Saudi Arabia is edging closer to investing $1 billion in the Reko Diq gold and copper mine in Pakistan, Bloomberg… Read More
Washington: Pakistan Seeks Bigger Loan And More Funds For Climate Change From IMF
The Ministry of Finance has prepared the return document for a new and much larger loan program from the International… Read More
Saudi Arabia to Increase Deposits in SBP to $5 Billion
The Kingdom of Saudi Arabia has agreed to increase deposits in the State Bank of Pakistan from $3 billion to… Read More
UAE Maintains Strong Presence on 2024 Hurun Global Rich List With Numerous Billionaires
The United Arab Emirates (UAE) and its iconic city of Dubai continue to solidify their positions on the global stage,… Read More
RDA Lodges FIR Against Illegal Housing Schemes’ Owners in Rawalpindi
In a bid to maintain order and legality within its jurisdiction, the Rawalpindi Development Authority (RDA) has filed First Information… Read More
SBP Governor Expects $6 Billion Rollover Before June-End
Talks between Pakistan and China for rolling over a $2 billion loan will conclude in two weeks, Governor State Bank… Read More
Pakistan Seeks $250 Million Additional Financing From World Bank
Due to the success of the Crisis Resilient Social Protection (CRISP) program and the improved delivery capabilities of the Benazir… Read More
Japan to Provide Grant of $300,000 to 5 Pakistani NGOs
The Government of Japan has decided to provide grant assistance of up to USD 300,800 (equivalent to around Rs. 84… Read More
China Agrees to Roll Over $2 Billion Loan to Pakistan
China has agreed to extend the maturity of a $2 billion loan to Pakistan on existing terms. An agreement has… Read More
Toyota IMC to Invest Rs. 3 Billion in Local Production of Auto Parts
The Board of Directors of Indus Motor Company Limited (PSX: INDU) has approved an investment of around Rs. 3 billion… Read More
Korean Firm Acquires Shares in Pakistani Hydropower Entity
The Competition Commission of Pakistan (CCP) has approved a merger that will see a Korean company investing in Pakistan’s hydropower… Read More
EU Announces Additional €100 Million Grant For Flood Relief Efforts in Pakistan
The European Union fulfilled the pledge of an additional Euro 100 million grant to enhance post-flood resilience in Pakistan. The… Read More