Tag: Investment

The Bank of China (BOC) opened its branch in Pakistan’s federal capital, Islamabad
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The Bank of China (BOC) opened its branch in Pakistan’s federal capital, Islamabad

The Bank of China (BOC), one of the world's leading financial institutions, has taken a significant step in enhancing its global presence by opening a branch in Pakistan's federal capital, Islamabad. This strategic move highlights the strengthening economic ties between China and Pakistan. And signifies the potential for increased investment and trade between the two nations. A Strategic Milestone for China-Pakistan Relations The inauguration of the Bank of China's branch in Islamabad marks a strategic milestone in the long-standing friendship between China and Pakistan. The establishment of this branch signifies the deepening economic cooperation between the two countries. It also reinforces China's commitment to investing in Pakistan's growing economy. Pakistan's strategic loca...
Pakistan receive $1B as investment from Saudi Arabia 
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Pakistan receive $1B as investment from Saudi Arabia 

Earlier this week, Saudi state TV reported that Saudi Arabia will invest $1 billion in Pakistan. The country's economy will be supported by the Saudi government, according to state TV. During a phone call with Pakistani counterpart Bilawal Bhutto-Zardari, Saudi Arabia's Foreign Minister Prince Faisal bin Farhan informed him of the decision. May God protect King Salman bin Abdulaziz Al Saud, Custodian of the Two Holy Mosques. The brotherly Republic of Pakistan will receive an investment of one billion dollars from him. It confirms the Kingdom's support for the economy of the Republic of Pakistan and its brotherly people. Pakistan is facing an economic crisis and a balance of payments crisis due to a decline in foreign reserves of $7.8 billion. It barely covers a month's worth of i...