JazzCash & Mobilink Bank Named Finalists for the Prestigious GLOMO Awards 2025
Pakistan’s largest fintech services provider, JazzCash, and the country’s leading digital microfinance bank, Mobilink Bank, have been nominated for prestigious awards at the Global Mobile (GLOMO) Awards 2025. The winners will be announced at the upcoming Mobile World Congress (MWC) 2025 event. JazzCash earned its GLOMO 2025 nomination in the ‘Best Fintech Innovation’ category for…
Editor
Pakistan’s EV Sector Accelerates with BYD’s Market Entry
Pakistan has welcomed its first commercial shipment of Build Your Dreams (BYD) electric vehicles at Karachi Port Trust (KPT).
HBL Microfinance Bank and IFC Finalize $80 Million Risk Sharing Agreement
HBL Microfinance Bank (HBL MfB) has signed a US$ 80 million Risk Sharing Agreement (RSA or the facility) with the International Finance Corporation (IFC), a member of the World Bank Group.
Mehfooz
PBA to Host Pakistan Banking Summit 2025 on February 24
The Pakistan Banks Association (PBA) proudly announces the launch of the Pakistan Banking Summit 2025 (PBS’25), a groundbreaking industry-led initiative aimed at driving financial advancement and innovation. Set to take place on February 24-25, 2025, in Karachi.
Adil Aziz
Finance minister for promoting innovation in insurance sector
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, stressed the need of adopting digital technology and promoting innovation in the insurance sector to cater the needs of the growing population of the country.
FBR to Enhance Monitoring of Bank Transactions Exceeding Declared Income
The Federal Board of Revenue (FBR) has announced plans to closely monitor bank transactions that exceed individuals’ declared income to strengthen tax compliance and curb financial irregularities.
RDA inflows rise to $9.564 Billion in Jan 2025
The inflow of remittances under Roshan Digital Account (RDA) has risen to US $9.564 billion by the end of January 2025 as compared to US $9.342 billion by December (2024) end.
Saudi Fast-Food Chain Albaik to Expand Operations in Pakistan
A major highlight of the visit was Minister Jam Kamal Khan’s meeting with Albaik owner Rami Abu Ghazala. The Minister was given a tour of Albaik’s operations, where he met Pakistani employees working at the fast-food giant.
BYD Continues Its Commitment to Climate Action
Sustaining the momentum of its global commitment to environmental sustainability, BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, is strengthening its efforts to combat climate change by supporting initiatives like “Breathe Pakistan”.
Task Force Recommends Policy Changes to Stimulate Growth in Real Estate and Construction Sectors
The government has finalized a comprehensive set of proposals aimed at reviving Pakistan’s real estate and construction sectors. These initiatives are designed to stimulate investment and create employment opportunities, thereby giving a significant boost to the economy.