Hexalyze shines at Singapore Fintech Festival
Pakistan’s IT companies and fintech operators are looking to grab business opportunities in the fintech sector worldwide, expanding their footprint in different countries, attracting investment, and winning projects against their innovative services and products, which is depicting the participation of over ten companies in the most significant global event—Singapore Fintech Festival.
Mehfooz
Banks, Financial Institutions, and PSX to Close on November 9 for Iqbal Day
The State Bank of Pakistan (SBP) and all the banking and financial institutions will observe public holiday on November 9, 2024 on the occasion of Allama Iqbal Day.
LUMS collaborates with Lahore Biennale to drive climate awareness
Amidst escalating environmental challenges in Pakistan, including record air pollution levels, LUMS has collaborated with the Lahore Biennale’s Climate Congress to hold a series of sessions at the University from November 6-8, 2024.
Muhammad Aurangzeb Inaugurates SECPs Electronic Mortgage Register for Banks and Financial Institutions
Federal Minister for Finance and Revenue, Muhammad Aurangzeb launched SECPs Electronic Mortgage Register of Companies, a landmark initiative designed to provide a centralized system for accessing and verifying mortgage information of companies.
PSX appoints Farrukh H. Sabzwari as new CEO
Pakistan Stock Exchange (PSX) announced the appointment of Farrukh H. Sabzwari as its Chief Executive Officer (CEO).
2.5% Rate Cut in Interest Not Reflective of Inflation’s Downward Trend
President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, while commenting on the State Bank’s decision to reduce the interest rate by 2.5 percent, bringing it down to 15 percent, stated that while KCCI had anticipated a more substantial reduction of at least 5 percent, the actual cut of 2.5 percent was inadequate and did not align with the declining trend in inflation, which has now fallen to single digit.
SECP Warns Public About Rise in Fraudulent Trading Platforms
The Securities and Exchange Commission of Pakistan warns the public regarding a surge in fraudulent investment schemes being promoted on social media platforms, including Facebook, Instagram, and WhatsApp.
LUMS Entrepreneurship Centre Inaugurates New Incubation and Acceleration Initiatives
The LUMS Centre for Entrepreneurship (LCE) has successfully inducted its inaugural cohorts for two signature programmes: the LCE Idea Launch Incubation programme and the Slingshot Accelerator programme. Both programmes underscore LCE’s commitment to fostering a vibrant entrepreneurial ecosystem in Pakistan, catering to start-ups at different stages of growth.
Innovating at the Intersection of Design and Technology: The Story of Muhammad Adil
In today’s rapidly evolving tech landscape, the ability to seamlessly integrate design and cutting-edge technology is a rare and invaluable skill. Muhammad Adil exemplifies this unique blend of talents. His expertise in product design, coupled with his proficiency in artificial intelligence (AI) and machine learning (ML), positions him as a forward-thinking innovator in the tech industry.
ADB approves $500 Million loan for Climate and Disaster Resilience in Pakistan
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support climate change and disaster risk reduction and resilience in Pakistan.