UAE’s Invest Bank Selects Temenos Banking Cloud to Accelerate Digital Transformation with NdcTech
Invest Bank will be one of the first in UAE to run digital and core banking on a SaaS platform Invest Bank, a premier commercial bank in UAE, has selected Temenos (SIX: TEMN) to take its digital and core banking to the cloud, in partnership with NdcTech. Invest Bank will adopt an end-to-end retail and…
Adil Aziz
Amin Ul Haque vows to launch 5G technology next year
Federal Minister for IT and Telecommunication Syed Amin Ul Haque vowed to launch 5G technology in the country next year. The minister expressed these views while talking to Wang Hua, the CEO Zong, who called on him in his office. Matters related to spectrum, 5G technology, connectivity and the provision of quality telecom services were…
Pakistan’s name in list of ‘Global Shield Funding Countries ‘ as substantive achievement: Raja Pervez
National Assembly Speaker Raja Pervez Ashraf has hailed the decision and announcement in COP27 Summit in Egypt for including Pakistan in the list of Nations ‘Pathfinder Countries’ as Pakistan and other six countries will be the first recipients of ‘Global Shield Funding’. He termed it as a resounding success of the Parliamentary and Foreign diplomacy…
Get Amazing Discounts on Xiaomi’s Most Popular Devices at Daraz
If you’re looking to upgrade your mobile device then look no further than Pakistan’s biggest sale, Daraz 11:11. Xiaomi Pakistan’s most popular mobile devices and eco products are available at a substantial discount on Daraz giving you the best deals of the year. The sale will last till November 21, 2022, but if you are…
World population to hit eight billion
Although there are more people on Earth than ever before because we’re living longer, population growth is at its slowest rate since 1950, UN data reveals The world’s eight billionth resident will be born today, according to projections by the United Nations Population Division. The global population will reach eight billion – three times the…
Pakistan’s default risk spikes; CDS index spikes 4.2%
Pakistan’s risk of default, measured through the five-year currency default swap (CDS) index, spiked 4.2 percentage points to a new high at 64.2 per cent, suggesting that the country lacked resources to meet the growing import payments and foreign debt repayments on time. Pakistan is scheduled to repay $1 billion against a five-year ‘Sukuk ‘(Shariah-compliant…
FTX assets frozen by Bahamas regulator as crypto exchange fights for survival
Founder Sam Bankman-Fried races to find funds to fill multibillion-dollar hole in exchange The Bahamas securities regulator has frozen the assets of the Bahamas subsidiary of FTX, as the world’s second largest cryptocurrency exchange struggles for survival. The Securities Commission of the Bahamas said it had frozen the assets of FTX Digital Markets and related parties, as well…
Pakistan ‘performing well’ in checking cross-border crimes: EU Commissioner
European Union Commissioner for Migration and Home Affairs Ylva Johansson on Monday lauded Pakistan’s role in controlling cross-border terrorism, smuggling, and trafficking and expressed the EU’s intent for “deeper cooperation” in the area of border management. At a joint press stakeout with State Minister for Foreign Affairs Hina Rabbani Khar, the EU official said Pakistan…
Faysal Bank Appreciates Government’s Intent to make Pakistan Interest-Free
The announcement from the Ministry of Finance last week that it will advise the State Bank of Pakistan and National Bank to withdraw their appeal against the Federal Shariat Court’s decree to convert to an Islamic financial system comes as a welcome step. Senator Mohammad Ishaq Dar, Federal Minister for Finance and Revenue, announced that…
NdcTech Participates in Singapore Fintech Festival
NdcTech was the only IT company from Pakistan to exhibit its offerings at Singapore Fintech Festival 2022. Sakina Tahir (first from right) and Hiba Hashim (second from right) were also among the participants of this FinTech Meet and Greet at the Pakistan High Commission in Singapore. Singapore FinTech Festival is one of the largest FinTech…