ISLAMABAD: The United Arab Emirates (UAE) government has announced to provide $200 million financial assistance to the Prime Minister’s Kamyab Jawan programme for youth development. The youth development programme initiated by Prime Minister Imran Khan is receiving acknowledgement on ...

ISLAMABAD - Minister for Energy Omar Ayub Khan said the process of hiring technical experts for setting up an oil refinery at the Gwadar deep seaport, an ultimate destination of China Pakistan Economic Corridor (CPEC), had been started and would be completed in next three months. “The refinery, ...

ISLAMABAD - Finance Minister Asad Umar says Pakistan is close to signing an agreement with economic assistance package with the International Monetary Fund. Addressing a ceremony at Chamber of Commerce and Industry in Peshawar on Monday, he expressed satisfaction that the international lender has ...

KARACHI – Pakistan and the Kingdom of Saudi Arabia have finalized the Memorandum of Understand (MoU) for the construction of multi-billion dollar Saudi Aramco oil refinery in Gwadar, according to an Arab News link. Pakistan is expecting to sign a number of investment deals including ...

ISLAMABAD - Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed bin Sultan Al-Nahyan met Pakistan Prime Minister Imran Khan here Sunday as the cash-strapped country seeks economic assistance to bolster its foreign exchange reserves and the government's fiscal policies. Pakistan, reeling under severe ...

ISLAMABAD - Pakistanto receive $6 billion assistance package from the United Arab Emirates (UAE), sources said Sunday. The sources further explained that the interest rate on the amount the UAE will deposit in the State Bank of Pakistan (SBP) will be at an interest rate of 2.18 percent. The ...

ISLAMABAD – Asian Development Bank (ADB) has reportedly approved assistance package worth $7.5 billions for Pakistan over next three years. Director General Strategy, Policy & Review Department Tomoyuki Kimura called on Finance Minister Asad Umar. During the meeting, the finance minister said ...

ISLAMABAD - China has once again decided to rescue the dollar starved economy of Pakistan. China is most likely to give $2 billion in Pakistan reserves. Moreover Pakistan is most likely to attain $6 billion facility from UAE as is managed from Saudi Arabia, a senior official, privy to the ...

ISLAMABAD - UAE government will deposit $3 billion in Pakistan’s reserves in instalments and would provide a $3 billion deferred oil payment facility, private media has reported. The official said the $2 billion to be received from China will come in one-go. Federal government was also ...

ISLAMABAD - Pakistan seeks $2 billion financial assistance from the brotherly country Qatar. Pakistan is seeking Liquefied Natural Gas (LNG) worth $2 billion from Qatar on a one-year deferred payment and negotiations in this regard will be held between the two countries in Doha, it was learnt on ...