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Pakistan offers Sri Lanka $50m credit line for defence cooperation

Pakistan offers Sri Lanka $50m credit line for defence cooperation

Foreign Minister Shah Mahmood Qureshi has said that in a bid to enhance defence and security cooperation to end terrorism,…
Sri Lankan businesses urged to take advantage of opportunities in Pakistan

Sri Lankan businesses urged to take advantage of opportunities in Pakistan

Advisor to Prime Minister on Trade and Investment, Abdul Razak Dawood has invited the Sri Lankan business community and take…
Moody’s expects Islamic banking to expand across South Asia post-pandemic

Moody’s expects Islamic banking to expand across South Asia post-pandemic

The US based credit rating agency, Moody’s anticipates the rise of Islamic Banking in South and Southeast Amid post coronavirus…
Pakistan’s current account deficit declines to $229m in January

Pakistan’s current account deficit declines to $229m in January

Pakistan’s current account deficit shrunk by 55% year-on-year to $229 million in January in the backdrop of recovering exports and…
Oil prices jump on slow U.S. output restart

Oil prices jump on slow U.S. output restart

Oil prices jumped by more than $1 on Tuesday, as U.S. output was slow to return after a deep freeze…
PIA’s Boeing 777 aircraft fitted with General Electric engines: spokesperson

PIA’s Boeing 777 aircraft fitted with General Electric engines: spokesperson

Pakistan International Airlines (PIA) has said that the company has 12 Boeing 777 aircraft powered by General Electric engines, which…
Govt actions to be reviewed as FATF meeting begins

Govt actions to be reviewed as FATF meeting begins

The Financial Action Task Force (FATF) four-day virtual Plenary session, during which Pakistan’s performance in terms of measures taken against money laundering…
Oil gains as US production slowly returns after freeze

Oil gains as US production slowly returns after freeze

Oil prices rose on Monday as the slow return of US crude output that was cut by frigid conditions raised…
Bitcoin slips sharply from record highs

Bitcoin slips sharply from record highs

Bitcoin fell sharply on Monday after surging to a record $58,354 a day earlier, as a selloff in global equities…
World Bank to highlight SBP’s ‘Banking on Equality’ policy on Tuesday

World Bank to highlight SBP’s ‘Banking on Equality’ policy on Tuesday

Global lender World Bank will host a consultative dialogue on State Bank of Pakistan’s ‘Banking on Equality’ Policy on Tuesday.…
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