Does the D in DFIs stand for Debt?
The financial institutions have overhauled their strategy and now resemble a leveraged fixed-income fund
Abraaj fleeced investors to plug shortfalls
Abraaj's legitimate business activities 'could not produce and maintain the cash flow and cash flow reserves necessary to conduct basic, day-to-day...
Govt employees to receive salary, pension raises of up to 35%
Govt proposes setting minimum wage at Rs32,000
The heir to Agha Hasan Abedi
How Abraaj’s downfall has echoes of the earlier scandal of BCCI’s collapse, and how it might impact the place of Pakistanis in global finance
Is this the end of Abu Dhabi group in Pakistan? And who is to blame?
A banker, a lawyer, and a Sheikh walk into a bar. What follows is not a joke, but a tale of high-stakes...
Bitcoin breaches $10,000 to hit highest level since October
Bitcoin is back above $10,000. The largest cryptocurrency’s recent upward momentum carried it past that psychologically significant level on Sunday for the first...
Omer Ismail makes it to Fortune’s most influential under 40 list
Omer Ismail, a Pakistani finance professional, has been named in Fortune's Most Influential Under 40 List for 2019.
The 39-year-old is the only...
Cabinet approves Rs100bn youth loan programme
Briefing the media about cabinet decisions here, Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said the cabinet held a thorough discussion on education policy and the new Rs100 billion youth loan programme.
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Pakistan, China to collaborate for innovative financial instruments
Chief Representative of CFFEX in Pakistan Mr You Hang along with PSX director calls on Finance Minister Muhammad Aurangzeb
Khushhali bank to force convert its hybrid debt into equity. But is it fair?
Khushhali Microfinance Bank might become the first institution to convert its Additional Tier 1 bonds to common equity. But what are the implications of this conversion?
Appointment of MD Pak China Investment Company referred to cabinetÂ
Finance Ministry has proposed the name of Hasan Raza for the position
NA committee fears majority of TERF loans parked in real estate
Machinery Imported with the TERF money was allegedly sold in the local market
China approves rollover of $2b SAFE deposits
IMF puts pressure on Pakistan to bridge $6b gap, urges bilateral partners to fulfill commitments
SBP’s shariah compliant liquidity explained
KARACHI: The State Bank of Pakistan (SBP) announced the introduction of Shariah compliant Standing Ceiling Facility and Open Market Operations (OMO) injections...