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Coronavirus
VERY HIGH
Pakistan Deaths
15,501
5824hr
Pakistan Cases
725,602
458424hr
Sindh
269,126
Punjab
250,459
Balochistan
20,321
Islamabad
66,380
KPK
99,595

International Monetary fund

Most major Gulf markets gain as financials rise

Most major Gulf markets gain as financials rise

  • On Sunday, the lender reported its first quarter net profit of 3.3 billion riyals ($906.22 million), down by 7% from a year earlier as it booked 1.4 billion riyals in "precautionary" loan-loss provisions.
Published 12 Apr, 2021 01:43pm
IMF raises most Gulf countries' economic growth forecasts
World

IMF raises most Gulf countries' economic growth forecasts

  • Saudi Arabia's economy, the region's largest, is expected to grow 2.9% this year, up from the 2.6% forecast in January, the IMF said in its latest World Economic Outlook, released this week.
  • Oman saw the biggest positive revision of the Gulf countries, from expectations of a 0.5% contraction this year to a forecast of 1.8% growth.
Published 07 Apr, 2021 05:46pm
Opinion

The upcoming budget

The federal cabinet has undergone a major change hardly eight weeks prior to the presentation of the national budget...
Published 03 Apr, 2021 03:41am
$499m IMF tranche received
Print

$499m IMF tranche received

KARACHI: Pakistan on Tuesday night received around $500 million from International Monetary Fund (IMF) as a loan...
Published 31 Mar, 2021 05:42am