Banking & Finance

The State Bank of Pakistan (SBP) has introduced a new mechanism to enhance transparency and credibility in the compilation of open market exchange rates. This...

OneDegree, recognized as Asia's inaugural licensed insurer for digital assets, has joined forces with Dubai Insurance Company to bring digital asset insurance to the UAE....

Burgan Bank has received approval from the Central Bank of Kuwait (CBK) for the appointment of Fadel Mahmoud Abdullah as the Chief Executive Officer (CEO)...

In a landmark move to address regulatory gaps and consumer complaints related to digital lending apps, the Securities and Exchange Commission of Pakistan (SECP) has...

The Securities and Exchange Commission of Pakistan (SECP) has officially announced the adoption of the International Financial Reporting Standard (IFRS) 17 – Insurance Contracts. This...

In a significant legal development, the Sindh High Court has granted approval for the merger scheme, facilitating the seamless transfer of the entire undertaking and...

HSBC, a leading global financial institution, has announced the appointment of Nabeel Albloushi as the Head of Markets & Securities Services for the Middle East,...

Kuwait International Bank (KIB) has appointed Ma’ab Mohammed Qassem as the new General Manager of the International Banking and Financial Institutions Department. This announcement underscores...

In a recent announcement, Al Rajhi Bank, the second-largest lender in Saudi Arabia by assets, revealed the appointment of Abdullah bin Sulaiman Al Rajhi as...

The Securities and Exchange Commission of Pakistan (SECP) has officially revoked the registration of New Hampshire Insurance Company, Pakistan Branch, as an insurer. This decision,...