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September 2, 2025
Business

1Link officially designated as payment system operators by SBP

The State Bank of Pakistan (SBP), under the powers conferred by Section 4(1) of the…

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CRISTIANO RONALDO
September 2, 2025
Travel

CRISTIANO RONALDO LAUNCHES UNREAL CALENDAR 

And Invites You To “Stay For More” in Saudi Tourism’s Latest Campaign “Saudi, Welcome to…

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The Central Depository Company of Pakistan (CDC) has onboarded Arif Habib Limited to its RAAST Aggregator Platform, marking a significant advancement in enabling secure, instant fund transfers for investors. This strategic integration, supported by Catalyst IT Solutions, furthers CDC’s mission to drive digitalization, transparency, and operational efficiency across Pakistan’s capital market. A signing ceremony took place at CDC House, where Mr. Badiuddin Akber, Chief Executive Officer of CDC, and Mr. Shahid Ali Habib, Chief Executive Officer of Arif Habib Limited, officially sealed the agreement. Under this system, CDC assigns each investor’s sub-account a unique RAAST Investment ID, formatted as an IBAN. When added as a beneficiary in the investor’s bank, funds transfer directly to the broker’s client account—settling within minutes and making them available for trading almost instantly. Commenting on the occasion, Mr. Badiuddin Akber stated, “The integration of Arif Habib Limited into CDC’s RAAST Aggregator marks a milestone in transforming how investors move funds. This platform delivers speed, security, and seamless responsiveness, meeting the evolving needs of Pakistan's capital market.” Sharing his view, Mr. Shahid Ali Habib added, “We are proud to partner with CDC on this initiative, which aligns with our commitment to innovation and investor-centric service. This RAAST integration brings greater convenience and confidence to our clients.” During the ceremony, the Arif Habib team was also briefed on CDC’s Asaan Connect onboarding tool, designed to simplify KYC processes for capital market participants. The initiative was warmly received, with both parties expressing intent to collaborate on future solutions enhancing investor facilitation and market accessibility. The onboarding of Arif Habib Limited adds to CDC’s expanding series of broker integrations—designed to elevate investor convenience, accelerate digital empowerment, and bolster trust in Pakistan’s capital market ecosystem. Previous integrations include Muhammad Munir Muhammad Ahmed Khanani Securities, AKD Securities, Chase Securities, EClear Services Limited, Zahid Latif Khan Securities, and Standard Capital Securities, with more brokerage firms set to join soon. Read More: Driving Digital Transformation: CDC Integrates RAAST Aggregator with AKD Securities
September 2, 2025
Business

Arif Habib Limited Joins CDC’s RAAST Aggregator for Real-Time Fund Transfers

The Central Depository Company of Pakistan (CDC) has onboarded Arif Habib Limited to its RAAST…

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Data Vault LIMS
September 2, 2025
Business Digital Technology

Data Vault, LIMS Sign Strategic Collaboration

Data Vault Pakistan, the country’s first AI-dedicated data center, signed a strategic collaboration with the…

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Tobacco
September 2, 2025
Business

Foreign Agendas Risk Sidelining Pakistan’s Tobacco Priorities

Pakistan debates the role of international NGOs in shaping its tobacco control policies, findings from…

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September 2, 2025
Auto

Indus Motor Company Reports Strong FY 2024–25 Performance with 56% Growth in Unit Sales

Indus Motor Company Limited (IMC) today announced its financial results for the year ended June…

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September 2, 2025
Auto

Europe’s July car sales rise most since April 2024, BYD ahead of Tesla

New car sales in Europe rose 5.9% in July, the best month for more than…

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Punjab Governor
September 2, 2025
Energy

Solar power vital to protect Pakistan from Floods and Climate Change: Punjab Governor

The Governor of Punjab Sardar Saleem Haider Khan has said that the renewable energy is…

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Fatima Fertilizer
September 2, 2025
Business

Fatima Fertilizer partners with King’s Trust International and SEED Ventures to empower Pakistani youth through Enterprise Challenge Pakistan

Fatima Fertilizer Company Limited (FFL) signed a Memorandum of Understanding (MoU) with SEED Ventures in…

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TuneMyMusic
September 2, 2025
Digital Technology

Spotify Unveils How Gen-Z is Redefining Music Discovery and Consumption in Pakistan

As the world marks two iconic occasions in August, International Youth Day and World Hip-Hop…

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