The United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considere...

Pakistan's central bank plans to settle a USD 1.5 billion loan with the United Arab Emirates by April 23. This move follows a USD 2 billion...

India faces global challenges from a strong position. Economic growth is projected between 6.8% and 7.1% for FY27. The nation's banking sec...

Pakistan is facing big economic stress after the UAE has demanded repayment of a multibillion-dollar deposit. This has strained the country...

Pakistan Senator Mushahid Hussain has cautioned the United Arab Emirates. He warned about the UAE's growing relationship with India. Hussai...

Cash-strapped Pakistan has requested $2 billion in financial aid from China for a year, seeking to roll over the debt as the deposit time f...

This was in addition to over $5 billion in loans that longtime ally China has rolled over for Pakistan in the last three months, Sharif sai...

The recent developments are a key step forward in signing a much-delayed staff-level agreement (SLA) with the Fund and unlocking multilater...

The funds are part of a USD 6.5 billion bailout package the IMF approved in 2019, which analysts say is critical if Pakistan is to avoid de...

"State Bank of Pakistan is now engaged for needful documentation for taking the said deposit from UAE authorities," Pakistan Finance Minist...

As the Executive Board of the International Monetary Fund is set to meet later this month to formally approve the next tranche of USD 1.2 b...

The UAE economy is expected to shrink by 6.6% this year, the International Monetary Fund (IMF) has estimated, as vital sectors such as tran...

The UAE has already transferred USD 2 billion cash into the coffers of the State Bank of Pakistan (SBP) and another USD 1 billion was expec...

Cash-strapped Pakistan is negotiating a USD 8 billion bailout package from the IMF to overcome a severe balance-of-payments crisis that thr...

The UAE government's financial assistance comes as Pakistan is negotiating a USD 8 billion bailout package from the IMF to overcome a BOP c...

The announcement comes as Pakistan is negotiating a USD 8 billion from the International Monetary Fund (IMF) to bail itself out from a seve...

Ajman Free Zone's new office is part of its global expansion plan and follows opening of offices in India, Dubai and the UK.