Author: yasir

Last night, Spotify released its Q3 2024 earnings, continuing to showcase its strong performance as the most popular audio streaming subscription service. For the quarter ended in September 2024, Spotify’s monthly active users grew 11% Y/Y to 640 million. At the same time, the number of subscribers overall also climbed 12% Y/Y to 252 million depicting brand love and discovery among music listeners across the world. Spotify’s financial performance continues to hold steady as well during the year with total revenue going up 19% Y/Y to €4 billion. The platform reported record-high gross margin, expanding to reach 31.1%, while Gross…

The Legal Aid Society (LAS) and Sehat Kahani under Community Innovation Hub (Private) Limited have partnered to address the mental health needs of individuals navigating the justice system. This partnership, formalized through a Memorandum of Understanding (MoU) signed at the LAS Head Office in Karachi, represents a key step in integrating psychological support with legal assistance to support people facing the challenges of mediation, arbitration, criminal cases including Gender-based violence and other legal proceedings. This collaboration underscores the importance of accessible mental health and psychosocial services as a vital part of effective legal support. By combining LAS’s expertise in legal…

In a groundbreakingdevelopment, Abhi Private Limited and TPL Corp Limited have receivedapproval from the State Bank of Pakistan to jointly purchase FINCAMicrofinance Bank Limited.The strategic alliance between Abhi and TPL Corp aims to reshapefinancial inclusion efforts across Pakistan by combining FINCA’sextensive microfinance network and expertise with Abhi’s innovativedigital solutions and TPL Corp’s presence in retail, insurance andtechnology sectors. By bringing together these complementarystrengths, the partnership is set to diversify and expand access tofinancial products and services that cater to underserved communities,including rural populations, small businesses, and lower-incomeindividuals.Over the last decade, FINCA Pakistan has empowered millions ofPakistani families through lending, savings,…

(AKUH) has announced the successful implementation of 3D-printed PEEK implants, meticulously designed and manufactured by AKUH’s experts. This transformative leap in medical innovation aims to improve healthcare access, affordability, and outcomes for patients needing complex bone replacement surgeries in Pakistan. 3D-printed PEEK implants are high-performance, customized devices that can replace bones in various parts of the body, including the skull, jaw, and spine. These implants stand out due to their strength, lightweight nature, and compatibility with the human body, which reduce the risk of infection and improve long-term success rates. By offering a cost-effective, high-quality option, designed and manufactured in-house,…

Faysal Funds, Pakistan’s first fully Shariah-compliant asset management company, participated in the Pakistan Startup Summit, powered by the Securities and Exchange Commission of Pakistan (SECP). This event, focused on empowering the country’s startup ecosystem, was an important platform to connect entrepreneurs with the industry leaders and investors. The summit brought together key stakeholders, including senior officials from the SECP, business leaders, and seasoned professionals, to share insights, develop partnerships, and inspire innovation in Pakistan’s growing startup sector. Faysal Funds, with its growth-oriented financial solutions, aims at supporting the evolving needs of entrepreneurs and startups. By participating in events like the…

Dubai’s iconic Dubai Shopping Festival (DSF) is back for its 30th anniversary, running from December 6, 2024, to January 12, 2025. This year promises to be the biggest celebration yet, transforming the city into an action-packed hub of shopping, entertainment, and food. The festival kicks off with live concerts, unique experiences, and nonstop events all across Dubai. Expect performances by global stars, epic New Year’s Eve fireworks, and exclusive shopping deals from over 800 brands. Plus, enjoy nightly fireworks, drone shows, and exciting raffles. This DSF is set to make Dubai the ultimate winter hotspot! Anniversary Celebrations Kick off DSF’s…

After making waves in the drama Khaie, young heartthrob, Shuja Asad is set to lead the last of the 8 episoder serial produced by Sultana Siddiqi herself, titled ‘Tan Man Neel-o-Neel’ – alongside Sehar Khan. Fans are particularly excited to see him in a fresh, young pairing with Sehar Khan, as the duo brings a new dynamic to our screen. Directed by Saifi Hassan and written by Mustafa Afridi, the serial focuses on the mental health and hobbies of today’s youth, presenting a light-hearted take on the issues faced by young people. Shuja Asad will be seen in Qasim Ali…

Zong proudly celebrates a significant milestone in its journey of digital innovation as the company achieves a remarkable 7 billion recharge from its Alternate Channels. This achievement is a testament to the continued dedication, strategic vision, and growth of Zong’s digital initiatives over the years. Alternate Channels are secondary & tertiary recharge platforms like Banking apps, FinTech apps and websites etc. Team Zong celebrated this milestone at Zong HQ, inaugurated by Mr. Wasi Ansari, Director Sales & Distribution. Zong’s C level Leadership, Directors, and HOD were presented insights on the journey of the Alternate Channel transformation, which was launched in…

Bank Alfalah, announced the relaunch of AlfaMall, the bank’s premier e-commerce platform and the country’s largest formal Buy Now, Pay Later (BNPL) marketplace, now featuring an exclusive BNPL option in the fashion category. Marking the occasion, an exclusive exhibit featuring renowned designers was held at the historic Mohatta Palace, unveiling the new AlfaMall website with a celebration of style, financial empowerment, and digital innovation. The event was hosted by Bank Alfalah’s Senior Management and was graced by the presence of Senator Rubina Khalid, Chairperson of the BISP, Consul Generals from the UAE, US and UK Embassy, CEOs from leading companies,…

OPPO, a global leader in smartphone devices, is thrilled to announce its consumer-focused OFans Festival, offering unmissable discounts and heartfelt surprises for OPPO fans. This 11.11, OPPO is giving back to its community with a generous PKR 10,000 discount on the Reno12 F 4G, making this the perfect moment for loyal fans to upgrade. During the OFans Festival, the Reno12 F 4G will be available at an exclusive price of PKR 59,999 (down from PKR 69,999). The event is a part of OPPO’s commitment to putting its fans first by providing not only excellent deals but also a personalized experience…