Islamabad: The group’s president and executive director of the group PTCL & UFONE, Hatem Bammerf, has sparked serious concerns about the long delay in agreeing to the proposed merger in PTCL-TELENOR Pakistan by the Competition Committee in Pakistan (CCP), and a warning that further mitigating the costs and financial arrangements associated with it will be … Read more
Pakistan is scheduled to enhance climate flexibility through an enhanced partnership with International Finance Company (IFC), with a focus on climate financing, capacity building, and sustainable transport solutions. A four -member delegation, led by the International Director of IFC Jimmy Ferguson, met with the Climate Change Prime Minister, Romina Khorshid Allam, to explore the deeper … Read more
Islamabad: The investment arm in the World Bank for Investments is increasing in stocks and is looking to finance infrastructure on a large scale in Pakistan, in an investment plan that can open two billion dollars annually over a decade, Reuters The President of the International Finance Foundation was informed Mukhtar Diop as statements. The … Read more
HSBC and the World Bank’s International Finance Corporation will provide financing for trade deals worth up to US$1 billion to address the funding shortfall in emerging markets trade. The financing arrangement will see the two institutions equally sharing the risks of a portfolio of trade-related assets held by banks in 20 countries in Africa, Asia, … Read more