Category: IT news

Lahore (Muhammad Yasir) Supernet Limited (‘SNL’), a subsidiary of Telecard Limited has been awarded Shariah Screening Certificate by Meezan Bank Limited, based on the review of consolidated financial statements of SNL, certifying its compliance with KSE Meezan Islamic Index Criteria set out by Pakistan Stock Exchange, this was announced in a notice by Telecard sent…

NIC’s signs MoU with Huawei across Pakistan to accelerate Cloud and AI enablement for start-ups Islamabad (Muhammad Yasir) Advancing their mission to promote the startup ecosystem of Pakistan, Huawei Cloud signed MoU’s with National Incubation Centers in Islamabad, Lahore and Karachi, during the Huawei Cloud Summit Middle East in Dubai. The summit, the first major…

Karachi (Muhammad Yasir) Supernet Limited plans to raise Rs475 million through Initial Offering of its 18.81 per cent of post-offering share capital. The capital being raised by listing the firm on the GEM Board of the Pakistan Stock Exchange (PSX) will consist of fresh equity of Rs275 million in Supernet and ‘Offer for Sale’ by…

Lahore (Muhammad Yasir) Huawei released its 2021 Annual Report today, revealing that the company had maintained solid operations throughout the past year. As per the report, Huawei achieved USD 99.9 billion in revenue in 2021, and USD 17.8 billion in net profits, an increase of 75.9% year-on-year. The company’s R&D expenditure reached about USD 22.38…

Lahore (Muhammad Yasir) Terming the start of fully equipped Centre of Excellence of National Vocational & Technical Training Commission (NAVTTC), Islamabad, a milestone achievement, Federal Minister for Federal Education and Professional Training Shafqat Mehmood has said that the country direly needs skilled youth as it would play a significant role in creating job opportunities as…

Industry leaders to meet in Dubai for the first major HUAWEI CLOUD offline event of 2022.         •    Huawei and industry partners to discuss best practices and insights on how organizations can better leverage cloud and AI technologies. Lahore (Muhammad Yasir) Huawei, a leading global provider of information and communications technology (ICT) infrastructure and…

Karachi (Muhammad Yasir) Huawei and Pakistan Software Export Board (PSEB) recently signed a contract to offer cloud services to the Information Technology (IT) industry that will enable digital transformation in the public sector in Pakistan Cloud Summit 2022, Karachi. Federal Minister for IT and TelecommunicationMr. Syed Amin-ul-Haque and Federal Secretary IT and Telecommunication Dr. Muhammad…

Lahore (Muhammad Yasir) Leading global research firm, Everest Group®, has recognized NdcTech, an award-winning partner of Temenos, as a major contender in its Temenos IT Services PEAK Matrix® Assessment 2022. NdcTech is a leading service provider in the banking sector and has been a long-standing partner of Temenos for more than 20 years. The PEAK…

Karachi (Muhammad Yasir) The remote-work world that we embraced at the height of the pandemic has evolved with blended, hybrid environments now taking center stage. This will define the post-pandemic business landscape, according to Microsoft’s latest Work Trend Index (WTI).“The best of both worlds” is what employees surveyed in the WTI are after: 73 percent…

Contracts will help ZTBL strengthen the communication and IT infrastructure of their nationwide branch network Karachi (Muhammad Yasir) Supernet has been awarded multiple contracts worth over PKR 450 Million by Zarai Taraqiati Bank Limited (ZTBL) after competitive bidding process. The contracts will help ZTBL strengthen the communication and IT infrastructure of their nationwide branch network,…