Author: yasir

New platform brings together cyber and payments intelligence to help institutions detect threats earlier and reduce downstream fraud risk. Visa (NYSE: V) today announced the launch of the Visa Threat Intelligence Platform (VTIP), a new solution that helps financial institutions detect and respond to cyber threats that can lead to fraud and financial loss, leveraging the same cybersecurity capabilities Visa uses to protect its own global network. Fraud is widely recognized as a downstream outcome of earlier cyber incidents, often beginning with data compromise, credential theft, or system exploitation well before a transaction is initiated. Cyberattacks that expose payment credentials…

ABHI Microfinance Bank is proud to announce that it has received the Phoenix Award at Mobile Commerce 2026, one of Pakistan’s leading platforms for digital commerce, payments, and financial technology. The award recognizes ABHI Microfinance Bank’s transformation into a stronger, more resilient, and future-ready financial institution. It marks an important milestone in the Bank’s journey and reflects its continued focus on strengthening the business, expanding digital capabilities, and building a more inclusive financial ecosystem for individuals, entrepreneurs, SMEs, and communities across Pakistan. The award was received by Sultan Zaidi, Chief Marketing Officer, ABHI Microfinance Bank, on behalf of the Bank.…

inDrive, the global mobility and urban services platform, has announced an initiative to deliver high-impact STEM (Science, Technology, Engineering, and Mathematics) education, coding, and Artificial Intelligence (AI) training to school-age children and youth across Pakistan. The student intake for the upcoming program is strategically designed to uplift the gig economy ecosystem, with 80% of the seats reserved exclusively for drivers’ children, and the remaining 20% dedicated to children from marginalised local communities, split across three distinct age groups. The program model arrives in Pakistan following a highly successful pilot framework in Egypt. In an innovative twist that connects everyday commuting…

Telenor Pakistan will formally amalgamate into Pak Telecom Mobile Limited PTML (Ufone 5G) with effect from July 2026, marking the completion of one of the most significant transactions in the country’s telecommunications history. The amalgamation follows the receipt of the final statutory approval from the Islamabad High Court, which brought to close a comprehensive regulatory process spanning multiple regulatory and statutory institutions. From here on, Telenor Pakistan will cease to exist as a separate legal entity. With this development, Telenor Pakistan’s operations, network infrastructure, and customer base will be fully integrated into PTML (Ufone 5G), creating a combined entity with…

CARE Pakistan brought together senior leaders from the Ministry of Climate Change and Environmental Coordination (MoCC&EC), leading corporations and the private sector, international development partners, financial institutions, and civil society at its flagship “Partners for Impact: Building Pakistan’s Future Together”, on 29th June 2026 in Islamabad to strengthen collaboration on Pakistan’s most pressing development priorities: climate resilience and women’s economic empowerment.The event provided a platform for dialogue and collaboration, highlighting the critical role that partnerships play in addressing complex development challenges. Participants explored how collective action, innovation, financing, and private sector engagement can accelerate sustainable solutions for vulnerable communities across…

The Pak International Business Forum (PIBF) has expressed serious concern over the Punjab government’s policy permitting the export of live animals, stating that such a practice undermines Pakistan’s meat processing industry, reduces value addition, and deprives the country of much-needed export earnings and employment opportunities. PIBF President Dr. Mushtaq Mangat said that Pakistan possesses one of the largest livestock populations in the region and should focus on exporting processed and value-added halal meat instead of live animals. He said the export of processed meat not only generates higher foreign exchange but also creates jobs across the value chain, including livestock…

The general public subscription for the Initial Public Offering of Select Technologies Limited, a wholly owned subsidiary of Air Link Communication Limited, will open on July 2 and continue till July 3, 2026 till 11:59 pm, following the successful completion of its book-building process. The Company is offering a total of 88.88 million ordinary shares, representing 10% of its post-IPO paid-up capital. Of the total offer, 66.66 million shares (75%) were allocated to the book-building phase, which was fully subscribed at a strike price of Rs34 per share, reflecting strong demand from high-net-worth individuals and institutional investors. Following the successful…

Supernet Technologies Limited has been awarded a contract valued at approximately PKR 1 billion for the provision of hardware and services to a leading organization in Pakistan. According to the company’s material information shared with the Pakistan Stock Exchange, the project will involve the enhancement and modernization of critical communications infrastructure and is expected to be executed during FY 2026–27. The contract is anticipated to make a meaningful contribution to Supernet Technologies’ revenue growth and profitability over the project period. The award reflects Supernet’s growing position in Pakistan’s technology and communications infrastructure market, where demand for secure, reliable and modern…

Mega Motor Company (MMC), the official partner of BYD in Pakistan, has delivered an additional fleet of BYD electric vehicles to Islamabad Capital Police and Islamabad Traffic Police, building on the departments’ earlier adoption of EVs as part of their fleet electrification programme. This expansion further supports the Capital’s sustainability objectives and reinforces its position as a pioneer in the adoption of electric mobility within Pakistan’s public sector. On this occasion, senior leadership of BYD from China led by Mr. Liu Xueliang – Vice President of BYD Company Limited, General Manager of BYD Asia-Pacific Auto Sales Division, Mr. Ketsu Zhang…

Emirates has once again been honoured at the 2026 Business Traveller Middle East (BTME) Awards, securing the industry’s most coveted accolade—Best Airline Worldwide—alongside Best First Class and Best Airport Lounge in the Middle East for its First Class Lounge at Dubai International Airport.The long-running Business Traveller Middle East Awards are among the region’s most respected travel industry honours, recognising excellence across the business travel sector, with winners determined through nominations and votes cast by Business Traveller Middle East readers. Emirates’ Deputy President and Chief Commercial Officer, Adnan Kazim, accepted the awards on behalf of the airline.The wins reflect Emirates’ commitment…