The International Finance Corporation (IFC) and Habib Metropolitan Bank Limited (HABIBMETRO) have announced a new risk-sharing facility aimed at addressing the severe credit shortfall faced by Pakistan”s small and medium
According to official data, remittances sent by overseas Pakistanis saw a significant increase in the first month of the new year, reaching a substantial amount of 3.5 billion US dollars.
Global economic leaders have highlighted the critical need for emerging economies to implement a new phase of reforms centred on unleashing private sector potential to secure job-rich growth in an
Pakistan’s securities market has successfully executed a landmark shift to a Trade Date plus One (T+1) settlement cycle, a move that substantially reduces counterparty risk and enhances operational efficiency for
The United Arab Emirates’ commitment to invest $10 billion in Pakistan was a central point of discussion during a high-level meeting in Abu Dhabi, where Senate Chairman Syed Yousaf Raza
The local gold market witnessed a significant increase on Monday, with the per tola price of 24 karat gold reaching a new high of 524,762 rupees after an increase of
Meezan Bank of Pakistan has signed an agreement with Freedom Bank Kazakhstan to establish a Pakistani Rupee Vostro account, a significant step towards facilitating trade payments and enhancing financial cooperation
The severe suspension of water supply in Korangi SITE is paralyzing industrial activities across Karachi, leading to factory closures and posing serious threats to export orders and the national economy.
