Biden Nominates Former MasterCard CEO Ajay Banga to Head World Bank
US President Joe Biden on February 23, 2023, nominated former MasterCard CEO Ajay Banga to become president of the World…
Turkiye Slashes Policy Rate by 50 Basis Points as Country Continues to Reel from Earthquake
Turkiye’s central bank on February 23, 2023, slashed its policy rate by 50 basis points from 9 percent to 8.5…
US Regulators Warn Banks to be on Alert for Crypto-related Liquidity Risks
Top US banking regulators issued a fresh warning to banks to be on guard for any liquidity risks from cryptocurrency-related…
US Mortgage Interest Rates Jump to Highest Level Since November – MBA
The average interest rate on the most popular US home loan rose last week to its highest since November as…
Pak-China Desert Locust Control Cooperation Helps Protect Crops in Pakistan
Thanks to the joint efforts of both Pakistan and China, the desert locusts plague has finally been brought under control…
Automobile Prices Up By 149 Percent During 2018-23
Pakistan Business Forum (PBF) said on February 22, 2023, that automobile sector had raised the prices by 149 percent during…
SECP Issues Diagnostic Report on Islamic Finance
The Securities and Exchange Commission of Pakistan (SECP) has released a diagnostic report to document key issues and challenges for…
PAEC to Play Pivotal Role in Agriculture Research
Pakistan Atomic Energy Commission Chairman Dr Raja Ali Raza Anwar on February 23, 2023 said that the PAEC will continue…
SBP and PBA Convene Coordination Meeting to Address Banking Sector Challenges
The Pakistan Banks’ Association (PBA) and the State Bank of Pakistan (SBP) convened a coordination meeting on February 21, 2023,…
CBUAE Launches a Financial Infrastructure Transformation Program to Accelerate the Digital Transformation of the Financial Services Sector
In line with the vision of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the…