Islamabad: Mobilink Bank, a prominent digital microfinance institution in Pakistan, has successfully modernized its core banking system, migrating to the latest cloud-native Temenos platform (R23). This enhancement underscores the bank's dedication to...
Read More »Meezan Bank Profits Dip, Non-Performing Loans Rise
Islamabad: Meezan Bank Limited (MEBL) reported a 9% year-on-year decline in its standalone profit after tax, reaching Rs24.1 billion in the second quarter of 2025. This translates to earnings per share (EPS) of Rs13.4 for the quarter, bringing the fir...
Read More »Cheratc Cement Profit Soars 116% on Margin Expansion
Islamabad: Cherat Cement Company Ltd. (CHCC) posted a remarkable 116% year-on-year surge in its fourth-quarter profit for fiscal year 2025, reaching PkR1.8 billion (EPS: PkR9.51). This impressive performance surpassed the PkR854 million (EPS: PkR4.40)...
Read More »Mobilink Bank Embraces Cloud-Native Future With Temenos Core Banking Upgrade
Islamabad: Mobilink Bank, a prominent digital microfinance institution in Pakistan, has successfully modernized its core banking system, migrating to the latest cloud-native Temenos platform (R23). This enhancement underscores the bank's dedication to...
Read More »Zong, Ena Partner To Empower Smart Energy Management In Pakistan
Islamabad: Zong, Pakistan's leading technology innovator, has partnered with Energy and Automation Pvt. Ltd. (ENA) to introduce cutting-edge, IoT-based smart energy management solutions. This move signifies Zong's expansion beyond conventional telec...
Read More »71 Killed in Afghanistan Road Accident
Islamabad: Seventy-one people including seventeen children have been killed in a traffic accident in Herat province. The accident occurred when a bus carrying deported migrants to Kabul caught fire after colliding with a truck and motorcycle. Accordi...
Read More »PM Shehbaz Vows Support Against Illegal Construction to Mitigate Flood Damage
Buner: Prime Minister Muhammad Shehbaz Sharif has emphasized the importance of preventing illegal constructions and encroachments along river banks to reduce the impact of natural disasters. Addressing a ceremony in Buner for distributing cheques to f...
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