Engro Corporation and its subsidiaries Engro Fertilizers, Engro Polymer & Chemicals, and Engro Powergen Qadirpur, were presented the prestigious Pakistan Stock Exchange Top 25 Companies awards by the caretaker Honourable Prime Minister Mr. Anwaar ul Haq Kakar at a ceremony held in Karachi. Chairman Engro Corporation Hussain Dawood, who was invited to address the distinguished…
ABHI, an embedded finance platform, providing innovative finance solutions to businesses and their employees, has been selected as one of the Future 100 companies in the UAE. Future100, an initiative by the Ministry of Economy and the Government Development and the Future Office aimed at spotlighting the top 100 startups contributing to the nation’s readiness…
Zood, a leading digital lending platform for e-commerce in the Middle East and Central Asia, announced today that its waitlist for ZoodCard is now open to all Pakistan consumers. Powered by Mastercard, ZoodCard is Pakistan’s first Buy-Now-Pay-Later (BNPL) card that will allow consumers to convert their purchases into four interest-free installments securely, conveniently, and with no fees, both online…
Pak-Qatar Family Takaful and Instaful Solutions have entered into a strategic partnership to introduce Inclusive BancaTakaful, a first-of-its-kind initiative in the country. BancaTakaful, an innovative distribution model, involves offering Takaful products to bank customers, primarily to depositors. Unlike traditional BancaTakaful which typically targets a subgroup of wealthier individuals with higher deposit amounts, this new initiative…
United Bank Limited (UBL) was presented with the Pakistan Stock Exchange’s (PSX) ‘Top Companies of the Year’ award for 2022 in Karachi recently. On receiving the award, Muhammad Jawaid Iqbal, President & CEO UBL, said, “UBL is honoured to be recognized as one of Pakistan’s top companies for 2022. This achievement is a testament to…
The Overseas Investors Chamber of Commerce & Industry (OICCI) demonstrated its commitment to driving meaningful climate action at COP28 by hosting a pivotal high-level dialogue in collaboration with the Ministry of Climate Change (MoCC). Nestled within the exclusive Blue Zone of the Pakistan pavilion in Expo City Dubai, the dialogue, themed ‘Decarbonization and the Role…
Meezan Bank, a pioneer in Islamic banking, acted as lead Joint Financial Advisor in the groundbreaking listed Ijarah Sukuk Issuance for the Government of Pakistan (GoP). This is the first listed GoP Ijarah Sukuk issued through the Pakistan Stock Exchange (PSX), allowing retail investors access to Shariah-compliant government securities in the denomination of PKR 5000/-….
Meezan Bank, Pakistan’s leading Islamic bank, has recently formalized an agreement with Befiler to enhance the tax facilitation services available to freelancers. This collaboration aims to provide Meezan Freelancer Account holders, including those with Meezan Digi Freelancer Accounts, access to discounted rates on a suite of tax-related services offered by Befiler, a prominent player in…
Aimed at streamlining finance operations and reforming third-party risk management for Pakistani businesses, Dun & Bradstreet has announced two revolutionary solutions- D&B Finance Analytics and D&B Risk Analytics. The two flagship AI-enabled solutions are powered by the D&B Data Cloud which comprises 520 million+ data records and contains key insights on 340 million+ shareholders. The…
The FIA has issued a notice against the owners of Singapore based construction company Meinhardt declaring Chairman Meinhardt Shahzad Naseem and CEO Omar Shahzad as absconders, appealing to the public to provide information regarding the accused to the FIA Commercial Banking Circle. In this regard, the FIA has posted notices of the accused being wanted…
