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Pakistan gets $500 million from AIIB

ISLAMABAD: Pakistan on Tuesday received $500 million from Asian Infrastructure Investment Bank (AIIB), the Ministry of Finance confirmed on Tuesday. “Government of Pakistan has today...

AIIB approves $500m as co-financing of ADP program for Pakistan

Asian Infrastructure Investment Bank (AIIB) on Wednesday approved 500 million dollars as co-financing of an Asian Development Bank (ADB) program for Pakistan, ARY News...

COVID-19 impact: AIIB approves $250 million loan to Pakistan

The AIIB has previously approved a loan of $500 million for Pakistan’s response to COVID-19.

AIIB president meets PM Imran, announces to invest in CPEC projects

BEIJING: Asian Infrastructure Investment Bank (AIIB) President Jin Liqun on Friday called on Prime Minister Imran Khan in Beijing and announced to invest in...

China-based AIIB assures to finance four projects in Sindh 

KARACHI: The Asian Infrastructure Investment Bank (AIIB) has shown interest to extend financial assistance to launch four projects in Sindh worth RS137.7 billion including...

China-led AIIB approves $320 mln in loans to Pakistan power projects

BEIJING: The China-led Asian Infrastructure Investment Bank (AIIB) approved loans totalling $320 million to energy projects aiming to ease severe power shortages in Myanmar and Pakistan, the bank said on Thursday.

China-backed AIIB approves first loans

BEIJING: The China-backed Asian Infrastructure Investment Bank (AIIB) approved its first four loans totalling over half a billion dollars, it announced Friday, as it joined forces with putative rivals to finance projects across Asia.

AIIB will boost investment in region: Xi

BEIJING: The new Asian Infrastructure Investment Bank will boost investment in the region while contributing to "fairer" global economic governance, Chinese President Xi Jinping said Saturday at the formal opening ceremony in Beijing.

Finance Minister signs AIIB articles of agreement for Pakistan

ISLAMABAD: Pakistan has signed the articles of agreement (AoA) amongst 57 other founding members of the Asian Infrastructure Investment Bank (AIIB) on Monday.

IDB puts Islamic finance on AIIB drawing board

SARAJEVO: The Islamic Development Bank (IDB) is in discussions with Chinese officials to study the use of Islamic financing in the planned Asian Infrastructure Investment Bank (AIIB), the head of the Jeddah-based multilateral lender told Reuters.

China says AIIB won’t be used for $46 bln Pakistan deal

BEIJING: China does not plan to use either its new Asian Infrastructure Development Bank (AIIB) or Silk Road fund to finance the $46 billion Pakistan-China Economic Corridor, with money to come from both countries instead, a senior diplomat said on Friday.
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