Workers board a bus at a power plant under construction in Islamkot, Pakistan. File/Agence France-Presse
Pakistan’s rupee dropped to an all-time low of 146.5 to the dollar on Thursday, days after Islamabad announced it had reached an agreement with the International Monetary Fund on a fresh bailout for its troubled economy.
The State Bank of Pakistan (SBP) released its first quarterly report on the state of Pakistan’s economy for the fiscal year of 2020 that stated progressive move as macroeconomic stabilisation process boosted with the initiation
The International Monetary Fund (IMF) has said that the industrial and social sectors in Pakistan have improved, adding that its latest economic reform programme is on track too.
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.
ENOC Link, The Group’s fuel delivery digital venture, extended its support to Dubai Municipality’s national disinfection drive to curb the COVID-19 outbreak by dedicating mobile fueling trucks to provide free petrol and diesel fuel
Shams, one of the world’s largest concentrated solar power plants, continues to significantly contribute to the UAE’s clean energy transition, and is helping the country prepare for the next 50 years
The Central Bank of the UAE , the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Dubai Financial Services Authority (DFSA) of Dubai International Financial Centre (DIFC)