Federal Finance Minister Muhammad Aurangzeb has announced that Saudi Arabia will provide financial support of $3 billion to Pakistan by next week in the form of additional deposits. Saudi Arabia Announces USD 3 Billion Additional Support, Extends USD 5 Billion Deposit: Finance Minister Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has informed that […]
financial support
Pakistan to repay UAE $2 billion after securing funds
Pakistan has decided to repay $2 billion to the United Arab Emirates (UAE) after arranging the required funds through alternative financial sources, according to government officials. Read More: UAE ‘rolls over’ $2 billion loan for a month Sources said the decision was made after Islamabad secured sufficient financing to meet its external payment obligations due in the coming […]
Kuwait offers monthly allowance for unmarried women over 30
Kuwait has announced a new social welfare initiative providing a monthly allowance to unmarried women over 30 years of age, aiming to enhance financial security and overall quality of life. Under the scheme, the Ministry of Social Affairs Kuwait will provide eligible women with KD560 per month, roughly equivalent to R29,400. Read More: No salary cut on […]
UAE agrees to two-month rollover of Pakistan’s $2 billion deposit
ISLAMABAD — The United Arab Emirates (UAE) has agreed in principle to extend Pakistan’s $2 billion deposit for two months, providing critical financial support as the country navigates ongoing economic and IMF negotiations. Read More: UAE ‘rolls over’ $2 billion loan for a month A senior official confirmed the rollover will run until April 17, 2026, with an […]
Pakistan seeks more World Bank funds, eyes global investment boost
Pakistan has requested more financial support from the World Bank through its International Development Association (IDA) programs. Finance Minister Muhammad Aurangzeb made the appeal during a meeting with World Bank President Ajay Banga in Washington. He also highlighted the urgent need for reforms in Pakistan’s power and gas sectors to ensure efficiency and long-term sustainability. […]
New chapter for Syria: Saudi Arabia and Qatar to support state employees as sanctions ease
Saudi Arabia announced on Saturday that it will join forces with Qatar to provide financial support to Syria’s state employees, signaling a renewed commitment to aid the war-torn country’s reconstruction efforts. Saudi Foreign Minister Prince Faisal bin Farhan Al Saud made the announcement during a press conference in Damascus alongside his Syrian counterpart Asaad Hassan […]
Erdogan proposes joint Pakistan, Hungary mission to guard key Afghan airport
BRUSSELS: Turkish President Recep Tayyip Erdogan has proposed a new joint mission, which will also involve Pakistan and Hungary, to protect and run Kabul’s international airport following withdrawal of other NATO-led foreign troops. Talking to reporters during the North Atlantic Treaty Organisation (NATO) summit in Brussels, the Turk president said that his country would need […]