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,…
PM Forms Committee for Revival of STZA
Prime Minister Shehbaz Sharif while expressing dissatisfaction over the performance of the Special Technology Zones Authority (STZA), formed a committee…
PBA Hosts Round Table Discussion with World Bank’s South Asia Regional Director
The Pakistan Banks’ Association (PBA) recently welcomed Mr. Mathew Verghis, the World Bank’s South Asia Regional Director for Equitable Growth,…
PBA Facilitates Urgent Fundraising Zoom Meeting for Turkey/Syria Earthquake Victims
The Pakistan Banks’ Association (PBA) recently facilitated an urgent fundraising initiative in response to the devastating earthquake that struck the…
PBA Submits Feedback on Enterprise Technology Governance & Risk Management Framework to SBP
The Pakistan Banks’ Association (PBA) has recently shared its insights and feedback with the State Bank of Pakistan (SBP) concerning…
Central Banks Bought the Most Gold in 2022 – More Than Any Year Since 1967
Central banks added a whopping 1,136 tonnes of gold worth some $70 billion to their stockpiles in 2022, by far…
Saudi Central Bank: Insurance Sector Adopts IFRS 17 and IFRS 9
The Saudi Central Bank (SAMA) announces the formal adoption of International Financial Reporting StandardIFRS 17 Insurance Contracts and International Financial…
The Saudi Central Bank’s Decision on Repo and Reverse Repo Rates
In light of global monetary developments and taking into consideration the SAMA – Central Bank of Saudi Arabia’s objectives in…
CBUAE Raises the Base Rate at 25 Basis Points
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility…