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Pakistan receive $1B as investment from Saudi Arabia

30Aug

By Muhammad Dastageer Shams3 Comments

Business, Latest

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...

2 billion dollars in bilateral aid from Qatar to Pakistan

26Aug

By Muhammad Dastageer ShamsNo Comments

Latest

2 billion dollars in bilateral aid from Qatar to Pakistan

Pakistan Army will provide security assistance to Qatar in preparation for the upcoming FIFA World Cup 2022 that will be held in the Middle Eastern country. According to the federal cabinet, the Pakistan Army-Qatar agreement on providing assistance during the mega football event from November 20 to December 18 of this year has been approved. According to a statement released by the central bank on Monday, Pakistan will receive $2 billion from Qatar as bilateral support to ease the country's funding crisis and minimize the risk of its defaulting on its debt. It is also expected that Saudi Arabia will provide $1 billion in oil financing to the country, as well as similar investments from the United Arab Emirates. State Bank of Pakistan (SBP) deputy governor Murtaza Syed said in a b...

There is no mention of Israel on the FIFA 2022 Qatar website

21Aug

By Muhammad Dastageer Shams1 Comment

Sports

There is no mention of Israel on the FIFA 2022 Qatar website

It was recently discovered by Israeli world cup goers that Winterhill Hospitality is authorized by FIFA to sell and distribute FIFA World Cup Qatar 2022 tickets through their online store, but instead shows "Occupied Palestinian Territories" when they search for their country. Prior to being changed to "Palestine", the listing displayed "Palestinian Territory, Occupied". Social media users have had mixed reactions to the change, with pro-Palestine and Palestinian activists appreciating the move while Israelis and Zionists condemned the move as "disgraceful" or "anti-Semitic."". As reported by the Jewish Chronicle, a spokesperson for MATCH Hospitality said: "Our sales agent in Palestine is Winterhill Hospitality, based in Hong Kong. The company, along with BH Hospitality, has been ap...

FIFA World Cup 2022 Footballs made in Pakistan

19Jul

By Aqsa Azam2 Comments

Sports

FIFA World Cup 2022 Footballs made in Pakistan

Once again, Pakistan Footballs will be used in the FIFA world cup 2022. The sports capital Sialkot is recording its name in making history. The Tournament will start in winter this year. FIFA World Cup 2022 is around the corner. Fans are waiting anxiously for a lot of high-voltage matches and rivalries. In this chaos and festivities, a piece of pleasant news came for Pakistan as a nation. Football that will use in the complete tournament is made in Pakistan. Pakistan with the collaboration of China is manufacturing these footballs in the factories of Sialkot. Moreover, the Land of the eagle is already known as the sports capital of the region. They export high-quality goods all over the world. "We have once again been chosen to supply soccer balls for the World Cup, which is an hon...

Prince Charles branded incompetent for Kingship

28Jun

By Aqsa AzamNo Comments

Global

Prince Charles branded incompetent for Kingship

The prince of wales accepted a suitcase containing million euros. It was in cash and Prince Charles accepted that money from the former Qatari prime minister. It branded Prince incompetent for kingship amid the Arab Money row. Prince is under the radar for receiving €1 million. He has received this amount from a Qatari billionaire. The credibility of Prince Charles has been questioned by his people. After the shady transaction off the record, there is a possibility that the Prince is incompetent for kingship. The Prince of Wales’s Charitable Fund, an organization set up in 1979. It helps support multiple causes including those related to healthcare, education, and the environment. According to the paper, this was one of three monetary donations totaling three million euros fro...