Gifting Each Pakistani Expat Honorary Tax Payer’s Certificate (NTN)

Overseas Pakistanis added $1.3bn more this year to the official economy and to the disposal income…

Saudi Launches Digital Payment Portal For Govt., Businesses, Vendors

AL-BILAD DAILY — Saudi Arabia is introducing an e-Invoicing and electronic payment platform designed to digitize…

IMF Releases $1 Billion; Deal Opens Up Door to Other Global Lending Orgs.

PKONWEB — The International Monetary Fund (IMF) has released $1 billion to Pakistan immediately and said…

Saudi Oil For Pakistan On Deferred Payment Starts July 1

PKONWEB — Pakistan will start receiving Saudi oil on deferred payment facility from July 1, a…

Former Executive of Arif Naqvi’s Abraaj Group Pleads Guilty to U.S. Charges in Plea Bargain

“I share responsibility for what happened,” Abdel-Wadood said. “I regret my involvement more deeply than anyone…

Karachi Woes: World Bank Provides $652M Loan to Help Make Pakistan’s Economic Powerhouse Livable

Karachi has “highly complex political economy, highly centralized but fragmented governance, land contestation among many government…

Saudi Stock Exchange Relaxes Ownership Limits For Foreign Investors

There will be no minimum or maximum ownership limit, although the owners must hold the shares…

Saudi Military’s Latest Acquisition, JVs at Paris Air Show to Boost Local Defense Ambitions

Although Saudi Arabia is the world’s third biggest military spender ($67.6bn), only 2 percent of this…

Saudi Launches Special Residency Visa Scheme, Like Green Card for Expats

In a related development, investors of Saudi $500bn Neom city will get residencies and visa-free travel…