Global financial leaders vow support for Pakistan WASHINGTON: Leading global financial organisations including the World Bank (WB), Asian Development Bank (ADB) and... Updated 18 Apr, 2024 09:56am
Business & Finance Acquisition of TPL: IFC approves $400m debt financing to PTCL KARACHI: The Board of Directors of International Finance Corporation (IFC) has approved the debt financing up to ... Published 09 Apr, 2024 05:06am
Print Cooperation and investment: World Bank, IFC bigwigs discuss potential areas with Aurangzeb ISLAMABAD: The World Bank country director and International Finance Corporation (IFC) country manager on Monday met... Updated 02 Apr, 2024 08:46am
Print Private sector’s participation in Discos: IFC in talks with Power Division CCoP directs the Privatisation Commission to lead the process of offering the Discos through long-term concession with support from the Power Division Updated 24 Mar, 2024 05:09pm
Pakistan Airports’ outsourcing: Bid submission timeline extended till May 15th ISLAMABAD: The meeting of the Steering Committee on Outsourcing of Islamabad, Karachi, and Lahore Airports decided... Updated 16 Mar, 2024 09:43am
Opinion The half that matters When you say it is your “better half”, but you treat it as the “worse half” the worst happens. Women are the... Published 13 Mar, 2024 06:32am
Markets PSX marks global women’s day with gong ceremony KARACHI: Pakistan Stock Exchange (PSX) celebrated International Women’s Day 2024with a gong ceremony in... Published 09 Mar, 2024 04:59am
Print Remaining funds of first tranche of World Bank loan: ECC approves Rs7.6bn TSG for PKR cover ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a technical supplementary grant... Updated 06 Mar, 2024 09:23am
Print Discos: Govt refuses to appoint IFC as TA of privatisation ISLAMABAD: The caretaker government has reportedly refused to appoint International Finance Corporation (IFC) as the... Updated 28 Feb, 2024 08:58am
Markets Descon & IFC sign MoU to tackle annual post harvest losses KARACHI: In a groundbreaking initiative aimed at addressing the significant post harvest losses of wheat, rice, and... Published 03 Feb, 2024 05:46am
Print Pak-origin UK national Mahnaz becomes IFC Sanctions Board member ISLAMABAD: The World Bank (WB) has appointed Mahnaz Malik, a Pakistan-origin British national, as a Sanctions Board... Updated 14 Jan, 2024 10:40am
Business & Finance ‘Economic landscape is undergoing transformation’ due to SIFC: coordinator LAHORE: Coordinator for Minister of State and Federal Tax Ombudsman Meher Kashif Younis said on Sunday Pakistan’s... Published 25 Dec, 2023 05:42am
Business & Finance Bank Alfalah joins forces with IFC to embark on its green banking journey KARACHI: Bank Alfalah, a leading commercial bank in Pakistan and the International Finance Corporation (IFC)... Published 19 Dec, 2023 05:20am
Business & Finance IFC official, Shamshad discuss economic situation ISLAMABAD: Hela Cheikhrouhou, Regional Vice President of International Finance Corporation (IFC) for Middle East,... Published 15 Dec, 2023 03:12am
Print Commercial operation date: Nepra likely to grant Zorlu 4-month extension ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday hinted at granting extension for four... Updated 06 Dec, 2023 08:43am
Business & Finance SCBP, IFC sign risk-participation pact KARACHI: Standard Chartered Bank Pakistan has signed an un-funded Risk-Participation Agreement with the ... Published 14 Nov, 2023 05:08am
Print Caretaker govt tells Senate: PIA sell-off plan still there in line with IMF deal Caretaker minister for Information and Broadcasting Murtaza Solangi says PIA is still present on the privatization list Updated 11 Nov, 2023 05:08pm
Print Govt’s sell-off agenda attracts World Bank’s attention South Asia Practice Manager for Energy at the World Bank, and his team meets Fawad Hasan Fawad Updated 12 Oct, 2023 09:54am
Business & Finance CEOs of Discos to be appointed from Federal Service ISLAMABAD: The caretaker government has decided to appoint Chief Executive Officers (CEOs) of power Distribution... Published 29 Sep, 2023 06:24am
Print Contracts with IPPs, tariffs and ‘SOFR’: ECC tells PD to analyse impact of change, financial implications ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Power Division to analyze... Updated 28 Sep, 2023 10:18am
Print Protected gas consumers: Rs500 per mmbtu gas tariff hike under study ISLAMABAD: The federal government has been considering a proposal for increasing Rs500 per mmbtu gas tariff for 60... Updated 26 Sep, 2023 11:17am
Print Reform of Power Discos: IFC official shares vital steps with Fawad ISLAMABAD: Federal Minister for Privatisation, Fawad Hassan Fawad, held a meeting with the team of the International... Updated 26 Sep, 2023 09:32am
Business & Finance IFC commits $1.5bn in short, long-term investments ISLAMABAD: International Finance Corporation (IFC) committed approximately $1.5 billion in short and long-term... Published 14 Sep, 2023 06:07am
Pakistan World Bank’s IFC doubles investment commitments in Pakistan to $1.5bn in FY23 The International Finance Corporation (IFC), a member of the World Bank, committed approximately $1.5 billion in... Updated 13 Sep, 2023 04:55pm
Business & Finance Jazz announce as winner of 2nd ‘IFC-PBC Employer of Choice’ Gender Diversity Awards KARACHI: Jazz, a multi-sector telecom provider, was announced as the winner of the second “Employer of Choice”... Updated 10 Aug, 2023 05:22pm
Print ECC approves SSA for outsourcing Islamabad airport ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved State Support Agreement (SSA) for... Updated 09 Aug, 2023 08:52am
Print Islamabad airport to be outsourced for 15 years: govt ISLAMABAD: Federal Minister for Aviation Khawaja Saad Rafique on Friday informed National Assembly that Islamabad... Updated 22 Jul, 2023 09:46am
World World Bank’s IFC considers $1.5bn in investments in Ukraine banking, farming and infrastructure KYIV: The World Bank’s private investment arm is considering $1.5 billion in investments in Ukraine’s banking,... Published 21 Jul, 2023 06:30pm
Print Airport outsourcing: Dar seeks roadmap ISLAMABAD: Finance Minister Ishaq Dar emphasized receiving a roadmap with timelines for moving forward on a... Updated 13 Jul, 2023 09:17am
Print ECC approves Rs13.2bn TSG for PMRCL ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the cabinet has approved a technical... Updated 09 May, 2023 09:12am