Saudi Arabia pledges support to Pakistan

9 April, 2024

The Pakistan foreign office on Monday announced that Pakistan and Saudi Arabia have reiterated their dedication to accelerate an investment package worth $5 billion previously discussed. This reaffirmation came one day after Prime Minister Shehbaz Sharif met with Saudi Crown Prince Mohammed bin Salman.

Separately, the Diplomat reports that in the recent discussions, Riyadh might have encouraged Pakistan to regain financial stability by entering into an arrangement with the International Monetary Fund. This would serve as a measure of its dedication to stabilization and restructuring efforts.

Written by: Tonata Kadhila

Diplomatic Relations Economic development Foreign Relations International Monetary Fund Investment Package MBS Mohammed Bin Salman Pakistan Saudi Arabia Shehbaz Sharif

Tourism Board Calls for Informal Market Integration

4 February, 2026

Business / Economics

NIDA owes Keetmanshoop municipality nearly N$4.2 million

By: Hertha Ekandjo The Namibia Industrial Development Agency (NIDA) has confirmed that it owes the Keetmanshoop municipality approximately N$4.2 million in outstanding water and electricity charges as of end of January 2026. NIDA spokesperson, Wessel !Nanuseb, says the outstanding electricity bill currently amounts to N$2.8 million, while water stands at […]

3 February, 2026