The digital bank has been established with the support of the Kuwait Investment Authority
Raqami Islamic Digital Bank is set to commence its operations in Pakistan next month with an initial investment of one hundred million dollars.
The digital bank has been established with the support of the Kuwait Investment Authority.
Advisor to the Finance Minister, Khurram Shehzad has said the investment is a clear indication of global trust in Pakistan's improving economic conditions and ongoing structural reforms.
He said that investment cooperation between Pakistan and Kuwait in the financial and digital economy sectors is continuing to grow.
Khurram Shehzad said this investment will play a crucial role in accelerating Pakistan's digital transformation and strengthening the stability of the country's financial system.
The effective facilitation by the Special Investment Facilitation Council (SIFC) is paving the way for a modern, sustainable, and inclusive financial system in Pakistan.
663 Afghan Taliban operatives killed in Operation Ghazab lil-Haq
- 4 گھنٹے قبل
The world doesn’t have enough ammo for the Iran War
- 19 گھنٹے قبل
Reports circulating about closure of Islamabad’s airspace baseless: PAA
- 5 گھنٹے قبل
Six cops, including SHO, martyred in Laki Marwat blast
- 10 گھنٹے قبل
PTA successfully concludes assignment stage of NGMS/5G spectrum auction
- 10 گھنٹے قبل
How Epstein’s biggest financial client shaped millennial teen culture
- 19 گھنٹے قبل
Pakistan reaffirms solidarity with Saudi Arabia in true spirit of Mutual Defence Agreement
- 10 گھنٹے قبل
Deadly blast rocks Iran as leaders rally in show of defiance
- 7 گھنٹے قبل
Gold prices continue to fall in Pakistan, global markets
- 10 گھنٹے قبل
NDMA issues alert for rain, snowfall in country’s northern regions
- 4 گھنٹے قبل
PML-N's Nehal Hashmi sworn in as Sindh governor
- 9 گھنٹے قبل
Assailant dead after ramming vehicle into Michigan synagogue
- 9 گھنٹے قبل
