Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has taken a groundbreaking step toward digital transformation in Islamic finance. In collaboration with fintech innovator Fauree, FBL has signed a Memorandum of Understanding (MoU) to develop and deploy a comprehensive Islamic Digital Supply Chain Finance (SCF) and Agri-Digitization ecosystem. The MoU was signed by Mr. Altaf Hussain Saqib, Head …

By Rafiq Vayani DUBAI/KARACHI: The International Business Forum (IBF) held its monthly Managing Committee Members meeting on 23rd July 2025 at Caféela Restaurant, DHA Karachi. The session was graced by key IBF figures including Mr. Anis Arfa (Patron-in-Chief), Mr. Ali Arsh Khan (Founder and Chairman), along with Managing Committee Members Mr. Asad Fecto, Mr. Anwer Haroon Pabal, Mr. Shaikh Aamir …

Zindigi, powered by JS Bank Pakistan’s fastest growing digital banking platform, has introduced its Visa Virtual Debit Card. A secure, fully digital payment solution that can be created instantly via the Zindigi app, the virtual card enables seamless local and international transactions without a physical card, marking a leap in the country’s fintech sector. The virtual card prioritizes convenience and …

News Desk DUBAI /FLORIDA: PayCargo, a trusted logistics payment platform, has officially launched in the United Arab Emirates, with Emirates SkyCargo as the first carrier in the region to adopt PayCargo’s solution. This new collaboration simplifies the cargo payment process, providing customers with a seamless, efficient, and digital payment solution. PayCargo offers an online payment solution that connects carriers with freight forwarders …

In A very first time A grand event by The Culinary Folks took place in Islamabad, organized under the visionary leadership of the organization’s founder and president, Shama Rashid. This prestigious occasion was a Culinary Gala, bringing together talent and passion from across the culinary spectrum. The event featured an exciting cooking and cake decoration competition, showcasing the skills of …

News Desk ABU DHABI: Etihad Guest, the loyalty programme of Etihad Airways, the national carrier of the United Arab Emirates, has partnered with the multinational neobank, Revolut, to offer worldwide loyalty members more ways to earn Etihad Guest Miles internationally. Millions of Revolut customers worldwide can transfer their RevPoints earned through everyday spending to Etihad Guest Miles via the Revolut …

By Rafiq Vayani ISTANBUL: World Defense Show (WDS), founded by the General Authority for Military Industries (GAMI) in Saudi Arabia, today announced it has already secured 90% of its exhibitor space for its upcoming 2026 edition. This announcement coincides with WDS’s attendance at IDEF 2025 in Istanbul, Turkey, where the WDS team is engaging with key Turkish defense stakeholders. Turkey is …

News Desk ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) and Al Baraka Bank Pakistan Limited have signed an agreement for the provision of primary Data Center colocation services at PTCL’s Tier-III Data Center facility. PTCL will provide Al Baraka Bank Pakistan Limited with a secure and reliable Data Center environment equipped with modern infrastructure, platform solutions, and managed security services. Asif …

By Raheel Rao DUBAI: Hong Kong and the United Arab Emirates (UAE) have enjoyed robust bilateral trade relations on a range of products and services over the years. Adding to the Hong Kong’s business advantages, Hong Kong Trade Development Council (HKTDC) gathers the latest market intelligence and form partnerships to develop business for corporations. Mr Daniel Lam, Regional Director, Middle …

News Desk DUBAI: An Indian national and a Russian national have been announced as the new dollar millionaires at the latest Dubai Duty Free Millennium Millionaire and Finest Surprise draw, held today at Concourse B of Dubai International Airport. Mr. Sabish Peroth, a 42-year-old Indian national based in Dubai became a US$1 million winner, in Millennium Millionaire Series 508 with …