Day: January 10, 2022

Carrefour, owned and operated by UAE-based Majid Al Futtaim in Pakistan, has added a further Rs. 1 billion to its current investment of Rs. 9.5 billion in the country with the inauguration of a new hypermarket in Gujranwala.The new standalone hypermark…

Governor State Bank of Pakistan (SBP) Dr. Reza Baqir has responded to the criticism of him by the opposition parties, especially with reference to various conditions set by the International Monetary Fund (IMF) — for the renewal of a $6 billion loan fa…

Borrowing from banks by the private sector mainly to invest in businesses surged to a remarkable level of over Rs. 1 trillion in the calendar year of 2021.According to Prime Minister Imran Khan, credit to the private sector by banks surged to over Rs. …

The Auditor General of Pakistan (AGP) has assured the National Bank of Pakistan (NBP) of reviewing and finalizing the NBP Audit Report (2012-20), as the bank sought clarifications from the former on various statements and data included in the report.Po…