The Asian Development Bank would provide a loan of $3.4 billion to Pakistan for budgetary support, a Minister has confirmed. Reuters
The National Assembly’s Standing Committee on Finance has showed dissatisfaction over the FBR’s performance to bring people into the tax system out of total 152,000 bank account details received from the Organisation for Economic Cooperation
The tranches were fully subscribed by a syndicate of leading UAE banks, the government statement said.
ISLAMABAD: The State Bank of Pakistan (SBP) has issued detailed instructions to facilitate overseas Pakistanis in order to access their bank accounts. Under the new arrangement, overseas Pakistanis can now approach their respective banks
The Asian Development Bank (ADB) approved $1 billion in immediate budget support to Pakistan to shore up the country’s public finances and help strengthen economy besides approving $300 million to support energy sector reforms.
The global manufacturing activity expanded in July, adding to hopes the sector is emerging from the hit of the coronavirus pandemic.
The UAE, Saudi Arabia and Egypt drew up to 65.4 per cent of the total FDI inflows to the Arab nations in Q1-2020, according to a report released by the Arab Investment & Export Credit Guarantee Corporation (Dhaman)
Sheikh Ahmed Bin Humaid Al Nuaimi, Chairman of the Ajman Free Zone, AFZ, has launched AFZ’s eight new economic incentives for the second half of 2020.
The Dubai Real Estate Institute (DREI), in Dubai Land Department, DLD, is organising the first virtual real estate conference titled ‘Real Estate post-COVID-19 - Challenges and Solutions,’ in cooperation with a number of entities in Saudi Arabia.