Author: yasir

Mobilink Bank, Pakistan’s leading digital microfinance institution, was celebrated with multiple prestigious awards at VEON Ignite 2024. This annual gathering brings together over 200 global leaders from VEON’s extensive network, focusing on driving digital innovation and future strategies. Mobilink Bank’s accomplishments in digital financial services, community investment, and Diversity, Equity, and Inclusion (DEI) highlight its continued efforts to redefine financial accessibility in Pakistan. Haaris Mahmood Chaudhary, Interim CEO Mobilink Bank, expressed his pride in this achievement, stating, “The Financial Services Award signifies our vision of a connected and inclusive financial ecosystem, where everyone can access essential services at any time.…

Garaj, Pakistan’s leading cloud services and cybersecurity solutions provider by Jazz, has partnered with Standard Chartered Bank to create a regional availability zone in Pakistan. This strategic initiative will enhance Standard Chartered’s operational resilience and customer experience across multiple countries, reinforcing its commitment to digital transformation and streamlined global data center operations. Through Garaj’s advanced infrastructure, Standard Chartered will host its core IT and banking systems within Pakistan, ensuring high availability and secure data handling that meets stringent TIA-942 global protocols. The setup will leverage Garaj’s Rated-3 facilities to support the Bank’s operations with robust systems, providing business continuity in…

Aga Khan University’s Dr Zafar Fatmi has co-authored a new paper published in the Lancet Planetary Health, highlighting the urgent need to eliminate lead from the global economy. The study, led by Stanford University and co-authored by experts from renowned institutions including AKU, Johns Hopkins Bloomberg School of Public Health, University of Southern California, and the Centre Scientifique de Monaco, presents compelling evidence for a swift global phaseout of lead. “Why do we allow trillions of dollars of damage to human health, entire ecosystems, and the global economy to accrue for the sake of $100 billion in benefits?” asks…

Unilever’s ‘Sustainability Accelerated’ strategy targets immediate action on climate, livelihoods, and innovation Unilever Pakistan launched its ambitious and refocused strategy, ‘Sustainability Accelerated’, aimed at driving accelerated action on sustainability, focused on climate action, plastics circularity, nature regeneration and better livelihoods. For over two decades, Unilever has been at the forefront of sustainability efforts, which have made the company stronger and more resilient. With the introduction of Sustainability Accelerated, Unilever is entering the third era, where business growth is closely tied to responsible environmental and social practices. The event, hosted at the Unilever Pakistan Head Office, brought together key stakeholders, government…

InfraZamin is pleased to announce a partnership with Sundridge Foods Limited in launching a PKR 2 billion Agri-Infrastructure Sukuk. This Shariah-compliant financing instrument will be issued by Sunridge Foods Limited, a subsidiary of Unity Foods Limited. InfraZamin Pakistan, with a long-term credit rating of AAA, provides an additional layer of security for investors participating in the Sukuk. The Sukuk will be fully principle protected with InfraZamin’s Guarantee. The proceeds raised through the Sukuk will fund Sunridge Foods’ Balancing, Modernization, and Replacement (BMR) initiatives, which aim to modernize production facilities with sustainable, high-efficiency technologies. Notably, the BMR also includes installation of…

TCL, Pakistan’s No. 1 LED TV brand is thrilled to announce its highly anticipated Daraz 11.11 Sale, offering Pakistan’s biggest discounts of the year. From November 11 to November 21, customers can enjoy huge savings of up to Rs. 36,000 on a wide range of TCL and IFFALCON products, along with exclusive vouchers and bank discounts that bring even more value. This exciting event promises limited-time offers, including the iFFALCON S53, U62, and U64 series, as well as the TCL S5400 and V6B series, with savings of up to Rs. 17,000! In addition to these incredible discounts, customers can also…

Panelists discuss the need for green financing to strengthen private sector climate action in Pakistan As Pakistan confronts the pressing challenges of climate change, the Overseas Investors Chamber of Commerce and Industry (OICCI) organized a high-level dialogue at the 27th Sustainable Development Conference to foster private sector-led solutions for green financing and climate resilience. The Pre-COP29 Policy Dialogue, held in Islamabad, brought together leaders from the private sector, government, and international organizations to address the role of corporate investment in advancing Pakistan’s climate goals. Highlighting the private sector’s role in climate action, OICCI Senior Vice President & Nestlé Pakistan CEO…

A delegation from JazzCash, Pakistan’s largest fintech platform, facilitated a consultative session chaired by Governor Khyber Pakhtunkhwa Faisal Karim Kundi, with public sector universities on the digitalization and transition to cash-free financial operations at the Governor House KP. The meeting was attended by senior officials from JazzCash, including President Murtaza Ali, along with registrars and finance officers from various public sector universities in the province. JazzCash representatives provided a comprehensive briefing on the nationwide initiative to foster a cashless society, underscoring the convenience, security, and transparency of digital transactions. JazzCash officials discussed the integration of university financial processes, such as…

Durability is a crucial consideration for many consumers when purchasing a phone. As smartphones have become integral to our daily lives, people increasingly seek devices that can withstand the demands and wear of everyday use. A durable phone offers reliability, reduces the need for frequent repairs, and ensures a longer lifespan, providing greater value for money. Whether it’s protection against accidental drops, resistance to water, or the overall build quality, durability plays a key role in influencing buying decisions, as it directly impacts the phone’s usability and longevity. The newly launched TECNO SPARK 30C is designed with durability as a…

Meezan Bank, Pakistan’s leading Islamic bank has signed a new strategic partnership with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, under the ITFC Letter of Credit (LC) Confirmation product. This product facilitates trade flow by allowing exporters and issuing banks to gain assurance from ITFC to secure payment and thus eliminate credit risks. It will support private sector clients, including SMEs, by working with local banks in Organisation of Islamic Cooperation (OIC) member countries to facilitate various import transactions. The agreement was signed by Nazeem Noordali, Chief Operating Officer of ITFC,…