Standard Chartered Bank Pakistan has signed an un-funded Risk-Participation Agreement with the International Finance Corporation.  The USD 200 million PKR equivalent program, will see the IFC cover 50% of Standard Chartered’s risk against short term-trade and working capital-funded loan facilities for corporate clients based in Pakistan. Standard Chartered and IFC aim to leverage their long-standing […]

COFE, the MENA’s leading online coffee marketplace, announces its trilateral partnership with De’Longhi (Ahmed Abdulwahed) and JAZEAN, a brand by Saudi Coffee Company, integrating the brilliance of premium Italian coffee machines with the richness of top-tier Saudi coffee beans. The partnership between the three brands marks a significant leap forward in improving the coffee e-commerce […]

Zong 4G, Pakistan’s leading telecommunications company, recently partnered with Lok Mela, an 11-day extravaganza that unfolded at Lok Virsa, Islamabad, from November 3 to November 12. As the official connectivity partner for the event, Zong 4G played a pivotal role in fostering cultural unity and celebrating Pakistan’s rich heritage. Embracing the theme of “Peace and […]

In a groundbreaking initiative, Careem, a pioneer of ride-hailing services in Pakistan, has partnered with the Lahore University of Management Sciences (LUMS) to launch “Asset-based Finance for Microenterprises in Pakistan’. The partnership is aimed at uplifting and empowering women in Pakistan by offering them the opportunity to become self-reliant entrepreneurs and contribute to the socio-economic […]

Women-led businesses in Pakistan primarily face funding, digitization, and advisory challenges according to Visa’s Women SMB Digitization Index survey. In order to address these challenges, Visa, a world leader in digital payments is launching its global She’s Next grant program in Pakistan for the first time in partnership with HBL, Pakistan’s largest private bank, which […]

Descon Engineering Limited (DEL) and Engro Polymer & Chemicals Limited (EPCL) are proud to announce the signing of a Memorandum of Understanding (MoU) to further enhance their more than three-decade-long partnership. This significant milestone marks a renewed commitment to mutual collaboration in the field of plant maintenance, shutdowns, reliability, and asset performance management to ensure […]

The technology leader in Pakistan’s home-appliances market – Dawlance has partnered with Pink-Ribbon Pakistan and Santex (a leading producer of personal hygiene products), to spread public awareness about ‘Breast-Cancer’ and menstrual hygiene in the country. Dawlance is a wholly-owned subsidiary of Arcelik – the 2nd largest manufacturer of electronics in Europe. Besides creating innovative technologies, […]

In an effort to support its digital transformation plan and in alignment with the digital strategy implemented by Qatar Central Bank (QCB), Qatar International Islamic Bank (QIIB) has signed a Memorandum of Understanding (MoU) with FynPay, a Qatari FinTech company, aiming to explore a partnership that expands the Bank’s digital channels, local footprint and leverage […]

Acturis, the leading technology provider to the general insurance industry, has partnered with Customer Lifecycle Intelligence platform FullCircl to integrate its SmartBroker solution into the platform in order to deliver a rich, contextualized, and connected data solution for brokers, insurers, and MGAs. The SmartBrokerAPI integration will provide next-generation data enrichment to Acturis users proven to […]

Veem, a leading global payments provider, announced its partnership with WooCommerce, the open-source e-commerce platform built on WordPress, to help streamline payables and receivables for e-commerce businesses globally. The Veem B2B extension is now available on the WooCommerce marketplace. This extension will enable businesses to seamlessly integrate payment collection into their checkout flow without paying […]