ISLAMABAD: Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital financial services platform easypaisa, announced its financial results for the year ended December 31, 2023, marking a remarkable turnaround with a profit before tax of PKR 1.2 billion. This impressive performance and the securing of the In-Principle Approval for a Digital Retail Bank license from the State Bank of Pakistan in September 2023 are a testament to the Bank’s digital transformation journey. The Bank reported revenue growth of 70% year-over-year of PKR 28 billion, driven by 90% growth in net markup income from higher deposits and favorable rates, as well…
Author: Sajjad Ali
Sajjad Ali
Sajjad Ali is ‘Online Web Editor of Khyber News. He is a journalist by profession and working in field for the last ten years. Previously he worked for national media organizations including ‘The Nation’ Daily Pakistan Today, Khyber News. He also worked in media development sector. He can be reached at sajjad.sovereign@gmail.com
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The repercussions of this week’s unprecedented storm, which brought much of the nation to a standstill, continue to haunt the United Arab Emirates on Thursday. After the storm inundated Dubai’s runway on Tuesday, operations at the airport, a crucial travel hub, remain disrupted, leading to flight delays, cancellations, and diversions. Although international carriers are now able to receive inbound flights at Terminal 1, the airport still grapples with delays and disruptions in the air. Emirates, the largest airline at the airport, announced that it would commence passenger check-ins in Dubai at 9 am (0500 GMT) on Thursday, nine hours later…
US cricket officials have announced that Stuart Law, a former Australian cricketer, will lead the United States team as head coach for the upcoming Twenty20 World Cup, describing it as “an exciting opportunity.” Law, a 55-year-old former batter, will assume leadership ahead of a crucial three-match T20 series against Bangladesh next month. The US, along with the West Indies, is slated to host the World Cup in June. While the duration of Law’s contract with USA Cricket remains undisclosed, Law expressed enthusiasm, stating, “It is an exciting opportunity to join USA Cricket at this time.” With previous coaching stints with…
Heavy Rains in Dubai Cause Flight Disruptions, Stranding Pakistan Cricketers and Passengers Dubai experienced heavy rainfall, leading to widespread disruption in flight operations and leaving Pakistan cricketers and numerous other passengers stranded at airports, facing significant challenges. Former cricket captain Misbahul Haq and Kamran Akmal, among other Pakistanis, were among those impacted by flight delays and cancellations. Misbahul Haq and Kamran Akmal, en route to the US via Dubai, encountered lengthy waits at the airport due to the disrupted flight schedule. Expressing frustration, Misbahul Haq highlighted the ordeal of standing in line for hours just to communicate with airport staff,…
NEW YORK: The United Nations Security Council (UNSC) will vote today (April 18) on the request to grant full statehood to Palestine. Reports indicate that the 15-member Security Council will hold the vote at 3:00 pm. This follows a recommendation by the 193-member United Nations General Assembly to admit the State of Palestine into the United Nations. To pass, a council resolution needs a minimum of nine votes in favor, with no vetoes from the US, UK, France, Russia, or China. Diplomats anticipate potential support from 13 council members, which would force the US to exercise its veto power. The…
WhatsApp has unveiled a new feature called “chat filters” aimed at organizing users’ chats into different categories. The feature offers three filter options within the application: “All,” “Unread,” and “Groups,” prominently displayed above the chat list. When users select the “All” option, all their chats will be displayed, while choosing “Unread” will reveal only the chats that have not been read yet. The “Groups” option will specifically display chats related to group conversations or communities. WhatsApp emphasizes that the process is designed to be user-friendly and efficient, allowing users to quickly access the desired chat upon opening the application. This…
The Khyber Pakhtunkhwa Health Department has raised concerns about a potential dengue outbreak following recent rainfall and floods in the region. In response to these concerns, the provincial health department has devised a comprehensive action plan for dengue prevention, which has been submitted to the chief secretary for approval. Additionally, directives have been issued to establish a dedicated dengue control room within the Directorate General of Health Services. Key components of the action plan include timely elimination of dengue larvae and the allocation of 1,240 beds in government hospitals for dengue patients. Specifically, 300 beds will be earmarked for dengue…
ISLAMABAD: President Asif Ali Zardari will address to a joint session of Parliament today at 4:00 pm. Invitations have been extended to various dignitaries, including Chief Justice of Pakistan (CJP) Qazi Faez Isa, the Governors of the four provinces, and the Chief Ministers, urging their participation in the session. Additionally, a special invitation has been dispatched to the three service chiefs, including Chairman Joint Chief of Staff Committee (CJCSC) General Sahir Shamshad Mirza, to join the proceedings. Prime Minister Azad Kashmir, along with the Governor and Chief Minister of Gilgit-Baltistan, have also been formally invited to partake in the joint…
RAWALPINDI: Pakistan’s security forces have foiled an infiltration attempt by a group of seven terrorists from Afghanistan in the general area of Spinkai, Ghulam Khan, North Waziristan district, the Inter-Services Public Relations (ISPR) stated in a press release on Wednesday. According to ISPR, the terrorists attempt, made on 16 April 2024, was detected, surrounded, and engaged by security forces. Following an intense exchange of gunfire, all seven terrorists were killed. Moreover, a large cache of weapons, ammunition, and explosives was seized, ISPR stated. Pakistan has consistently been asking the Interim Afghan Government to enhance border management efforts on their side…
ISLAMABAD: The report submitted to the Islamabad High Court (IHC) on the petition against the shutdown of social media platform X, the Ministry of Interior said that the decision to shut down X was taken to maintain national security and law and order situation. In the IHC, the Ministry of Interior submitted a report on the petition against the suspension of social networking platform X. The Ministry of Home Affairs requested that the petitioner should be dismissed at the initial stage as no fundamental right of the petitioner has been deprived. It is further held that the application against the…
