

CPEC Created Over 155,000 Local Jobs in Pakistan
The China-Pakistan Economic Corridor (CPEC), which is marking its 10th anniversary this year, has played an important role in bilateral…

PM, Iranian President Jointly Open Mand-Pishin Border Market
Prime Minister Shehbaz Sharif and Iran’s President Seyed Ebrahim Raisi on May 18, 2023 jointly inaugurated the Mand-Pishin border sustenance…

State Bank Enhances Control Measures Requirements to Protect Customers from Digital Banking Frauds
In a major policy directive for combating the menace of social engineering and other digital banking frauds, State Bank of…

SECP Forms Special Committee for Companies Act 2017 Amendments, Seeks PBA’s Feedback
The Securities and Exchange Commission of Pakistan (SECP) has established a Special Committee to propose amendments to the Companies Act,…

CBUAE Imposes Administrative Sanctions on 8 Banks Operating in the UAE
The Central Bank of the UAE (CBUAE) imposed administrative sanctions on eight banks operating in the UAE, pursuant to Article…

Reserve Bank of Australia, Monetary Statement
At its meeting on May 02, 2023, the Board decided to increase the cash rate target by 25 basis points…

Google, Microsoft CEOs Called to AI meeting at White House
The chief executives of Alphabet Inc’s Google, Microsoft, OpenAI and Anthropic will meet with Vice President Kamala Harris and top…

Monetary Policy Statement by Bank Negara Malaysia
At its meeting on May 3, 2023, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to increase the…

CBUAE Commends 31 UAE National Graduates of its Advanced Certificate for Risk-Based Supervision Professionals Program
H.E. Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), attended a ceremony recognizing the graduation of…

SAMA Seeks Public Consultation on Draft Rules for Regulating BNPL Companies
The Saudi Central Bank (SAMA) seeks public consultation on the draft ‘Rules for Regulating Buy Now Pay later (BNPL) Companies.’…