

Extension of Maturities for Repayments of Rediscount Credits and Advance Loans Against Investment Commitment for Companies in the Earthquake Zone: CBRT
The Central Bank of the Republic of Türkiye (CBRT) has taken the following decisions regarding extension of maturities for repayments…

Saudi Central Bank Announces Licensing First Foreign Insurance Company Branch in Saudi Arabia
The Saudi Central Bank (SAMA) announced the licensing of Cigna Worldwide Insurance Company; the first foreign health insurance company branch…

Money Transfers to Earthquake Donation Accounts, Turkish Central Bank
Member banks of the Banks Association of Türkiye (BAT) and the Participation Banks Association of Türkiye (TKBB) have been instructed…

US-China Trade Hits Record High Despite Rising Tensions
Trade between the US and China hit a record high last year even as their diplomatic relations deteriorated. Imports and…

Pakistan & Afghanistan Sign Draft Convention for Avoidance of Double Taxation
The delegations of Pakistan and Afghanistan met at the Federal Board of Revenue (FBR) House, Islamabad from February 1-3, 2023…

China Delivers Two Hualong-1 Nuclear Power Units to Pakistan: CNNC
China has officially delivered two Hualong-1 nuclear power units, which were developed with China’s homegrown third-generation nuclear power technology, to…

Fiscal Deficit Contained at 1.4 percent, Primary Balance Improves
The fiscal deficit during the first five months (July-November) of the current fiscal year has been contained at the same…

Fiscal Deficit Contained at 1.4 percent, Primary Balance Improves
The fiscal deficit during the first five months (July-November) of the current fiscal year has been contained at the same…

SECP Registers 2,409 New Companies in January 2023
The Securities and Exchange Commission of Pakistan (SECP) registered 2,409 new companies in January 2023. The total number of registered…

Pak-China Trade, Investment Center to Enhance Access of Pakistani Products to Chinese Markets
Pakistan Ambassador to China Moin ul Haque on February 8, 2023 participated in the groundbreaking of a dedicated Pakistan-China Trade,…