S&P Global has signed a Memorandum of Understanding (MoU) with Team Up Pakistan. The initiative aims to establish a sustainable, and mutually beneficial collaboration to provide employment to the youth and help facilitate, train, and upskill young and upcoming entrepreneurs in Pakistan. Mujeeb Zahur, Managing Director at S&P Global said, “Partnership is a core pillar […]

Mobilink Bank (MMBL) reported its financial results for Q1 2023, demonstrating strong business resilience in the face of challenging economic conditions. The Bank’s unaudited financial statements indicate a remarkable 48% increase in its revenue. Mobilink Bank’s strong emphasis on digital banking services enabled it to reach previously underserved communities and generate substantial revenue growth, with […]

The National Incubation Center (NIC) Islamabad, a collaboration between Pakistan’s leading digital operator Jazz and Ignite, has incubated 295 startups in 12 cohorts since its inception, helping attract over Rs 7 billion in investment and generating over Rs 5.6 billion in sales revenues for the Pakistani startups. These startups have also contributed to Pakistan’s economic […]

Mobilink Microfinance Bank Limited (MMBL) is partnering with the Swiss Capacity Building Facility (SCBF), a Switzerland-based innovative public-private platform, and the Arab Gulf Programme for Development (AGFUND), a Saudi Arabia-based development organization, to enhance its capacity to offer innovative and “fast-tracked” banking solutions to the unbanked and underbanked in Pakistan. SCBF has funded over 188 […]

Mobilink Microfinance Bank Limited (MMBL) has collaborated with Avanza Solutions to develop and deploy a state-of-the-art enterprise banking solution, DOST Corporate Portal. This platform is part of MMBL’s strategic pursuit to optimize operations and explore greater technical prowess to ultimately fulfill the growing banking and financial needs of various business segments. Mobilink Microfinance Bank is […]

Visa, the world’s leader in digital payments, has signed a Memorandum of Understanding (MoU) with Khazana Enterprise, a cloud-native technology provider for Government of Pakistan, in a strategic step towards driving digital transformation across the government sector in support of Pakistan’s cashless future agenda. The MoU included a number of offerings including best practices between […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has signed a strategic partnership with Quwat, the fintech arm of Industrus – a tech service provider catering to the needs of millions of consumers across Pakistan, to offer a robust portfolio of digitally innovative financial products and solutions to individuals as well as Small and […]

Descon, one of Pakistan’s leading conglomerates, has officially announced its intentions to diversify in to agriculture by setting up a division called Descon Agri Businesses (DAB). This new venture seeks to innovate and improve upon the existing farm productivity and agriculture value-chain, helping provide the nation with nutritious produces and sustained economic growth. Over the […]

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC, has announced the launch of the Dubai FinTech Summit, a global event that will bring together more than 5,000 experts, thought leaders, policymakers and decision-makers in Dubai to discuss how they […]

Aramco and IBM announced preliminary plans for a strategic collaboration to establish an Innovation Hub in Riyadh, Saudi Arabia. The collaboration aims to support high-tech driven economic growth in the Kingdom of Saudi Arabia leveraging emerging technologies in hybrid cloud, AI, and quantum computing to address objectives including circular economy, materials science, supply chain, sustainability, […]