Saudi - Pakistan affairs

Minister confirms Saudi Arabia will provide funds for Pakistan through the IMF

Pakistan’s International Monetary Fund (IMF) bailout deal looks set to progress following a commitment from Saudi Arabia to fund the beleaguered country. The IMF has been in talks over resuming $1.1bn in funding that stopped in November. Central bank reserves have fallen to such an extent that they are insufficient for four weeks of imports, […]

By hassani

April 6, 2023April 6, 2023

News

Strong balance sheet and buffers lead to Fitch’s upgrade of Saudi Arabia to ‘A+’

Fitch ratings agency has upgraded Saudi Arabia’s credit rating from ‘A’ to ‘A+’. The boost, made due to the Gulf state’s strong fiscal and external balance sheets along with a favourable debt-to-GDP ratio and robust sovereign net foreign assets, follows the decision by Saudi Arabia and other OPEC+ members to cut crude oil production, announced […]

By hassani

April 5, 2023April 5, 2023

PakistanNews

Jemaah haji harus mengunduh aplikasi Saudi Visa Bio – TH.

Tabung Haji CEO Datuk Seri Syed Saleh Syed Abdul Rahman has asked potential pilgrims to download the Saudi Visa Bio app on their smartphones. It has been mandated by the Saudi Arabian government for Hajj visa applications this year. The app contains four stages: completing an email address, uploading a photo page of the passport […]

By hassani

April 4, 2023April 4, 2023

Tech

Naver Collaborates with Saudi Arabia to Develop Digital Twin and Super App for City-Scale.

South Korean internet giant Naver will create a city-scale digital twin and a “super app” for Saudi Arabia under a new agreement with the Middle Eastern country’s Ministry of Municipal and Rural Affairs and Housing, and the Ministry of Investment. Naver and its artificial intelligence and cloud affiliates Naver Labs and Naver Cloud will collaborate […]

By hassani

April 1, 2023April 1, 2023

Tech

A ‘revolution that puts humans first’ or a death sentence? Why Saudi Arabia’s ‘smart city’ is under fire

Saudi Arabia’s futuristic mega-city, Neom, is facing criticism for its forced eviction of the Huwaitat tribe to make way for the project. Three members of the tribe were sentenced to death for opposing their displacement, and there have been claims of shootings and executions. Neom, which consists of three regions including The Line – a […]

By hassani

March 18, 2023March 18, 2023

News

Saudi Prince Fahad visits Khazana HQ in Lahore

لاہور: سعودی شہزادہ فہد بن منصور السعود نے 8 مارچ 2023 کو لاہور میں خازانہ ہیڈکوارٹر کا دورہ کیا اور ان کا خیرمقدم Khazana Enterprise & Dinco گروپ کے چیئرمین، عتیزاز باب دین اور Brillanz گروپ کے چیئرمین عامر ہاشمی نے کیا۔ CEO، ندیم خان اور ان کی قیادت کی ٹیم KSA، افریقی اور یورپی […]

By hassani

March 11, 2023March 11, 2023

PakistanNews Tech

Saudi prince formally launches $100mn tech house in Pakistan

سعودی عرب کے شہزادہ فہد بن منصور السعود نے پیر کو پاکستان میں 100 ملین ڈالر کے سعودی-پاکستان ٹیک ہاؤس (SPTH) کا باضابطہ طور پر آغاز کیا، جس کا مقصد اگلے پانچ میں آئی ٹی سیکٹر میں 100 ملین ڈالر کے مجموعی منصوبے کی مالیت سے 1000 سے زائد ملازمتیں پیدا کرنا ہے۔ سال، ایک […]

By hassani

March 8, 2023March 8, 2023

PakistanNews

Imf: Pakistan seeks Saudi Arabia’s confirmation for funds to ink IMF deal – Times of India

اسلام آباد: نقدی کی کمی پاکستان سعودی عرب سے 2 بلین ڈالر کے اضافی ذخائر اور 950 ملین ڈالر کے قرضے کے حصول کے لیے سعودی عرب کی تصدیق کی کوشش کر رہا ہے۔ عالمی بینک اور AIIB کے ساتھ اسٹاف لیول کے معاہدے (SLA) پر دستخط کرنے کے لیے آئی ایم ایف، میڈیا رپورٹس […]

By hassani

March 6, 2023March 6, 2023

PakistanNews

Pakistan seeks assurance from Saudi Arabia to unlock IMF deal – Times of India

اسلام آباد: پاکستان سے تصدیق مانگ رہا ہے۔ سعودی عرب 2 بلین ڈالر کے اضافی ذخائر اور عالمی بینک سے 950 ملین ڈالر کے قرض کے پروگرام کے حصول کے لیے اور ایشین انفراسٹرکچر انویسٹمنٹ بینک (AIIB) کے ساتھ اسٹاف لیول کے معاہدے (SLA) پر دستخط کرنے کے لیے بین الاقوامی مالیاتی فنڈ… >Source link> […]

By hassani

March 6, 2023March 6, 2023

Sports

Saudi Arabia send first female team to ITF event

[ Women’s sport in Saudi Arabia reached a new milestone this week as the conservative kingdom sent their first female team to an International Tennis Federation (ITF) event. The Asia/Oceania pre-qualifying event of Billie Jean King Cup Juniors, hosted this week in Colombo, Sri Lanka, is the first time Saudi Arabia has been represented by […]

By hassani

February 23, 2023February 23, 2023