The company aims to create employment opportunities through the revival of distressed entities in the country.
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.
Pakistan Minister for Economic Affairs Hammad Azhar has said the government has set the target of reducing fiscal deficit to four per cent in the next one or two years.
The Asian Development Bank has projected that Pakistan’s inflation rate would slow down to 8.3 per cent in the fiscal year 2020-21. “Inflation is forecast to decelerate to 8.3 per cent in FY2021 with the central bank
Muhammad Ahmed Waheed, President, Islamabad Chamber of Commerce and Industry (ICCI) has called upon the relevant authorities to issue notification for opening of all businesses related with construction industry including steel re-rolling and marble sectors.
Italy’s prime minister held talks in Libya on Saturday with officials from the country’s west-based government focusing on energy and migration, top issues for Italy and the European Union.
New Zealand will host its first-ever country pavilion at this year’s Arab Health as regional interest in its world-class wellness and health tech innovations continues to grow.
Arab Bank Group achieved solid results for the period ending December 31, 2022, with net income after tax of $544.3 million as compared to $314.5 million in 2021.