Meezan Bank Launches Meezan Exchange to Expand Forex Services Nationwide
Meezan Bank, Pakistan’s foremost Islamic bank, has inaugurated its wholly-owned subsidiary, Meezan Exchange Company Limited (MECL), in Karachi. This initiative…
Pakistan Eyes Cashless Eid al-Adha with State Bank’s QR Code Payment System
The State Bank of Pakistan (SBP) is gearing up for Eid al-Adha by introducing a QR code payment system through…
HBL Equips Businesses with Economic Insights at “Global Markets Outlook 2024” Seminars
Pakistan’s leading bank, HBL, recently hosted a series of “Global Markets Outlook 2024” seminars in Karachi, Lahore, and Islamabad. These…
Faysal Bank Expands in Multan with New Regional Office and Flagship Branch
Faysal Bank Limited (FBL), Pakistan’s fast-growing Islamic bank, inaugurated its new Multan Regional Head Office building and a flagship branch…
Meezan Bank and IBA-CEIF Host Graduation Ceremony for Meezan Justuju Islamic Finance Talent Program
Today, the Institute of Business Administration (IBA) in Karachi witnessed the culmination of the prestigious Meezan Justuju Islamic Finance Talent…
Pakistan’s Foreign Reserves Inch Up Slightly, Remain Precariously Close to $9 Billion
The State Bank of Pakistan’s (SBP) foreign exchange reserves edged up by a narrow $22 million on a weekly basis,…
Raqami Islamic Digital Bank Partners with 1LINK to Revolutionize Shariah-Compliant Digital Finance
Raqami Islamic Digital Bank Ltd. (RIDBL), a frontrunner vying for Pakistan’s first digital retail bank license, has joined forces with…
Mashreq Pakistan Taps PTCL for Data Center Expertise in Digital Banking Push
Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a subsidiary of the leading MENA financial institution Mashreq, have signed an…
Government Launches $78 Million World Bank Digital Economy Project with Dedicated Management Units
In a major move towards advancing the Digital Pakistan agenda, the Ministry of Information Technology (MoIT) has established a Project…
World Bank Praises Pakistan’s Quarterly GDP Data Rollout as Key Economic Milestone
The World Bank has lauded Pakistan’s recent release of its quarterly national accounts in November as a significant milestone in…