Business

ISLAMABAD: PTCL Group, Pakistan’s leading ICT services provider, has announced the appointment of Tooran Asif as the new President & Chief Executive Officer (CEO) of U Microfinance Bank Limited (UBank). With over three decades of experience in digital and retail banking, Tooran Asif is set to lead UBank into a...

KARACHI: As the excitement for the ICC Champions Trophy reached its peak, inDrive, the world’s second most downloaded app, brought together cricket, culture, and art in a unique and vibrant celebration. On February 23, 2025, inDrive hosted a breathtaking Rickshaw Rally, featuring the stunning cultural artwork of renowned artist Wasfa...

KARACHI: The State Bank of Pakistan (SBP) has announced the schedule for its Monetary Policy Committee (MPC) meetings for the first half of 2025, in an effort to enhance the predictability and transparency of its monetary policy formulation process. This half-yearly schedule announcement, released on a rolling basis, provides a clear...

ISLAMABAD: Pakistan International Airlines (PIA) marked a significant milestone on Friday as it resumed flight operations to Europe after a hiatus of four and a half years. The departure of flight PK-749 from Islamabad International Airport to Paris signified the airline's re-entry into European airspace, carrying 300 passengers, including PIA's acting...

Pakistan Telecommunication Company Limited (PTCL), the country’s leading ICT services provider, has partnered with GBM Pakistan and IBM to modernize IT infrastructure. This strategic partnership strives to boost PTCL’s operational efficiency while establishing a foundation for cutting-edge innovations and a comprehensive upgrade of Enterprise Systems. The initiative involves deployment of...

Meezan Bank, Pakistan’s leading Islamic bank, and Arif Habib Limited, a leader in investment banking, have recently partnered to enhance the investor experience in Pakistan. The collaboration is marked by a Memorandum of Understanding (MoU) and the launch of an innovative Instant Top-up Service for investors. Mr. Shahid Ali Habib,...

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Meezan Bank has issued a 'Customer Advisory' statement on its social media platforms, categorically denying rumors of a data breach. The bank described these claims as entirely baseless. In the statement, Meezan Bank assured customers that their data is fully secure and that no security issues have occurred. Despite this,...

Several Meezan Bank debit card holders have reported unauthorized transactions being made using their cards, specifically for Facebook ads. Shockingly, many of these individuals claim they have never used their debit cards for online transactions, raising concerns about potential security breaches. One alarming case involves a Meezan Bank customer who...

Ufone 4G, a leading Pakistani telecommunications service provider, has partnered with Jubilee Insurance, a renowned insurance company, to launch JGI Insurance Products for Ufone 4G customers. The signing ceremony took place at PTCL Group Headquarters in Islamabad. Through this collaboration, Jubilee Insurance will offer two tailored insurance plans to Ufone...

The price of gold in the local Sarafa (bullion) market has dropped by Rs. 5,000 per tola, bringing it down to Rs. 277,800. Similarly, the price of 10 grams of gold decreased by Rs. 4,286, now standing at Rs. 238,169. This decline is also reflected in the global market, where...

Meezan Bank, Pakistan’s premier Islamic bank, has officially announced an increase in fund transfer and ATM withdrawal limits for all debit cardholders. These new limits have been communicated via SMS and across social media platforms to ensure all clients are informed. Here’s a summary of the new limits for various...