Kathmandu: Nepal's Prime Minister Balendra Shah, who had avoided one-on-one meetings with foreign officials since taking office, held his first such meeting on Tuesday with visiting ...
Interview: Uzbekistan’s largest lender bets on retail banking as reforms transform financial sector
By Ben Aris in Berlin The National Bank of Uzbekistan, the country’s largest commercial bank, is betting that the next phase of the country's economic transformation will be driven not by state-backed ...
J.P. Morgan backs financing for Iraq’s $1.6 billion Basra industrial project
KAR Electrical Power Plant Production Trading FZE (KEPPT) has hired J.P. Morgan to arrange development finance for a $1.6 billion urea plant in Basra, one of Iraq’s […] ...
Invesco India Financial Services Fund leads banks & financial services sectoral mutual funds in one-year CAGR returns; delivers 7.2% gain
Invesco India Financial Services Fund delivered 7.2% CAGR returns over the last one year and 18.0% CAGR over three years, according to ACE MF data on July 6.
Will the Iran-US MoU reshape economic relations in the Gulf?
The memorandum envisages sanctions relief and a reconstruction fund, but investors remain wary of security risks ...
IIFL Finance Says Co-Lending Can Accelerate India’s Last-Mile Credit Delivery
IIFL Finance today said co-lending partnerships between banks and non-banking financial companies (NBFCs) can play a transformative role in expanding affordable formal credit to underserved borrowers, ...
Nine police officers killed in Pakistan attack, say local officials
Gunmen opened fire on police guarding the construction of a dam in the Balochistan province, the deputy commissioner says.
Militants kill 9 police officers in attack on post in southwest Pakistan
Authorities say dozens of militants overnight attacked a police post overnight in insurgency-hit southwestern Pakistan, triggering an intense gunbattle that killed nine police officers and wounded ...
Pakistan: 9 police officers killed after militant attack on dam project checkpost in Balochistan
At least nine police officers were killed and several others went missing after gunmen attacked a security checkpost guarding a dam construction site in Pakistan’s Balochistan province.
Pakistan court frees Christian man in rare blasphemy verdict, cites weak evidence and witness testimony
A Pakistani court has acquitted a Christian man accused of blasphemy after finding no direct evidence linking him to the alleged offence.