KARACHI: Senior Sindh Minister Sharjeel Inam Memon said that the government of Pakistan and the government of Sindh have always embraced foreign investors. A press release said that the Sindh government is working through active public-private partnership mode and full facilities in all respects will be provided to investors on public-private partnership basis.Addressing the Sindh … Read more
KARACHI: A delegation of international investors met with Sindh Minister of Information, Transport and Mass Transport, Sharjeel Inam Memon, in Karachi. Various transport projects were discussed during the meeting which was also attended by Special Assistant to the Prime Minister on Public-Private Partnership Qasim Naveed Qamar, Transport Minister Asad Zamin, Sindh Mass Transit Authority Director … Read more
The Exchange Rates Committee of Pakistan Financial Markets Association issued the following exchange rates bulletin on Monday.
National Power Parks Management Company (Private) Limited (NPPMCL), a government-owned independent power producer (IPP), has invited the State Bank of Pakistan (SBP) to approve the transfer of US$4.7 million to General Electric (GE) for… Maintenance work. Of power plants powered by liquefied natural gas (RLNG). According to media reports, the payment delay is due to … Read more
Foreign investors withdrew a whopping $36.58 million from Pakistan Treasury Bills (T-Bills) during the week ending November 22, 2024, according to data released by the State Bank of Pakistan (SBP). This represents one of the largest weekly inflows of treasury bills in recent months, underscoring the decline in foreign interest in Pakistan’s debt market. The … Read more
Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Monday briefed the Director-General of Humanitarian Affairs and Development at the UK Foreign, Commonwealth and Development Office, Ms. Melinda Bohannaun, on the government’s stabilization and structural reforms programme. According to a press release issued by the Ministry of Finance, during the meeting with the … Read more
The Exchange Rates Committee of Pakistan Financial Markets Association issued the following exchange rates bulletin on Wednesday.
Pakistan’s total liquid foreign reserves fell to $15.93 billion as of November 1, 2024, representing a decline from the previous week’s $16.05 billion, according to recent data released by the State Bank of Pakistan (SBP). The latest figures show that the State Bank of Pakistan holds $11.17 billion of the total, while commercial banks hold … Read more
Iranian Foreign Minister Abbas Araqchi looks on during his meeting with Lebanese Parliament Speaker Nabih Berri in Beirut, Lebanon, October 4, 2024. – Reuters Iranian Foreign Minister Seyed Abbas Araqchi arrived in Islamabad on Monday for a two-day official visit to discuss bilateral relations and the development of the situation in the Middle East. During … Read more
Friends of the groom returning from the UK throw banknotes at guests in Sialkot. – YouTube/Screenshot/File In a lavish reception, foreign currencies, expensive mobile phones and suits were distributed to the guests during the wedding of a man returning from the UK in Sialkot. In a video clip, which spread on social media platforms, the … Read more