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Pakistan to seek fresh IMF bailout package of over USD 8 billion
Updated : 2 years ago IST
The country is expected to seek a fresh IMF bailout package of over USD 8 billion with the possibility of augmentation through climate finance on the occasion of upcoming spring meetings of Breton Wood Institutions, known as the IMF/World Bank, scheduled to be held in Washington, DC, from Ap
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Pakistan assures IMF not to allocate additional budget for China-Pakistan
Updated : 2 years ago IST
The outstanding dues of power projects of China-Pakistan Economic Corridor (CPEC) alarmingly increased to a record PKR 493 billion or USD 1.8 billion as of end January. The amount was PKR 214 billion or 77 per cent higher than June last year.
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Adani Group to invest Rs 1.2 lakh crore in 2025, 40% higher YoY: Sources
Updated : 2 years ago IST
Adani Group plans to invest USD 14 billion (Rs 1.2 lakh crore) in 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's infrastructure, according to sources.
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Pakistan: Islamabad court dismisses defamation case against Imran Khan
Updated : 2 years ago IST
An Islamabad district and sessions court on Saturday dismissed Pakistani Rupees (PKR) 20 billion defamation case filed against former Pakistan Prime Minister Imran Khan by former Chief Justice of Pakistan Iftikhar Muhammad Chaudhry after nearly 10 years.
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Mothers' Endowment campaign issues 120,000 participation certificates thro
Updated : 2 years ago IST
The Mothers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to honor mothers by establishing a AED 1 billion endowment fund supporting the education of millions around the world, is seeing a
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UAE: DEWA contributes AED 20 million to Mothers' Endowment campaign
Updated : 2 years ago IST
The Dubai Electricity and Water Authority (DEWA) announced it will contribute AED 20 million to the Mothers' Endowment campaign, launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to honor mothers by establishing a AED 1 billio
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UNHRC: Activist highlights appalling conditions of Baloch community in Pak
Updated : 2 years ago IST
Speaking at the session, Naela highlighted the suppression of Pakistan administration on the people of Balochistan and how the so-called multi-billion dollar projects of the China-Pakistan Economic Corridor have now become a testament to the struggle of the Baloch community.
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IT spending in India to grow 11% , reach USD 44 billion in 2024: Report
Updated : 2 years ago IST
In 2023, despite economic headwinds and uncertainty, Indian enterprises continued to invest in digital to increase customer engagement and satisfaction, launch new products and services, and improve efficiency to drive revenue growth and profitability.
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UAE-US non-oil trade reached 31.4 billion dollars in 2023
Updated : 2 years ago IST
The President of the US-UAE Business Council highlighted that US exports to the UAE support 125,000 jobs in the US, while UAE exports to the US totaled USD 6.6 billion last year.
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Dubai community contributions platform 'Jood' encourages individuals, busi
Updated : 2 years ago IST
Dubai's community contributions platform Jood announced its support for the Mothers' Endowment campaign, which aims to honour mothers by establishing an AED1 billion endowment fund that will support the education of millions around the world.
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UAE: Air Arabia shareholders approve 20pc dividend distribution for FY2023
Updated : 2 years ago IST
The Board of Directors' recommendation follows the airline's robust financial performance in FY2023, where Air Arabia reported a record net profit of AED1.5 billion, an increase of 27 per cent compared to 2022.
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European Union to provide USD 5.48 billion for military support to Ukraine
Updated : 2 years ago IST
The European Union countries have agreed to provide five billion euros (EUR5 billion) for military support to Ukraine, stressing that they will support them with whatever it takes.
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