Aurangzeb steps up economic diplomacy Updated 18 Apr, 2026 09:02am ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, during the fourth day of the...
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....
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 ...
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 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...
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
$3bn deposit: SFD extends term for one year Updated 30 Nov, 2023 08:46am KARACHI: The Kingdom of Saudi Arabia (KSA) has extended the term for a $3 billion deposit placed with Pakistan to...
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 oil facility: POL worth $300m imported on deferred payment Published 17 Oct, 2023 05:51am ISLAMABAD: Pakistan imported petroleum products worth $300 million on a deferred payment basis under the Saudi oil...
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...
FY23: POL products worth $1.182bn imported by Pakistan on deferred payment basis Updated 25 Jul, 2023 12:19pm ISLAMABAD: Pakistan imported petroleum products worth $ 1.182 billion on a deferred payment basis under the Saudi...
SFD provides $240m for Mohmand hydro-power dam Updated 09 Apr, 2023 12:07am ISLAMABAD: The Saudi Fund for Development (SFD) signed a $240 million loan agreement to support Pakistan’s Mohmand...
NA told: Oil being imported on deferred payment only from KSA Updated 08 Apr, 2023 01:48pm ISLAMABAD: The National Assembly was informed on Friday that crude oil is being imported on a deferred payment basis...
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
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...
KSA says could boost investments to $10bn Updated 11 Jan, 2023 08:57am DUBAI: The Kingdom of Saudi Arabia (KSA) said it could increase its investments in the cash-strapped Pakistan...
Fiscal, monetary steps discussed Updated 08 Dec, 2022 09:15am ISLAMABAD: Finance Minster Senator Mohammad Ishaq Dar and State Bank of Pakistan (SBP) Governor Jameel Ahmad...
Govt debt stocks hit historic high of Rs50.152trn Updated 06 Dec, 2022 09:31am KARACHI: The federal government’s total debt (domestic and external) stocks crossed the Rs 50 trillion mark by the...
SBP repays $1bn bond before due date Updated 03 Dec, 2022 01:21pm The State Bank of Pakistan (SBP) paid back $1 billion against Sukuk bonds on Friday, three days before its...
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
Pakistan, KSA to sign several pacts Updated 11 Nov, 2022 09:20am ISLAMABAD: Pakistan and Saudi governments are giving final touches to several pacts including Bilateral Investment...
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
Saudi deferred payment facility: Country imports $100m oil in September Updated 23 Oct, 2022 05:23pm ISLAMABAD: Pakistan imported petroleum products worth $100 million on deferred payment basis under the Saudi oil...
Saudi Fund for Development team due today Updated 17 Oct, 2022 01:32pm Will finalise agreements with Pakistani authorities
$1.6bn funding: PM tasks Dar to resolve SFD reservations Updated 09 Oct, 2022 09:53am ISLAMABAD: Prime Minister, Shehbaz Sharif has assigned Finance Minister Senator Ishaq Dar the responsibility to...