The Islamic Development Bank’s €500 million sukuk, priced at mid-swaps +50 bps, finds strong demand and listings on Euronext Dublin and Nasdaq Dubai, advancing its Trust Certificate Issuance Programme.
Pakistan's local currency experienced a significant recovery against the US dollar after reaching an agreement with the IMF, providing relief to the market and boosting confidence in the economy.
Pakistan has ruled out any move against Palestinian interests, rejected participation in any mission to disarm Hamas, and clarified that no decision has yet been taken on joining an international stabilisation force, according to a high-level security briefing.
غزہ سے متعلق انٹرنیشنل اسٹیبلائزیشن فورس میں شمولیت پر کوئی فیصلہ نہیں ہوا، فیصلہ پارلیمنٹ کرے گی۔ تمام فیصلے پاکستان کے عالمی، سفارتی مفادات اور عوامی امنگوں کے مطابق ہونگے۔ پاکستان فلسطینی عوام کے خلاف کوئی قدم نہیں اٹھائے گا اور نہ ہی کسی ایسی مہم کا حصہ بنے گا جس کا مقصد حماس کو غیر مسلح کرنا ہو۔
Raqami Bank, backed by the Kuwait Investment Authority, is set to launch in Pakistan with a planned $100 million investment, positioning itself as the country’s first fully Shariah-compliant digital retail bank under the State Bank of Pakistan’s new digital banking framework.
Pakistan has been invited onto a US-backed Gaza peace board, a development that elevates its diplomatic profile and raises expectations on ceasefire, aid access and civilian protection.
Seven European allies have issued a rare joint statement backing Denmark and Greenland, warning that tariff threats and political pressure risk undermining transatlantic unity and Arctic security.