Pakistan has formally requested $3.5 billion funds from Saudi Arabia for the Diamer-Bhasha Dam. Saudis will respond to this request… Read More
Pakistan’s Next Big Mistake: Selling Reko Diq Stake to Saudi Arabia
Pakistan wants to sell a big chunk of its 25 percent stake in the Reko Diq mine in exchange for… Read More
World Bank to Provide $270 Million Additional Financing for CRISP Program
The World Bank will provide additional financing of $270 million for the Crisis-Resilient Social Protection (CRISP) program to support the… Read More
Saudi Arabia Edges Closer to Invest $1 Billion in Reko Diq
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