This undated image shows a PIA plane pictured mid-flight. — AFP/FileThe consortium led by Arif Habib Corporation Limited has notified the Privatisation Commission of its intent to acquire the remaining 25% equity stake in Pakistan International Airlines Corporation…
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SBP, IFC sign deal to boost local currency lending in Pakistan
State Bank of Pakistan Governor Jameel Ahmad and International Finance Corporation Vice President and Treasurer, Treasury and Mobilisation John Gandolfo sign an agreement. — X/ @StateBank_PakSBP-IFC partnership aims to expand financing for private sector.IFC to manage currency…
US approves temporary sale of stranded Russian oil to India
A crude oil tanker sails in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. — ReutersWaiver issued to keep oil flowing into market.Russia won’t gain much benefit from it: US.US allows sale of oil as of March 5, 2026.
The US government on Thursday…
Banks to remain closed for public dealing on January 1
An undated picture of the State Bank of Pakistan’s building. — AFP/File
The State Bank of Pakistan on Tuesday announced a bank holiday across the country on January 1, 2026.
In a statement, the central bank said that all banks and financial institutions will remain closed for…