A worker monitors an automatic copper wire unit at the Fast Cables plant in Lahore, Pakistan. Reuters
The International Monetary Fund Executive board approved a three-year, $6 billion loan package for Pakistan on Wednesday to rein in mounting debts and stave off a looming balance of payments crisis, in exchange for tough austerity measures.
The tranches were fully subscribed by a syndicate of leading UAE banks, the government statement said.
Dubai: Pakistan Prime Minister Imran Khan’s government presented a Rs6 trillion (Dhs147.72b) federal budget of 2019-20 on Tuesday. A cross-section of Pakistani expats and business heavyweights share their candid views with Gulf Today. Ahmad Shaikhani, Senior Vice President, Pakistan Business Council
"Ads must be constructive rather than destructive," Usman said, adding that Western culture was corrupting Pakistan, pointing to the recent arrival of nudity in films and women marching in favour of abortion in Pakistan earlier this year.
World stock indexes edged up on Wednesday, with the S&P 500 boosted by gains in shares of Apple that offset Texas Instruments’ disappointing forecast, and the British pound steadied as European Union
ABU DHABI: Etisalat Group on Wednesday announced its consolidated financial statement for the nine months ending 30th September, 2019. Consolidated revenues reached to Dhs38.8 billion,
In recent years, the trend in Foreign Direct Investment (FDI) flow to developing countries in Asia and Africa have continued to increase (World Investment Report 2019, UNCTAD). Future growth in FDIs