PSX Announces Recipients Of The Top 25 Companies Awards 2022
In an exciting development for the capital markets and the economy as a whole, the Pakistan Stock Exchange announced the…
AAOIFI Issues Financial Accounting Standard 36 “First Time Adoption Of AAOIFI Financial Accounting Standards” Officially In Arabic
The Accounting and Auditing Organization for Islamic Financial Institutions (AOIFI) has finalized and approved for issuance the Arabic version of…
Germany Welcomes China’s Support For G20 Debt Restructuring Framework
On October 01, 2023, Germany welcomed a show of support from China for the G20 debt restructuring framework for poorer…
IMF Issues Working Paper On ‘Assessing Macrofinancial Risks From Crypto Assets’
The failures in the crypto space—including the fall of Terra USD and the FTX debacle—have sparked calls for strengthening countries’…
SECP Proposes Simplified Process For All Right Issues
The Securities and Exchange Commission of Pakistan (SECP) on September 28, 2023 has notified draft amendments to the Companies (Further…
FBR Surpasses Quarterly Target By Rs 63 Billion
For the first quarter of current financial year, FBR has collected Rs 2,041 billion (2022: 1644 billion) against assigned target…
Political Stability Following Elections To Boost Business Confidence In Pakistan, Says ADB Report
The Asian Development Bank (ADB) said in its recent report that political stability after upcoming elections in Pakistan could boost…
World Bank Cuts Pakistan’s GDP Forecast To 1.7 Percent For FY24
The World Bank has projected Pakistan’s GDP growth rate at 1.7 percent during the fiscal year 2023-24 (FY24), a downward…
SECP Publishes Latest Statistics of Insurance Industry
The Securities and Exchange Commission of Pakistan (SECP) on October 02, 2023, has published the latest statistics, providing a comprehensive…
BankIslami Pakistan Ltd Appoints Rizwan Ata As The New President And CEO
BankIslami, one of Pakistan’s leading Islamic financial institutions, has appointed Mr Rizwan Ata as its new President and CEO on…

