Trends - International Finance Corporation

International Finance Corporation

Deal inked with IFC to accelerate e-mobility

ISLAMABAD: The Government of Pakistan and the International Finance Corporation (IFC) as a part of World Bank’s...

Updated 19 Apr, 2025 02:37pm

Macroeconomic reform, investment and sell-off: IFC willing to support key initiatives

ISLAMABAD: The International Finance Corporation (IFC) has expressed a strong interest in supporting Pakistan’s...

Updated 15 Apr, 2025 02:37pm

Business & Finance

IFC committed to ‘work closely’ with Pakistan, eyes investment opportunities

Finance Minister Muhammad Aurangzeb met with a high-level delegation of the International Finance Corporation (IFC),...

Updated 14 Apr, 2025 10:42pm

Pakistan

World Bank investment arm commits $300mn loan to Pakistan’s Reko Diq mining project

The World Bank’s private investment arm, International Finance Corporation (IFC), will provide $300 million in debt...

Published 10 Apr, 2025 10:38am

PM heaps praise on World Bank for cooperation

Says the investment by bank will usher in new era of growth, development across various sectors of the country

Updated 18 Feb, 2025 01:45pm

PM urges IFC to support key sectors

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday lauded the World Bank Group’s recently launched new decade-long...

Updated 15 Feb, 2025 02:56pm

Pakistan

Aurangzeb discusses Pakistan’s structural reforms with IFC chief

Finance Minister Muhammad Aurangzeb discussed key structural reforms undertaken by the government with Makhtar Diop,...

Updated 14 Feb, 2025 09:22pm

Risk sharing: HBL MfB, IFC ink $80m agreement

KARACHI: HBL Microfinance Bank (HBL MfB) has signed a $ 80 million Risk Sharing Agreement (RSA or the facility) with...

Updated 14 Feb, 2025 09:05am

Business & Finance

Cold chain industry slams Nepra for placing it in commercial tariff category

ISLAMABAD: The cold chain industry has slammed the National Electric Power Regulatory Authority (Nepra) for its...

Published 15 Jan, 2025 02:59am

Business & Finance

FINCA Microfinance Bank: CCP approves acquisition of 94.8pc stake

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of a 94.8 percent shareholding...

Published 14 Jan, 2025 03:12am

Pakistan

IFC, local banks to provide $52.2mn financing for tyre production in Pakistan

The International Finance Corporation (IFC), a member of the World Bank Group, and a consortium of Pakistani banks,...

Updated 23 Dec, 2024 08:53pm

Business & Finance

Acquisition of Telenor Pakistan: PTCL and IFC-led syndicate celebrate historic financing deal

KARACHI: Pakistan Telecommunication Company Limited (PTCL) and the International Finance Corporation (IFC) led...

Published 27 Sep, 2024 06:26am

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 of up to...

Published 29 Jun, 2024 06:40am

Markets

PTCL secures $400mn loan from IFC for Telenor Pakistan acquisition

Pakistan Telecommunication Company Limited (PTCL) has secured debt financing of up to $400 million from the...

Updated 28 Jun, 2024 05:35pm

Business & Finance

IFC informs body: ‘Outsourcing of Islamabad Airport: healthy competition likely on 15 July’

ISLAMABAD: A committee tasked to finalise the outsourcing plan of the country’s three airports was informed by the...

Published 14 Jun, 2024 06:31am

Business & Finance

DIBPL joins IFC’s global trade finance programme

KARACHI: Dubai Islamic Bank Pakistan Limited (DIBPL) has signed an Issuing Bank Agreement (IBA) with the...

Published 08 May, 2024 07:58am

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

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

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

Syngenta receives ‘Employer of Choice’ Gender Diversity Award 2023

KARACHI: Syngenta Pakistan Limited has been awarded the “Employer of Choice” Gender Diversity Award 2023 by the...

Published 10 Aug, 2023 06:35am

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

Opinion

Time to invest in ESG

The global community is working to transform the world by implementing sustainable development goals (SDGs) to...

Updated 21 Apr, 2023 02:56pm

Markets

World Bank’s IFC to provide Sri Lanka with $400mn financing

COLOMBO: The International Finance Corporation (IFC), the World Bank’s investment arm, said it will provide Sri...

Published 27 Feb, 2023 12:25pm

Pakistan

Climate change: 13 firms pledge to promote participation of women workers

KARACHI: Thirteen companies signed a pledge on Tuesday committing to advance the participation of their women...

Published 11 Jan, 2023 05:53am

Business & Finance

IFC sees ‘huge’ potential to boost investment in Africa

WASHINGTON: The World Bank’s private investment arm sees huge potential to boost investment in Africa and help...

Published 19 Dec, 2022 07:28am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	281.70
USD PKR Interbank Buying / May 16	281.50
USD to Japanese Yen / May 16	145.21
USD to Swiss Franc / May 16	0.83
Pound Sterling to USD / May 16	1.33
Euro to USD / May 16	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 15	5,916.93
Nasdaq / May 15	19,112.32
Dow Jones / May 15	42,322.75
India Sensex / May 16	82,241.91
Tokyo Nikkei / May 16	37,762.61
Hang Seng / May 16	23,345.94
FTSE 100 / May 16	8,686.51
Germany DAX 30 / May 16	23,854.97
France CAC40 / May 16	7,901.67

Item	Value
Karachi Cotton PKR/37.32 KG / May 15	16,985
Gold 10 Grams PKR / May 15	287,379
Crude Oil USD/Barrel / May 16	61.55
Gold Spot USD/Ounce / May 16	3,224.61
Cotton US¢/pound / May 16	65.53
Petrol/Litre / May 17	252.63
Diesel/Litre / May 17	254.64

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / May 16 First Equity Modaraba(FEM)	3.45 ▲ 0.6 (21.05%)
Pak. P.V.C. / May 16 Pakistan PVC Limited(PPVC)	8.40 ▲ 1 (13.51%)
First Capital Equities / May 16 First Capital Equities Limited(FCEL)	4.50 ▲ 0.52 (13.07%)
Dewan Mushtaq / May 16 Dewan Mushtaq Textile Mills Limited(DMTM)	10.83 ▲ 1 (10.17%)
AN Textile Mills / May 16 AN Textile Mills Limited(ANTM)	13.06 ▲ 1.19 (10.03%)
Sitara Peroxide / May 16 Sitara Peroxide Limited(SPL)	13.73 ▲ 1.25 (10.02%)
Fast Cables / May 16 Fast Cables Limited(FCL)	24.16 ▲ 2.2 (10.02%)
Pak Synthetics / May 16 Pakistan Synthetics Limited(PSYL)	62.34 ▲ 5.67 (10.01%)
Bawany Air Products / May 16 Bawany Air Products Limited(BAPL)	44.17 ▲ 4.02 (10.01%)
Kohinoor Mills / May 16 Kohinoor Mills Limited(KML)	32.09 ▲ 2.92 (10.01%)

Stock	Price
Parmount Sp. / May 16 Paramount Spinning Mills Limited(PASM)	3.16 ▼ -0.54 (-14.59%)
Tariq Corp.Pref. / May 16 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.14 ▼ -0.97 (-11.96%)
TPL Life Insur. / May 16 TPL Life Insurance Limited(TPLL)	47.57 ▼ -5.27 (-9.97%)
Apna Microfin. / May 16 Apna Microfinance Bank Limited(AMBL)	9.05 ▼ -0.99 (-9.86%)
Crescent Cotton / May 16 Crescent Cotton Mills Limited(CCM)	48.20 ▼ -5.26 (-9.84%)
Ellcot Spinning / May 16 Ellcot Spinning Mills Limited(ELSM)	101.65 ▼ -10.54 (-9.39%)
East West Ins. / May 16 East West Insurance Company Limited(EWIC)	52 ▼ -5.29 (-9.23%)
Shams Textile / May 16 Shams Textile Mills Limited(STML)	24.30 ▼ -2.43 (-9.09%)
B. F. Mod. / May 16 B.F. Modaraba(BFMOD)	7.95 ▼ -0.78 (-8.93%)
Olympia Mills / May 16 Olympia Mills Limited(OML)	46.20 ▼ -4.27 (-8.46%)

Stock	Volume
At-Tahur Ltd. / May 16 At-Tahur Limited(PREMA)	44,317,984 ▲ 0.21
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	32,148,988 ▼ -0.18
Lotte Chemical / May 16 Lotte Chemical Pakistan Limited(LOTCHEM)	28,049,504 ▲ 1.31
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	24,229,848 ▼ -0.52
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	18,507,342 ▼ -0.04
Pak Elektron / May 16 Pak Elektron Limited(PAEL)	18,144,829 ▼ -1.47
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	16,543,964 ▼ -0.02
Fauji Foods Ltd / May 16 Fauji Foods Limited(FFL)	15,849,609 ▲ 0.05
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,650,899 ▲ 0.64
Sui South Gas / May 16 Sui Southern Gas Company Limited(SSGC)	14,606,631 ▼ -1.2

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