Bank of AJK Board of Directors decides to start Islamic Banking, set up Microfinance Bank as financial subsidiary of BAJK, Islamic Banking Division established Approves half-yearly accounts in the 60th meeting of the Board of Directors held under the chairmanship of Finance Minister, Chairman Bank Khan Abdul Majid Khan MuzaffarabadRead More →

ISLAMABAD ( Web News ) Irfan Nawaz Memon, Deputy Commissioner, Islamabad said that the business community is the key stakeholder in the economic development of the country and assured that he would take all possible measures to resolve their  key issues. He said that a Committee would be formed toRead More →

Kuala Lumpur/Singapore Axiata Group Berhad (“Axiata”), Telenor Asia Pte Ltd (“Telenor”) and Digi.com Berhad (“Digi”) announced the completion of the merger of the telco operations of Celcom Axiata Berhad (“Celcom”) and Digi (together “Celcom Digi”).  With this, Axiata and Telenor (together “Parties) will both hold equal ownership in Celcom DigiRead More →

Telenor Microfinance Bank announces USD 15 million Equity Injection from Shareholders ISLAMABAD ( Web News ) Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital payments platform Easypaisa, has received US$ 15 million (PKR 3.4 billion) equity injection from its shareholders Telenor Group and Ant Group. This is the firstRead More →

       Pakistan can be interest-free in 5 years: Ishaq Dar In joint resolution, govt asked to take concrete steps to implement FSC verdict. Dar reiterates an Islamic banking system is possible in the country. SBP chief says central bank has activated a high-level working group in this regard.Read More →

ISLAMABAD ( Web News ) Pakistan Telecommunication Authority (PTA), in collaboration with UNESCO Pakistan, hosted a consultative workshop in Peshawar for the development of digital gender inclusion strategy. The workshop, held at PTA’s Peshawar Zonal Office, was the first of a series of five consultative workshops being organized to collectRead More →

ILO recognizes MMBL’s WIN program as a Best Practice Case Study in Gender Equality and Women Empowerment ISLAMABAD ( Web News ) Pakistan’s largest digital bank, Mobilink Microfinance Bank’s (MMBL) flagship women empowerment program, ‘Women Inspirational Network (WIN)’ has been recognized at the Women Empowerment Conference held in Karachi –Read More →

CFRD donates RMB 740,000 for flood relief assistance to FPCCI ISLAMABAD ( Web News ) Mr. Irfan Iqbal Sheikh, President Federation of Pakistan Chambers of Commerce and Industry, Mr. Amin Ullah Baig, Vice President FPCCI & Incharge Capital Office, Mirza Abdul Rehman, Chairman Coordination FPCCI, Mr. Qurban Ali, Former ViceRead More →

UNITED NATIONS ( Web News ) A Pakistani diplomat told a briefing session at the United Nations that the work of the UN Security Council’s 1267 al-Qaeda sanctions committee has been politicized by a Council’s non-permanent member — a reference to India — as he said it blocked efforts toRead More →

ISLAMABAD ( Web News ) Chairman PTA, Maj. Gen. Amir Azeem Bajwa (R) held a meeting with the Interim Chairman of Malaysian Communications and Multimedia Commission (MCMC), Tan Sri Mohamad Salim bin Fateh Din at PTA Headquarters, Islamabad. Member (Finance) PTA, Mr. Muhammad Naveed; Commission Member MCMC,  Datuk Lim TheanRead More →

ISLAMABAD ( Web News ) The Higher Education Commission (HEC) Pakistan has announced December 15, 2022, as the deadline to apply for the scholarships 2023-24 in Chinese universities. According to official sources, HEC had invited applications from Azad Jammu & Kashmir and Pakistani students to study and conduct research inRead More →

RAWALPINDI ( Web News ) General Asim Munir assumed charge as the Chief of Army Staff at an impressive change of command ceremony at General Headquarters in Rawalpindi on Tuesday. Outgoing Army Chief General Qamar Javed Bajwa handed over the command stick to General Asim Munir symbolizing the change ofRead More →