Donald Trump (center) and Gentry Beach (right) gesture in this file photo. – Journalist LONDON: A Texan hedge fund manager and business partner of the Trump family has praised Pakistan’s sacrifices in the war against terrorism, advising President-elect Donald Trump to make Pakistan-US relations stronger than before. Gentry Beach, who has been a close ally … Read more
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef speaks during an interview with Reuters at the World Economic Forum (WEF) in Riyadh, Saudi Arabia, April 28, 2024. — Reuters Exploring how we can help Pakistan in certain infrastructure: minister. According to him, without infrastructure, the economic aspects of the transaction are not attractive. Malik … Read more
A currency dealer counts US dollars at a store in Karachi, May 19, 2022. — AFP The country’s foreign exchange assets also include gold reserves of $5.5 billion. Commercial bank liquid reserves of $4.7 billion are not included. Increase in foreign exchange reserves due to strict import restrictions: expert. KARACHI: Pakistan’s total foreign exchange assets … Read more
A man reads the newspaper while selling betel leaves, cigarettes and sweets at a shop in Karachi. — Reuters/File A useful monetary policy to support economic activity: report. Forecasts weaken agricultural growth due to heavy rains. Wheat and Cotton Expected to Perform Poorly in FY2025. ISLAMABAD: The Asian Development Bank (ADB), in its recent publication, … Read more