Press Releases

Karandaaz, Walee Launch Pakistan’s First Shariah-Compliant Financing Program for Women Entrepreneurs

Karandaaz Pakistan and Walee Financial Services have entered into a strategic partnership to launch “Khudmukhtar Khatoon”, Pakistan’s first Shariah-compliant, digital, asset-financing solution exclusively designed for women entrepreneurs. Karandaaz & Walee signing ceremony Launched as a Minimum Viable Product (MVP) phase, the project will focus on sectors with high participation from women entrepreneurs Islamabad, Pakistan, Oct. 23, 2025 (GLOBE NEWSWIRE) — ISLAMABAD, PAKISTAN – WALEE: Karandaaz Pakistan and Walee Financial Services have entered into a strategic partnership to launch “Khudmukhtar Khatoon”, Pakistan’s first Shariah-compliant, digital, asset-financing solution exclusively designed for women entrepreneurs. The partnership was formalised at a signing ceremony at Karandaaz, attended by senior leadership from both organisations. The Khudmukhtar Khatoon initiative addresses one of the most persistent barriers faced by women-led businesses in Pakistan: access to meaningful, growth-oriented finance. Unlike conventional loan structures, this program offers Shariah-compliant, asset-based financing, enabling women entrepreneurs to receive essential business assets rather than cash disbursements. By directly linking financing to productive inputs, the project ensures that resources translate into sustainable business growth. The program introduces a tier-based framework, enabling inclusivity for women at different stages of their entrepreneurial journeys, whether they are aspiring home-based business owners with limited records, or established, formally structured enterprises. Each tier is matched with tailored financing support aligned with business maturity and growth potential. Launched as a Minimum Viable Product (MVP) phase, the project will focus on sectors with high participation from women entrepreneurs: apparel and tailoring, food services, and beauty services. The MVP aims to serve as a testing ground for evaluating demand, operational processes, and product-market fit, paving the way for nationwide scale-up. The vision is to develop, test, and validate Pakistan’s first Shariah-compliant digital financing model tailored for women entrepreneurs. Representing Walee Financial Services at the ceremony were Noshad Minhas, CEO & Co-Founder; Adnan Akhtar, Head of Finance &

Tolaram and Toyota Tsusho Sign MoU to Explore Strategic Partnership in Africa

 SINGAPORE / NAGOYA, JAPAN – Media OutReach Newswire – 23 October 2025 – Tolaram Pte. Ltd. (“Tolaram”) today announced the signing of a Memorandum of Understanding (MoU) with Toyota Tsusho Corporation (“Toyota Tsusho”) to explore a strategic partnership focused on Africa’s consumer and infrastructure sectors. Left – Toshimitsu IMAI, President & CEO, Toyota Tsusho Corporation Right – Haresh ASWANI, Chief Executive, Tolaram Tolaram, with nearly five decades of presence in Africa, has significant investments in the manufacture and distribution of consumer goods as well as large-scale infrastructure projects such as Lekki Port and the Lagos Free Zone in Nigeria. Toyota Tsusho, which operates in 54 African countries under its guiding philosophy “WITH AFRICA FOR AFRICA”, brings deep expertise in mobility, healthcare, consumer products, and infrastructure development. The MoU provides a framework for discussions around potential collaboration in areas such as consumer products, infrastructure development, and joint business opportunities, including creating a platform that functions as a gateway for global companies wishing to enter Africa. Together, both companies aim to leverage their complementary strengths to contribute to Africa’s sustainable economic growth and address key social challenges through long-term, responsible business development. About Tolaram Tolaram is a family-owned, professionally managed business headquartered in Singapore, investing in emerging markets to build brands that drive growth. Established in 1948, Tolaram has evolved from a single retail shop into a diversified global enterprise spanning consumer goods, fintech, infrastructure, and industrial sectors across Africa, Asia, and Europe. Across Africa and the Middle East, Tolaram is among the largest consumer goods companies, producing and distributing food, beverage, personal and home care products with partners including Indofood, Arla, Kellanova, Colgate-Palmolive and Diageo. In Nigeria, Tolaram developed and operates Lagos Free Zone with an integrated deep seaport, Lekki Port. About Toyota Tsusho Toyota Tsusho Group is committed to the

Sage Intacct launches-best-in class cloud finance software for mid-sized businesses in the UAE

 Less manual work, more financial control and a platform that can grow with any business’s needs UNITED ARAB EMIRATES & SOUTH AFRICA – African Media Agency – 23 October 2025 – Sage, the leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses (SMBs), has launched Sage Intacct in the United Arab Emirates (UAE) – Abu Dhabi, Sharjah and Dubai – helping transform the way mid-sized businesses operate by providing real-time financial visibility, cutting-edge intelligent automation  and data-driven insights. Jordaan Burger, Managing Director for Sage AME   Sage Intacct is a cloud-native financial management and accounting platform designed to help growing organisations streamline and automate their finance operations. It provides capabilities such as multi-entity consolidation, real-time dashboards and reporting, and automated workflows for core accounting functions like orders, purchasing, and cash management. Built for scalability, Sage Intacct can support global operations with multi-currency, multi-entity structures and integrations with other business systems via open APIs. Gerhard Hartman, Vice President for Medium Business, Sage Africa & Middle East   Key features and benefits of Sage Intacct include: Making informed decisions: Dashboards and reporting give finance teams and business leaders real-time visibility into financials to help them make better, data-driven decisions. Simplifying financial operations: Finance teams will no longer need to manage tedious spreadsheet tasks and manual data entry, helping save time and reducing errors. Growing with confidence: The scalable platform grows with businesses, allowing them to add functionality as needed without disruptions. Enhancing accuracy with intelligent automation: Finance teams can easily harness the power of intelligent automation and machine learning to automate processes like outlier detection, and smart rules for bank reconciliation, thereby improving data accuracy and identifying potential fraud. Seamless integration: Finance teams can easily integrate Sage Intacct with other applications using its open architecture and library of APIs.

‫كافيه أمازون التايلاندي يسرّع من توسّعاته العالمية مع التركيز على الاستدامة والتأثير الاجتماعي

بانكوك، تايلاند – 23 أكتوبر 2025 – يُعزّز كافيه أمازون، إحدى أشهر علامات القهوة في دولة تايلاند، طموحاته الدولية بدخول أسواق جديدة وتحقيق شهرة عالمية. وقد تطورت السلسلة، التي تديرها شركة PTT لأعمال النفط والتجزئة، الشركة العامة المحدودة (OR)، من مجرد مقهى على جانب الطريق داخل محطات PTT إلى واحدة من أكبر سلاسل المقاهي في آسيا، بأكثر من 5,000 فرع حول العالم. تم مؤخرًا إعلان كافيه أمازون أنه الفائز بجائزة العلامة التجارية العالمية 2024-2025 من قِبل منتدى العلامة التجارية العالمية – وهو فوزه الثامن على التوالي – ممّا يسلّط الضوء على صعوده كعلامة تجارية تايلاندية ذات قوة للبقاء على الساحة العالمية. في الربع الثاني من عام 2025، باع كافيه أمازون أكثر من 107 ملايين كوب من القهوة – أي ما يعادل حوالي 1.2 مليون كوب يوميًا – بزيادة قدرها حوالي 5 ملايين كوب، أو 4.9% على أساس سنوي. ويعزى هذا النمو إلى توسّع فروعه واستمرار الطلب الاستهلاكي. وتتوسّع العلامة التجارية، الرائدة في السوق التايلاندية، في لاوس والفلبين واليابان وعُمان والبحرين من خلال نموذج امتياز مصمّم للحفاظ على معايير العلامة التجارية العالمية في التصميم والجودة والخدمة. يتجّسد جوهر هوية كافيه أمازون في التزامه بدعم مزارعي البن المحليين وممارسات الزراعة المستدامة، حيث تستورد الشركة حبوب البن من مزارعين في شمال تايلاند – بمن فيهم بانغ خون، وفاه لانغ، وماي وانغ، ودوي إنثانون – من خلال شراكات طويلة الأمد تُحسّن التقنيات الزراعية، وترفع دخل صغار المزارعين، وتُوسّع مساحة الغابات، وتُساهم في تنقية الهواء. في تايلاند، تعمل شركة OR على توسيع مركزها أواسيس في أيوثايا، بمساحة 200 راي، وهو مجمع متكامل يشمل التحميص، وإنتاج المخبوزات، والتوزيع، وأكاديمية لتدريب مسؤولي الضيافة والاستقبال. ويعمل المرفق جزئيًا بالطاقة الشمسية، كما يعمل بنظام خالٍ من مياه الصرف الصحي، ويخلق فرص عمل محلية جديدة، ممّا يُبرز استراتيجية شركة OR في ربط النمو التجاري بالمسؤولية البيئية. ما يزال التأثير الاجتماعي حجر الزاوية في نمو كافيه أمازون. وقد توسّع برنامجه ”

Search

General News