i2c Inc., an electronic payment and banking solutions provider, has announced that it has entered into a partnership with Qatar-based… Read More
PM Launches Pakistan’s First-Ever P2P Instant Payment System
Prime Minister Imran Khan launched Pakistan’s first instant person-to-person payment system ‘Raast’ developed by the State Bank of Pakistan in… Read More
Escorts Investment Bank Terminates Deal with Interested Parties
Escorts Investment Bank has terminated the sale-purchase deal with the interested acquirers of the shareholders in the bank — Syed… Read More
SECP Specifies Fixed Rate Mutual Fund
To facilitate growth in the mutual funds’ industry, the Securities and Exchange Commission of Pakistan (SECP) has prescribed the regulatory… Read More
Pakistan Obtained $3 Billion Saudi Loan on 4% Interest Rate: Tarin
Federal Minister for Finance and Revenue Shaukat Tarin told the Senate on Friday that the $3 billion loan from Saudi… Read More
MSCI to List Pakistan in Frontier Markets 100 Index in May
Investment research firm and stock markets index provider, Morgan Stanley Capital International (MSCI), has announced that the MSCI Pakistan Index… Read More
Govt Announces a 15% Increase in Employees’ Salaries
The Government of Pakistan has decided to give a 15 percent disparity allowance on running basic pay to underprivileged employees… Read More
SBP Allows Banks to Remit Fees Collected by Foreign Missions
The State Bank of Pakistan (SBP) has allowed commercial banks to facilitate the foreign missions, embassies, and consulates working in… Read More
ECC Approves Rs. 8.19 Billion for SDGs Achievement Program
The Economic Coordination Committee (ECC) of the Federal Cabinet has approved Rs. 8.19 billion for the Sustainable Development Goals Achievement… Read More
Pakistan Needs to Improve Economic Competitiveness: IMF Country Rep
Pakistan needs to figure out ways to bolster its economic competitiveness besides contemplating new measures related to tax. The resident… Read More
World Bank Mission Calls on Finance Minister to Discuss Ongoing Projects
Federal Minister for Finance and Revenue, Shaukat Tarin held a meeting with Country Director World Bank (WB), Najy Benhassine and… Read More
Ijara Capital Partners Ltd. Aims to Raise Rs. 5 Billion for Real Estate Projects
Pakistan’s Ijara Capital Partners Limited has constituted a new private equity fund to raise Rs. 5 billion (US$ 29 million)… Read More
