Quantix Technology Secures $500 Million Asset-Backed Financing from Citi
Abu Dhabi-based Quantix Technology Projects LLC, a subsidiary of Astra Tech, has announced a landmark $500 million asset-backed securitisation financing from Citi. This significant investment...
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Wafeq Secures $7.5 Million in Series A Funding
Wafeq, a Dubai-based accounting software provider, has announced the successful closure of a $7.5 million Series A funding round, led by London-based 9900 Capital. The...
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M Nauman Chughtai Appointed as President & CEO of MCB Bank Limited
MCB Bank Limited has announced the appointment of Muhammad Nauman Chughtai as its new President and CEO. He will succeed Shoaib Mumtaz, whose tenure is...
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LAAM Technologies Raises $5.5 Million in Seed Funding
Pakistan-based tech-driven fashion startup, LAAM Technologies, has successfully secured $5.5 million in seed funding to elevate its platform and bring South Asian fashion to the...
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FPCCI Plans to Establish 3,000 EV Charging Stations with $350 Million Chinese Investment
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has unveiled plans to set up 3,000 electric vehicle (EV) charging stations across Pakistan in...
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UBL Board Approves Merger with Silkbank via Share Swap Arrangement
United Bank Limited (UBL) has officially announced its decision to merge with Silkbank Limited, following approval from its board of directors during their 252nd meeting...
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