Central Bank Of The UAE And The People’s Bank Of China Renew Currency Swap Agreement and sign MoU To Enhance Collaboration on Central Bank Digital Currency Development
The Central Bank of the UAE (CBUAE) and the People’s Bank of China November 28, 2023 signed an agreement to…
CBUAE Hosts the Launch of Islamic Finance Infrastructure Organizations’ Declaration: Roadmap for Islamic Sustainable Finance
The Central Bank of the UAE (CBUAE) hosted a series of meetings and discussions with attendance from key Islamic finance…
SAMA Seeks Public Consultation on Draft Close-Out Netting and Related Collateral Arrangements Regulation
The Saudi Central Bank (SAMA) seeks public consultation on the draft Close-out Netting and Related Collateral Arrangements Regulation. In this…
Deposit Protection Corporation releases Annual Report for FY2022-23
The Deposit Protection Corporation (DPC), a subsidiary of the State Bank of Pakistan, has released its third Annual Report for…
PBA Enhances Financial Sector Resilience with Trade-Based Money Laundering Training
PBA continues its commitment to bolstering the financial sector’s defenses against trade-related risks by hosting a specialized training session on…
Government Of UK Borrowing Rises Ahead Of Autumn Statement
Government borrowing in October 2023 was higher than expected at £14.9 billion, largely pushed up by higher benefit payments, official…
FBR Establishes District Tax Offices All Across The Country To Broaden The Tax Base
As part of restructuring measures, Federal Board of Revenue has established 145 District Tax Offices which will focus on bringing…
Exports Increased By 30.0 percent To Rs 2.7 trillion In First Four Months Of FY24
The exports from the country in the rupee term witnessed an increase of 30.0 percent during the first four months…
HBL Finances Rs 1 billion For Solar Tube Wells To Boost Renewable Energy In Pakistan’s Agriculture Sector
Farmers are facilitated with easy and quick access to credit through the Bank’s vast rural footprint. The milestone fosters HBL’s…
Chikoo And Bank Alfalah Announce POS Payment Device Partnership
Chikoo, a leading digital business platform, and Bank Alfalah, one of the leading commercial banks in Pakistan, announced their strategic…