Category: Business

  • JCL Achieves Impressive PKR 8 Billion Post-Tax Profit

    The Board of Directors of Javedan Corporation Limited (JCL) on Monday announced the financial results for the year ended June 30, 2023. JCL has recorded a profit of PKR 8 billion, representing the company’s highest ever profit.The Board of Directors has also approved a final cash dividend of PKR 6 per share, equivalent to 60%…

  • KMBL and HBL Konnect Signs Agreement

    The Khushhali Microfinance Bank Limited (KMBL) and HBL Konnect have signed an agreement, enabling payments for Khushhali Bank customers through HBL Konnect branchless banking and agents network across Pakistan. The agreement marks a significant step taken by Khushhali Bank to incorporate partners from the digital payments industry to transform its infrastructure, thereby facilitating customers to…

  • Yango, Ride-hailing service has been launched in Pakistan

    The international ride-hailing service, Yango, has made its way to Pakistan after successfully launching in Lahore, Rawalpindi & Islamabad. The exclusive launch event held on Saturday declared the arrival of the renowned ride-hailing service and brought-together industry professionals, influencers, stakeholders, and potential customers.  Yango Pakistan team Shaza Fatima Khawaja, Special Assistant to Prime Minister on…

  • Daraz Pakistan Earns Three ISO Certifications, Highlighting Commitment to Excellence

    Daraz Pakistan, the country’s leading e-commerce platform, has announced the achievement of receiving three prestigious ISO certifications. This recognition underscores Daraz’s unwavering commitment to delivering top-notch quality, environmental sustainability and ensuring the health and safety of its team members. The following certifications have been awarded to Daraz Pakistan after a rigorous evaluation process: ISO 9001:…

  • The Cryptoverse Pioneers Success at Dubai CryptoTech Expo

    UAE’s crypto market witnessed an extraordinary event, the Dubai CryptoTech Expo, where industry leaders, investors, and enthusiasts gathered to explore the latest advancements in the world of cryptocurrencies. Among the companies that left an indelible mark on this transformative event was The Cryptoverse, a cryptocurrency solutions and exchange company co-founded by Zaid Al-Nasseri and Rabah…

  • The Importance of Cryptocurrency Regulation and its Impact on the Market

    Cryptocurrencies have changed the financial industry, but as they gain in acceptance, more regulation is now urgently needed. Concerns regarding fraud, swindles, and criminal activities like money laundering have arisen as a result of the absence of legislation. In this post, we’ll examine the significance of cryptocurrency regulation, its effects on the market, and how…

  • Careem grows Engineering Hubs across Pakistan, Jordan and Egypt; with dozens of open engineering roles

    Careem, the region’s leading everything app, invests in its engineering hubs in Pakistan, Jordan and Egypt, with dozens of open engineering roles across Karachi, Lahore, Islamabad, Amman, Cairo and Alexandria. More than 600 tech professionals already work in Careem’s engineering hubs to build technology to power Careem’s Super App services across the region, with 55…

  • NdcTech Modernizes the Core Banking Platform for Samba Bank to Hyper Scale Operations and Drive Business Agility

    NdcTech, a premium technology services firm transforming banks and financial institutions globally has successfully modernized the core banking system of Samba Bank onto the latest release of Temenos Transact. Samba Bank Limited is a subsidiary of Saudi National Bank (SNB) KSA in Pakistan, offering personal and corporate banking services, including current and savings accounts, loans…

  • Over 1.2 million orders were influenced by Daraz Live campaigns and streams in 2022

    Daraz Group, South Asia’s leading e-commerce platform, released the inaugural report on Daraz Live selling in South Asia. The report indicated that live commerce, a combination of live streaming and sales is one of the fastest-growing platforms for raising awareness for brands and sellers alike. The report looks at Daraz Live’s performance over twelve months…