Author: yasir

Barrister Haya Emaan Zahid, Chief Executive Officer of the Legal Aid Society (LAS), has been recognized at the prestigious PILNET 2024 Global Awards in Bangkok, Thailand, where she was bestowed with the Global Pro Bono Publico Award. This esteemed accolade highlights her outstanding contributions in strengthening public-private partnerships and advancing critical legal aid services for marginalized communities, particularly prisoners, and legal empowerment programs across Pakistan. Under Barrister Haya Zahid’s leadership, the Legal Aid Society has emerged, working tirelessly to provide vital legal assistance to those unable to afford representation. Through innovative programs, LAS has successfully empowered prisoners and vulnerable individuals,…

The Department of Commerce of Shandong Province (China) recently hosted the China (Shandong)-Pakistan Economic and Trade Matchmaking Conference to strengthen exchanges and cooperation between the two sides in trade cooperation, technology transfer, investment, and factory construction. The matchmaking conference was held on the sidelines of the recently held Pakistan Industrial Exhibition where representatives from over 40 enterprises in Shandong Province and more than 100 Pakistani business people gathered together to engage in in-depth discussions on multiple topics. The atmosphere at the matchmaking conference was lively, and representatives from both companies actively communicated and sought opportunities for cooperation. Representatives of enterprises…

Meezan Bank, Pakistan’s leading Islamic bank, has entered into a strategic alliance with CashNow, Pakistan’s pioneering supply chain finance platform, to revolutionize Shariah-compliant supply chain finance. A Memorandum of Understanding (MoU) was signed at Meezan Bank’s Head Office in the presence of senior management from both organizations. This partnership, the first of its kind in Pakistan, enables CashNow—a cutting-edge fintech platform—to power a fully integrated digital Islamic supply chain finance solution for suppliers, developed in collaboration with Meezan Bank. Through this initiative, Meezan Bank’s customers will gain access to digitally streamlined Shariah-compliant financing. Under the terms of this MoU, Meezan…

Meta connected with content creators in Karachi through various engagements starting with an event that brought together around 40 creators from across Pakistan. Throughout the week, Meta worked with popular creators like Food Fusion, Samosiii and Osamah Nasir and collaborated on content creation. Revie Sylviana, Meta’s Director of Global Partnerships for South and Southeast Asia, said, “We’re thrilled to see Pakistani creators using Meta platforms in innovative ways to build and grow their communities. While we don’t have a local representative specifically dedicated to supporting accounts of content creators in Pakistan, our global teams are committed to providing the necessary…

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…