Pakistan, Saudi Arabia agree to extend $3bn deposit
ISLAMABAAD: Pakistan and Saudi Arabia on Friday signed an agreement to extend a $3 billion deposit from the Saudi Fund for Development (SFD).
Saudi Arabia,...
Gas supply to power sector may double amid LNG shortage
ISLAMABAD: Domestic natural gas supply to the power sector is expected to at least double by the end of the current month to minimise...
Aurangzeb reaches Washington for IMF, World Bank spring meetings
ISLAMABAD: Finance Minister Muhammad Aurangzeb arrived in Washington on Monday to attend the World Bank Group and International Monetary Fund (IMF) Spring Meetings 2026,...
No impact yet of Middle East conflict on Gulf remittances: Finance Minister
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday said the ongoing conflict sparked by the US-Israeli war on Iran has not adversely impacted Pakistan’s remittances...
Power Division seeks World Bank backing for new industrial tariff structure
ISLAMABAD: The government is preparing a new power tariff structure to encourage industrial consumers to maximise their operations during the daytime and minimise them...
