Author: Press Release
“The advent of the xbt.kg platform has revolutionized the way USDT is transferred, making it significantly more convenient for individuals in Pakistan to send funds xbt.kg to students residing in Bishkek and Osh. This innovative service streamlines the process, ensuring that financial support reaches its intended recipients swiftly and securely.” “Embracing the future of financial transactions, the https://xbt.kgwebsite emerges as a beacon of convenience and reliability, transforming the landscape of cross-border payments. For those in Pakistan wishing to support their counterparts in Bishkek and Osh, this platform offers an unparalleled solution. By facilitating seamless USDT transfers, xbt.kg not only accelerates…
Abu Dhabi, UAE – 24th January 2024: Hub71-backed ABHI, an embedded finance platform founded in Pakistan, is advancing to its next growth stage by establishing its global HQ in Abu Dhabi with support from the Abu Dhabi Investment Office (ADIO) to grow its international operations. ABHI joined Hub71, Abu Dhabi’s global tech ecosystem, in 2022 where the company flourished by tapping into an extensive network of corporations, investment partners and government entities, unlocking the advantages of Abu Dhabi’s marketplace. The UAE’s capital supports the growth of companies at all stages through partnerships and collaboration as part of a broad ecosystem…
Karachi, January 24, 2024: The Aga Khan University Institute for Educational Development (AKU-IED) launched its newest academic offering – a 1.5 year Bachelor of Education (BEd) programme while commemorating UNESCO’s sixth International Day of Education 2024. The theme for this year’s International Day of Education is to promote inclusive and quality education for all. Faced with the daunting tasks in the country’s educational landscape fraught with discrepancies in educational standards, gender inequality in access to education, inadequate school facilities, and insufficient number of qualified teachers, the new programme seeks to address these challenges by offering capacity development of aspiring teachers…
Zong 4G has signed a corporate partnership agreement with ASA Pakistan, a security solutions provider, to offer communication and data connectivity solutions. The agreement was signed by top executives from both companies at a ceremony held at Zong’s headquarters in Islamabad. Under this partnership, Zong 4G will provide connectivity services to ASA Pakistan for powering their security solutions across Pakistan. Some of the key solutions that will be enabled through this agreement include CCTV surveillance, alarm systems, access control systems, vehicle tracking systems, and remote site connectivity. Zong 4G with its widespread 4G network across Pakistan will empower ASA Pakistan…
KARACHI: In the throes of the COVID-19 pandemic, while many businesses struggled to stay afloat, a heartening story of resilience and entrepreneurial spirit emerged from Lahore, Pakistan. Shamshad Ahmed, the owner of a school canteen named POLA G LunchTime faced daunting challenges when schools shut down. His journey from near closure to thriving success stands as a testament to the power of innovation and collaboration in times of crisis. The Onset of Crisis: When the Pakistani government ordered schools to close to curb the spread of COVID-19, Ahmed’s primary source of income came to an abrupt halt. His business, once…
Zong 4G has launched exclusive roaming bundles for customers traveling to the UAE this New Year. The bundles offer generous data, minutes, and SMS resources to ensure seamless connectivity throughout your trip. The UAE Hybrid International roaming bundle provides ample resources to last during your entire visit. Zong designed these cost-effective bundles specifically considering the connectivity struggles faced by modern travelers. You can subscribe to the bundle via the MY ZONG APP or by dialing *4255#. The prepaid bundle costs PKR 1,999 + tax and includes 120 minutes, 120 SMS, and 2GB of data valid for 7 days. This is…
inDrive hosted its first “Champions of Karachi” event on December 22, 2023 to celebrate and reward the city’s top performing drivers. The highlight of the event was awarding four brand new electric bikes to the top winners, aligning with inDrive’s commitment to sustainability. The event recognized 104 drivers for their dedication and contribution to inDrive’s success in Karachi. Beyond the top prizes, other deserving drivers received mobile phones and fuel cards. The awarding of electric bikes promotes the adoption of eco-friendly transportation, according to inDrive’s D-Ops Specialist Rao Zaryab. This move underscores inDrive’s dedication to innovation, equity and environmental responsibility.…
Karachi: 5th Pillar Family Takaful Limited (5PFTL), a pioneering force in the Takaful sector with a vision to empower financially challenged Muslims, announced a groundbreaking initiative to facilitate the sacred journey of Hajj and Umrah. Backed by Kuwaiti investment, 5th Pillar is committed to making the dream of performing Hajj and Umrah easy for millions of Muslims, starting with Pakistan and expanding globally. In a significant development towards realizing this vision, the Kuwaiti Board of Directors of 5th Pillar Family Takaful, along with their Pakistani directors, convened in Karachi for their annual visit. They were received by members of the…
Zong 4G has partnered with local live-streaming platform MYCO to bring exclusive live streaming of the English Premier League (EPL) football matches to Pakistani fans. This collaboration builds on the success of Zong and MYCO’s previous partnership during the recent Cricket World Cup campaign. Through the MYCO app and Zong’s official EPL streaming service MZA, fans across Pakistan can now enjoy uninterrupted streaming access to one of the most popular football leagues globally. “We are thrilled to add the Premier League to our streaming portfolio after the tremendous response we received during the World Cup,” said the spokesperson for Zong…
Pakistani telecom company Ufone 4G has upgraded its Digital Grand Offer bundle by including discounts and complimentary subscriptions to entertainment and shopping platforms. The revised bundle provides improved value to Ufone 4G users. The Digital Grand Offer can now be purchased through Golootlo at a special price of PKR 1,500, down from the original PKR 1,600. The discounted bundle includes 100GB of high-speed data, 1,000 off-net minutes, and unlimited minutes for Ufone-to-Ufone and Ufone-to-PTCL networks. Users also get a free subscription to SHOQ, PTCL’s on-demand entertainment platform. SHOQ offers a diverse selection of Hollywood and Pakistani movies, dramas, and news…
Islamabad – U Microfinance Bank Limited, Pakistan’s fastest-growing microfinance bank, has announced impressive financial results for the nine months ended September 30th, 2023. The results were shared during the Board of Directors’ meeting held in Islamabad yesterday. The bank reported robust growth across key financial metrics, underscoring its strong performance trajectory. Total revenue for the first nine months reached PKR 33.4 billion, reflecting a substantial 135% year-on-year growth. Profit After Tax stood at PKR 1.7 billion, reversing last year’s nine-month loss of PKR 513 million. Total deposits grew 44% year-on-year to PKR 103 billion, while the gross loan portfolio rose…
Financial services platform ABHI has partnered with Unilever Pakistan to provide the company’s employees with earned wage access (EWA) through AbhiSalary. This collaboration aims to promote financial inclusion and empower Unilever’s workforce by allowing them to withdraw a portion of their earned wages instantly before payday. The AbhiSalary solution will enable Unilever Pakistan employees to access their earned salaries at any time through ABHI’s mobile app, SMS, and WhatsApp. Employees can now plan expenses better without worrying about interest rates or late payment fees. Unilever Pakistan views this as another step to ensure employees’ financial well-being during challenging times. Meanwhile,…
ISLAMABAD – U Microfinance Bank has once again demonstrated its financial resilience and strategic growth by announcing its latest financial results. The bank’s sustained profitability for the half-year ending June 30th, 2023, underscores its commitment to financial inclusion and economic empowerment across Pakistan. U Microfinance Bank reported a remarkable revenue surge to PKR 21.5 Billion, marking a 133% increase compared to the same period last year. This growth trajectory is further highlighted by the bank’s Profit After Tax, which reached PKR 1.4 Billion—a stark contrast to the restated loss of PKR 175 Million from the corresponding period of the previous…
Ufone 4G has unveiled its latest digital innovation – the ‘U BOT’ WhatsApp Chatbot. This futuristic tool is designed to provide instant and hassle-free facilitation to its users. The introduction of ‘U BOT’ marks a milestone in Ufone 4G’s ongoing efforts to prioritize user experience. By simply sending a message saying ‘Hi’ to the number 0331 1333100 on WhatsApp, customers can now access a range of personalized services without enduring the wait times associated with traditional helpline calls. ‘U BOT’ offers an array of functionalities including complaint registration, feedback submission, bundle subscriptions, account top-ups, and checking account details. The chatbot…
Islamabad, December 1, 2023 – Zong 4G has unveiled an innovative international roaming (IR) postpaid bundle designed to provide customers with seamless connectivity across nine Asian countries. This unique offering is set to revolutionize the way Zong 4G’s users communicate while traveling abroad. The newly launched IR Bundle for Continental Asia is a testament to Zong 4G’s commitment to enhancing the user experience. The package includes China, Malaysia, Thailand, Bangladesh, Saudi Arabia, Qatar, UAE, Australia, and Sri Lanka, allowing travelers to stay connected with ease. For a price of PKR 5000 plus tax, subscribers can enjoy 60 minutes of talk…