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Saudi Arabia’s deferred oil payment facility expired July 9: Ministry of Finance
Ministry of Finance on Saturday said that the $3.2 billion deferred oil payment facility from Saudi Arabia was for one year and will be renewed. The Finance Ministry spokesman has issued an explanatory statement on…
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Business
Rs.30bn subsidy allocation to Naya Pakistan Housing Scheme by PM Imran Khan
A sum worth Rs. 30 billion has been allocated to the Naya Pakistan housing scheme, Prime Minister Imran Khan announced in a very live televised address on Friday, in line with helping the underprivileged class build…
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Business
Google to support Reliance’s digital unit by investing $4.5billion
Google will buy a $4.5 billion stake in Reliance’s digital unit and jointly develop an entry-level smartphone with the Indian conglomerate, the 2 companies said Wednesday as global tech giants race to grab a share of…
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Business
NOKIA, despite drop in sales due to pandemic, claims to return to profits
Finnish telecommunications equipment provider Nokia said Friday it had returned to profit within the second quarter and hiked its 2020 forecasts, despite a drop by sales thanks to the coronavirus pandemic. Net profit came in at…