Pakistan
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Pakistan ‘upbeat’ on rollover of $2bn UAE deposit
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[ad_1] A person counts $100 bank notes. — AFP/File ISLAMABAD: Pakistani authorities are hopeful that the United Arab Emirates (UAE) will roll over deposits worth $2 billion, sources told Geo News on Monday. People familiar with the matter told Geo…
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Much to freelancers’ solace, Pakistan to allow payments via PayPal
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[ad_1] A representational image of online payment, money transfer platform PayPal. — AFP/File For years Pakistani freelancers and professionals from various industries have complained of the absence of various online payment and money transfer platforms, however, this is all set…
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Pakistan to shine at Heimtextil 2024 trade fair | The Express Tribune
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[ad_1] KARACHI: Pakistan, renowned for its rich textile heritage, is gearing up for a groundbreaking opportunity as it prepares to participate in Heimtextil 2024. With a focus on maximising home textiles exports, Pakistan’s presence at this prestigious international trade fair…
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Pakistan receives 160 high-end electric buses
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[ad_1] A screengrab showing the electric bus launched in Karachi. — X/@sharjeelinam/File Pakistan on Saturday received 160 high-end pure electric buses from a Chinese company during a ceremony held in Suzhou Industrial Park in Jiangsu province. The value of the…
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PayPal enters Pakistan via strategic partnership | The Express Tribune
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[ad_1] ISLAMABAD: PayPal is set to establish its presence in Pakistan through a strategic partnership with an existing international payment gateway, catering to freelancers and IT professionals. The joint venture announcement is expected next week. Caretaker Minister for IT and…
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Will Pakistan oscillate between despair and hope this year? | The Express Tribune
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[ad_1] ISLAMABAD: As 2023 draws to a close, it has left behind a mix of despair and hope. The economy had teetered on the brink of default but was then propped up with life support. The future of 242 million…
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Pakistan inks $1.2 billion loan agreement with ADB
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[ad_1] An image of the headquarters of the Asian Development Bank (ADB). — ADB website/File The Asian Development Bank (ADB) Wednesday confirmed that it has inked a $1.2 billion loan agreement with Pakistan. The agreement, signed on December 15, provisions…
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Pakistan, ADB ink $1.2b loan deals | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and the Asian Development Bank (ADB) have signed six loan agreements worth $1.2 billion, with one-third of it to be disbursed as budget financing, reopening choked financing pipelines after reaching a deal with the International Monetary Fund…
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Pakistan records $9m current account surplus in Nov | The Express Tribune
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[ad_1] KARACHI: Pakistan’s balance of current account recorded a surplus of $9 million in November 2023 after remaining in deficit in the first four months (July-October) of the current fiscal year 2023-24, suggesting that the country’s capacity to make international…
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Pakistan, Japan launch ambitious project to boost ICT exports | The Express Tribune
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[ad_1] ISLAMABAD: The Federal Ministry of Information Technology and Telecommunication (MoITT), Pakistan, and the Japan International Cooperation Agency (JICA) have initiated an EAD-approved project focused on elevating Pakistan’s ICT industry exports to Japan and fostering partnerships between public and private…
