Memorandums of understanding worth $2 billion are expected to be signed with the arrival of a high-level Saudi delegation in Pakistan – Trendy Blogger

Memorandums of understanding worth  billion are expected to be signed with the arrival of a high-level Saudi delegation in Pakistan

 – Trendy Blogger

Petroleum Minister Musaddiq Malik receives a Saudi delegation upon its arrival in Islamabad on October 9, 2024. – Screengrab via Geo News A Saudi minister delivers a speech before the Business Forum during the visit Agreements and memorandums of understanding to be signed in various fields. Companies from various sectors are part of the delegation. … Read more

September remittances rose 29% to US$2.85 billion year-on-year due to stabilization of the rupee – Trendy Blogger

September remittances rose 29% to US.85 billion year-on-year due to stabilization of the rupee

 – Trendy Blogger

US $100 bills are shown in this illustration taken in Seoul on February 7, 2011. — Reuters Pakistan receives highest ever quarterly remittances in Q1 FY2025. Saudi Arabia leads in September remittances, with a total of $681.3 million. Analysts say the rise is driven by exchange rate stability. Remittances rose 29% year-on-year to $2.849 billion … Read more

Pakistan obtains loan commitments worth $3.2 billion from foreign creditors – Trendy Blogger

Pakistan obtains loan commitments worth .2 billion from foreign creditors

 – Trendy Blogger

A foreign exchange trader counts US dollars at a store in Karachi, Pakistan, May 19, 2022. – AFP/File Saudi Arabia promises $1.2 oil facility to Islamabad. Dubai Islamic Bank commits to providing $1 billion. The Islamic Development Bank and the Asian Development Bank pledged $600 million and $430 million, respectively. ISLAMABAD: Amid efforts by the … Read more