Finance Archives

International Islamic Trade Finance Corporation to Lend $3.285 Billion to Pakistan

The International Islamic Trade Finance Corporation has agreed to lend Pakistan $3.285 billion, its chief executive said on Thursday.… Read More

The government is setting up a $75 million fund for startups. The amount will be reserved for loans only and… Read More

Auditor General of Pakistan (AGP) office has once again raised concerns about the shady deal between Bank Islami and KASB… Read More

Soneri Bank is going to raise Rs. 4 billion Additional Tier 1 Capital, as redeemable capital, for meeting Basel III… Read More

Pakistan’s foreign reserves may drop below Cambodia’s in the upcoming months, Bloomberg reports.… Read More

Chairman of PSX, Muneer Kamal has said that the bourse is awaiting regulatory approvals to enhance its products’ portfolio in… Read More

Oil futures climbed on Wednesday to end at their highest level in nearly seven weeks. A surprise weekly decline in… Read More

Non-resident Pakistanis will benefit the most from the upcoming amnesty scheme, Haroon Akhtar says. Public office holders will not be… Read More

The PKR-US$ exchange rate in the interbank market closed at PKR 115 per US$ yesterday and witnessed an intraday high… Read More

The rupee has faced another devaluation as it now stands at a staggering low value against one US dollar.… Read More

Several tax cuts are in place for the stock market, Special Advisor to PM on Finance says.… Read More

Political leadership is in favor of the amnesty scheme, opposing the recommendations of the committee formed by the Supreme Court.… Read More