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Xiaomi 12 Series Redefines Flagship Category

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Xiaomi today announced the launch of the all-new flagship Xiaomi 12 Series for local markets, featuring two groundbreaking devices: Xiaomi 12 Pro and Xiaomi 12. Designed to empower users around the world with a cutting-edge videography studio and entertainment powerhouse, Xiaomi 12 Series delivers impressive advancements in Xiaomi’s AI algorithm, flagship processing power, and an all-round elevated experience. 

Capture cinematic shots at any time 

Xiaomi 12 Series enables users to record studio-quality shots no matter the scenario, be it challenging lighting conditions or moving objects. Both phones boast a pro-grade triple camera array for versatile shooting, starring a massive 50MP main wide angle camera, with 8K recording capabilities on both Xiaomi 12 Pro and Xiaomi 12.  Xiaomi 12 Pro stands out with its state-of-the-art triple 50MP array, which features a cutting-edge Sony IMX707 ultra-large main sensor. This sensor is capable of catching large amounts of light and empowers advanced imaging capabilities with faster focus speeds and increased color accuracy. Xiaomi 12 features a 13MP ultra-wide angle camera, along with a 5MP tele macro camera, for filming life from different perspectives.  

Beyond impressive hardware, Xiaomi 12 Pro and Xiaomi 12 also advance Xiaomi’s proprietary AI algorithms. These innovations make it easier than ever for users to record every moment the way they want to, even in low-light or moving subjects. Xiaomi ProFocus intelligently identifies and tracks objects, preventing blurring or out-of-focus shots of moving or veiled subjects. These advancements also include eye and face auto focus capabilities. Ultra Night Video uses Xiaomi’s proprietary algorithms to record video even under extreme low-light, meaning moody, atmospheric shots are clearer than ever.  

Available on both devices, One-click AI Cinema offers numerous creative options for show-stopping video editing, such as Parallel World, Freeze Frame Video, and Magic Zoom modes. 

Flagship processing, unprecedented performance and power-efficiency  

Flagship experience requires flagship performance. Xiaomi 12 Series features advanced Qualcomm® Snapdragon™ mobile platforms. Xiaomi 12 Pro and Xiaomi 12 boast a Snapdragon® 8 Gen 1 processor – Qualcomm’s most advanced mobile platform. Built on a 4nm process, this processor also boosts GPU graphic rendering capabilities by 30% and energy efficiency by 25% when compared to the previous generation. Both three devices come with UFS 3.1 exceptional loading and data transfer speeds, along with LPDDR5 RAM for memory speeds up to 6,400Mbps. For optimal product experience, Xiaomi 12 Series packs a high-performing cooling system, bolstered by a super-large vapor chamber and multiple layers of graphite to offer a leadingcooling capability. 

All-around elevated entertainment experiences 

Xiaomi 12 Series not only lets users capture every moment in exquisite detail, but also allows them to relive those moments in astonishing detail via an exceptional entertainment experience.  Both devices offer vivid viewing on an AMOLED Dot Display rated A+ by DisplayMate, and with TrueColor support. For added peace of mind, the display features scratch-resistant Corning® Gorilla® Glass Victus®, and supports Dolby Vision®, industry’s leading imaging technology that brings your content to life with vibrant color and details. Xiaomi 12 Series also supports HDR 10+. Xiaomi 12 Pro is SGS Eye Care Display Certified, showing care for users’ long-term visual health during marathon sessions.  

Meanwhile, Xiaomi 12 Pro redefines flagship display with incredibly smooth viewing, scrolling, swiping, and sliding. The device’s highly power-efficient 6.73-inch WQHD+ display leverages AdaptiveSync Pro to intelligently adjust dynamic LTPO display between 1Hz and 120Hz based on content. 

Xiaomi 12 delivers Xiaomi’s most colorful smartphone display to date, with more than 68 billion colors on 6.28-inch full-HD+ displays. Both feature 120Hz AdaptiveSync, for an impressively high-definition, vibrant, and flicker-free display that conveys every detail.  

 No cinematic experience is truly complete without pro-grade audio. Xiaomi 12 Series features SOUND BY Harman Kardon, and creates an immersive audio experience powered by Dolby Atmos®, delivering spatial sound with rich detail, clarity, and realism across all your favorite entertainment. Xiaomi 12 Pro’s quad speakers – in the form of two tweeters and two woofers – deliver clear details and cover an astounding range of sound. Xiaomi 12 delivers balanced stereo sound ideal for immersive gaming or video.  To optimize core user experience further, Xiaomi 12 Series incorporates MIUI 13, released globally earlier this year. The update includes faster storage, higher background process efficiency, smarter processing, and longer battery life. New features in the upgraded experience include Xiaomi’s proprietary Liquid Storage, Atomized Memory, Focused Algorithms, and Smart Balance. 

Next-generation charging 

Xiaomi 12 Series delivers pro-grade cinematic and entertainment experiences all day, the devices deliver next-level charging speed and safety.  

 Xiaomi 12 Pro features an incredibly fast 120W Xiaomi HyperCharge. With a 4,600mAh battery fully charged in just 18 minutes using Boost mode, Xiaomi 12 Pro delivers next-generation charging capabilities that keep up with user demands.  Xiaomi 12 fits a 4,500mAh battery into compact body designs. Xiaomi 12 Pro and Xiaomi 12 also support 50W wireless charging and 10W reverse charging.  Both leverage Xiaomi AdaptiveCharge, a smart charging algorithm that learns and adapts to charging habits, which prolongs battery life. 

Flagship capabilities packaged in an iconic design  

These portable pocket-sized studios fit comfortably in the palm of your hand thanks to Xiaomi 12 Series’ iconic and user-centered design. Slimmer high-capacity batteries and a narrower ridge gap save precious space within the device. Xiaomi 12 Pro’s 6.73-inch display is encased in a sleek middle frame with sophisticated 3D curves. Meanwhile, Xiaomi 12’s 6.28-inch display measures just 69.9mm in width and is accented by smooth curves for a perfect fit. Both devices are available in Gray, Purple, and Blue. 

Market Availability   

Xiaomi 12 Pro comes in one variant 12GB+256GB, and recommended retail price starts from PKR 208,999/-.

Xiaomi 12 comes in one variant, 12GB+256GB, and recommended retail price starts from PKR 179,999/-.

Purchase these devices and get a sweet bundle deal where you get a Mi Band 6 and a bag with the Xiaomi 12. Similarly with the Xiaomi 12 Pro, get a Mi Portable Bluetooth Speaker and a 10000mAh Mi Power Bank 3.  Available at top distributor partners such as Phonezo, Airlink, Smartlink etc. For those looking to purchase these online, we’ve news for you  too as these are also available on MiStore and Daraz. 

Quick Specs:

 Xiaomi 12Xiaomi 12 Pro
Display120Hz +  AMOLED DotDisplay120Hz 6.73” AMOLED Dot Display 
Rear Camera50MP main camera 13MP ultra-wide camera 2MP macro camera 5MP depth camera50MP wide angle, ultra-wide and tele macro camera
Front Camera32MP32MP in-display selfie camera
Dimension & Weight152.70mm x 69.90mm x 8.16mm – 180g163.60mm x 74.60mm x 8.16mm 205g
ProcessorSnapdragon ® 8 Gen 1Snapdragon ®r 8 Gen 1
Charging4500mAH – 67W charge4600mAH – 120W charge
Variant12GB + 256GB12GB + 256GB
Color AvailableGray, Purple & BlueGray, Purple & Blue

About Xiaomi Corporation  

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.  

Embracing our vision of “Make friends with users and be the coolest company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.  

Xiaomi is one of the world’s leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020.  

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index. 

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TECNO to launch its new Spark phone in Pakistan soon

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TECNO to launch its new Spark phone in Pakistan soon

After massive success in the Pakistani Mobile market, TECNO is rumored to be preparing for a new addition to its Spark series. The globally eminent smartphone brand TECNO has been working tirelessly in Pakistan for quite some time now. The brand has brought forward some great phones over the years with advanced technologies, pocket-friendly prices, and stylish designs. 

Spark is TECNO’s famous mid-range series, bringing you quality devices at lower prices. Spark 8C is an entry mobile that is expected to be around PKR 19,499 to PKR 22,999. The price is not confirmed yet but we are expecting it around this segment. The phone is going to be a stunner in this range with Stylish Design and great Battery.

According to sources, Spark 8C will be equipped with better memory and memory fusion features than any other phone in this range. Memory Fusion Technology is specially designed to channel RAM operations by using unused read-only memory (ROM). This means it can expand the memory of 4+128GB to 7+128GB and that of 3+64GB into 6+64GB maximum. The RAM can be updated or expanded from 3GB to 6GB and 4GB to 7GB depending on the variant. If this is true, then Spark 8C shall be the only smartphone to provide such an amazing feature with 128GB in such an affordable price range.

Moreover, the phone is anticipated to provide efficient performance with a powerful processor and big battery. The 90Hz refresh rate, great display, and handy body design will make it a user-friendly device. The phone is expected to launch somewhere in mid-March 2022. Furthermore, the phone is being assembled in Pakistan to make it economical and pocket-friendly for the local consumers. 

So, fingers crossed for this new Spark device to be soon launched in Pakistan. Stay tuned for more updates and much more about tech!

Jazz appoints Atyab Tahir as CEO JazzCash

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Jazz appoints Atyab Tahir as CEO JazzCash

Jazz, Pakistan’s leading digital operator (part of VEON Group NASDAQ: VEON, Euronext Amsterdam: VEON), announces the appointment of Atyab Tahir as the CEO of JazzCash effective May 1 2022.

Atyab, currently serving as Country Manager MasterCard Pakistan & Afghanistan, has over two decades of international experience in banking and consulting. Atyab has also held senior positions at Fidelity Investments, HBL, Telenor Bank and easypaisa. He holds a BA from Dartmouth College and an MBA from Babson College.

Commenting on Atyab’s appointment Aamir Ibrahim, CEO, Jazz  said: “While mobile phones and payment solutions have accelerated financial inclusion in the country, a significant portion of Pakistan’s adult population remain unbanked. I am confident that under Atyab’s dynamic leadership JazzCash will help boost financial inclusion across the board through innovative and customer-centric products.”

JazzCash is at the forefront of Pakistan’s digital revolution processing more than 5 million transactions every day and accounting for almost 7% of Pakistan’s GDP. Our aim is to build a world-class fintech serving every single Pakistani, from youth, SMEs, freelancers, with a very strong focus on the unbanked and the underbanked. I look forward to joining the Jazz family and collaborating with our partners in the telecommunications and financial services sector to unlock the true potential of Digital Pakistan.” said Atyab.

A division of Jazz, JazzCash has grown rapidly to become a leader in the country’s marketplace for digital financial services. As shown in VEON Group’s FY21 results that were released on 28 February 2022, JazzCash has 15.2 million monthly active users (+24.9% YoY) and 130,800 monthly active merchants (up by 2.3 times YoY). 

Jazz appoints Atyab Tahir as CEO JazzCash.

vivo V23 5G — The Best in Camera, Technology, Performance and Appearance

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Due to the constant development in the technology space for smartphones, there is always hype surrounding any new ‘firsts’ in the market. There is always excitement as to what will be introduced and how well it will be accepted by the audience. 

Keeping this in mind, Vivo’s latest smartphone vivo V23 5G finds itself in a similar situation. The day it was announced, it received a lot of attention for its color-changing design. The design itself represents a significant advancement in smartphone research and design. Making smartphones not only technologically superior but also cosmetically superior is a step forward.

The continual excitement and experience since the smartphone’s launch has not only solidified its market position but also demonstrated that it is a well-balanced phone that isn’t only focused on aesthetics.

Delving more into the device, the vivo V23 5G dons a high-resolution 50MP AF Portrait Selfie camera on the front. This device focuses heavily on the selfie experience which makes it stand out in the market. The latest ISOCELL 3.0 technology helps the camera increase light sensitivity to capture a more crystal-clear picture for the user. Furthermore, the Eye Autofocus feature enables the users to be the center of attention while clicking the picture as the camera focuses on the user, even if they are in motion. 

The dual front camera system offers a much larger field of view with the help of its 8MP Super Wide-Angle Camera. Furthermore, with modes like the AI Extreme Night Portrait mode, the front camera delivers an unparalleled experience in this price range. The phone also sports a 64 MP main rear camera with an 8MP wide-angle lens and a 2MP Macro that can handle wide natural landscapes very easily. The user experience is further increased with features like the Super Night Mode, Bokeh Flare Portrait, and Ultra Stabilization. It is only right to say that both, the front camera and the rear camera together offer a device that is picture-perfect. 

When it comes to the visual and performance aspects of this phone, there’s no doubt that it’s the best of what vivo has to offer. vivo has always been on the cutting edge of device design and aesthetics. It’s also fair to say that Vivo takes pride in its technological advancements and innovations. Every device that vivo introduces exemplifies this completion.

V23 5G brings out the result of Vivo’s extensive research which is the Color Changing Fluorite AG Design. This material changes its color upon exposure to ultraviolet light and after about 30 seconds under the sun. This switch goes back to normal once the phone is out of sun exposure. Talking more about the appearance of the device, it is the combination of the Metal Flat Frame Design and the Color Changing Fluorite AG Design that gives the device the aesthetic appeal that has been the talk in the industry for a while now. 

All these powerful features that the phone flaunts are powered by the powerful MediaTek Dimensity 920 processor. This processor offers powerful performance and a fast user experience. The Extended RAM 2.0 further enhances the user experience with its versatile features to expand RAM when required. The 90Hz refresh rate display, a Liquid Cooling System, and Ultra Game Mode make it possible for users to enjoy super smooth gameplay performance. This experience is mutually assisted by the 4200mAh battery that features a 44W FlashCharge that helps in interrupted experience and performance. 

To summarise it all, the vivo V23 5G is a proud and well-balanced device that fulfills the requirements of every smartphone enthusiast whether it is for work, casual, or professional usage.

 

Tech Giant XIAOMI launches anticipated Redmi Note 11 Pro – Packing major upgraded to hardwares & software!

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Xiaomi announced the Redmi Note 11 Pro for Pakistani markets, pushing forward the legacy of the Redmi Note series with two all-new devices: Redmi Note 11 Pro and Redmi Note 11. Rising to the challenge to bring even stronger specs and features, Redmi Note 11 series packs powerful upgrades to its camera system, charging speed, display, and SoC—making flagship-level smartphone performance more accessible than before. All this available in a bundle deal, with Redmi Buds 3 completely free.

Flagship-level 108MP quad camera to deliver outstanding photography

Boasting a rear quad camera setup, Redmi Note 11 Pro delivers an outstanding photography experience with zero compromise. Its 108MP main camera captures stunning images in high-resolution and vivid colors; an 8MP ultra-wide angle camera extends your perspective with a 118-degree viewing angle; a 2MP macro camera that captures fine details up close and a 2MP depth sensor that’s for capturing more natural looking portrait shots. Accenting the front of the phone is a 16MP front camera that can capture clearer and natural-looking selfies. The 108MP pro-grade main camera utilizes the Samsung HM2 sensor with a large sensor size at 1/1.52 inch, and supports 9-in-1 pixel binning technology as well as a dual native ISO to deliver incredible images in all lighting conditions, with spectacular results especially in dim light.

120Hz FHD+ AMOLED DotDisplay packed into trendy flat-edge body

Featuring a large 6.67′ FHD+ AMOLED DotDisplay with 120Hz display refresh rate, Redmi Note 11 Pro levels up the screen experience with smooth scrolling response and lag-free transitions. The beautiful display is packed into a body with a trendy flat-edge design. Plus, with the dual super linear speakers located at the top and bottom of the phone, Redmi Note 11 offers immersive stereo sound for gaming or watching videos.

Performance powered by 67W turbo charging and MediaTek Helio G96

Redmi Note 11 Pro comes with flagship 67W turbo charging, allowing you to charge up

to 51% of its 5,000mAh high capacity battery in just 15 minutes Powered by MediaTek Helio G96, Redmi Note 11 Pro also delivers a smooth and seamless performance.

Market availability:

Redmi Note 11 Pro comes in two variants – 6GB+128GB, and 8GB+128GB and are available at top distributor partners such as Phonezo, Airlink Communication, Smartlink and Tech Sirat. For those looking to purchase these online, we’ve news for you  too as these are also available on MiStore.

Redmi Note 11 Pro

6GB+128GB: PKR 51,999/-

8GB+128GB: PKR 59,999/-

Redmi Note 11 Quick Specs:

 Redmi Note 11
Display120Hz  6.67” FHD+ AMOLED DotDisplay
Rear Camera108MP main camera 8MP ultra-wide camera 2MP macro camera 2MP depth camera
Front Camera16MP in-display front camera
Dimension & Weight164.19mm x 76.1mm x 8.12mm 202g
ProcessorMediaTek Helio G96
Charging5,000mAh (typ) battery Supports 67W wired Pro fast charging
Variant6GB+128GB, 8GB+128GB
Available ColorGraphite Gray, Polar White, Star Blue

The Redmi Note 11 Pro is available at PKR 51,999/- for the 6+128GB variant and PKR 59,999/- for the 8+128GB variant. A bundle deal with Redmi Buds 3 absolutely free!

About Xiaomi Corporation

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.

Embracing our vision of “Make friends with users and be the Coolest Company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi is one of the world’s leading smartphone companies. The company’s market share in terms of smartphone shipments ranked no. 3 globally in the third quarter of 2021. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, more than 400 million smart devices connected to its platform as of September 30, 2021, excluding smartphones and laptops. Xiaomi products are present in more than 100 countries and regions around the world. In August 2021, the company made the Fortune Global 500 list for the third time, ranking 338th, up 84 places compared to 2020.

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

Zong 4G introduces Unbeatable International Roaming Bundles for 26 countries across Three Continents

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    Islamabad – September 16, 2020: Pakistan’s leading telecom company, Zong 4G, has introduced new Continental roaming bundles covering 26 countries across three continents: Europe, Asia, and America. The new offers are in continuation of Zong 4G’s ambition of providing seamless connectivity to Pakistanis traveling across the globe, especially during the present Covid-19 crisis. Offering the customers convenience of borderless connection, Zong 4G is offering unmatched and competitive roaming rates to Zong 4G’s customers across 26 popular tourist and business destinations.

    The Europe Continental Bundle covers Albania, Czech, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Portugal, Romania, Spain, Turkey, New Zealand, UK, and Switzerland. The customers can avail 60 Minutes, 60 SMSs, and 2GB Data with 30-day validity for PKR 5,000 + tax.

     

    The Asian Continental Bundle covers Qatar, KSA, Australia, UAE, Malaysia, Bangladesh, Sri Lanka, China, and Thailand. For PKR 5,000 + tax, users get 60 Minutes, 60 SMSs, and 1GB Data for 30 days. Whereas in the American Continental Bundle, users traveling to the US and Canada get 60 Minutes, 60 SMSs, and 1GB Data for 30 days for PKR 5,000 + tax.

     

    All postpaid bundles can be subscribed by visiting Zong Customer Service Centers or by visiting the nearest franchise. Customers can also activate bundles through Zong online store: https://www.zong.com.pk/onlineshop/ir-bundles

     

     

    “Zong 4G is a market leader in roaming services. As the only network carrier in Pakistan to offer such comprehensive and affordable international roaming options for the convenience of its customers,” said Zong 4G spokesperson.

    “The offers show our relentless commitment to customer-centricity where we proactively respond to the ever-evolving needs of our customers with unrivaled services and solutions. The goal, as always, is to deliver a seamless and accessible connectivity experience.”

     

    In addition to these international roaming bundles, Zong 4G has also unveiled offers for Australia, Iran, UAE, and China in the recent past to help Pakistani travelers stay connected with their friends and families amid the coronavirus outbreak. Last year, Zong 4G became the first Pakistani telecom operator to offer both prepaid and postpaid roaming bundles for China, empowering users with seamless connectivity while on the move.

     

    Zong 4G Invites Underprivileged Students at its HQ to Showcase Digital Innovation and Pakistan China Friendship

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      Zong 4G Invites Underprivileged Students at its HQ to Showcase Digital Innovation and Pakistan China Friendship

      Islamabad, 27th September 2017: Zong 4G, Pakistan’s No. 1 4G network hosted 10 underprivileged students from Mashal Model School at its headquarters as part of its corporate and social sustainability initiatives. Held under Zong 4G’s ‘A New Hope’ employees’ volunteer program, the activity was centred around Zong 4G’s commitment to making a meaningful impact on the wider community through its work with partner organizations.

      Featuring ten of the school’s brightest students, the visit comprised of a tour of CMPak headquarters where the students were briefed about the numerous departments and functions of a successful multi-national enterprise. Emphasizing the importance of customer care within the organization, students were also given a hands-on demonstration of Zong 4G’s state of the art customer contact centre. Here students took part in numerous activities designed to help develop their leadership and communication skills.

      Lauding Zong 4G’s ‘A New Hope’ Volunteer program, Director Mashal Trust Zeba Husain said, “Working with Zong has opened up a whole new level of possibilities for our students. The enthusiasm and dedication exhibited by all the volunteers is greatly appreciated. I hope that other corporations too follow suit and take such similar initiatives.”

      Zong 4G currently hosts Pakistan’s largest and longest running 4G Network. With plans to significantly expand its network footprint, the company remains committed to making a social as well as technological impact with a key focus on sustainability.

      State Bank Reserves Increase by $16 Million

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      Foreign exchange reserves held by the State Bank of Pakistan (SBP) recorded inflows of $16 million during the week ended February 20, 2026, reflecting a 0.1% week-on-week increase.

      According to the central bank’s weekly report released on Thursday, SBP’s reserves rose to $16.213 billion, up from $16.197 billion in the previous week.

      Total Liquid Reserves Cross $21.4 Billion

      Pakistan’s total liquid foreign exchange reserves increased by $106 million over the week, reaching $21.408 billion as of February 20, 2026, compared to $21.302 billion a week earlier.

      The overall improvement suggests steady external inflows supporting the country’s reserve position.

      Commercial Bank Reserves Remain Stable

      Net foreign reserves held by commercial banks stood at $5.195 billion, showing no change on a weekly basis.

      The combined figures indicate stability in Pakistan’s external account, with gradual improvements in central bank holdings contributing to overall reserve growth.

      FINCA Microfinance Bank issues PKR 1,500 million to PPTFC for SME sector

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           FINCA Microfinance Bank issues PKR 1,500 million to PPTFC for SME sector

        FINCA Microfinance Bank announced the registration of PKR 1,500 million Privately Placed Term Finance Certificate (PPTFC), furthering its strategy of diversifying its funding base to promote financial inclusion. This is the first PPTFC offering for FINCA Microfinance Bank in Pakistan and the denomination of each electronic instrument will be PKR 100,000. FINCA expects that the successful placement of this offering will allow it to continuously access Pakistan’s capital markets in the future.

        These instruments will be registered with the Central Depository Company (CDC) and will be traded electronically.  FINCA Microfinance Bank will have the option of drawing the entire amount in a lump sum or in three tranches at PKR 500 million each over a nine-month availability period. The tenor of the bond is 5 years.

        Andrée Simon, CEO of FINCA Impact Finance, said, “The success of this PPTFC offering is a clear testament to the strength of FINCA Impact Finance and our commitment to expand access to responsible financial services in Pakistan and around the world.”

        Roman Hingorani, CFO for FINCA Impact Finance, said, “FINCA Impact Finance is making tremendous strides in diversifying our funding base with bond offerings in three countries. We’ve moved from a heavy reliance on international borrowings to more local funding sources, helping us manage our foreign exchange and geographic risks. For customers around the globe, this reinforces our role as a reliable banking partner.”

         

        30000 Tube Well in Balochistan to go Solar, saving of 23 billion rupees subsidy and 900 MW electricity on cards

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          30000 Tube Well in Balochistan to go Solar, saving of 23 billion rupees subsidy and 900 MW electricity on cards

          Islamabad: November 2, 2017

          The Federal Government and Government of Balochistan have agreed to conduct immediate feasibilities within one month time for installation of thirty thousands (30000) solar tube well by replacing the existing conventional tube wells.

          The decision was taken toady in a meeting chaired by Federal Minister for Power Division Sardar Awais Ahmed Khan Laghari under special instruction of the Prime Minister Shahid Khaqan Abbasi. The meeting was attended by representatives of the Government of Balochistan, Ministry of Finance, Ministry of Planning and Power Division.

          The Meeting took stock of the entire spectrum of converting the existing thirty thousand tube wells on solar power. The meeting also decided that Quetta Electric Supply Company (QESCO) will also prepare its technical proposal regarding smooth transition from electricity to solar power. It was decided that both QESCO and Government of Balochistan will jointly prepare workable document spanning over the technical modalities as well the financial proposals for installation of these tubules within the time frame.

          Federal Minister for Power Division Sardar Awais Ahmed Khan Laghari expressing his views said that Government is paying 23 billion rupees per years as subsidy for these thirty thousands tube well and their conversion to solar power will result in lessening burden on national exchequer. Besides the conversion will also lead towards ensured power supply on affordable rates to the agriculturists yielding in increase in the productivity, he added.

          He Federal Minister also noted that presently the capacity of these thirty thousand tube wells is 900MW, and the conversion will also lead towards saving of the electricity. He said that all illegal connection associated with these tube wells will also be exposed and proper action can be taken. The electricity theft from these tube wells will also come to a stop, he added.

          The meeting was informed that Federal Government is ready to invest in the solar tube wells and will extend all out support in this regard. This step is bound to encourage off grid solution for the far flung areas of the Balochistan in the near future, the meeting was informed.

           

          NGLE celebrates another annual green mile

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          Ningbo Green Light Energy hosted its annual lunch at Royal Palm Golf Club. Ningbo services are available across the country which are helping to build Green and clean Pakistan.

          ngle-celebrates-another-annual-green-mile

          Encouraging consumers to switch to solar and save your high electricity cost. The event reiterates Ningbo’s strong commitment in investing in the growth and prosperity of solar industry. The event was held while following all Covid-19 SOP’s. The main highlight of the event was to award and appreciate the efforts of whole team who are the driving force of the company. Appreciating the Patrons holds a very significant position in Ningbo, they believe that it is  directly tied with job satisfaction, workplace happiness, and morale. Hence different awards were given to the entire team on the basis of their skills and efforts over the year.

          ngle-celebrates-another-annual-green-mile

          Moreover each department also discussed the new goals they have set for year 2021 and what steps would be taken by them in order to achieve company’s goals and targets. CEO of Ningbo Green Light Energy, Muhammad Qasim also delivered a speech in which he shed light on all the achievements this company has gained over the years

          ngle-celebrates-another-annual-green-mile ngle-celebrates-another-annual-green-mile

          Jazz, JazzCash, and Mobilink Bank Pledge PKR 100 Million Towards Flood Relief and Rehabilitation Efforts

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          ISLAMABAD – August 26, 2025: Jazz, Pakistan’s leading digital operator, together
          with JazzCash, and Mobilink Bank, has jointly pledged PKR 100 million towards flood
          relief and rehabilitation efforts. The initiative blends immediate humanitarian support
          with long-term recovery, representing a comprehensive private-sector response to the
          recent floods.

          Support will include free and subsidized telecom and digital financial services to keep
          families connected, relief providing essentials such as food, medicines, tents, and
          bedding, and a JazzCash matching grant to double customer donations in
          collaboration with welfare organizations, ensuring maximum impact for flood-hit
          communities.

          Commenting on the initiative, Aamir Ibrahim, CEO Jazz and Chairman Mobilink Bank,
          said:

          “Our PKR 100 million commitment reflects the shared resolve of Jazz, JazzCash, and
          Mobilink Bank to stand with the nation in times of crisis. By combining the power of
          connectivity, digital financial services, and sustainable banking, we aim to provide
          urgent relief and practical support to help flood-affected families.”

          Special attention under this program will be directed toward the needs of women and
          children through dedicated interventions addressing health, nutrition, and hygiene
          during the crisis. Looking beyond immediate relief, Mobilink Bank will spearhead the
          long-term rehabilitation phase through financing solutions designed to restore
          livelihoods, revive local economies, and strengthen resilience against future
          challenges.

          This integrated approach places Jazz, JazzCash, and Mobilink Bank at the forefront
          of private-sector disaster response, ensuring both immediate humanitarian assistance
          and sustainable recovery pathways for flood-affected communities across Pakistan.