors of EFU General Insurance Limited on 25th February 2021 approved the annual financial statements for the year ended 31 December 2020.  Despite the Covid 19 Pandemic the Company holds a leading position in the non-life insurance business. It created another history by becoming the first company to underwrite premiums (including Takaful […]

The COVID-19 pandemic has placed a magnifying glass on the realities of access to resources across the globe – particularly within the education space that has required educators, learners, and parents alike to be aware of the realities that existed across the spectrum before its initial onset. In response to this and the new realities […]

Emirates flight EK 2503 took off from Dubai to Kuwait. Although operated on a Boeing 777-300ER passenger aircraft, EK 2503 carried no passengers but about 34 tonnes of belly-hold cargo that was urgently required in Kuwait. It was the first time in the history of its operations that Emirates had operated a cargo-only flight on […]

BankIslami has reported its highest-ever profitability during the financial year 2020. Profit after tax closed at Rs. 1.70 billion, up by 56% compared with the profitability of Rs. 1.09 billion during the financial year 2019. Despite downward adjustment in the policy rate, net spreads of the Bank increased by 16% on account of 21% growth […]

PayPro, one of Pakistan’s fastest-growing fintech companies which focuses on B2B and B2C payments, was awarded a PKR 7.473 million Innovation Grant by the USAID Small and Medium Enterprise Activity (SMEA) to digitize the MSMEs (Micro, Small and Medium-sized Enterprises) who’re looking to collect payments through digital channels. The grant will allow PayPro to invigorate […]

Emirates SkyCargo has signed an agreement with UNICEF to prioritize the transport of COVID-19 vaccines, essential medicines, medical devices, and other critical supplies to help fight the COVID-19 pandemic. The announcement is the latest in a series of measures undertaken by the freight division of Emirates to support global communities in recovering from the devastating […]