Pakistan first Sustainability Summit & Awards event
Devcom-Pakistan (Development Communications Network), the Pakistan Environmental Protection Agency (Pak-EPA) of the Ministry of Climate Change and Environmental Coordination, and Nustainable (the NUST office of sustainability), have joined forces to organize the first-ever “Pakistan Sustainability Summit and Awards”, the event will take place on Thursday, October 24.
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Jubilee Life Insurance Signs on to Sponsor the Next Three Pakistan Insurtech Summits
Jubilee Life Insurance, Pakistan’s largest private insurer, recently signed an MOU with the Pakistan Fintech Network (PFN) for sponsorship of the upcoming Pakistan Insurtech Summits in 2024, 2025, and 2026.
PTCL Group reports 15% YoY revenue growth
PTCL Group’s revenue has increased by 15.3% YoY to Rs.160.6 billion, mainly driven by strong performance in the consumer segment led by fixed broadband, mobile data, and wholesale & Business Solutions.
Significant Rise in Pakistan’s Liquid Foreign Reserves to $16 Billion
The total liquid foreign reserves of Pakistan surged to cross US$ 16 billion as of October 04, 2024 while the forex reserves held by the State Bank of Pakistan increased to $ 10,808 million.
Hexalyze shines at Singapore Tech Week for the first time
Hexalyze, one of the IT exporting Pakistani companies, is participating in Singapore Tech Week for the first time under the banner of “Tech Destination Pakistan.
PTCL launches Pakistan’s First 800G Wavelength Division Multiplexing System
PTCL Group, has achieved a major milestone by successfully launching the country’s first 800 Gbps per wavelength Super C+L Wavelength Division Multiplexing (WDM) system. This advanced technology enables a data transmission capacity of 64 Tbps per fiber, with the potential to reach up to 96 Tbps, marking a significant step forward for Pakistan’s digital infrastructure.
Number of cellular subscribers reaches 193 Million
The number of cellular subscribers in Pakistan reached 193 million, with a mobile tele-density of 79.41 percent, by the end of August 2024, according to data from the Pakistan Telecommunication Authority (PTA).
Jazz brings iPhone 16 to Pakistan for its customers
Jazz, Pakistan’s leading digital operator, has announced a partnership with Mercantile, the authorized Apple distributor for Pakistan and South Asia, to officially introduce the iPhone 16 series phones to the Pakistani market.
ICE, ASITA sign MoU of Cooperation, expect direct flights to Pakistan
The International Creatives Exchange (ICE) and the Association of the Indonesian Tours and Travel Agencies (ASITA) has signed a memorandum of understanding (MoU) to start a direct air flight operation between Pakistan and Indonesia.
Pakistan’s total liquid foreign reserves surge to $15.98 billion
The total liquid foreign reserves of Pakistan reached at 27-month high level of US$ 15,982.9 million, mainly backed by the receipt of EFF program’s first tranche of over $ 1 billion from International Monetary Fund (IMF).