Kuwait’s Prime Minister Reshuffles Cabinet, Appoints New Finance Minister
Kuwait’s Prime Minister Sheikh Ahmad Nawaf al-Sabah has announced a cabinet reshuffle which includes the appointment of a new finance minister. The reshuffle
Finance
International
Banking
International
Saudi Arabia’s Social Development Bank loans $770m to SMEs and startups in Q1 2023
Saudi Arabia’s Social Development Bank has provided over $770 million in financing to more than 30,000 small businesses, startups, and self-employed individuals during
Finance
Pakistan
Pakistan finance minister cancels Washington trip
Pakistan’s Finance Minister, Ishaq Dar, announced on Saturday that he had cancelled his scheduled trip to attend the spring meetings of the International
Banking
International
Credit Suisse bankruptcy could have collapsed Swiss economy, says Finance Minister
Swiss Finance Minister, Karin Keller-Sutter, has stated that if Credit Suisse had gone bankrupt, Switzerland’s economy would have likely collapsed. In an interview
Banking
International
Yellen predicts US economic growth despite banking sector turmoil
US Treasury Secretary Janet Yellen remains optimistic about the growth of the world’s biggest economy, despite concerns over a potential recession due to
Finance
Pakistan
Progress made on importing Russian crude oil to Pakistan
Sources have informed The News that Pakistan State Oil (PSO) and the State Bank of Pakistan (SBP) are collaborating on establishing banking channel
Finance
International
PFC’s FY23 dividend beats PPF and EPF.
Investing in dividend-paying stocks can be a better option than risk-free small saving schemes such as PPF, EPF, and bank FDs. This is
Banking
Pakistan
KE partners with Bank Alfalah for cashback on bill payments via Alfa App and QR codes.
K-Electric, one of the leading electric supply companies in Pakistan, has recently announced a partnership with Bank Alfalah, one of the largest private
Finance
International
Tesla slashes prices on EVs in the US, analysts caution on impact to profitability.
According to recent reports, Tesla has lowered its prices in the United States by 2% to nearly 6%, as the company continues its
Finance
Pakistan
Pakistan receives commitment from Saudi Arabia for $2 billion loan
On Thursday, the government of Pakistan announced that Saudi Arabia has conveyed its commitment to the International Monetary Fund (IMF) for providing bilateral