THIRD $1BN DEPOSIT RECEIVED FROM SAUDI ARABIA: STATE BANK

The State Bank of Pakistan (SBP) on Friday confirmed that Pakistan has received a third $1 billion tranche as part of balance-of-payments support from Saudi Arabia. Saudi Arabia in October last year had stepped forward with a $6 billion bailout package — $3bn in balance-of-payments support and another $3bn in deferred payments on oil imports — for Pakistan'...

Dawn.com (Date:01/25/2019 11:28) Read full article >>

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Pakistan: Pakistan ), officially the Islamic Republic of Pakistan , is a sovereign country in South Asia. With a population exceeding 180 million people, it is the sixth most populous country and with an area covering 796,095 km2 , it is the 36th largest country in the world in terms of area. Located at the c
- Pakistan Wikipedia
United Arab Emirates:
Friday: Friday is the day between Thursday and Saturday. In countries adopting Monday-first conventions as recommended by the international standard ISO 8601, it is the fifth day of the week. It is the sixth day in countries that adopt a Sunday-first convention, as in the Abrahamic tradition. In other coun
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
October: October is the tenth month of the year in the Julian and Gregorian Calendars and one of seven months with a length of 31 days. The eighth month in the old Roman calendar, October retained its name after January and February were inserted into the calendar that had originally been created by the Ro
Arab: Arab people, also known as Arabs and Arabians, are a panethnic group[16] primarily inhabiting Western Asia and North Africa. They are identified as such on one or more of genealogical, linguistic, or cultural grounds,[17] with tribal affiliations, and intra-tribal relationships playing an important
Abu Dhabi: Abu Dhabi is the capital and the second largest city of the United Arab Emirates in terms of population and the largest of the seven member emirates of the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western coast. The city proper had a p