Karachi: SIMOSA, the flagship digital platform by Jazz, has been featured in an Ivey Publishing business case study titled “Jazz World to SIMOSA: A Blueprint for Digital Transformation from App to Ecosystem.” This study, authored by students from NUST…
Karachi: The State Bank of Pakistan (SBP) provided an update on its overnight repo and reverse repo facilities, revealing the activity levels for June 16, 2025. The report indicates that three institutions accessed the SBP’s overnight repo facility, u…
Karachi: Allied Bank, a leading commercial institution in Pakistan, has announced a strategic partnership with Paysys Labs to pilot the Interledger Protocol (ILP) for cross-border payments. This initiative marks a significant step in enhancing the eff…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for June 16, 2025, indicating slight changes in currency values. The data, sourced from the State Bank of Pakistan, highlighted minor fluctu…
Karachi: The Karachi Interbank Offered Rate (KIBOR) displayed a range of activity across different tenors, as reported by the State Bank of Pakistan on June 16, 2025. The data reveals slight variations in both bid and offer rates for the short and lon…
Karachi: Airlink Communication Limited, a prominent player in Pakistan’s mobile phone distribution and assembly sectors, has been assigned initial credit ratings by the Pakistan Credit Rating Agency (PACRA). These ratings underscore the company’s robu…