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Articles for tag: 100-index, Arabia, breaks, deposit, end of week, expansion, level, positive note, PSX, Saudi

December 5, 2025

News Desk

PSX Breaks 167,000 Level on $3B Deposit Expansion in Saudi Arabia

KARACHI: The Pakistan Stock Exchange remained in a consolidation mode as the benchmark KSE-100 closed just above the 167,000 level, boosted by improved external support and easing political uncertainty. At the end of the trading day, the KSE-100 closed at 167,086 points, up 802 points or 0.48%. “Throughout the day, the benchmark remained largely in positive territory, supported by key developments,” said Ali Najib, Deputy Head of Trading at Arif Habib Ltd. Saudi Arabia has extended its $3 billion deposit in Pakistan for another year, providing much-needed comfort to the foreign sector. Additionally, the president’s assent to the summary for

December 4, 2025

News Desk

Saudi Arabia offers $3 billion deposit support to Pakistan

This representational image shows a foreign exchange trader counting US dollars in a shop in Karachi. — AFP/File The Saudi Arabian Development Fund is carrying over deposit for another year. The new expansion is aimed at boosting Pakistan’s foreign exchange reserves. The $3 billion deposit was initially placed with the SBP in 2021. Saudi Arabia has extended the duration of its $3 billion deposit in Pakistan for another year to support the country’s economy, the State Bank of Pakistan (SBP) said on Thursday. In a statement, the central bank said: “The Saudi Development Fund (SFD) on behalf of the Kingdom

April 10, 2025

News Desk

Rosie O’Donnell reacts to adopted daughter deposit to change the last name

Rosie O’Donnell reacts to adopted daughter deposit to change the last name Rosie O’Donnell is addressing Chelsea’s daughter’s decision to deposit her daughter for a brand change. The 63 -year -old actress published a poem of a massive 30 Stanza on Sunday in response to a Chelsea January deposition on a change of name after Rosie to cut her out of $ 80 million. “She wishes to change her last name / named Moms Moms Moms / makes no sense for me / I’m not the same,” she wrote in the free poem, entitled “My child Chelsea”. The comedian also

April 8, 2025

News Desk

Cassie Ventura to deposit with his own name in Sean ‘Diddy’ Combs

Cassie Ventura to deposit with his own name in Sean ‘Diddy’ Combs Cassie Ventura is one of the four alleged victims who will appear in the upcoming federal trial against Sean Diddy Combs, but will not keep her testimony anonymous. The 37 -year -old model and singer, who was in comments from 2007 to 2018, will deposit under her name against the frustrated rapper on May 5. Federal prosecutors have recently made a proposal confirming that Ventura, which initially referred to judicial deposits as a victim-1, will not remain anonymous during her testimony. “(Cassie) is willing to testify by her

February 11, 2025

News Desk

The increase in deposit

Karachi: Rejecting the proposed increase in security interest rates by DISCOS, business leaders asked the National Electricity Regulatory Authority to address their concerns and oppose raising interest rates. They said they would stop industrialization and weaken the competitiveness of local industries, because the proposed increase, such as the increase in B2 (invoice) deposits from RS2,010 per kilowatt hour to RS54,783/kW, was unbearable. The president of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, urged Nepra to put the proposed increase in deposit rates until the required information was shared with all relevant bodies and a significant and

January 25, 2025

News Desk

Blake Lively, Ryan Reynolds ordered to “deposit” in Baldoni’s bomb claims

Blake Lively, Ryan Reynolds were ordered to deposit in Baldoni’s bomb claims Blake Lively and Ryan Reynolds are to be called upon all text messages, emails and communication about Justin Baldoni and the movie Ends to us. Per Daily MailThe Hollywood couple were named as a lawsuit filed by Baldoni last week, and if the actor wins, Lively and Reynolds will have to pay $ 400 million. The 37 -year -old actress, her 48 -year -old husband and their public relations agent, Leslie Sloane, are called upon to give deposits. They should answer questions from Baldoni’s lawyers and deposit hours.

November 29, 2023

News Desk

Saudi Arabia extends $3 billion deposit term for another year

Pakistan’s central bank said on Wednesday that Saudi Arabia has extended the term of its $3 billion worth of deposits for another year, a move that would help the country maintain its foreign exchange reserves and boost its domestic economy. “The Saudi Development Fund (SFD) on behalf of the Kingdom of Saudi Arabia has extended its USD 3 billion deposit due on December 5, 2023 for one more year,” State Bank of Pakistan (SBP) said in a statement. announcement. statement. Read more: PSX breaks 60000 points milestone He added that the said amount has been deposited with SBP on behalf

November 29, 2023

News Desk

Saudi Arabia extends $3 billion deposit term for 1 year

A foreign exchange dealer counts US dollars in a shop in Karachi. — AFP/File SFD on behalf of Saudi Arabia extended, says SBP. The deposit will help maintain Pakistan’s foreign exchange reserves. $3 billion deposit agreement initially signed with SBP in 2021. In a major development for the struggling economy, Saudi Arabia has extended the term of its $3 billion deposit with the State Bank of Pakistan (SBP) for another year. “The Saudi Arabian Development Fund (SFD) on behalf of the Kingdom of Saudi Arabia has extended the term of its US$3 billion deposit due December 5, 2023 for one

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