Mehfooz

Pakistan, Türkiye Strengthen Rice Trade Ties with Competitive Pricing & Higher Export Volumes

Pakistan, Türkiye Strengthen Rice Trade Ties with Competitive Pricing & Higher Export Volumes

Federal Minister for Commerce Jam Kamal Khan held a detailed meeting with the Turkish Ambassador to Pakistan, Dr. Irfan Neziroglu, at the Ministry of Foreign Affairs (MoFA) to review and enhance bilateral trade cooperation, with a special focus on increasing Pakistan’s rice exports to Türkiye.

Pakistan Pavilion at Gulfood 2026 inaugurated in Dubai

Pakistan Pavilion at Gulfood 2026 inaugurated in Dubai

The Trade Development Authority of Pakistan (TDAP) has marked its largest-ever participation at Gulfood 2026, the world’s leading food and beverage trade exhibition, with the inauguration of the Pakistan Pavilion in Dubai.

TDAP to showcase Pakistan’s agro, food participation at Gulfood

TDAP to showcase Pakistan’s agro, food participation at Gulfood

The Trade Development Authority of Pakistan (TDAP) is set to mark a historic milestone at Gulfood 2026, orchestrating the country’s largest-scale participation to date at the world’s premier food and beverage trade exhibition.

BankIslami Launches Pakistan’s First Shariah-Compliant Raast QR Payment Gateway

BankIslami Launches Pakistan’s First Shariah-Compliant Raast QR Payment Gateway

Pakistan’s first digital Islamic banking platform, ‘aik’ by BankIslami, has launched aikPay— Pakistan’s first Shariah-compliant Raast-enabled QR Payment Gateway. Built on the State Bank of Pakistan’s Raast infrastructure, aikPay enables real-time online payments through dynamic QR codes, allowing customers to pay instantly from their bank accounts and enabling merchants to receive payments securely through a smooth checkout experience.

CAT dismisses banks’ appeals, upholds CCP’s Rs.205M penalties in ESA Cartel Case

CAT dismisses banks’ appeals, upholds CCP’s Rs.205M penalties in ESA Cartel Case

The CCP had imposed a penalty of PKR 30 million on the PBA and PKR 25 million each on Habib Bank Limited, Allied Bank Limited, MCB Bank Limited, United Bank Limited, Saudi Pak Bank Limited, Atlas Bank Limited, and National Bank Limited.

UBL & AUTON8 Successfully Complete Core Banking Data Migration for 105 Ex‑Silk Bank Branches

UBL & AUTON8 Successfully Complete Core Banking Data Migration for 105 Ex‑Silk Bank Branches

United Bank Limited (UBL) has successfully completed a large-scale core banking data migration with AUTON8 in six months, transitioning data from Ex-Silkbank’s Temenos T24 core banking system to UBL’s Symbols platform.

PMYP & Dellsons Unveil Free Digital Remittance Wallet for Overseas Pakistanis

PMYP & Dellsons Unveil Free Digital Remittance Wallet for Overseas Pakistanis

The Prime Minister’s Youth Programme signed a Letter of Intent  (LOI) with Dellsons Associates Private Limited at the Prime Minister’s Office to collaborate on developing a Digital Wallet linked with the Digital Youth Hub, aimed at enabling instant and zero cost remittances for overseas Pakistanis, particularly blue collar workers in the United Arab Emirates, as…

SBP injects Rs 358.5 billion in the market

SBP injects Rs 358.5 billion in the market

The State Bank of Pakistan (SBP), on Thursday, injected Rs 358.5 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market.

Pakistan Customs enforces official bank exchange rates on shipping charges

Pakistan Customs enforces official bank exchange rates on shipping charges

Pakistan Customs has achieved a major industry-wide breakthrough by ensuring the application of official bank exchange rates on shipping charges, effectively ending the long-standing practice of arbitrary and excessive billing by international shipping lines and providing relief to traders and exporters.