Source: Ministry of Foreign Affairs, Government of Pakistan |

SAPM Dr. Sania Nishtar briefs Diplomatic Corps on “Declaration on Establishing a Global Social Protection Knowledge Platform”

Foreign Secretary Sohail Mahmood highlighted the objectives of the briefing, noting that there was a greater realization today of the need to increase investments in social protection systems

Senator Dr. Sania Nishtar, Special Assistant to the Prime Minister on Poverty Alleviation and Social Protection, briefed the Heads of Diplomatic Missions in Islamabad at the Foreign Office today on the “Declaration on Establishing a Global Social Protection Knowledge Platform.” The Declaration is being steered by Pakistan in New York,…

United Nations Children’s Fund (UNICEF)
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    • Learning losses from COVID-19 could cost this generation of students close to $17 trillion in lifetime earnings
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Source: United Nations Children’s Fund (UNICEF) |

Learning losses from COVID-19 could cost this generation of students close to $17 trillion in lifetime earnings

World Bank-UNESCO-UNICEF report lays out the magnitude of the education crisis

This generation of students now risks losing $17 trillion in lifetime earnings in present value, or about 14 percent of today’s global GDP, as a result of COVID-19 pandemic-related school closures, according to a new report published today by the World Bank, UNESCO, and UNICEF. The new projection reveals that the…

United Nations Mission in South Sudan (UNMISS)
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    • Braving snakes and swampy waters, UNMISS peacekeepers from Pakistan responded to an urgent call by state officials in Bentiu to help prevent massive flooding and displacement by constructing four kilometers of dykes. Photo by Captain Muhammad Junaid Ud Din/UNMISS
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Source: United Nations Mission in South Sudan (UNMISS) |

Pakistani peacekeepers serving with UNMISS construct earthen dykes to prevent flooding in Bentiu

Swampy soil and snake-infested waters notwithstanding, Pakistani peacekeepers completed more than 4 kilometers of dykes in record time

Floods caused by heavy rainfall in Unity state have caused much suffering to local communities here. Recently, the state’s capital Bentiu was nearly submerged by a fresh deluge when Acting State Governor, Joseph Montyuil, requested urgent assistance from the United Nations Mission in South Sudan (UNMISS). Engineers from Pakistan deployed…

Meta
Source: Meta |

2Africa Extended to The Arabian Gulf, Pakistan and India

Now the Longest Subsea Cable System in the World

The 2Africa consortium, comprised of China Mobile International, Facebook (www.Facebook.com), MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC, announced today the addition of a new segment - the 2Africa PEARLS branch - extending to the Arabian Gulf, Pakistan and into India. This extension will bring the total length of…

Source: Temenos |

Silkbank Goes Live with Temenos Infinity to Supercharge Digital Banking in Pakistan

The improved digital onboarding and banking experience gives Silkbank a competitive edge

Pakistan’s Silkbank reimagines digital banking for retail and business customers with AI-powered Temenos Infinity to accelerate adoption, build engagement and drive market growth; digital banking powered by Temenos Infinity will help Silkbank to attract and retain customers and drive customer growth. Temenos (SIX: TEMN), the banking software company, today announced…

United Nations Children’s Fund (UNICEF)
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    • COVID-19 pandemic leads to major backsliding on childhood vaccinations, new WHO, UNICEF data shows
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Source: United Nations Children’s Fund (UNICEF) |

COVID-19 pandemic leads to major backsliding on childhood vaccinations, new WHO, UNICEF data shows

23 million children missed out on basic childhood vaccines through routine health services in 2020, the highest number since 2009 and 3.7 million more than in 2019

23 million children missed out on basic vaccines through routine immunization services in 2020 – 3.7 million more than in 2019 - according to official data published today by WHO and UNICEF. This latest set of comprehensive worldwide childhood immunization figures, the first official figures to reflect global service disruptions…

Temenos
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    • UBL signed an agreement with Temenos and NdcTech to modernize and scale its digital banking strategy across all channels. Picture shows the virtual signing ceremony, with Mr. Shazad G Dada, President & CEO UBL, (3rd left) & Ms. Ammara Masood, CEO & President NdcTech, (3rd right) along with senior executives of both organizations. Bottom picture (left to right:) Mr. Juan Cejudo, MD MEA – New Business Development, Temenos and Mr. Jean-Paul Mergeai, President Asia & MEA Temenos
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Source: Temenos |

UBL partners with Temenos and NdcTech to modernize and scale its digital banking strategy across channels

Through this agreement, the bank has embarked on a digital transformation journey across all channels, products and segments

UBL, Pakistan's fastest-growing digital bank, has signed an agreement with Temenos (SIX: TEMN) (www.Temenos.com) and National Data Consultant (NdcTech) to provide and implement a next-generation digital banking solution. As a pioneer of innovation in the Pakistani Banking industry, UBL, earlier this year, launched Pakistan’s first Islamic Digital Account and the…

Source: International Islamic Trade Finance Corporation (ITFC) |

Government of Pakistan and International Islamic Trade Finance Corporation (ITFC) signed New Framework Agreement amounting to US$ 4.5 billion

The Agreement will facilitate identification of other areas of cooperation at country and regional levels and to enhance and promote trade

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) signed a 3-Year Framework Agreement for a cumulative amount of US$4.5 billion with the Government of Pakistan in order to provide financing for the import of essential commodities such as crude oil, refined petroleum products, LNG and urea. Within the context of…

International Islamic Trade Finance Corporation (ITFC)
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    • Government of Pakistan and International Islamic Trade Finance Corporation signed Annual Financing Plan amounting to US$ 1.1 Billion (1)
    • Government of Pakistan and International Islamic Trade Finance Corporation signed Annual Financing Plan amounting to US$ 1.1 Billion (2)
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Source: International Islamic Trade Finance Corporation (ITFC) |

Government of Pakistan and International Islamic Trade Finance Corporation signed Annual Financing Plan amounting to US$ 1.1 Billion

The financing available through this facility will be utilized for import of crude oil, refined petroleum products and LNG during the year 2021

Makhdum Khusro Bakhtyar, Minister for Economic Affairs witnessed the signing ceremony of International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org) Annual Financing Plan 2021 for the Government of Pakistan, amounting to US$ 1.1 billion. The document was signed by Mr. Noor Ahmed, Secretary, Economic Affairs Division and Eng. Hani Salem Sonbol,…

Source: Temenos |

Bank of Khyber transforms to Temenos Core and Digital Banking Platform

Temenos technology supports Bank of Khyber’s strategic objectives to increase market share and drive sustainable growth by optimizing its banking operations and reducing operational costs

Bank of Khyber (“BoK”) (http://BoK.com.pk) which is a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, successfully went live with Temenos Transact (www.Temenos.com) the next generation core banking, Temenos Infinity digital banking platform, Financial Crime Mitigation and Analytics. The implementation was carried out by Temenos’ Middle East implementation partner based…