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Pakistan's HUBC seeks shareholder nod for $90M EV venture with BYD
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Pakistan's HUBC seeks shareholder nod for $90M EV venture with BYD

Power giant plans NEV assembly plant in Sindh, guarantees $55M financing as part of joint venture to expand Pakistan’s electric vehicle market

Pakistan’s central bank likely to cut interest rate in July 30 policy meeting
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Pakistan’s central bank likely to cut interest rate in July 30 policy meeting

A market poll shows growing consensus for a rate cut as inflation eases and yields drop in Pakistan

KIBOR falls by 64 basis points to 11.44%
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KIBOR falls by 64 basis points to 11.44%

The KIBOR is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi or "interbank" money market

Banks seek SBP waivers after signing PKR 1.275 trillion circular debt deal
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Banks seek SBP waivers after signing PKR 1.275 trillion circular debt deal

The deal with 18 banks and CPPA is the largest financing agreement in Pakistan’s history

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