ISLAMABAD – Shaukat Tarin, Advisor to the Prime Minister on Finance and Revenue, stated on Saturday that the State Bank of Pakistan has received a $3 billion deposit from Saudi Arabia (SBP). While delivering the news, Shaukat Tarin praised Saudi Crown Prince Mohammed Bin Salman and the Kingdom of SaudiRead More →
ISLAMABAD: Pakistan’s trade imbalance reached a stunning $20.59 billion in the first five months of the current fiscal year, according to figures released on Friday by the Pakistan Bureau of Statistics (PBS). According to preliminary figures, the merchandise trade deficit increased for the sixth straight month in November, reaching $4.96Read More →
LAHORE, Pakistan — On Wednesday, the Lahore High Court said it could be obliged to declare an environmental emergency and halt schools and private companies for a week. According to facts, the LHC heard petitions on the province’s smog problem. Director PDMA briefed the court that the situation has improvedRead More →
KARACHI — On Monday, Saudi Funds granted a $3 billion loan to the State Bank of Pakistan (SBP). According to the terms, the sum of the agreement would be deposited in the State Bank of Pakistan’s income. On the other hand, Minister of Finance Shauqat Tarin met with Prime MinisterRead More →
LAHORE, Pakistan — Fawad Chaudhry, Federal Minister for Information and Broadcasting, has stated that the value of sports cannot be overstated in today’s society since it instils a spirit of perseverance in the face of adversity. On Saturday, he spoke with Pakistan Cricket Board (PCB) Chairman Rameez Raja. The PCBRead More →
The federal cabinet has accepted a deal to hold $3 billion in Saudi Arabian funding in Pakistan’s State Bank. The transaction was approved by the Cabinet via a dissemination summary on Saturday. The Saudi government agreed to keep a $3 billion reserve at the State Bank. The help will beRead More →
LAHORE, Pakistan – In interbank trading on Thursday, the US Dollar (USD) was valued at Rs174.98 versus the Pakistani Rupee (PKR). The value of the dollar has dropped by 6 paisa in the interbank market, according to data. The dollar had previously ended at Rs175.04 in the interbank market.Read More →
Reuters reports that Zoom Video Communications Inc’s (ZM.O) third-quarter sales growth rate dropped to 35% as demand for its video-conferencing tools fell from pandemic-fueled highs last year, sending the company’s shares down around 6% on Monday. Zoom reported $1.05 billion in revenue for the fiscal quarter ending Oct. 31, upRead More →
NAROWAL – Former Indian cricketer and politician Navjot Singh Sidhu hailed Prime Minister Imran Khan on Saturday for completing the Kartarpur corridor and praised Pakistan’s preparations for the 552nd birth anniversary of Bab Guru Nanak. Hundreds of Sikh pilgrims attended the festivities of Baba Guru Nanak’s birth, including Indian PunjabRead More →
ISLAMABAD, Pakistan – On Saturday, the price of 24 karat per tola gold fell by Rs 800 and was sold for Rs 123,800 on the local market, down from Rs 124,600 the day before. The price of a gramme of 24 karat gold fell by Rs 686 to Rs 106,138,Read More →
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