Investment
$15M Trade Deal Signed Between Saudi EXIM Bank and Bank Alfalah
A $15 million financing agreement was signed between the Saudi Export-Import Bank and Bank Alfalah of Pakistan. The purpose of the agreement is to strengthen…
Rs. 1.47 Trillion Surge in Banking Sector in October 2024
In October 2024, with a surge of 1.47 trillion rupees in advances, banks have been aggressively lending to certain consumers to avoid penalties imposed by…
Pakistani Startups Secure $32 Million in FY2024-25 Amid Rebounding Investment Climate
Pakistani startups have made an impressive return to the global investment stage, raising $32 million in the first four months of the 2024-25 financial year.…
Pakistani-American Investors Announce $20M Investment for Pakistan’s IT Industry
The IT sector in Pakistan reached a new milestone at the Pakistan-U.S. Tech Investment Conference in California, where American companies, led by Pakistani-American entrepreneurs, pledged…
SBP Grants Final Approval for TPL Corp and Abhi’s Takeover of FINCA Microfinance Bank
The State Bank of Pakistan (SBP) has granted final approval for TPL Corp Limited and Abhi (Private) Limited to acquire a majority share in FINCA…
Govt Launches $50M ‘Climaventures’ to Power Climate Investments
ISLAMABAD: Pakistan made a significant stride toward climate resilience and innovation with the launch of the groundbreaking Climaventures project by the National Rural Support Program…
Khyber Pakhtunkhwa Govt Ready to Acquire PIA with Bid Exceeding Rs10bn
The Khyber Pakhtunkhwa (KP) government has officially informed the federal government of its intention to place a bid for Pakistan International Airlines (PIA) that exceeds…
Pakistan to Receive $600 Million Investment from Saudi Arabia
On Wednesday, the Saudi Investment Minister referred to the previously announced $2.2 billion investment in Pakistan as “only the beginning of something very special,” and…
JPMorgan is Launching a ChatGPT Like AI Chatbot That Will Give You Investment Advice
Trademarked as the ‘IndexGPT’, the JPMorgan investment chatbot will use cloud computing and artificial intelligence to help customers select financial securities that fits their needs…
Bank Of America: 47% Of Young Investors Have Crypto Holding
Bank of America released the 2022 Bank of America Private Bank Study of Wealthy Americans, which shows a massive difference in financial approaches between generations.…
KeepTruckin Raises $190 Million In Funding From Numerous Investors
In recent news, the fleet management technology company KeepTruckin has announced that it has received investment up to $190 million from investors such as the…
Pakistani trucking marketplace startup Truck It In raises $1.5m in pre-seed round
Pakistan’s Truck It In has raised $1.5 million for its trucking marketplace in a pre-seed round led by Global Founders Capital. This is one of…
Indus Valley Capital brings Silicon Valley to Pakistan via $17.5M debut fund
San Francisco and Karachi-based Indus Valley Capital has raised $17.5M in an oversubscribed close for its debut fund to invest in Pakistani startups. Investors in…