Lakson Group, a business conglomerate, and Air Arabia Group announces plans to form of a joint venture to launch Fly Jinnah
Pakistan economy
Imran Khan
Pakistan PM Imran Khan facing biggest test yet as anger grows over soaring prices
Pakistan has been staring down the barrel of a balance of payments crisis and analysts have long warned that the new government must act quickly
Abu Dhabi Fund for Development
Pakistan hails UAE role in helping to alleviate economic crisis
Pakistan’s State Minister for Revenues applauds UAE’s $3bn deposit as he presents budget for 2019-20
Abdul Hafeez Shaikh
Pakistan to get $6bn from IMF over the next three years
The UAE – Pakistan’s largest trading partner in the Middle East and a major investment source – recently offered $3bn to support the battered economy
Asad Umar
Pakistan fires central bank, tax body chiefs amid IMF talks
Former cricket star Khan faces growing criticism from economists and opposition parties for mishandling the economy and delaying the IMF bailout since coming to power in August
Abdul Hafeez Shaikh
Pakistan’s Imran Khan appoints new finance chief amid IMF talks
Abdul Hafeez Shaikh will take on the role of lead negotiator for what would be Pakistan’s 13th IMF support programme since the late 1980s
Abu Dhabi Fund for Development
Pakistan says to receive $2bn loan from the UAE soon
South Asian nation received $1bn in January in first tranche of agreement between the Abu Dhabi Fund for Development and the State Bank of Pakistan
Islamabad
Saudi Crown Prince’s visit to Pakistan delayed
Islamabad is hoping to sign a raft of investment deals and other agreements during the two-day visit, which now begins Sunday
imran khan in saudi arabia
What to expect from Saudi Crown Prince’s visit to Pakistan
Prince Mohammed is set to arrive in Islamabad on February 16 for a two-day visit
Dubai
Invest in Pakistan now while there’s good value, PM Khan says at WGS
Invest in Pakistan now while it’s still cheap, PM Khan says at WGS Khan was addressing attendees at the Plenary Session of the World Government Summit being held in Dubai
belt and road initiative china
Saudi Arabia set to announce major investment deals in Pakistan
Saudi Arabia’s Crown Prince Mohammed bin Salman is expected to visit Pakistan soon, with major investment deals expected to be signed
imran khan pakistan
Pakistan receives $1bn from Saudi Arabia after UAE’s $3bn deposit
Pakistan receives $1bn from Saudi Arabia, a day after the UAE deposited the first installment of a $3bn financial support package
Abu Dhabi Crown prince
Is Saudi Arabia about to pour billions into Pakistan?
Reports from South Asia’s second largest economy suggest it is preparing to greet Crown Prince Mohammad Bin Salman before February and sign more than $10bn in investment deals
Abu Dhabi Crown prince
Pakistan hails UAE economic support after $3bn deposit
Tariq Bajwa, Governor of the State Bank of Pakistan, says deposit will help country overcome ‘challenges’
Abu Dhabi Fund for Development
UAE formalises $3bn Pakistan bank deposit
The Abu Dhabi Fund for Development has been involved in various transport, water, agriculture, healthcare and education projects in Pakistan
Abu Dhabi Crown prince
PM Imran Khan hails Abu Dhabi crown prince after Pakistan visit
Imran Khan uses his Instagram account to say thank you to Sheikh Mohamed bin Zayed Al Nahyan
Abraaj
Dubai’s Abraaj ‘close’ to selling K-Electric stake to Chinese firm
Troubled private equity firm reportedly nears agreement to sell 66% interest in Pakistan power company