The Weakening Rupee and its fluctuating exchange rate against the dollar have become a matter of concern in the interbank market. On Tuesday, the rupee experienced a significant depreciation of Rs2.46 against the dollar, dampening the initial optimism surrounding the agreement with the International Monetary Fund (IMF). Understanding the Exchange Rate Movement According to the… Read More »
Karachi, Pakistan – In a significant move, Pakistan and the United Arab Emirates (UAE) have joined hands to pave the way for the development of renewable energy projects in Pakistan. The agreement, signed in Islamabad, was witnessed by Pakistan’s Prime Minister Shehbaz Sharif and Sultan Ahmed Al Jaber, the UAE’s Special Envoy for Climate Change… Read More »
Amidst the prevailing power crisis in the country, the Water and Power Development Authority (WAPDA) and Sheikh Ahmed Dalmook Al Maktoum’s private office from the United Arab Emirates (UAE) have joined hands to undertake strategic projects in Pakistan’s energy sector. This collaboration, marked by the signing of two significant Memorandum of Understanding (MoUs) on Sunday,… Read More »