The three MOUs will be signed in the fields of oil refining, liquefied natural gas and mineral development.
Updated 18 Feb, 2019 01:36pm
The Kingdom last year had stepped forward with a $6 billion bailout package for Pakistan’s ailing economy.
Updated 25 Jan, 2019 05:28pm
Information minister says MoU is expected to be signed in February.
Updated 18 Feb, 2019 01:37pm
SBP says third deposit expected from Riyadh in January 2019.
Updated 14 Dec, 2018 08:45pm
Asad Umar says he keeps getting messages from Saudi crown prince "to hurry up" on approval, announcement of package.
Updated 18 Feb, 2019 01:37pm
The $1 billion are part of the $3bn package promised by the kingdom during the visit of Prime Minister Imran Khan.
Updated 25 Jan, 2019 04:22pm
Opposition walks out of the parliament after finance minister leaves without hearing the rebuttal to his speech.
Updated 30 Oct, 2018 04:11pm
Riyadh comes again to Islamabad’s rescue — third in two decades.
Published 29 Oct, 2018 04:58pm
Asad Umar dispels the perception of change in Pakistan’s foreign policy in the ME in exchange for the KSA’s support.
Updated 29 Oct, 2018 09:46am
PTI needs to be more transparent in its decision-making.
Published 25 Oct, 2018 09:46am
Why should PM Khan simply be taken at his word?
Updated 25 Jan, 2019 04:23pm
“The dollar was traded as low as Rs131.80 in the interbank while it closed at Rs132,” says a currency dealer.
Updated 25 Oct, 2018 08:07am
PML-N, PPP question premier’s move of becoming mediator in Yemen conflict.
Updated 25 Oct, 2018 08:11am
Stock market registers highest gain in a single session in three-and-a-half years; dollar falls by Rs1.70.
Updated 25 Oct, 2018 07:41am
“Now the government won’t need much from the IMF,” claims prime minister.
Updated 31 Oct, 2018 06:40pm
Package includes $3bn balance of payments support and another $3bn in deferred payments on oil imports.
Updated 25 Oct, 2018 09:40am
The Kingdom has also agreed to provide Islamabad a one-year deferred payment facility for import of oil, worth $3bn.
Updated 25 Oct, 2018 09:40am
Saudi delegation assures full cooperation for the resolution of problems faced by the energy sector in Pakistan.
Updated 25 Jan, 2019 04:24pm