Category: Exclusive
Pakistan will host the SCO Heads of Government Summit in October
Pakistan will host the Shanghai Cooperation Organization (SCO) Heads of Government Summit this October. This announcement was made by the Foreign Ministry’s spokesperson, Mumtaz Zahra Baloch, during her weekly media briefing in Islamabad today. The spokesperson mentioned that Pakistan currently holds the rotating chairmanship of the SCO Council of Heads…
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EU extends GSP+ status to Pakistan for four more years
Key points: The European Union has extended its Generalized System of Preferences (GSP+) status to Pakistan for four more years, until 2027. The decision was announced by European Union Ambassador to Pakistan Riina Kionka during a visit to the Karachi Chamber of Commerce and Industry (KCCI). “This is a great…
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Pakistan Welcomes PayPal (Partially): US Giant Partners with Local Provider
Pakistan’s freelancers are disappointed after learning that PayPal will not offer its services directly in the country. Instead, the company will partner with a local third-party payment processor, Payoneer or some other FinTech company already operating in Pakistan. The news comes after years of government efforts to bring PayPal to…
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Rupee Rises 11th Day in a Row Versus US Dollar
The Pakistani rupee continued its remarkable rally on Wednesday, appreciating for the 11th consecutive day against the US dollar. Opening trade saw the rupee bullish, reaching a high of 279 after gaining nearly Rs. 4 during intraday sessions. Since January 2023, the rupee has weakened by nearly Rs. 63 against…
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