IFC portfolio in Pakistan crosses $2.7b

[ Talks focus on scaling private investment, building pipeline of bankable projects Minister for Finance and Revenue Senator Muhammad Aurangzeb meets with IFC and World Bank officials in Islamabad on April 1 to discuss investment expansion, infrastructure development, and job creation. Photo: PID The International Finance Corporation’s (IFC) portfolio in Pakistan has grown to over … Read more

SBP facilitates teenagers to operate bank accounts, digital wallets

Launches new framework to empower youth to save securely and develop responsible financial habits State Bank of Pakistan. Photo: File The State Bank of Pakistan (SBP) said on Wednesday it has launched a new framework for teenagers’ accounts, enabling them to independently own and operate bank accounts and digital wallets. In a press release, the … Read more

Iran’s security council approves 6 Bangladeshi fuel ships to pass Strait of Hormuz

Development comes following Dhaka’s request to allow passing of oil tankers as fuel crisis grips south Asian nation Tankers are seen off the coast of Fujairah, as Iran vows to fire on ships transiting the Strait of Hormuz, amid the US-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 3, 2026. PHOTO: REUTERS Iran’s … Read more

US VP Vance spoke to Pakistani intermediaries about Iran conflict as recently as Tuesday: source

Vance ​signals privately that Trump is open to a ceasefire ⁠as long as certain US demands are met US Vice President JD Vance stands in the House Chamber prior to US President Donald Trump’s speech to a joint session of Congress at the US Capitol in Washington, DC, US, March 4, 2025.PHOTO: REUTERS United States … Read more