

China’s Alibaba to Break Up Empire into Six Units as Jack Ma Returns Home
Alibaba Group is planning to split into six units and explore fundraisings or listings for most of them, it said…

Bank of America’s Financial Planning App Draws $55 billion over Two-Plus Years
Bank of America Corp’s digital personal finance tool, Life Plan, has attracted more than $55 billion in new money since…

Chinese, Pakistani Scientists Join Hands to Combat Citrus Diseases, Insect and Pests
Chinese and Pakistani scientists are collaborating to develop biological control measures to enhance the quality and quantity of citrus fruits…

Efforts on to Put Economy Back-on-Track of Sustainable Growth
Minister for Finance and Revenue Senator Muhammed Ishaq Dar has said that the government is making all possible efforts to…

829,549 Immigrants Registered for Overseas Employment during 2022
Parliamentary Secretary for Overseas Pakistani and Human Resource Development Syed Agha Rafiullah on March 29, 2023, informed the National Assembly…

EU Removes Pakistan From List of ‘High-Risk Third Countries’
The European Union (EU) authorities have removed Pakistan from the list of ‘High-Risk Third Countries’ that had strategic deficiencies in…

Meezan Bank, PaySa Partner to Expand POS Services
Meezan Bank, Pakistan’s leading Islamic bank and PaySa, a fintech startup specializing in digital payments, have partnered to enable point-of-sale…

UAE Company Keen to Promote Financial Inclusion of SMEs in Pakistan
A delegation of UAE-based company InvoiceMate visited Islamabad Chamber of Commerce and Industry to introduce their invoice management system on…

SAMA Permits Buy Now, Pay Later Company
The Saudi Central Bank (SAMA) granted ‘MIS Forward’ a permit to carry out Buy Now Pay Later (BNPL) solution pursuant…

SAMA Licenses Finance Aggregation Service Provider
The Saudi Central Bank (SAMA) granted “Creative Future for Digital Brokerage” a license to carry out finance aggregation services pursuant…