Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the launch of a campaign offering free international transfers for all individual customers during the ongoing COVID-19 situation. As part of the campaign which runs until 11 August 2020, customers can transfer funds to more than 150 countries in over 30 […]

Syed Babar Ali, the Founding Pro-Chancellor of LUMS and former President of the World Wildlife Fund, has been elected to this year’s class of the prestigious American Academy of Arts & Sciences. Recognized for his immeasurable contributions to education, advancing the public good, and promoting social equity in Pakistan, Mr. Ali has been acknowledged in […]

In continuation of earlier relief measures on account of the COVID-19 crisis, K-Electric (KE) is facilitating small and medium enterprises (SMEs) through pre-paid electricity bills under the “Chota Karobar-o-Sannat Imadadi” package announced by the federal government. Under the package, eligible commercial customers with sanctioned load up to 5kW and industrial consumers with sanctioned load up […]

Prime Minister Imran Khan will launch on Monday cash disbursal program under the Ehsaas Emergency Cash for workers who are worst affected by the coronavirus crisis and have become jobless. Over Rs 3 billion have so far been collected in the Corona Relief Fund. For every rupee donated to the fund, the PM has committed that […]

The State Bank of Pakistan, in a meeting of the Monetary Policy Committee (MPC) on Friday, reduced the policy rate by 100 basis points to 8 percent.’ This decision reflected the MPC’s view that the inflation outlook has improved further in light of the recent cut in domestic fuel prices. As a result, inflation could […]

Facebook is acquiring Giphy, a popular website for making and sharing animated images, or GIFs, and will integrate it with its rapidly growing Instagram photo-sharing app, Facebook said in a blog post on Friday. The cost, which Facebook and Giphy declined to disclose, was placed at around US$400 million by news website Axios. The announcement […]

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 […]