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Preheat oven to 350 degrees F. Prepare 9-inch square baking pan by buttering it and dusting it with flour.
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Sift flour, baking powder and salt together. Set aside.
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Mix milk and 2 T. pomegranate molasses in another bowl. Set aside.
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In the large bowl of your stand mixer, cream butter and 3/4 granulated sugar together until the butter is a light yellow color and the mixture is fluffy. Add the eggs to the butter mixture, adding the eggs one at a time and mixing after the addition of each egg.
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Mix the flour and milk mixture into the egg/butter mixture by adding one-third of the flour then half the milk. Continue mixing ingredients ending with the flour. Mix the ingredients until they are just combined. Don't over mix.
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Pour the prepared batter into your pan and bake for 35 to 40 minutes or until a toothpick inserted into the center comes out clean. Cool the cake in the pan for about ten minutes and then run a sharp knife around the edge of the pan to release the cake. Turn the cake out onto a rack and then turn the cake right side up again.
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To prepare the glaze, whisk powdered sugar, cream and 1 T. pomegranate molasses together. If your glaze is too thick, add a bit of milk to thin it. Brush the glaze over your cooled cake, letting it drip down the sides.
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Prepare the glazed nuts to top your cake by combining them in a small nonstick skillet (over medium high heat) with 1 t. pomegranate molasses and 4 t. sugar. Stir the nut mixture constantly, watching carefully to be sure the mixture doesn't burn. You want the sugar to melt and coat the nuts. This will take about 1-2 minutes. Let the nuts cool. Break the nuts apart and arrange the nuts over the top of the cake.