During their visit, the American lawmakers held meetings with senior political and military leadership of Pakistan, which they said would contribute to further strengthening bilateral ties. Congressman Jack Bergman highlighted the strategic importance of the Pakistan-US relationship, stating, “The significance of our partnership is undeniable and will remain relevant in the years to come.” He […]
Addressing at the Pakistan Stock Exchange (PSX) the central bank’s Governor Jameel Ahmed said that record 38 billion US$ remittances will be available by this June. “During nine months of the current financial year, remittances have increased by 33 per cent,” SBP chief said. He said that the current and external accounts are expected to […]
According to the remittances data released by SBP for March 2025, for the first time, Pakistan received over the $4 billion threshold. Remittances for March 2025 amounted to $4.1 billion, marking a significant milestone. Compared to March of the previous fiscal year, remittances have surged by 37.3 percent, while on a month-on-month basis, remittances rose […]
The Saudi Riyal’s selling rate was noted at Rs75.25. Saudi Arabia’s official currency is denoted as SAR or SR. A single Riyal is divided into 100 halalas. The relationship between Pakistan and Saudi Arabia is characterized by a deep-rooted, mutually supportive alliance, reinforced by significant financial aid from the Saudi kingdom. Recently, Saudi Arabia extended […]
On Saturday, the gold rates were priced at 4,434 Saudi Riyal (SAR) per tola. Per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 3,903, with an ounce of gold costing 12,140 Saudi Riyal. Gold rates are influenced by global market trends, including those in Saudi Arabia, with the latest […]
According to official figures, loans exceeding Rs26.97 billion have been disbursed to more than 25,500 households under the ‘Apni Chhat, Apna Ghar’ program. Over 21,797 houses are currently in the final stages of construction across the province. Additionally, second installments for home construction have been issued to over 11,500 families. The program has also approved […]
According to official data, exports to North America rose by 9.7%, reaching 4.2 billion dollars. A large portion, around 94%, of Pakistan’s exports to the U.S. comprised textiles and garments, highlighting the sector’s key role in the country’s export economy. The increase is attributed to improved trade facilitation under the Special Investment Facilitation Council (SIFC) […]
Prabowo is on a five-nation tour of the Middle East, visiting the United Arab Emirates, Turkey, Egypt, Qatar, and Jordan to boost bilateral ties with the region. He said Sunday he had a “productive” meeting with Qatar Emir Sheikh Tamim bin Hamad Al-Thani and that the country would invest in the Danantara Indonesia fund. Danantara […]
Beijing and Washington have been locked in a fast-moving, high-stakes game of brinkmanship since Trump launched a global tariff assault that has particularly targeted Chinese imports. Tit-for-tat exchanges have seen US levies imposed on China rise to 145 percent, and Beijing setting a retaliatory 125 percent toll on US imports. Figures released by Beijing’s General […]
The selling rate of the Saudi Riyal was recorded at Rs75.25. The official currency of Saudi Arabia is abbreviated as SAR or SR. One Riyal is subdivided into 100 halalas. The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually beneficial alliance, underscored by considerable financial assistance from the Kingdom of […]
