Karandaaz Pakistan signs data sharing agreement with TASDEEQ Credit Bureau
Karandaaz Pakistan signed a data sharing agreement with TASDEEQ, a private credit bureau operating in Pakistan. By joining hands with TASDEEQ, Karandaaz will be enhancing the data offered through its data portal (https://portal.karandaaz.com.pk/) to include enterprise credit information for more than 70 sub-sectors in Pakistan. The lending data will also be dis-aggregated by geography at…
Adil Aziz
PTCL works with Vodafone to introduce end to end IoT Solutions in Pakistan
Pakistan Telecommunication Company Limited (PTCL) and Vodafone have agreed to cooperate to bring Vodafone’s industry leading IoT products, services and solutions to the Pakistani market. PTCL and Vodafone will collaborate to develop and deliver a full suite of end-to-end IoT services aimed towards accelerating enterprise digital enablement and improving adoption of connected services in Pakistani…
VEON’s Mobilink Bank Becomes First Microfinance Bank Globally to Join the GSMA Connected Women Commitment Initiative
Mobilink Bank Signs GSMA Commitment to Address the Mobile Gender Gap VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces that Mobilink Microfinance Bank Ltd. (MMBL), its banking operation in Pakistan, has signed up to the GSMA’s Connected Women Commitment Initiative, becoming the first…
Pakistan’s central bank raises key policy rate by 300 bps to highest level since 1996
The State Bank of Pakistan on Thursday raised the key policy rate by 300 bps to 20% as the country battles the highest inflation rate in nearly 50 years. Pakistan’s consumer price index (CPI) jumped 31.5% in February year-on-year, the statistics bureau said on Wednesday, the highest annual rate in nearly 50 years, as food,…
PTA with Azerbaijan under discussion to boost bilateral trade: Pakistan envoy
Ambassador of Pakistan in Baku Bilal Hayee expressed the hope that the Pakistan-Azerbaijan trade would get a boost from current $30 million after both the countries signed Preferential Trade Agreement (PTA) which was currently under discussion. The ambassador said at Baku Congress Hall – the venue of Non-Aligned Movement Contact Group’s summit on fighting against…
Services’ trade deficit shrinks by 88.97% as exports grow by 6.39%
The country’s merchandise trade deficit witnessed a decline of 33.18 percent during the first 8 months of FY 2022-23, PBS reported The services trade deficit narrowed by 88.97 per cent as exports witnessed a growth of 6.39 per cent during the first seven months of the current fiscal year as compared to the corresponding period…
Amin, Julian Gorman for collaborations in IT sector
Minister for Information Technology and Telecommunication Syed Amin Ul Haque has met with Groupe Speciale Mobile Association (GSMA) Asia Pacific leadership headed by Julian Gorman in Barcelona. The agenda of the meeting was to align policy priorities for 2023 and future collaborations between both parties. Syed Amin Ul Haque is in Barcelona to attend the…
Ufone 4G launches Super Card 899 for Nonstop Connectivity and Unlimited Calls
Pakistani telecom company, Ufone 4G is proud to announce the launch of ‘Super Card 899’, a new addition to its Super Card portfolio that aims to bring more value, ease, and enablement to its users. The new super card provides customers with an all-in-one offer that includes 20GB of internet, 450 off-net minutes, and unlimited…
ADB closely working with Pakistan on economic challenges
A delegation of Executive Directors of the Asian Development Bank (ADB) of Japan, China and South Korea called on Prime Minister Shehbaz Sharif here Tuesday and renewed ADB’s resolve to continue working closely with Pakistan in addressing its economic challenges. The prime minister lauded ADB’s longstanding association with Pakistan and for being a reliable partner…
Almoiz Group bags six prestigious awards at the NFEH Annual CSR Summit 2023
Almoiz Group of Industries, a leading conglomerate with diversified businesses in sugar, steel, power, food, and animal feed, has recently won six awards at the National Forum on Environment and Health (NFEH) Annual CSR Summit 2023. The event took place at Serena Hotel, Islamabad, and was attended by representatives of various industries that have excelled…