Tue, 21-Oct-2025

PTCL faces CCP scrutiny over $1 Billion Telenor deal amid 5G pressure

PTCL faces CCP scrutiny over $1 Billion Telenor deal amid 5G pressure

Pakistan’s telecom industry is at a crucial moment, and PTCL is under the spotlight for its big plan to buy Telenor Pakistan. Even though PTCL has secured a $400 million loan from the International Finance Corporation (IFC), questions are being raised about whether it can afford to spend $1 billion on acquiring Telenor Pakistan and … Read more

IFC boosts trade finance with Bank Al Habib to support imports

ifc

ISLAMABAD: The International Finance Corporation (IFC) is partnering with Bank Al Habib Limited, to support the import of essential goods and equipment into Pakistan and foster a sustainable recovery from the Covid-19 pandemic, a statement said. The IFC is enhancing its trade facility to Bank Al Habib Limited (BAHL) to enable it to support the longer-term imports of capital goods, … Read more

IFC partners with Engro to reduce plastic waste, minimise climate impacts

IFC

KARACHI: The International Finance Corporation (IFC) is partnering with Engro Corporation to help reduce plastic waste, promote recycling and boost the company’s energy efficiency, a statement said on Monday. The project is part of the IFC’s Pakistan Resource Efficiency Programme, which aims at improving the efficiency, cost-competitiveness, reliability, and productivity in the manufacturing sector, particularly … Read more