The Securities and Exchange Commission of Pakistan (SECP) has officially granted a license to KOKO Tech Pakistan (Private) Limited, a subsidiary of Alibaba Group, to operate Buy Now, Pay Later (BNPL) services in Pakistan. According to the SECP, KOKO Tech […]
Pakistan’s IT and IT-enabled services sector recorded $2.97 billion in export inflows during July to February FY2026, marking a 19.6% year-on-year increase. However, a steady drop in monthly receipts over the past two months has tempered expectations around the government’s […]
Alibaba Group has launched a new artificial intelligence platform designed for enterprise use, as competition intensifies in China’s rapidly growing AI agent market. The platform, named Wukong, enables businesses to automate complex workflows by coordinating multiple AI agents within a […]
Jazz International Holding Limited, a subsidiary of global telecom group VEON incorporated in the UAE, has signed a definitive agreement to acquire a controlling stake in TPL Insurance Limited, a publicly listed insurance company in Pakistan. The acquisition deal is […]
In a major step towards advancing Pakistan’s digital payment ecosystem, PayFast, a State Bank of Pakistan-licensed fintech, and Askari Bank, one of the country’s leading commercial banks, have entered into a strategic partnership to roll out a white-label digital checkout […]
