Lahore-based fashion e-commerce startup, Clicky. pk, closed USD 700,000 in a Pre-Series A round of funding. Former executives from Amazon MENA region as well as Xiaomi along with few other angel investors participated in the round. Founded in 2016 by Muhammad Khalid & Syed Shahzad, Clicky.pk is Pakistan’s top fashion-focused marketplace and retail startup. Having […]

The President and CEO of BankIslami, Syed Amir Ali stressed upon the stakeholders in the financial and banking sector to develop the solutions, models, and procedures for overcoming the economic challenges in wake of the pandemic while addressing the 4th International Conference on Islamic Banking and Finance at IoBM recently as a guest speaker. Regarding […]

The Laurentian Bank of Canada is pleased to announce the appointment of Rania Llewellyn as President and Chief Executive Officer and as a member of its Board of Directors, effective October 30, 2020. Ms. Llewellyn will become the first woman to lead a major Canadian bank. Ms. Llewellyn joins the Bank following a 26-year career […]

Facebook hosted a virtual launch event to introduce Dial Zero, their Authorized Sales Partner for Pakistan, to the local market. Both companies discussed this first of its kind partnership for the country along with educating attendees about Facebook’s various new services being offered for local businesses including localized account management, local billing in Pakistan Rupee, […]

According to a Press Release dated 27th July issued by the State Bank of Pakistan, JS Bank once again topped the Rozgar Refinance Scheme processing and disbursement which supports the private sector for payment of wages and salaries leading to avoid lay off of employees and prevent unemployment.  The Rozgar Scheme, also known as the […]

The leading enterprise in Pakistan’s home-appliances industry – Dawlance has proved its competitive-edge and innovative superiority, by winning the ‘Effie Award – Gold in the ‘Home Furnishings and Appliances’ category, at the 2nd Effie Pakistan 2020.  Dawlance had participated in this forum for the first time, where its ‘Customer Service Campaign’ won this highest accolade […]

To promote housing and construction of buildings activities in the country, as envisaged by the Government of Pakistan (GOP), State Bank of Pakistan (SBP) has decided to set a mandatory target for banks to extend mortgage loans and financing for developers and builders. Banks will be required to increase their housing and construction of building […]

SadaPay today announced the appointment of Tayseer Ali as Chief Financial Officer. He was most recently serving as the CFO of Mobilink Microfinance Bank, the bank behind the 20 million mobile wallet accounts of JazzCash. Prior to his tenure at Mobilink, Tayseer served as the CFO of Pak China Investment Company under Chairmanship of Dr. […]

Pakistan has joined the league of some of the top countries of the world by providing a Certification from Home Platform for Microsoft Certifications for its students. An agreement was reached between the Higher Education Commission (HEC) of Pakistan and Microsoft to provide this Certification free of cost to the first 2000 students who register […]

KARACHI: TPL Insurance Ltd, the insurance arm of TPL Corp and Pakistan’s first direct insurance company, has signed a Letter of Interest (LOI) with DEG, Deutsche Investitions- und Entwicklungsgesellschaft mbH (“DEG”), a wholly-owned subsidiary of KfW Group based in Cologne, Germany. The proposed transaction of an acquisition of a minimum 20% equity in TPL Insurance […]