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DAVOS: Saudi Arabia is finalising the extension of the kingdom’s $3 billion deposit to Pakistan, Saudi Minister of Finance Mohammed al-Jadaan told Reuters. “We are currently finalising extending the $3 billion deposit to Pakistan,” he said on the sidelines of the World Economic Forum in Davos. Last year, Saudi Arabia deposited $3 billion in Pakistan’s central bank to help support its foreign reserves. Jadaan did not offer further details, but on May 1 the two countries said in a joint statement that they would discuss the possibility of supporting the deposit by extending its term “or through other options.” Related – Pakistan, Saudi Arabia agree to strengthen cooperation Pakistan is in dire need of external finances, hurt by high inflation, reserves declining to as low as less than two months’ of imports, and a fast-weakening currency. Jadaan said Pakistan was an important ally and the kingdom would stand behind the South Asian nation. Uncertainty over the revival of an Intern...

via ARYNews.tv | Urdu – Har Lamha Bakhabar https://ift.tt/XOzfbDN

via ARYNews.tv | Urdu – Har Lamha Bakhabar https://ift.tt/5PVv6KM

Islamabad: The government has decided to shut down Rawalpindi/Islamabad metro bus service ahead of PTI’s Azaadi march tomorrow, ARY News reported.  According to details, the Pakistan Muslim Legaue Nawaz (PML-N) led federal government has decided to shut down the Rawalpindi/Islamabad metro bus service ahead of PTI’s long march on May 25. The service, according to sources, would remain closed for two days. The bus service has been closed at the Islamabad administration’s request. The closure of the service could be prolonged depending on the political and security conditions of the capital in the coming days. Moreover, the administration has also decided to seal the Faizabad interchange, to stop PTI workers from entering the capital. Faizabad interchange is the primary road that leads into the capital city of Islamabad. Also Read :  Orange Train, Metro Bus services to remain suspended   However, a spokesperson of the Interior Ministry has clarified that the mobile p...

Pakistan does not have a single laboratory which could test people for monkeypox, ARY News reported on Tuesday. According to officials, blood samples can be sent outside Pakistan for testing. It was also said that the country is yet to have a testing kit as well.  Earlier, the news was circulating on social media about the detection of two monkeypox cases in Lahore. A spokesperson for NIH, in a statement, said the news circulating on the social media platforms regarding monkeypox cases in Pakistan is ‘fake’. Read more:  Monkeypox alert issued in Pakistan after cases detected in Europe, US No case of monkeypox has been detected in Pakistan so far, the spokesperson said and added that the health officials are strictly monitoring the situation. Earlier, the National Institute of Health (NIH) issued an alert regarding the spread of the disease in Pakistan. In a statement, the health department issued a high alert to provinces and other intuitions to take timely measures to...

Chief of Army Staff (COAS) General Qamar Javed Bajwa had a telephonic conversation with Saudi Arabian King Muhammad Bin Salman, ARY News reported.  According to a statement issued by Saudi Arabia’s Foreign Ministry, COAS Qamar Javed Bajwa called Muhammad Bin Salman. The Army Chief inquired about his health and wished for him to get well soon. KSA King MBS thanked COAS Bajwa for his concerns about his health. Moreover, the Pakistan COAS and MBS also talked about military collaborations between the two nations. Also Read : Turkey’s defence minister calls on COAS Qamar Bajwa: ISPR Earlier on May 21, Turkey’s Minister of National Defence General Hulusi Akar (Retired) on Saturday called on the Army Chief Bajwa to discuss matters of mutual interest including defence and security cooperation between both the countries and the overall regional security situation. On May 19, Chief of Army Staff General Qamar Javed Bajwa visited the School of Artillery, Nowshera. COAS General Qamar J...