Mobilink Microfinance Bank launches Digital App

KARACHI: Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has launched ‘Dost’, a mobile-based application that provides a complete digital banking ecosystem to its customers and gives them hassle-free…

NNR July 15, 2021

Israeli company malware attacked Windows operating system

The move represents a new step Microsoft is taking to reduce online security incidents. NEW YORK: An Israeli company was behind malware that was used to attack PCs running its…

NNR July 15, 2021

Facebook reports online cyber espionage campaign by hackers in Iran

The campaign, running since 2020, targeted about 200 individuals in the military, defence and aerospace industries “primarily in the US, and to a lesser extent in the UK and Europe…

NNR July 15, 2021

NortonLifeLock in discussion to acquire Avast PLC

LONDON, UK: NortonLifeLock Inc., a global leader in consumer Cyber Safety, notes the announcement by Avast, released earlier today, and confirms that it is in advanced discussions with the board…

NNR July 15, 2021

ASOS and Nordstrom announce Topshop joint venture

LONDON, UK: ASOS Plc has formed a joint-venture with US-based multi-channel retailer, Nordstrom, which will invest for a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands, a…

NNR July 12, 2021

Pakistan’s Competition Commission initiates enquiry against Foodpanda for abuse of dominant position

These concerns stretch the scope of abuse to being a barrier for the new entrants in the market of online food delivery platforms. ISLAMABAD, PAKISTAN: The Competition Commission of Pakistan (CCP)…

NNR July 7, 2021

Jet2.com and Jet2holidays launch inaugural flight from Bristol Airport

LONDON, UK: Jet2.com and Jet2holidays launched inaugural flight from Bristol Airport on June 2nd, a news release said. The start of operations from Bristol Airport comes as the Balearic Islands…

NNR July 4, 2021

TotalEnergies and Uber partner to accelerate the transition towards electric urban mobility

PARIS, FRANCE: TotalEnergies and Uber are partnering to accelerate the transition of Uber’s drivers towards electric mobility, by providing support for vehicle conversion and easier access to charge points, a…

NNR June 29, 2021

Online grocery startup GrocerApp raises $5.2 million in Series A funding

KARACHI, PAKISTAN: Online grocery delivery platform, GrocerApp, has raised $5.2 million in a Series-A round from leading institutional and angel investors. The round was led by Hayaat Global, with participation…

NNR June 14, 2021

Governor State Bank Reza Baqir appointed Chairman of General Assembly of Islamic Financial Services Board

KARACHI, PAKISTAN: Governor State Bank of Pakistan (SBP), Dr. Reza Baqir is appointed as the Chairman of the General Assembly of Islamic Financial Services Board (IFSB) for the year 2022,…

NNR June 11, 2021

ESPL and REDtone Digital Services bring electronic gaming to Pakistan

Mahnoor Nadeem, CEO, REDtone Digital Services said, "Pakistan is a country at the cusp of a digitisation drive and the young population is making a meaningful contribution towards the transformation…

NNR June 2, 2021

Pakistan’s oil products sales grow by 14 percent

Total OMC sales grew by 14% YoY to 1,692kT during May21, aided largely by increased off-take in all three major categories. The OMC sector continued to maintain its elevated levels…

NNR June 2, 2021