Foreign reserves

Pakistan completes repayment of $3.45 billion to UAE amid external debt obligations

Pakistan completes repayment of $3.45 billion to UAE amid external debt obligations

  • Islamabad pays $1 billion to complete repayment of $3.45 billion UAE deposits
  • Development comes after Saudi Arabia provides $3 billion to cash-strapped nation
By KASHIF IMRAN ·

Saudi foreign reserves cover imports for 2 years, exceeding global average

Saudi foreign reserves cover imports for 2 years, exceeding global average

By IKRAMI ABDULLAH AL-EQTISADIAH ·