Pakistan Iran business forum to be held in Karachi
ISLAMABAD: While there still are many stumbling blocks in improving trade between Iran and Pakistan, a high powered business delegation of Iran...
Goldman Sachs chief Blankfein to retire soon
NEW YORK: Longtime Goldman Sachs chief executive Lloyd Blankfein is in talks to retire and has been contributing to the bank’s choice...
All set for World Islamic Finance Forum
KARACHI: World Islamic Finance Forum (WIFF) 2018 is to be held on March 19 and 20, 2018. AAOIFI Board of Trustees Chairman...
Mexico not expecting any eminent price shocks: central bank governor
ACAPULCO: Mexico’s central bank does not expect significant shocks to inflation in the short term, the bank’s governor said on Friday, unlike 2017...
Daniyal proposes amendment in loans for Agriculture, Commercial and Industrial Purposes Act 1973
ISLAMABAD: Minister for Privatisation Daniyal Aziz stressed the need for revisiting the Loans for Agriculture, Commercial and Industrial Purposes Act 1973, which...
Canadian dollar notches 1-week high as jobs rise
TORONTO: The Canadian dollar strengthened to a more than one-week high against its US counterpart on Friday, adding to gains after Canada...
SBP injects Rs1,141.7bn into money market
KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs1,141.7 billion into money market for seven days as reverse repo through its...
Overseas Pakistanis remit $12.8bn in first eight months of FY18: SBP
KARACHI: Overseas workers remitted $12.8 billion in first eight month of the current fiscal year (July-February), which is up by 3.4 per...
Standard Chartered declares pre-tax profit of Rs13.5bn, down 12.33pc YoY
LAHORE: Standard Chartered Pakistan announced its annual results for the year ended 31 December 2017, on Friday.
Profit before tax was Rs13.5 billion...
NBP inaugurates ‘Aitemaad’ islamic banking branch
ISLAMABAD: The National Bank of Pakistan (NBP) in its quest to promote Islamic Banking in Pakistan has inaugurated another new branch of...
Sindh Bank declares pre-tax profit of Rs2182.4mn
KARACHI: The Board of Directors of Sindh Bank in their meeting held on March 7, 2018, reviewed and approved the audited financial...
Adviser to PM on finance meets representatives of foreign banks
ISLAMABAD: Adviser to Prime Minister on Finance, Miftah Ismail held a meeting with senior representatives of various foreign banks based in Pakistan,...
Saudi government seeks to resolve Islamic tax dispute with banks
DUBAI: Crown Prince Mohammed bin Salman has directed the Saudi government to resolve a dispute with banks facing higher Islamic tax liabilities,...
Silk Bank announces Rs1135.2mn profit after tax for 2017
LAHORE:Â The Board of Directors of Silkbank Limited, in its meeting held on March 06, 2018, reviewed the performance of the bank and...
NBP admits opening account of absconder, proclaimed offender Ishaq Dar
ISLAMABAD: National Bank of Pakistan (NBP) has opened a bank account of an absconder and proclaimed offender, former finance minister Ishaq Dar,...