UAE
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PSX cheers IMF loan, UAE investment | The Express Tribune
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KARACHI: Pakistan Stock Exchange (PSX) enjoyed a bullish week and ended at a record high just short of 76,000 points as investor interest was bolstered by several positive triggers including loan talks with the International Monetary Fund (IMF), pre-budget speculation…
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UAE allocates $10bn for investment in Pakistan
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Prime Minister Shehbaz Sharif and President of UAE Sheikh Mohamed bin Zayed Al Nahyan meet in Abu Dhabi on May 23, 2024. — PID DUBAI: In an encouraging development, the United Arab Emirates (UAE) has allocated $10 billion for investment…
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These tech jobs are most in-demand in the UAE right now
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Chief technology officers, project managers, software developers and data engineers are in demand, according to recruitment experts. — Heriot Watt/File Dubai is at the forefront of the technological shift that the world is going through right now. With futuristic projects…
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Egypt receives $14bn from UAE to develop Ras Al Hekma
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Egypt receives second payment from UAE as part of $35bn deal to develop Ras Al Hekma. — UN Habitat via Egyptian Ministry of Housing Egypt has received a $14 billion payment from the United Arab Emirates for the development of its coastal…
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Pakistan, UAE eye date palm cultivation | The Express Tribune
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ABU DHABI: Pakistan and the United Arab Emirates (UAE) on Monday signed a Memorandum of Understanding (MoU) aimed at boosting agricultural innovation and research related to the development and promotion of various aspects of date palm cultivation and the allied…
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Egypt, UAE sign major $35bn deal to develop Ras al-Hekma
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Representational image shows an aerial view of a luxury hotel complex in the Egyptian Red Sea resort city of Sharm el-Sheikh at the southern tip of the Sinai peninsula. — AFP/File In one of the largest agreements of its type,…
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UAE fund plans $4-5b investments in India | The Express Tribune
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MUMBAI: Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund in the UAE, is setting up a $4-5 billion fund to invest in India through a tax-neutral finance hub in Prime Minister Narendra Modi’s home state of Gujarat, according…
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Pakistan ‘upbeat’ on rollover of $2bn UAE deposit
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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 News…
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UAE mineral giant eyes Pakistani mining venture | The Express Tribune
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KARACHI: The United Arab Emirate’s largest raw and value-added mineral supplier and importer, National Trust (NT), has entered into a memorandum of understanding (MoU) with a Pakistani firm to develop a strategic partnership with an investment of 30 million UAE…
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IMF gets UAE assurance on Pakistan’s external financing gap
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In a major development, the United Arab Emirates (UAE) on Tuesday gave assurance to the International Monetary Fund (IMF) on cash-strapped Pakistan’s external financing gap. According to Geo News, the development came during a meeting between the IMF mission chief…
