Five state-owned entities (SOEs) will today sign a memorandum of understanding (MoU) to finance their equity shares in Saudi Aramco’s $10-11 billion greenfield refinery project at Hub, Balochistan.The deal will be signed by Oil and Gas Development Com…
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Central bank reserves are expected to stay in the region of $8.7 billion this week as China has granted a one-year rollover of $1 billion in SAFE (State Administration of Foreign Exchange) deposits to Pakistan.The deposit was going to
Pakistan and the United States have underlined the importance of constructive engagement for promoting peace, security and development in the region.This came at a telephonic conversation between Foreign Minister Bilawal Bhutto Zardari and the US Secr…