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Author: Nayab

UAE

UAE Rolls Over $2 Billion Loan to Pakistan for One Month

The United Arab Emirates has approved a one-month rollover of a $2 billion loan to Pakistan, underscoring Islamabad’s continued dependence on short-term external support to stabilize its foreign exchange reserves. The UAE loan rollover carries an interest rate of 6.5 percent, reflecting tighter global financial conditions and ongoing negotiations between the two countries. Short-Term Extension […]
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Wafi

Wafi Energy Investment Signals Strong Confidence in Pakistan’s Energy Market

Wafi Energy investment plans underline renewed confidence in Pakistan’s economic recovery, as the company considers deploying up to $100 million over the next two to three years to expand its national footprint. The proposed investment reflects a strategic effort to scale fuel retail operations, enhance storage capacity, and modernise business processes through advanced digital solutions. […]
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FIA

Cynergico PK Limited to Repay Rs 47 Billion in FIA Fraud Case

Cynergico PK Limited Named in Major FIA Karachi Recovery Cynergico PK Limited (CPL), formerly known as Byco Petroleum, has begun repayment after the Federal Investigation Agency (FIA) Karachi recovered Rs. 47 billion in one of Pakistan’s largest-ever corporate fraud cases. The recovery marks a major milestone in the ongoing accountability drive targeting large-scale financial misconduct. […]
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NCCIA

NCCIA Exposes Major Child Exploitation Network

Cybercrime has once again emerged as a serious threat to child safety in Pakistan, as the National Cyber Crime Investigation Agency (NCCIA) registered a First Information Report in a high-profile case involving the grooming and exploitation of minors through fake social media profiles. The case, registered at the NCCIA Cyber Crime Reporting Centre in Islamabad, […]
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Habib Rafiq Uzbekistan cooperation

Habib Rafiq Uzbekistan Cooperation Sealed in Powerful Investment Ministry MoU

TASHKENT, Jan 31 (APP): Pakistan’s leading conglomerate Habib Rafiq Engineering (Pvt.) Ltd has signed a memorandum of cooperation with Uzbekistan’s Ministry of Investment, Industry and Trade, giving fresh momentum to Habib Rafiq Uzbekistan cooperation in infrastructure and industrial development. The agreement highlights growing confidence between the two countries and reflects a shared commitment to long-term […]
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