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 […]

Ministry of National Health Services, Regulations and Coordination, in collaboration with Common Management Unit for AIDS, TB and Malaria, UNAIDS, WHO, UNDP UNICEF, UNFPA, UNODC, APLHIV commemorated World AIDS Day 2022. This year theme of the World AIDS Day is “Equalize”, this slogan is a call to action to increase availability, quality of services for […]

Moody‘s Investors Service has downgraded the long-term deposit ratings to Caa1 from B3 of five Pakistani banks: Allied Bank Limited (ABL), Habib Bank Ltd. (HBL), MCB Bank Limited (MCB), National Bank of Pakistan (NBP) and United Bank Ltd. (UBL). The rating agency has also downgraded the five banks’ long-term foreign currency Counterparty Risk Ratings (CRRs) […]

Following PM’s Announcement of FCA’s relief package for the month of June, 1.8 million eligible electricity consumers across KE serviced territory in Karachi and adjoining regions are receiving benefit and being delivered adjusted bills for August at their doorsteps with extended due dates. The announcement of June’s FCA relief has come in two parts, it […]

In its efforts to avoid wastage of electricity, KE has disconnected 30,000 connections in the last one week across Karachi due to non-payment of bills. According to KE’s Spokesperson, “non-payment of bills contributes significantly to the losses in an area and creates hindrances for the consumers making regular payments. We humbly request our consumers to […]

PTCL & Ufone 4G have joined hands with the National Emergency Center, Government of Pakistan to extend its support for Polio eradication from Pakistan. The national telecommunication group created awareness by leveraging its vast network to promote vaccination against the disease that can physically impair children for life if not prevented in time. Unfortunately, Pakistan […]

Standard Chartered Bank Pakistan Limited (SCBPL) announced the appointment of Saadya Riaz as Head of Consumer, Private and Business Banking (CPBB). Saadya has been associated with Standard Chartered (SC) for 17 years. Prior to this appointment, she has held a number of key management positions with the Bank and for the past five years she […]

Dawlance – Pakistan’s No. 1 brand of home appliances in Pakistan and a wholly-owned subsidiary of Arcelik, Turkey, initiates its new localized AC production line built with European Standards. Arcelik – the second largest manufacturer in Europe (based in Turkey), has facilitated the design and manufacture of this product through the transfer of technology and […]

Carrefour, owned and operated by UAE-based Majid Al Futtaim in Pakistan, has added a further PKR 1 billion rupees to its current investment of PKR 9.5 billion in the country with the inauguration of a new hypermarket in Gujranwala. The new standalone hypermarket was inaugurated, in the presence of Syed Fakhar Imam, Federal Minister for […]

AstraZeneca has delivered over 8.6 million doses of COVID-19 Vaccine AstraZeneca (ChAdOx1-S [Recombinant]) to Pakistan during 2021 to help boost the vaccination program. These doses were supplied to Pakistan via the COVAX global initiative and through donations from various countries, with more expected in the coming months. Sameh El Fangary, Country President for GCC and […]