Mehfooz

Mobilink Bank Named Pakistan’s Best Digital Bank, Secures Three FinanceAsia Awards

Mobilink Bank Named Pakistan’s Best Digital Bank, Secures Three FinanceAsia Awards

Pakistan’s leading digital microfinance bank, Mobilink Bank, has secured top honors at the FinanceAsia Awards 2026, being recognized as Pakistan’s Best Digital Bank, Best Bank for Financial Inclusion, and Best Bank for Use of Technology in the domestic category.

Telenor Pakistan formally amalgamates into PTML following statutory approvals

Telenor Pakistan formally amalgamates into PTML following statutory approvals

Telenor Pakistan will formally amalgamate into Pak Telecom Mobile Limited PTML (Ufone 5G) with effect from July 2026, marking the completion of one of the most significant transactions in the country’s telecommunications history. The amalgamation follows the receipt of the final statutory approval from the Islamabad High Court, which brought to close a comprehensive regulatory…

SECP Reforms Drive 1,374% Growth in Third-Party Motor Insurance Across Sindh

SECP Reforms Drive 1,374% Growth in Third-Party Motor Insurance Across Sindh

Under the revised law, every registered vehicle in Sindh must carry valid third-party insurance. Vehicles without insurance cannot be registered, transferred, or pay annual token tax, strengthening compliance and consumer protection. The Securities and Exchange Commission of Pakistan’s (SECP) reforms to enforce third party motor insurance have increased third-party motor insurance coverage in Sindh by…

BYD Expands Footprint in Karachi with New Dealership Amid Rising NEV Demand

BYD Expands Footprint in Karachi with New Dealership Amid Rising NEV Demand

BYD Pakistan, through its official partner Mega Motor Company (Pvt.) Limited, has announced the expansion of its presence in Karachi with the opening of a third authorized BYD dealership in Korangi to cater to the growing demand for New Energy Vehicles (NEVs) in Pakistan’s largest automotive market.

SECP Approves Pakistan’s First Digital Lending Product for Women-Led MSMEs

SECP Approves Pakistan’s First Digital Lending Product for Women-Led MSMEs

Under this product, the Company will offer women entrepreneurs asset financing ranging from PKR 100,000 to PKR 1.5 million, based on the outcome of the credit assessment of each borrower.

Pakistan Secures $700 Million ADB Loan for Insurance Sector Reforms

Pakistan Secures $700 Million ADB Loan for Insurance Sector Reforms

The Asian Development Bank (ADB) approved a US$ 700 million policy-based loan to support reforms aimed at strengthening insurance in Pakistan.

SECP Chairman Reveals New Strategy to Grow Investor Base and Enhance Capital Markets

SECP Chairman Reveals New Strategy to Grow Investor Base and Enhance Capital Markets

The Chairman, Securities and Exchange Commission of Pakistan (SECP), Dr. Kabir Ahmed Sidhu, unveiled an ambitious reform agenda aimed at expanding Pakistan’s investor base, strengthening financial literacy, and accelerating the development of the country’s capital markets.

PSX holds gong ceremony to mark successful listing of SLM

PSX holds gong ceremony to mark successful listing of SLM

The Pakistan Stock Exchange, organized a special Gong Ceremony to commemorate the achievements of CPEC and the successful listing of Service Long March Tyres Limited on PSX that attracted strong investors’ response during book building and general public subscription phases.

SBP Conducts National Survey on Digital Payment Services in Pakistan

SBP Conducts National Survey on Digital Payment Services in Pakistan

The State Bank of Pakistan (SBP) has launched a nationwide Survey on “User Experience of Digital
Payment Services” to obtain direct feedback from such users across Pakistan.

DIB Pakistan’s New Brand Identity, Signals the Next Phase of Purpose-Driven Growth

DIB Pakistan’s New Brand Identity, Signals the Next Phase of Purpose-Driven Growth

The new logo combines a distinctive DIB wordmark with the “Globus” symbol, bringing to life a modern vision of global Islamic banking.