Topic

Saudi Fund for Development

Pakistan, Saudi Arabia sign USD3bn deposit extension deal

Updated 18 Apr, 2026 09:04am

WASHINGTON: Pakistan and Saudi Arabia have signed Saudi Deposit Extension Agreement during a ceremony in Washington....

IMF, World Bank meetings: Aurangzeb leads strategic talks to boost trade, investment

Updated 15 Apr, 2026 08:54am

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a series of high-level meetings...

Aurangzeb meets Saudi Fund Chief Al-Marshad, US Trade Representative Greer

Published 14 Apr, 2026 10:10am

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held separate meetings with the Chief Executive...

KSE-100 Index gains 800 points amid bullish momentum

Updated 05 Dec, 2025 07:39pm

Benchmark index settles at 167,085.58

Saudi Arabia ‘extends term’ for USD3bn deposit

Published 05 Dec, 2025 06:23am

KARACHI: In a major development on economic front, Kingdom of Saudi Arabia (KSA) has extended term for USD3.0 ...

Saudi Arabia extends term for $3bn deposit placed with Pakistan for another year

Published 04 Dec, 2025 05:01pm

Development a relief for central bank’s foreign exchange reserves currently standing at $14.56 billion as of November 21, 2025

Oil against deferred payment

Published 07 Feb, 2025 06:32am

EDITORIAL: Saudi Arabia has signed an oil payment deferral deal with Pakistan, estimated at 1.6 billion dollars,...

Saudi Fund CEO given macroeconomic stability update

Published 04 Feb, 2025 06:29am

ISLAMABAD: The Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, Monday held a meeting at the...

Saudi oil: accord signed to defer $1.2bn payment

Published 04 Feb, 2025 06:29am

ISLAMABAD: In a significant move to bolster economic relations amid Pakistan’s economic challenges, Pakistan and...

Pakistan signs $1.2bn Saudi oil facility on deferred payment

Updated 03 Feb, 2025 10:33pm

Deal expected to help Islamabad with stable petroleum products supply, reduced immediate fiscal burdens

Riyadh extends $3bn deposits term by 1 year

Published 06 Dec, 2024 06:58am

KARACHI: In a significant move, Saudi Arabia has extended the term of its $3 billion deposits with Pakistan for an...

Saudi Fund for Development extends term of $3bn deposit for another year: SBP

Updated 05 Dec, 2024 10:15pm

$3 billion deposit agreement was initially signed with SFD in 2021 and subsequently rolled over in 2022 and 2023

Splashy Saudi mega-project NEOM chases Chinese funds

Published 21 Apr, 2024 12:17pm

HONG KONG: Bigwigs behind a Saudi megacity dogged by questions about its viability have wrapped up a tour courting...

Aurangzeb pitches bankable projects to attract Saudi, UK investments

Updated 19 Apr, 2024 04:10pm

Federal Minister for Finance and Revenue Muhammad Aurangzeb, in his meetings with officials of Saudi Arabia and...

Two lending agreements on hydropower projects signed with SFD

Published 23 Mar, 2024 05:41am

ISLAMABAD: The government of Pakistan and Saudi Fund for Development (SFD) signed two loan agreements amounting 107...

Inter-bank: rupee registered 3rd successive gain against US dollar

Updated 30 Nov, 2023 10:16pm

Currency appreciates 0.08%, settles at 285.17 against greenback

Saudi Fund for Development extends term of $3bn deposit for another year: SBP

Updated 29 Nov, 2023 09:40pm

The $3 billion-deposit agreement was initially signed through the SFD with the SBP in the year 2021

Saudi Fund for Development inaugurates King Abdullah Campus of Azad Jammu and Kashmir University

Published 05 Aug, 2023 03:43pm

The Saudi Fund for Development (SFD) officially inaugurated the King Abdullah Campus of Azad Jammu and Kashmir...

Pakistan signs $240mn loan agreement with Saudi Fund for Development for KP dam

Updated 07 Apr, 2023 05:56pm

Mohmand Multipurpose Dam Project will enhance water and food security, and improve the standard of living for people living in the Khyber Pakhtunkhwa province: SFD

Saudi Arabia deposit of $5bn enters Turkish central bank accounts

Updated 14 Mar, 2023 06:43pm

ANKARA: A deposit of $5 billion from the Saudi Fund for Development (SFD) entered the accounts of the Turkish...

Deal signed with SFD to finance oil derivatives worth $1bn

Updated 13 Jan, 2023 08:47am

ISLAMABAD: The Saudi Fund for Development (SFD) and Pakistan, on Thursday, signed a new agreement to finance oil...

Pakistan, Saudi Arabia ink $1bn agreement to finance oil derivatives

Updated 12 Jan, 2023 07:48pm

The Ministry of Economic Affairs on Thursday signed an agreement with the Saudi Fund for Development (SFD), a Saudi...

KSA extends term for $3bn deposit in SBP

Published 03 Dec, 2022 06:30am

KARACHI: Kingdom of Saudi Arabia (KSA) has extended term for a $3 billion deposit in the State Bank of Pakistan to...

Saudi Arabia extends term of $3bn deposit: SBP

Updated 02 Dec, 2022 08:46pm

SBP says extension is continuation of support provided by Saudi Arabia to Pakistan

Saudi Crown Prince to visit Pakistan, announces PM Shehbaz

Updated 28 Oct, 2022 06:25pm

Says Mohammed bin Salman bin Abdulaziz Al-Saud is keen to invest in oil refinery in Pakistan

Dar meets key officials: floods devastation, relief efforts remain top agenda

Published 15 Oct, 2022 11:31am

Federal Minister for Finance and Revenue Ishaq Dar met top government officials of the United States and United...

Saudi Fund for Development confirms rollover of $3bn deposit maturing on Dec 5 for 1 year: SBP

Updated 18 Sep, 2022 07:16pm

Deposit is placed with SBP and part of its forex reserves

Riyadh offers LNG, crude oil and revival of SFD pact

Updated 18 Aug, 2022 11:58am

Saudi Arabia has sent this offer to Pakistan in draft minutes of the upcoming meeting of the Joint Working Group under the umbrella of the Saudi Pakistan Supreme Coordination Council

Saudi Fund signs $3bn deposit pact with SBP

Updated 30 Nov, 2021 09:50am

KARACHI: The State Bank of Pakistan (SBP) Monday signed an agreement with the Saudi Fund for Development (SFD) for a...

Pakistan, Saudi Arabia sign $3-billion deposit agreement

Updated 29 Nov, 2021 08:13pm

Deposit to help support Pakistan’s foreign currency reserves and contribute towards resolving adverse effects of Covid-19 pandemic, says SBP

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Shahzad Tex. / Jun 4 Shahzad Textile Mills Limited(SZTM)	75.22 ▲ 6.84 (10%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	32.70 ▲ 2.92 (9.81%)
Gulshan Sp. / Jun 4 Gulshan Spinning Mills Limited(GSPM)	6.70 ▲ 0.52 (8.41%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.57 ▲ 1.68 (8.04%)
Punjab Oil / Jun 4 Punjab Oil Mills Limited(POML)	158 ▲ 10.87 (7.39%)
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	6.19 ▲ 0.42 (7.28%)
AKD Securities / Jun 4 AKD Securities Limited(AKDSL)	37.80 ▲ 2.46 (6.96%)

Stock	Price
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	2,001.10 ▼ -163.51 (-7.55%)
AL-Noor Sugar / Jun 4 Al-Noor Sugar Mills Limited(ALNRS)	115 ▼ -9.31 (-7.49%)
Data Agro / Jun 4 Data Agro Limited(DAAG)	76.25 ▼ -5.49 (-6.72%)
Bawany Air Products / Jun 4 Bawany Air Products Limited(BAPL)	33.06 ▼ -1.49 (-4.31%)
Hala Enterprise / Jun 4 Hala Enterprises Limited(HAEL)	22.56 ▼ -0.83 (-3.55%)
Abbott Lab. / Jun 4 Abbott Laboratories (Pakistan) Limited(ABOT)	861.30 ▼ -25.06 (-2.83%)
Nimir Ind.Chem. / Jun 4 Nimir Industrial Chemicals Limited(NICL)	180.07 ▼ -5.08 (-2.74%)
Dandot Cement / Jun 4 Dandot Cement Company Limited(DNCC)	19.82 ▼ -0.51 (-2.51%)
Tata Textile / Jun 4 Tata Textile Mills Limited(TATM)	128.11 ▼ -3.25 (-2.47%)
Quice Food / Jun 4 Quice Food Industries Limited(QUICE)	31.25 ▼ -0.58 (-1.82%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	8,376,554 ▲ 0.42
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	1,163,969 ▲ 0.68
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	496,252 ▲ 0.21
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	454,003 ▲ 1.26
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	451,917 ▲ 0.89
AKD Securities / Jun 4 AKD Securities Limited(AKDSL)	448,743 ▲ 2.46
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	291,616 ▲ 0.37
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	289,428 ▲ 0.06
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	243,782 ▲ 0.21
Honda Atlas Cars / Jun 4 Honda Atlas Cars (Pakistan) Limited(HCAR)	224,902 ▼ -1.16

Saudi Fund for Development

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