ISLAMABAD – On Tuesday, the Saudi Fund for Development announced a “generous instruction” to deposit US $3 billion with the State Bank of Pakistan to help the government maintain its foreign currency reserves and deal with the effects of the Corona outbreak. The deposit of US 3 billion dollars wasRead More →
ISLAMABAD – The Pandora Papers have uncovered further levels of corruption in Nawaz Sharif and Asif Ali Zardari, according to Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain. He said in a tweet that Sharjeel Memon and Ali Dar, Nawaz Sharif’s son-in-law and Ishaq Dar’s son, had no statusRead More →
ISLAMABAD, Pakistan – During a phone chat on Thursday, Prime Minister Imran Khan and Iraqi Prime Minister Mustafa Al-Kadhimi expressed a willingness to deepen bilateral cooperation between the two nations in a variety of sectors, including commerce, investment, infrastructure development, and religious tourism. The Prime Minister wished the Iraqi governmentRead More →
Prime Minister Imran Khan unveiled Pakistan’s first domestically produced electric motorbike on Thursday.The prime minister said the debut of the electric motorbike was a “futuristic stride” and that his government’s new electric vehicle (EV) policy laid out a strategy and established a future direction at a ceremony in Islamabad.The introductionRead More →
Chinese Foreign Minister and State Counselor Wang Yi vowed Wednesday that despite changes in international politics, China will remain committed to Pakistan. Yi was speaking at a conference organised by the Pakistan-China Institute (PCI) to commemorate 70 years of Pakistan-China ties titled “Pakistan-China At 70: A Unique Bilateral Partnership.” FMRead More →
ISLAMABAD :Samsung has been in negotiations with three investors about establishing a mobile manufacturing facility in Pakistan. According to sources, one of the three parties has a franchise from Korea and has already established car assembly factories in Pakistan as part of the Auto Development Policy (ADP) 2016-21, while theRead More →
On Tuesday, Pakistan issued $1 billion in international bonds under the Sukuk programme. These Sukuk bonds have a subscription price of $3 billion for five, ten, and thirty years.The federal cabinet has approved the issuance of Eurobond and Sukuk bonds, which are expected to produce 3.5 billion dollars this fiscalRead More →
ISLAMABAD: According to official sources, Prime Minister Imran Khan will arrive in Gwadar on Monday for a one-day visit to examine different development projects in the city. According to official sources, PM Khan will attend the laying of the foundations for different development projects in the city. During his visitRead More →
PARIS: (APF) The national financial prosecutors’ office (PNF) said Friday that a French court has been entrusted with examining a disputed multibillion-dollar sale of Rafale fighter aircraft to India in 2016. The contract between the Indian government and French aircraft maker Dassault for 36 jets, worth 7.8 billion euros ($9.3Read More →
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