According to latest “IT Security Economics” report by Kaspersky, companies are planning to increase their investments in information security against the background of growing financial losses from cyber incidents. Kaspersky IT Security Economics is an annual report that unpicks the changes in budgets, breaches and business challenges affecting IT Security decision makers. It is based…
JazzCash, Pakistan’s largest fintech organization, has partnered as a payment service provider with the Punjab Social Protection Authority (PSPA), a government organization dedicated to supporting vulnerable communities in Punjab through financial and social assistance programs. Through this collaboration, JazzCash will be facilitating disbursements to PSPA’s more than 1 million beneficiaries across Punjab. Since its establishment…
Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, on Thursday announced the commencement of production from its Kunnar West Well-3, located in the Hyderabad district of Sindh. The well, brought into production at a wellhead flowing pressure (WHFP) of 1200 PSI with a 32/64” choke size, is currently producing 3.5…
Dubai Festivals and Retail Establishment (DFRE), part of the Dubai Department of Economy and Tourism (DET), has unveiled its 2025 Retail Calendar, featuring an incredible line-up of citywide events and activities to further enhance the retail landscape. The 2025 programme of festivals and events promises a continuous celebration of shopping, entertainment, and cultural experiences that…
Alibaba.com, a leading global business-to-business (B2B) e-commerce platform, today announced the launch of Trade Assurance in Pakistan, enabling local small and medium-sized enterprises (SMEs) to trade with enhanced confidence. With this launch, Pakistan joins the ranks of a select few markets where Alibaba.com has introduced this valued service for suppliers. The launch was announced at…
Standard Chartered Bank (Pakistan) Limited (“Standard Chartered”) has partnered with Haball, the leading provider of digital supply chain payments solutions and Hutchison Ports KICT, to automate and digitalise its payment systems. This mandate has positioned Standard Chartered as one of the core banks for KICT, enabling it to provide real-time, API driven reporting and account…
This initiative marks a revolutionary development as a result of the significant meetings held by Chairperson Benazir Income Support Programme (BISP), Senator Rubina Khalid and Secretary BISP, Amer Ali Ahmad with representatives of the Bill & Melinda Gates Foundation and Karandaaz Pakistan, an impact investment platform dedicated to driving sustainable economic growth and strengthening financial…
TCL, Pakistan’s No. 1 LED TV brand successfully hosted its first ever exclusive industry gathering in Wuhan, China. Bringing together key dealers, media representatives, and influencers from the Middle East & Africa region for the TCL Air Conference – “Air to Future, Sail to Success,”, this milestone event showcased TCL’s technological excellence, revolutionary air conditioning…
BankIslami recently won the “2024 Euro Clearing Quality Recognition Award” from J.P. Morgan for achieving an impressive MT202 STP Rate of 99.37%. Mr. Amin Khowaja, CEO of J.P. Morgan Pakistan, presented the award to BankIslami’s President & CEO, Mr. Rizwan Ata, along with Deputy CEO Mr. Imran H. Shaikh and other prominent individuals of BankIslami….
Fireworks Fiesta As Dubai gears up to celebrate the 30th anniversary of the iconic Dubai Shopping Festival (DSF), the city is set to dazzle with breathtaking fireworks displays that promise to leave you in awe. From December 6, 2024, to January 12, 2025, the night skies across the emirate will come alive with vibrant bursts…