In Islamabad, Pakistan and the United Arab Emirates (UAE) have signed several Memoranda of Understanding (MoUs), facilitating multi-billion dollar investments in diverse initiatives outlined by the Special Investment Facilitation Council (SIFC). The signing ceremony occurred in Abu Dhabi, ...

Analyst Mohsin Baig has revealed that Nawaz Sharif's return on October 21 has been carefully coordinated following a solid agreement. He expressed his observations, stating that the ongoing developments seem to align with this arrangement and are expected to persist in the future. Baig ...

Significant progress has been made in the acquisition of cost-effective oil from Russia, with Pakistan formalizing a long-term oil purchase agreement with Moscow. This agreement is structured on a commercial basis, enabling local refineries to procure oil directly from Russia and have ...

"In Pakistan, officials in the Law Division have initiated discussions on how to restructure the Iran-Pakistan (IP) gas pipeline project to mitigate the impact of US sanctions and avoid the $18 billion penalty sought by Iran. The proposed approach involves Pakistan not directly purchasing gas ...

Pakistan is anticipating the finalization of a long-awaited $10 billion agreement with Saudi Arabia's oil giant Aramco for the construction of a refinery in Hub within the current calendar year of 2023, according to sources. The Special Investment Facilitation Council (SIFC), jointly managed ...

Riyadh: Saudi Arabia and Pakistan have signed a memorandum of understanding for bilateral cooperation in the IT sector. According to details, a meeting took place between Federal Minister for IT, Omar Saif, and Engineer Abdullah Amer Al-Swaha, in which Pakistani Ambassador Ahmed Farooq, Saudi ...

Islamabad: Pakistan wants to negotiate a long-term deal for oil with Russia, staying within the price limit of $60 per barrel. A Pakistani delegation will visit Russia for this purpose on October 10th. According to sources, the FOBT (Free on Board) price is the actual cost received at the port, ...

Pakistan and the Gulf Cooperation Council (GCC) have initialised a free trade agreement on Friday.In the Saudi capital, Riyadh, caretaker Commerce Minister Dr Gohar Ijaz and GCC Secretary General Jasem Mohamed held a delegation-level discussion. After the meeting, an agreement was signed for the ...

US Secretary of State Antony Blinken, during a press conference alongside German counterpart Annalena Baerbock, expressed on Friday that the prospect of normalization between Israel and Saudi Arabia, while potentially transformative, remains a formidable challenge. Blinken articulated that ...

Pakistan and the United Arab Emirates are expected to sign free trade agreement by the end of this month. Minister for Commerce, Industries, and Production Dr Gohar Ejaz said the agreement is expected to be signed during the upcoming visit of an Emirati delegation in the last week of this month, ...