WASHINGTON, July 21 (Reuters) - Pakistan has asked the United States for a $10 billion exchange stabilization facility, according to two sources briefed on the matter, which, if approved, could ...
US and Pakistan condemn Houthi Red Sea threats to shipping and Saudi Arabia
The United States and Pakistan on Wednesday condemned Yemen’s Houthi rebels for threatening commercial shipping in the Red Sea after the group announced a naval blockade against Saudi Arabia earlier ...
Pakistan Asks US for $10 Billion Exchange Stabilization Facility After Iran War Diplomacy
Pakistan has requested a $10B US exchange stabilisation facility, aiming to ease economic strain and bolster reserves amid IMF programme pressures.
Saudi Arabia redeems $4.56bln in sukuk, issues $4.56bln in new debt
RIYADH — Saudi Arabia's National Debt Management Center (NDMC) announced the completion of an early redemption of approximately SR17.1 billion in outstanding Ministry of Finance sukuk, alongside the ...
How Qi carried Iraq’s digital transformation story to the world’s largest fintech stage, Money20/20 Europe 2026
As fintech leaders, global payment networks, banks, and policymakers gathered at Money20/20 Europe 2026 -that was held in Amsterdam- to shape the future of financial services, Iraq had a different ...
Finance Minister: Turkey better off with debt guarantee
Turkey's Finance Minister Mehmet Simsek said Tuesday that the new regulation that offers debt guarantee for large-scale projects outweighs the risks. The treasury announced Saturday that it will ...
EXIM Thailand expands sustainable finance to strengthen Thai exporters’ ESG readiness
Export-Import Bank of Thailand (Exim Thailand) is advancing its sustainable finance products and services to support Thai entrepreneurs, particularly SMEs, in adapting to the evolving global trade ...
SwiftPay brings real-time fraud decisioning to Philippines
MANILA, Philippines — Financial scams are still a persistent threat in the Philippines as more than 60 percent of Filipino adults are targeted by financial scams each year. E-wallets are the leading ...
Treasury’s Bessent welcomes Pakistan’s reforms, push to return to capital markets
By Andrea Shalal WASHINGTON, July 22 (Reuters) - U.S. Treasury Secretary Scott Bessent met Pakistan's finance minister, Muhammad Aurangzeb, on Tuesday and welcomed the country's progress in ...
Treasury’s Bessent welcomes Pakistan’s reforms, push to return to capital markets
By Andrea Shalal WASHINGTON, July 22 (Reuters) - U.S. Treasury Secretary Scott Bessent met Pakistan's finance minister, Muhammad Aurangzeb, on Tuesday and welcomed the country's progress in ...