Stable customers’ deposits and high liquidity also remain key strengths, providing banks with ample low-cost funding.
The State Bank of Pakistan (SBP) released its first quarterly report on the state of Pakistan’s economy for the fiscal year of 2020 that stated progressive move as macroeconomic stabilisation process boosted with the initiation
Financial experts have welcomed the State Bank of Pakistan’s (SBP) decision to slash interest rate. SBP on Thursday cut its key interest rate by two per cent. The new rate has come down from 11 per cent to 9 per cent.
Pakistan cricketer Shoaib Malik on Friday confirmed his retirement from one-day cricket without making a farewell appearance in his side's victory over Bangladesh on Friday.
Powered by an unbeaten 110 by wicketkeeper batsman Jos Buttler and a fine unbroken stand of 162 runs with captain Eoin Morgan who scored an unconquered 71 (48), England won the second One Day International match against Pakistan by 12 runs in a high-scoring match at Southampton on Saturday.
The partnership has launched "Emirates Developers," a new real estate development company incorporated in Pakistan. Emirates Developers will build mixed-used resort-themed communities in the tourist hotspots of Pakistan.
Sheikh Abdullah Bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Ivory Coast Prime Minister Patrick Achi, reviewed the prosects of fostering cooperation between the two nations and exchanged views
Madiyar Menilbekov, Ambassador of Kazakhstan to the UAE, has emphasised that Expo 2020 Dubai constitutes a distinguished opportunity to develop the economic and trade ties between the UAE and Kazakhstan.