GE has announced the appointment of Masroor Mahmud as its CEO for Pakistan.  He is mandated by driving the company’s growth in the country and aligning business strategy across all GE sectors with the government’s vision for development. In addition, Masroor will focus on enhancing talent development, ensuring risk management, and building a strong GE […]

Webdnaworks (Pvt) Ltd (WPL) is the State Bank of Pakistan’s (SBP) licensed and regulated Payment System Operator (PSO) and Payment Service Provider (PSP). WPL has been granted this full commercial license for the installation of White Label ATMs across Pakistan. WPL plans to roll out 600 ATMs over the next two years, and are willing to […]

Telenor Microfinance Bank’s mobile banking platform, Easypaisa has been awarded by Global Finance Magazine as ‘The Innovators 2020’ in the field of Payments. The Easypaisa App has been recognized for consistent efforts in forging new paths and introducing distinct yet sophisticated tools to tackle modern issues in Finance. ‘The Innovators 2020’ is a platform that […]

TECNO, a premier smartphone brand conducted a CSR Donation Ceremony on 11th of May, 2020 in which Governor of the Punjab Chaudhry Mohammad Sarwar along with other provincial government officials was also present. The ceremony took place at Hafeez Centre in Lahore, the biggest I.T Market of the country. Fulfilling its corporate responsibility, TECNO has taken […]

Master Group of Industries (1963), one of Pakistan’s leading corporate and consumer-focused industrial groups, is proud to announce the launch of its #DontLetThemSleepHungry initiative. The campaign will aim to raise funds to provide rations for 30,000 people severely affected by the ongoing COVID-19 pandemic. The Group has partnered with Saylani Welfare Trust, which will perform […]

Mobilink Microfinance Bank has recorded double-digit growth of 12% year-on-year in 2019 with a handsome increase in its values of assets, deposits, and loan portfolio. The bank’s profits increased to Rs. 920million in 2019 from Rs. 818 million in 2018, showing an increase of Rs. 102 million. The microfinance bank maintained the highest profit values […]

The State Bank of Pakistan (SBP) has opened up its subsidized Temporary Economic Relief Facility (TERF)  for Balancing, Modernization and Replacement (BMR), and expansion of existing projects. This measure has been taken to provide further stimulus to the economy in the context of COVID‐19’s impact on the economy, to support investment in the country for […]

Since its launch of Refinance Scheme to Support Employment and Prevent Layoff of Workers, called Rozgar Scheme in common parlance, State Bank has been constantly receiving feedback from various stakeholders, making the scheme more facilitative for businesses and creating incentives to prevent the layoff of employees under current COVID Pandemic scenario. Many of the changes […]

EMPG, the parent company of Pakistan’s largest real estate portal Zameen and one of the leading digital classifieds groups in the MENA, South Asia, and Southeast Asia regions, has announced its acquisition of Lamudi Global, which has businesses in the Philippines, Indonesia, and Mexico. The group said the acquisition had taken place before its merger […]

  As part of its PKR 100 million commitment to support vulnerable communities affected by the COVID-19 pandemic, Nestlé Pakistan has partnered with leading non-governmental organizations Shahid Afridi Foundation, Saylani Welfare International Trust, RIZQ, Salman Sufi Foundation, and Akhuwat to support them in their relief activities. Nestlé Pakistan’s product donation towards government and non-government organizations, […]