Pakistan

The United Arab Emirates Extends Travel Ban for Indians Leaving Expats Stuck Abroad

Retrieved on: 
Monday, July 26, 2021
Video games, Countries, Video gaming, Human migration, Travel visa, United Arab Emirates, Limbo

LONDON, July 25, 2021 /PRNewswire/ -- The United Arab Emirates has extended a suspension for those travelling from India and several other South Asian countries due to COVID-related guidelines.

Key Points: 
  • LONDON, July 25, 2021 /PRNewswire/ -- The United Arab Emirates has extended a suspension for those travelling from India and several other South Asian countries due to COVID-related guidelines.
  • Since April, expats in India have been left in limbo overseas, with many forced to re-evaluate their options.
  • According to data, there have been as many as 5,000 high net-worth Indians who have left the country since 2020.
  • "As governments become more insular and impose stricter visa controls, the opportunity to travel and do business globally is considerably hampered.

Pakistani Fintech Creditfix Secures Seed Funding in a Round Led by Insitor Partners to Provide Loans to the Unbanked

Retrieved on: 
Wednesday, July 21, 2021
Professional services, Data management, Technology, Finance, Software, Banking, Countries, Finance, Money, Banking in Pakistan, State Bank of Pakistan, Pakistan, Seed money

The Pakistani fintech startup Creditfix has announced that they have secured an undisclosed amount of seed funding in a round led by venture capital fund, Insitor Partners Pte. Ltd. The deal marks the first-ever convertible loan financing from an international investor into a Pakistani company to be approved by the State Bank of Pakistan (SBP), and is Insitors Partners inaugural investment into Pakistan.

Key Points: 
  • The Pakistani fintech startup Creditfix has announced that they have secured an undisclosed amount of seed funding in a round led by venture capital fund, Insitor Partners Pte.
  • The deal marks the first-ever convertible loan financing from an international investor into a Pakistani company to be approved by the State Bank of Pakistan (SBP), and is Insitors Partners inaugural investment into Pakistan.
  • With over 100 million people in Pakistan unbanked, Creditfix offers conventional and Shariah-based lending solutions and financial services for MSMEs.
  • Their team has a unique founder market fit and we're excited to help them scale during a historic boom for this sector."

Pakistan Cards and Payments Markets, Opportunities and Risks Report 2021-2025 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, July 20, 2021
Professional services, Finance, Payment systems, Credit card, Articles, Market analysis, Economy, Money

The "Pakistan Cards and Payments - Opportunities and Risks to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Pakistan Cards and Payments - Opportunities and Risks to 2025" report has been added to ResearchAndMarkets.com's offering.
  • This report presents detailed analysis of market trends in the Pakistani cards and payments industry.
  • The report brings together The publisher's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages.
  • This report provides top-level market analysis, information and insights into the Pakistani cards and payments industry, including:
    Current and forecast values for each market in the Pakistani cards and payments industry, including debit and credit cards.

Hytera Launches 4G & 5G Solutions to Serve the MNO and Vertical Industry Markets

Retrieved on: 
Friday, July 2, 2021
Technology, VoIP, Mobile, Wireless, Telecommunications, Networks, Internet, Telecommunications, Technology, Science and technology, Mobile telecommunications, Internet of things, Hytera, 5G, 4G, HYT, KPN

HyXG forms a key part of Hyteras total solution aimed at serving the MNO and vertical industry markets.

Key Points: 
  • HyXG forms a key part of Hyteras total solution aimed at serving the MNO and vertical industry markets.
  • View the full release here: https://www.businesswire.com/news/home/20210701005591/en/
    Hytera launches 4G & 5G solutions to serve the MNO and vertical industry markets (Graphic: Business Wire)
    Hytera believes more than ever that openness and innovation are important to society.
  • As a result, Hytera is adapting itself to meet its customers needs by developing innovative 4G and 5G solutions.
  • Mr. Jiang Yelin, CEO of Hytera, said: Hytera is willing to cooperate with a variety of ecosystem partners to empower the vertical industry evolution to digital, broadband and 5G.

VEON's Subsidiary Jazz Pakistan Secures 10-year PKR 50 billion (USD 320 million) Syndicated Facility

Retrieved on: 
Thursday, June 24, 2021
VEON, Companies, Telecommunications, Telenor, Jazz, Alfa Group, Habib Bank Limited, VEON, 3, Euronext

AMSTERDAM, June 24, 2021 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces that its operating company in Pakistan, Jazz, has secured a PKR 50 billion (approximately USD 320 million1) syndicated credit facility from a banking consortium led by Habib Bank Limited (HBL).

Key Points: 
  • AMSTERDAM, June 24, 2021 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces that its operating company in Pakistan, Jazz, has secured a PKR 50 billion (approximately USD 320 million1) syndicated credit facility from a banking consortium led by Habib Bank Limited (HBL).
  • This 10-year facility will be used to finance the company's ongoing 4G network rollouts andtechnologyupgrades, as well as to address upcoming maturities.
  • The facility is thefirst of its kind to be extended to the local telecoms sector in terms of amount and tenor.
  • As the country's leading digital services provider, Jazz has over 69 million subscribers and more than 28 million 4G users nationwide.

Seraph Aviation Group places two A320-200s with Pakistan International Airlines

Retrieved on: 
Monday, June 21, 2021
Aviation, Arshad Malik, Airbus A320 family, Pakistan International Airlines, Airlines, Aircraft

Following an extensive process covering technical and financial requirements, Seraph Aviation Group was successful in the process,with deliveries expected in July and August 2021.

Key Points: 
  • Following an extensive process covering technical and financial requirements, Seraph Aviation Group was successful in the process,with deliveries expected in July and August 2021.
  • David Butler, Chief Executive, Seraph Aviation Group said: "We are delighted to have secured a contract for two A320-200s with Pakistan International Airlines.
  • Air Marshal Arshad Malik , Chief Executive Officer, Pakistan International Airlines congratulated Seraph Aviation Group for winning a well-contested tender and noted that he is looking forward to a productive long-term partnership between the two companies.
  • About Seraph Aviation GroupSeraph Aviation Group is a dedicated Aviation Asset Manager and Financial Advisor.

Highlights - AFET debated with Minister of Foreign Affairs of Pakistan - Committee on Foreign Affairs

Retrieved on: 
Saturday, June 12, 2021
Pakistani Sufis, Members of the National Assembly of Pakistan, Government of Pakistan, Makhdoom, Shah Mahmood Qureshi, Foreign relations of Pakistan, Pakistan, Prime Ministers of Pakistan, Mikheil Janelidze, Ministry of Foreign Affairs

On 26 May, the Committee on Foreign Affairs welcomed Makhdoom Shah Mahmood Qureshi, Minister of Foreign Affairs of Pakistan.

Key Points: 
  • On 26 May, the Committee on Foreign Affairs welcomed Makhdoom Shah Mahmood Qureshi, Minister of Foreign Affairs of Pakistan.
  • The debate addressed the multitude areas of cooperation between the EU and Pakistan, based on the 5-year Strategic Engagement Plan signed in 2019.
  • Political and security issues, governance, human rights, migration, trade and energy, and regional and global affairs were in the focus of the discussion.

ZEE5, the World's largest streaming platform for South Asian content, to launch in the U.S. on June 22

Retrieved on: 
Thursday, June 10, 2021
Concurrent computing, Distributed computing, ZEE5, Streaming media, Marketing

- Largest streaming platform for South Asian content in terms of both geo-presence across 190+ countries and content catalog.

Key Points: 
  • - Largest streaming platform for South Asian content in terms of both geo-presence across 190+ countries and content catalog.
  • 1. in key South Asian markets within weeks of launch.
  • -The go-to destination for South Asian content across APAC and Middle Eastand fast expanding presence in Europe and UK.
  • MUMBAI, India and NEW YORK, June 10, 2021 /PRNewswire/ --After having won the hearts of millions of South Asians across the globe, ZEE5, the world's largest streaming platform for South Asian content, has announced its launch in the United States on June 22.

Muslim World League Brokers Peace Declaration between Afghan, Pakistani Representatives

Retrieved on: 
Wednesday, June 9, 2021
Military history by country, Man-made disasters, Military, Afghanistan conflict, Muslim World League, War in Afghanistan, Makkah Declaration

MAKKAH, Saudi Arabia, June 9, 2021 /PRNewswire/ -- The Muslim World League (MWL) is brokering an agreement between Afghan and Pakistani leaders and a diverse group of scholars to promote stability and security in Afghanistan based on the Islamic principles of peace and reconciliation.

Key Points: 
  • MAKKAH, Saudi Arabia, June 9, 2021 /PRNewswire/ -- The Muslim World League (MWL) is brokering an agreement between Afghan and Pakistani leaders and a diverse group of scholars to promote stability and security in Afghanistan based on the Islamic principles of peace and reconciliation.
  • The Declaration of Peace in Afghanistan agreement is supported by the government of the Kingdom of Saudi Arabia.
  • "Muslim leaders and scholars have an important role to play in promoting the true, moderate principles of Islam, and leveraging them to secure a sustainable peace in Afghanistan.
  • The agreement supports peace and reconciliation efforts in Afghanistan by uniting government and civil society leaders on key issues of national cohesiveness.

Pakistan Diesel Genset Market Report 2021-2027: Market Forecast by KVA Rating, Applications, Regions, and Competitive Landscape - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 9, 2021
Other Energy, Energy, Countries, World, International organizations, Genset, Pakistan, Diesel locomotive

The "Pakistan Diesel Genset Market (2021-2027): Market Forecast by KVA Rating, by Applications, by Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Pakistan Diesel Genset Market (2021-2027): Market Forecast by KVA Rating, by Applications, by Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
  • Pakistan Diesel Genset Market is projected to grow at a CAGR of 3.8% during 2021-2027.
  • Pakistan diesel genset market report comprehensively covers the diesel genset market by kVA ratings, applications and regions.
  • Historical data and forecast of Pakistan Diesel Genset Market Revenues and Volume, for the Period, 2017-2027F.