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Pakistan to get $3 billion from Qatar
ISLAMABAD (Dunya News) – Pakistan will be getting $3 billion in deposits and direct investments from Qatar that will boost forex reserves, reported Bloomberg.
According to details, the Qatar News Agency has reported the investments by citing its foreign minister.
It follows Saudi Arabia and the United Arab Emirates pledging aid packages for Pakistan. Riyadh has given a $3 billion loan to Pakistan whereas United Arab Emirates provided $1 billion.
Qatari Amir’s visit – an impetus to bilateral cooperation, regional peace
ISLAMABAD: Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani concluded his two-day visit to Pakistan on Sunday, which will prove to be an impetus for strengthening the bilateral cooperation in multiple fields like defence, energy and tourism and curbing the money laundering.
At the invitation of Prime Minister Imran Khan, Qatari Amir’s visit marked the wide ranging talks with the prime minister, President Dr Arif Alvi as well as at the delegation level.
Chinese company ready to invest $3b in Lahore project
LAHORE: A Chinese environmental company is ready to invest $3 billion in the clean drinking water and sanitation system in Lahore, said Punjab Board of Investment and Trade (PBIT) Chairman Sardar Tanveer IIyas Khan.
Although he did not disclose the name of the company saying negotiations were at early stages, he revealed that the same company had already completed a couple of hydro projects in Pakistan.
Chinese firm to enhance buying from Pakistan to $1b: Razak
ISLAMABAD - Adviser to Prime Minister on Commerce, Textile, Industries, Production and Investment Abdul Razak Dawood Friday said Li & Fung, a Chinese company, has expressed its intention to enhance purchasing from Pakistan up to 1 billion dollar, which would further help promoting the industrial productivity.
Envoy for further cementing Pak-Tajik economic ties
PESHAWAR - Ambassador of Tajikistan in Pakistan, Nasredin Ismatullo has called for removal of impediments in the way to further cement bilateral trade and economic ties between Pakistan and Tajikistan. While addressing a meeting at Sarhad Chamber of Commerce and Industry (SCCI) on Thursday, Nasredin said that Pakistan and Tajikistan should enhance mutual economic relations by exchanging business delegations and establishing links among them.