Faysal Islami Exchange Company Launches Operations in 10 Cities

Faysal Islami Exchange Company Launches Operations in 10 Cities

Islamabad, : Faysal Islami Currency Exchange Co. (FICEC), a wholly owned subsidiary of Faysal Bank Ltd. (FBL) officially commenced operations in ten cities, marking a significant development for Pakistan’s financial sector. The inaugural ceremony was graced by Mr. Yousaf Hussain, President & CEO FBL, Mr. Syed Muhammad Fraz Zaidi, Chairman, FICEC. Mr. Faisal Azim Lehri,…

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Kaspersky finds vulnerabilities in Chinese biometric access systems

High-security facilities worldwide using chinese biometric system are at risk: Kaspersky

Islamabad : Kaspersky has identified numerous flaws in the hybrid biometric terminal produced by International Chinese manufacturer ZKTeco. By adding random user data to the database or using a fake QR code, a nefarious actor can easily bypass the verification process and gain unauthorized access. Attackers can also steal and leak biometric data, remotely manipulate…

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Prince Rahim Aga Khan Inaugurates New Software Technology Park, Nasirabad, Hunza

Prince Rahim Aga Khan Inaugurates New Software Technology Park, Nasirabad, Hunza

Through a partnership between the Special Communications Organization (SCO) and the Aga Khan Foundation, Pakistan (AKF, P), the new Software Technology Park in Nasirabad, Hunza will support the sustainable development of Gilgit-Baltistan (GB) by providing uninterrupted power supply, high-speed internet, and a co-working space for small and growing start-ups, freelancers, and chambers of commerce. The…

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LUMS Study Reveals Taxation Impact on Pakistan’s Cigarette Sector

ISLAMABAD: A recent study by the Lahore University of Management Sciences (LUMS), titled ‘Impact of Taxation on the Cigarette Sector in Pakistan’, has uncovered a pressing issue that demands immediate attention-the impact of tax policies, particularly Federal Excise Duty (FED) adjustments, on Pakistan’s cigarette industry which is causing more loss to government in revenues loss…

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23% of businesses consider information protection a significant challenge: Report

Islamabad : According to a new Kaspersky survey, over one-third (39%) of geographically distributed companies identify building and maintaining a cohesive IT infrastructure across multiple sites as their primary concern. At the same time, 23% of businesses consider ensuring comprehensive information protection of all their offices most significant challenge.The recent Kaspersky’s report ‘Managing geographically distributed…

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Anti Tobacco NGO Scandal: HDF’s hidden relations with Tobacco Industry exposed

ISLAMABAD:  The hidden links of a leading anti-tobacco NGO with cigarette companies shook the development sector and government policymakers. These links also exposed the shady nexus between the leading tobacco trading business families and local and international non-government organizations. According to details, in 2021, Islamabad based leading anti-tobacco NGO Human Development Foundation (HDF) invited Mr….

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Govt importing urea to ensure uninterrupted supply to farmers: Rana Tanveer

ISLAMABAD: The federal government is taking steps to ensure uninterrupted supply of fertilisers to farmers by importing millions of metric tons of urea, said Federal Minister for Industries and Production and National Food Security Rana Tanveer Hussain while chairing a high-level committee meeting to review actions taken to ensure fertilizer supply chain and prices in…

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