Israel to build $27bn rail expansion, eyes future link to Saudi Arabia JERUSALEM: Israel will build a 100 billion shekel ($27 billion) rail expansion that will connect its outlying areas... Updated 30 Jul, 2023 03:03pm
World Saudi plans to host talks on Ukraine war: officials RIYADH: Saudi Arabia plans to host talks next weekend to discuss a path towards peace in Ukraine, convening... Published 30 Jul, 2023 01:53pm
World Saudi summons Danish diplomat to protest desecration of Holy Quran RIYADH: Saudi Arabia summoned a Danish diplomat to protest desecration of the Holy Quran by an extreme-right group... Updated 28 Jul, 2023 02:21pm
Pakistan China’s EXIM Bank has rolled over $2.4bn loans, says Ishaq Dar Pakistan will only make interest payments in both years, the finance minister adds Updated 27 Jul, 2023 03:47pm
Pakistan ‘Risk not worth it’: Pakistanis abandon hopes of reaching Europe after boat tragedies KHUIRATTA: After spending weeks in Libya trying to reach Europe illegally, Muhammad Naeem Butt turned back –... Published 25 Jul, 2023 05:41pm
Print FY23: POL products worth $1.182bn imported by Pakistan on deferred payment basis ISLAMABAD: Pakistan imported petroleum products worth $ 1.182 billion on a deferred payment basis under the Saudi... Updated 25 Jul, 2023 12:19pm
World Russia, Saudi oppose G20 proposal to triple green energy capacity BAMBOLIM: Major fossil fuel producers, including Saudi Arabia and Russia, on Friday opposed a proposal to triple G20... Published 21 Jul, 2023 08:44pm
World Saudi summons Swedish diplomat over Holy Quran protests RIYADH: Saudi Arabia said late Thursday it was summoning a Swedish diplomat to denounce the issuing of permits for... Published 21 Jul, 2023 11:08am
World Turkiye’s Erdogan caps economy-driven Gulf tour in UAE DUBAI: Turkiye President Recep Tayyip Erdogan has arrived in the United Arab Emirates, the final leg of a Gulf trip... Published 19 Jul, 2023 12:42pm
World Japan PM Kishida to visit Qatar for LNG talks DOHA: Japanese Prime Minister Fumio Kishida is due to arrive in major gas-producer Qatar on Tuesday for the final... Published 18 Jul, 2023 01:06pm
World Erdogan begins Gulf tour with trip to Saudi Arabia RIYADH: Turkish President Recep Tayyip Erdogan arrives on Monday in Saudi Arabia during a three-country Gulf tour as... Published 18 Jul, 2023 05:51am
Print KE interested in power off-take from ACWA’s RE projects ISLAMABAD: K-Electric (KE) has shown interest in development and offtake of power from renewable energy (RE)... Updated 18 Jul, 2023 09:39am
World Turkiye Erdogan begins Gulf tour with trip to Saudi RIYADH: Turkish President Recep Tayyip Erdogan arrives on Monday in Saudi Arabia during a three-country Gulf tour as... Published 17 Jul, 2023 06:32pm
Sports Son says he would rather play for Spurs than move to Saudi club Tottenham Hotspur forward Son Heung-min said he would have moved to Saudi Arabia to continue his career if he wanted... Published 17 Jul, 2023 06:03pm
World Riyadh, Tokyo to cooperate on energy security, hydrogen and ammonia RIYADH: Saudi Arabia said on Sunday it remains committed to secure oil supplies for Japan and will continue... Published 16 Jul, 2023 07:39pm
Pakistan After Saudi Arabia and UAE deposits, Pakistan expects another $2.6bn in financing: report Pakistan will draw $5.6 billion in financing, Bloomberg News reported on Friday, an amount that includes inflows... Updated 14 Jul, 2023 09:00pm
BR Research Looking up! The news flow is positive this week. The financial commitments from Saudi Arabia ($2 bn) and UAE ($1 bn) have poured... Updated 14 Jul, 2023 10:53am
World Japan’s Kishida to visit Middle East to talk energy markets, offer green tech TOKYO: Japanese Prime Minister Fumio Kishida plans to discuss energy markets on a trip to Saudi Arabia, United Arab... Published 13 Jul, 2023 06:00pm
Markets Profit-taking erases gains, KSE-100 settles 0.54% lower At close, benchmark index ends at 45,266.96 Updated 13 Jul, 2023 06:07pm
Markets Saudi Arabia imports record Russian fuel oil in June as trade grows SINGAPORE: Saudi Arabia imported record volumes of discounted Russian fuel oil in June, a near 10-fold annual... Published 13 Jul, 2023 11:07am
Pakistan NA body informed: Arab countries keen to invest in various sectors ISLAMABAD: Secretary Special Investment Facilitation Council (SIFC) Jameel Ahmed Qureshi on Wednesday informed the... Published 13 Jul, 2023 04:50am
Pakistan UAE has deposited $1bn in Pakistan’s central bank: Ishaq Dar Finance minister says SBP-held foreign exchange reserves have gotten another boost after $2bn inflow from Saudi Arabia Updated 12 Jul, 2023 07:57pm
Markets Oil stuck between supply strains and economic doubt LONDON: Oil prices were little changed on Wednesday in a market caught between expectations supply cuts by the... Updated 12 Jul, 2023 05:55pm
Print Saudi deposits land just prior to key event Pakistan receives deposits of $2 billion from Saudi Arabia Updated 12 Jul, 2023 08:54am
Markets Saudi Arabia deposits $2bn in SBP: Ishaq Dar Finance minister says this will boost central bank-held foreign exchange reserves Updated 11 Jul, 2023 07:10pm
Markets Oil prices up 2% to 10-week high on weaker US dollar, rising demand forecasts NEW YORK: Oil prices jumped about 2% to a 10-week high on Tuesday, boosted by a falling U.S. dollar, hopes for... Updated 11 Jul, 2023 09:52pm
Markets Pakistan’s remittances stand at $2.2bn in June, 3.9% higher month-on-month Cumulatively, at $27bn, remittances decrease 13.6% during FY23 as compared to FY22 Updated 10 Jul, 2023 06:41pm
World Israel, Saudi normalization a long way off, Biden says WASHINGTON: Israel and Saudi Arabia are a long way from a normalization agreement that would involve a defence ... Published 10 Jul, 2023 06:52am
World Israel, Saudi normalization a long way off, Biden says Israel’s energy minister voiced opposition last month to the idea of Saudi Arabia developing a civilian nuclear program as part of any US-mediated forging of relations between thecountries Published 09 Jul, 2023 07:56pm
World Saudi should ‘review’ emissions targets RIYADH: Saudi Arabia should review its goals for lowering carbon emissions and consider adopting targets to be met... Published 09 Jul, 2023 03:47pm