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
Print Outsourcing of operations, land assets at three airports: TIP flags possible breach of PPP regulations KARACHI: Transparency International Pakistan (TIP) has flagged a possible breach of Public Private Partnership (PPP)... Updated 23 Apr, 2023 10:27am
Business & Finance Dar assures Aviation Division of support ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar chaired a meeting about civil aviation on Tuesday, ... Published 12 Apr, 2023 06:11am
Print Airports at Karachi, Lahore and Islamabad: IFC team assessing prospects for outsourcing of services KARACHI/ISLAMABAD: The World Bank’s International Finance Corporation (IFC) has begun working on the outsourcing ... Updated 11 Apr, 2023 09:59am
Pakistan Does airports’ outsourcing fall within scope of PPPA Act? ISLAMABAD: The Aviation Division is to outsource three airports on Public Private Partnership (PPP) mode, after the... Updated 07 Apr, 2023 12:55pm
Print Airports’ outsourcing: ECC approves draft TASA for hiring IFC as TA ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the draft Transaction Advisory... Updated 31 Mar, 2023 08:55am
Print Three airports: ECC all set to reconsider engaging IFC as transaction adviser ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to reconsider Aviation Division’s... Updated 30 Mar, 2023 08:28am
Print KPCL seeks Rs22.703bn from CPPA-G to settle liabilities ISLAMABAD: Karot Power Company (Pvt) Limited (KPCL) has sought an amount of Rs 22.703 billion from Central Power... Updated 28 Mar, 2023 08:52am
Pakistan PSX marks Women’s Day with gong ceremony KARACHI: Pakistan Stock Exchange (PSX) celebrated International Women’s Day with an elaborate Gong Ceremony at the... Published 09 Mar, 2023 06:23am
Print CSAIL seeks PMO’s help to get issues resolved ISLAMABAD: China Three Gorges South Asia Investment Limited (CSAIL) has sought help from Prime Minister Office (PMO)... Updated 12 Feb, 2023 09:43am
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
Print Agreements with IPPs: DFIs underscore need for amendments DFls are in the process of coordinating proposals for amendments to be made to the financing agreements and are sharing these with the IPPs to which they lend Updated 28 Nov, 2022 10:55am
Business & Finance KPCL urges CPPA-G to clear dues ISLAMABAD: M/s Karoot Power Company Limited (KPCL) has urged the Central Power Purchasing Agency-Guaranteed (CPPA-G)... Published 17 Nov, 2022 05:59am
Print Environmental, social risks: Financial sector must become sensitive to consequences: SBP governor KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Wednesday said Pakistan is one of the most vulnerable... Updated 10 Nov, 2022 09:07am
Print IMF, bilateral donors: Dar seeks more policy support for country ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar has called for greater policy support... Updated 17 Oct, 2022 09:56am
Business & Finance World Bank’s IFC taps blockchain for carbon offsets LONDON/NEW YORK: International Finance Corp (IFC), a World Bank affiliate, told Reuters on Wednesday it is backing a... Published 17 Aug, 2022 05:10pm
Business & Finance Mortgage finance market: $3.8bn additional loan volume can be created, says World Bank Group ISLAMABAD: An additional loan volume of $3.8 billion can be created in the mortgage finance market by existing and... Published 12 Aug, 2022 05:44am
Business & Finance IFC boosts private sector with record trade support KARACHI: IFC more than doubled its trade financing programme in Pakistan in fiscal year 2022 to support critical... Published 04 Aug, 2022 05:43am
Opinion Elusive corporate turnaround This article is not about sovereign states, political parties, celebrities and other boring stuff. It’s about... Published 27 Jul, 2022 05:23am
Business & Finance WB-IFC team visits Peshawar PESHAWAR: A mission from World Bank Group and International Finance Corporation (IFC) visited Peshawar. The mission... Published 20 Jun, 2022 05:51am
Pakistan IFC appoints new country manager for Afghanistan & Pakistan KARACHI: IFC has named Zeeshan Sheikh as its new country manager for Afghanistan and Pakistan. Sheikh will aim to... Published 10 May, 2022 06:20am
Pakistan IFC appoints new director for ME, Afghanistan & Pakistan KARACHI: IFC has named Khawaja Aftab Ahmed as the regional director for the Middle East, Pakistan, and ... Published 15 Apr, 2022 05:29am
Business & Finance IFC enhances trade facility for private Pakistani bank The World Bank Group member wants to help Bank AL Habib with import of equipment, machinery and tools Updated 17 Mar, 2022 04:17pm
Pakistan Sindh govt, IFC sign pact: Project aimed at boosting water supply to Karachi KARACHI: The Sindh government and the IFC, a member of World Bank Group, signed a landmark agreement on Tuesday at... Published 08 Dec, 2021 06:22am
Pakistan IFC, Engro Corp to step up fight against climate change KARACHI: To step up the fight against climate change in Pakistan, International Finance Corporation (IFC) is... Published 07 Dec, 2021 06:29am
Business & Finance Systems Limited announces investment from Bill & Melinda Gates Foundation Its subsidiary, a microretailer digitisation and payment platform, has received the investment, but amount of funds not disclosed Published 17 Nov, 2021 12:57pm
Business & Finance Many private cos struggling to reach gender diversity targets: survey LAHORE: Many private companies in Pakistan are still struggling to reach gender diversity targets, while fewer than... Published 29 Sep, 2021 03:59am
Pakistan Housing for low-income groups negligible despite high demand: study KARACHI: The supply of housing for low-income groups in Pakistan remained negligible despite high demand, while the... Published 22 Sep, 2021 03:48am