ECC Highlights Economic Stability and Growth Strategies Amid Record Low Inflation
The Economic Coordination Committee (ECC), chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, convened to discuss strategies…
P&G Pakistan, Imtiaz Group, and Akhuwat Join Hands to Empower Women Micropreneurs with Interest-Free Loans
P&G Pakistan, Imtiaz Group, and Akhuwat Islamic Microfinance have come together in a groundbreaking partnership to empower women micropreneurs through…
Federal Reserve Lowers Target Range for Federal Funds Rate to 4.25%-4.50%
The Federal Reserve has reduced its target range for the federal funds rate by 0.25 percentage points, bringing it down…
SBP Releases Foreign Exchange Rates for December 18, 2024
The State Bank of Pakistan (SBP) has released the official foreign exchange rates for December 18, 2024, offering vital reference…
KIBOR Rates Update: Key Borrowing Costs for December 18, 2024
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for December 18, 2024, offering valuable…
Meezan Bank Addresses Third-Party Data Breach Allegations, Compensates Affected Customers
Meezan Bank has compensated at least ten customers following allegations of unauthorized debit card transactions resulting from a potential third-party…
SBP Unveils Advanced eCIB System (V2) to Modernize Credit Reporting
The State Bank of Pakistan (SBP) has announced the launch of the new eCIB System (V2), an upgraded version of…
Pakistan Sees 27% Increase in Foreign Direct Investment in November 2024
Foreign direct investment (FDI) in Pakistan witnessed a significant increase of 27.14% in November 2024, reaching $219.2 million compared to…
SAMA Approves D360 to Begin Operations as a Licensed Digital Bank in Saudi Arabia
The Saudi Central Bank (SAMA) has officially granted approval for D360 to commence its banking operations as a licensed digital…
Pakistani Rupee Weakens Amid Dollar Demand, Analysts Project Positive Outlook
The Pakistani rupee experienced a minor dip of 10 paisas on Tuesday, December 17, 2024, closing at PKR 278.27 against…