National Bank of Pakistan (NBP) has closed three international branches in Bangladesh (Sylhet), Afghanistan (Jalalabad), and Uzbekistan (Tashkent) in recent months. The bank's management is closing international branches as part...
An electric mobility startup, ezBike, has raised $1 million in pre-seed finance to aid Pakistan's shift to electric vehicles (EVs). According to a statement, i2i Ventures, Walled City, GroundUp, and...
MEDZnMORE has raised $11.5 million in a pre-Series A fundraising round, the largest of its kind in Pakistan for a health-tech business. Integra Partners, Nunc Gestion, Sturgeon Capital, and Alta...
Systems Limited (PSX SYM: SYS), a leading information technology company in Pakistan with a global presence, has signed a definitive agreement to purchase 100% of National Data Consultant (Pvt.) Limited...
Paymob, an Egyptian fintech startup, has raised $50 million in a Series B round of funding to help it develop new products and grow into new countries. Paymob is an...
Markaz Technologies, an Islamabad-based Y-Combinator-backed firm, has received $2.4 million in seed funding from Indus Valley Capital. Angel investors like Kyane Kassiri of Suya Fund and leaders from Careem, Deloitte,...
PayPal is a well-known online payment system that makes sending money internationally a breeze. The American firm was created in 1998 and has offices in a number of major nations...
Pakistan Kuwait Investment Company (Private) Limited (PKIC), Pakistan's leading development finance institution, has signed a $750 million strategic alliance agreement with Enertech Holding Company KSC (Enertech), a subsidiary of Kuwait...
After more than five years as chairman of the Water and Power Development Authority (Wapda), Lt. Gen. (ret.) Muzammil Hussain has resigned. The then-prime minister Nawaz Sharif named the Wapda...
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has written to Prime Minister Shehbaz Sharif requesting that the country be declared under an economic emergency. The FPCCI's letter...
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