Hatem Bamatraf, President and Group Chief Executive Officer (CEO) PTCL and Ufone on Friday rejected market rumors of any merger… 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
Banks Investments Soar to Another All-Time High of Rs. 14.4 Trillion
The investment of the banking sector reached an all-time high in January to Rs. 14.4 trillion, mainly due to the… Read More
SBP Reserves Soar by $1.6 Billion
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed substantial inflows of $1.609 billion in the fifth week… Read More
Global Lenders Set Conditions for $700 Million Loan
The approval of two foreign loans worth $700 million has been delayed owing to the federating units’ unwillingness to accept… Read More
Pakistan Needs to Improve Economic Competitiveness: IMF Country Rep
Pakistan needs to figure out ways to bolster its economic competitiveness besides contemplating new measures related to tax. The resident… Read More
World Bank Mission Calls on Finance Minister to Discuss Ongoing Projects
Federal Minister for Finance and Revenue, Shaukat Tarin held a meeting with Country Director World Bank (WB), Najy Benhassine and… Read More
Ijara Capital Partners Ltd. Aims to Raise Rs. 5 Billion for Real Estate Projects
Pakistan’s Ijara Capital Partners Limited has constituted a new private equity fund to raise Rs. 5 billion (US$ 29 million)… Read More
UBL Wants to Acquire Telenor Microfinance Bank
United Bank Limited (UBL) has also shown its interest in the acquisition of Telenor Microfinance Bank through the purchase of… Read More
Japan is Providing Grant-in-Aid Assistance For Improving Multan’s Sewerage
The Ambassador of Japan to Pakistan, H.E. Mitsuhiro Wada, said that Japan is now providing grant-in-aid assistance for the improvement… Read More
Pakistan and China to Fast Track CPEC Phase-II
Prime Minister (PM) Imran Khan met with the Chinese President, Xi Jinping, at the Great Hall of People in Beijing.… Read More
