Qistbazaar achieves Rs. 1.0 billion sales milestone in just 17 months
Qistbazaar, a leading e-commerce start-up, has achieved the milestone of Rs. 1.0 billion in sales, in just 17 months since its establishment in November 2021. As a rapidly growing BNPL (Buy Now Pay Later) platform, and working as a licensed NBFC (Non-Banking Finance Company), Qistbazaar is committed to uplifting the living standard of all citizens…
Adil Aziz
MMBL and iConsult form Strategic Partnership to Advance Financial Inclusion in Merged Districts
Mobilink Microfinance Bank Limited (MMBL) and International Consulting Associates (Pvt) Ltd. (iConsult) have inked a Memorandum of Understanding (MoU) to broaden the horizon of financial inclusion for the residents of South Waziristan, North Waziristan, and Khyber Districts. The strategic partnership endeavors to bolster the financial well-being of individuals and communities living in these regions by…
Bank ABC Partners with Temenos and NdcTech to Implement Next-Generation Core Banking System
Bank ABC, one of MENA’s leading international banks, has signed agreements with Temenos and NdcTech to replace its core banking systems for its retail, corporate and wholesale businesses and power its subsidiary, ila Bank, the MENA region’s fast growing digital mobile-only bank, with Temenos’ core banking platform on the Cloud. With this transformation project, to…
Carrefour and Alkhidmat Foundation partner to lend a helping hand to those in need
● Carrefour and Alkhidmat Foundation have partnered to support the less privileged in Pakistan during Ramadan ● The collaboration will provide humanitarian aid to communities in Türkiye and Syria affected by the recent earthquakes● Customers can find pre-packed boxes filled with essential items at all Carrefour stores to donate Carrefour, owned and operated by Majid…
Pakistan Kissan Ittehad President warns of fertilizer shortage as two urea plants remain shut down
The President of Pakistan Kissan Ittehad, Khalid Mahmood Khokhar, held a press conference in Lahore whereby he stated that Pakistani farmers are currently waiting in long queues to receive the urgently required fertilizer for Rabi crops. While sowing of cotton has already started in Sindh and Punjab, two major fertilizer plants in the Country remain…
US investors keen for further exploring investment avenues in furniture industry
Chief Executive Officer of Pakistan Furniture Council Mian Kashif Ashfaq said that US investors wanted to further explore investment avenues in the diversified furniture industry in Pakistan and showed keen interest in joint ventures in the furniture sector. The CEO of PFC is currently visiting the United States for discussing the existing trade and investment potential…
ABHI Onboards Naveena Group to Provide AbhiSalary (Earned Wage Access) to 5,000 Employees
ABHI, an embedded fintech company, has signed an agreement with Naveena Group and its subsidiaries to provide AbhiSalary, an Earned Wage Access facility, to their 5,000 employees. AbhiSalary will financially empower the group’s workforce by enabling them to access their earned salaries before their payday and have the freedom to spend, save and invest with…
Pakistan, US reaffirm commitment to promote economic growth, energy security
Pakistan and the United States reaffirmed their commitment to promoting economic growth, energy security, partnership in long-term flood rehabilitation efforts, and strengthening their overall relationship. The bilateral ties were discussed in a meeting between Prime Minister Shehbaz Sharif and visiting Assistant Secretary for the Bureau of Energy Resources at the US Department of State Geoffery…
Meezan Bank, Fieldfisher Capital join hands to extend Islamic Finance Advisory to Europe, Middle East
Meezan Bank, Pakistan’s leading Islamic Bank, has recently signed a Memorandum of Understanding (MoU) with Fieldfisher Capital LLP (FFC) – a multi-disciplinary advisory service, under which both parties will collaborate to provide Shariah advisory services to international clients including, but not limited to, Europe and the Middle East. The signing ceremony took place at Meezan…
Ali Akhai selected as a Young Global Leader from Pakistan
The World Economic Forum has announced the induction of the newest members of its Young Global Leaders class of 2023. This year’s cohort of members are from various sectors including political leaders, innovative entrepreneurs and passionate activists. The chairman of Martin Dow Group Mr. Ali Akhai is also selected as one of the Young Global…