New CBUAE Rulebook Provides Financial Sector Stakeholders Further Accessibility to its Regulations
The Central Bank of the UAE (CBUAE) on June 21, 2023, has launched the Rulebook, a dedicated platform on its…
Collection of Duties/ Taxes on 27th, 28th & 30th June 2023
State Bank of Pakistan announced on June 24, 2023 that in order to facilitate the taxpayers, all Banks and SBP…
POL Import Bill Shrinks by 21.8 percent in 11 Month
The imports of the overall petroleum group contracted by 21.8 percent during the first eleven months of the current fiscal…
Pakistani Exporters Get Big Opportunity to Tap $15 Billion Chinese Boiled Beef Market
In a significant development in China-Pakistan bilateral trade, the Chinese customs has allowed the export of Pakistan’s boiled beef to…
SECP Amends Securities & Futures Advisers Regulations to Improve Investor Base
The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Securities and Futures Advisers (Licensing and Operations)…
FBR Holds Three Day International Conference
Federal Board of Revenue FBR held three-day International Conference on Digitalization of Taxes in Pakistan at FBR Headquarters in collaboration…
SBP Issues Revised Regulations for Electronic Money Institutions
State Bank of Pakistan has issued revised Regulations for Electronic Money Institutions (EMIs) on June 21, 2023, with the aim…
Saudi Economy Grew in 2022, Supported by Resilient Financial System
The Saudi Central Bank (SAMA) issued the Financial Stability Report 2023, which highlights key local and global economic developments and…
CBUAE Maintains the Base Rate at 5.15 percent
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility…
Federal Reserve Issues – Federal Open Market Committee (FOMC) Statement
Recent indicators suggest that economic activity has continued to expand at a modest pace. Job gains have been robust in…