Mashreq Bank entry marks push towards digital economy: PM Shehbaz

Prime Minister Shehbaz Sharif on Tuesday stressed the urgent need to modernise Pakistan’s economy through digital tools, calling for a shift from conventional systems to a digitally driven model. Speaking at the launch ceremony of UAE-based Mashreq Digital Retail Bank in Islamabad, the prime minister said transitioning to a digital economy would enhance efficiency and expand financial inclusion nationwide. “The launch of Mashreq Digital Bank is a major development that will promote a cashless, digital transaction culture in Pakistan,” he said. The premier congratulated Mashreq Bank Chairman Abdul Aziz Al Ghurair on bringing the digital banking platform to Pakistan, and commended the Ghurair family’s contribution to strengthening economic ties between Pakistan and the United Arab Emirates.