Business

Karachi, March 5, 2025 – Payoneer, a global fintech leader empowering small and medium-sized businesses (SMBs), has teamed up with Meezan Bank, Pakistan’s premier Islamic bank, to streamline international payments for the country’s entrepreneurs, freelancers, and SMBs. The partnership was sealed during a signing ceremony at Meezan Bank’s Head Office,...

The State Bank of Pakistan (SBP) has released the official schedule for office and business hours to be observed during the holy month of Ramadan-ul-Mubarak 1446 A.H. (2025). These timings will be followed by the State Bank of Pakistan, as well as all banks, Development Finance Institutions (DFIs), and Microfinance...

The State Bank of Pakistan (SBP) has announced that all banks, development finance institutions (DFIs), and microfinance banks (MFBs) will remain closed to the public on Monday, March 3, 2025. This day will be observed as a “Bank Holiday” to facilitate the deduction of Zakat, following guidelines from the Ministry...

ISLAMABAD: PTCL Group, Pakistan’s leading ICT services provider, has announced the appointment of Tooran Asif as the new President & Chief Executive Officer (CEO) of U Microfinance Bank Limited (UBank). With over three decades of experience in digital and retail banking, Tooran Asif is set to lead UBank into a...

KARACHI: As the excitement for the ICC Champions Trophy reached its peak, inDrive, the world’s second most downloaded app, brought together cricket, culture, and art in a unique and vibrant celebration. On February 23, 2025, inDrive hosted a breathtaking Rickshaw Rally, featuring the stunning cultural artwork of renowned artist Wasfa...

KARACHI: The State Bank of Pakistan (SBP) has announced the schedule for its Monetary Policy Committee (MPC) meetings for the first half of 2025, in an effort to enhance the predictability and transparency of its monetary policy formulation process. This half-yearly schedule announcement, released on a rolling basis, provides a clear...

ISLAMABAD: Pakistan International Airlines (PIA) marked a significant milestone on Friday as it resumed flight operations to Europe after a hiatus of four and a half years. The departure of flight PK-749 from Islamabad International Airport to Paris signified the airline's re-entry into European airspace, carrying 300 passengers, including PIA's acting...

Pakistan Telecommunication Company Limited (PTCL), the country’s leading ICT services provider, has partnered with GBM Pakistan and IBM to modernize IT infrastructure. This strategic partnership strives to boost PTCL’s operational efficiency while establishing a foundation for cutting-edge innovations and a comprehensive upgrade of Enterprise Systems. The initiative involves deployment of...

Meezan Bank, Pakistan’s leading Islamic bank, and Arif Habib Limited, a leader in investment banking, have recently partnered to enhance the investor experience in Pakistan. The collaboration is marked by a Memorandum of Understanding (MoU) and the launch of an innovative Instant Top-up Service for investors. Mr. Shahid Ali Habib,...

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Meezan Bank has issued a 'Customer Advisory' statement on its social media platforms, categorically denying rumors of a data breach. The bank described these claims as entirely baseless. In the statement, Meezan Bank assured customers that their data is fully secure and that no security issues have occurred. Despite this,...

Several Meezan Bank debit card holders have reported unauthorized transactions being made using their cards, specifically for Facebook ads. Shockingly, many of these individuals claim they have never used their debit cards for online transactions, raising concerns about potential security breaches. One alarming case involves a Meezan Bank customer who...