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25 Universities In Saudi Arabia Offer Fully Funded Scholarships For Pakistani Students ISLAMABAD The Saudi Arabian government has unveiled a generous initiative, offering 700 fully funded scholarships to Pakistani students who aspire to pursue their education in the top 25 universities within the kingdom. The announcement, conveyed through the Riyadh Embassy’sRead More →

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Saudi, India aim to be ‘powerhouse of the world’ as energy ties strengthen over MoU “We have a common goal and common objective of being a big producer of green electricity and green hydrogen,” Prince Abdulaziz further said. RIYADH   (  Web News  ) Saudi Arabia and India are aiming toRead More →

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Saudi Arabia summons Swedish ambassador over Quran burning at Stockholm mosque Riyadh is the latest regime to complain to Stockholm over desecration of holy Muslim book RIYADH  ( Web News ) Saudi Arabia has summoned Sweden’s ambassador to denounce a Quran burning outside a Stockholm mosque that sparked a diplomaticRead More →

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Huawei held 2023 Regional Headquarter Annual Meeting in the Kingdom of Saudi Arabia His Excellency Haytham Al Ohali, Vice Minister in the Ministry of Communications & Information Technology, graced the event, held in the Kingdom for the first time RIYADH ( Web News ) Huawei held its 2023 Middle EastRead More →

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Prime Minister’s Office ineffective in creating investment climate The Saudi government has funding available for eight priority sectors. Their biggest desire is to engage Pakistan as a Food Security partner; ISLAMABAD ( Web News ) The Institute of Policy Studies (IPS) hosted a Roundtable titled, “Pakistan’s Investment Climate: The WayRead More →

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Saudi Arabia extends the term of $3 billion deposit in the State Bank of Pakistan KARACHI ( Web News ) Saudi Arabia has extended the term of three billion dollars deposit in the State Bank of Pakistan through the Saudi Fund for Development to support Pakistan’s economy. The extension ofRead More →

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IMF to release tranche in the offing Says Pakistan fulfills IMF’s requirements ISLAMABAD ( Web News ) Minister for Finance and Revenue Miftah Ismail Friday said the International Monetary Fund (IMF) would release the tranche (worth US$1.17bn) to Pakistan after its board meeting on Monday. Addressing a press conference here,Read More →

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Pakistan & Saudi Arabia have historic & deep-rooted fraternal ties which have stood the test of time: Bilawal DAVOS ( Web News ) Foreign Minister Bilawal Bhutto Zardari met with Prince Faisal bin Farhan Al Saud, Foreign Minister of the Kingdom of Saudi Arabia on the sidelines of the WorldRead More →

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SBP receives Saudi Arabia’s $3 billion deposit: Shaukat Tarin The SBP said the deposit agreement reflected the strong and special relationship between the Kingdom of Saudi Arabia and Pakistan ISLAMABAD ( Web News ) Adviser to the Prime Minister on Finance and Revenue Shaukat Fayaz Ahmed Tarin announced on SaturdayRead More →

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Pakistan desire to further strengthen its trade ties with Saudi Arabia. FPCCI. Pakistan has strong strategic, diplomatic and economic relations with Saudi Arabia ISLAMABAD ( Web News ) Pakistan desire to further strengthen its trade ties with Saudi Arabia as both countries have great scope to promote trade in manyRead More →

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Pakistan gets US 3 bln dollars deposit; 1.2 bln dlrs deferred oil facility from Saudi Arab ISLAMABAD ( Web News ) The Saudi government announced a deposit of US 3 bln dollars with the State Bank of Pakistan besides a US 1.2 bln dollars deferred oil facility to Pakistan toRead More →

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ISLAMABAD ( WEB DESK ) Pakistan may return $2 billion Saudi Arabian loan and is looking for various options to secure more lending aimed at retaining gross official foreign exchange reserves at their current level of over $12 billion, Ministry of Finance sources told The Express Tribune. The second trancheRead More →