Pakistan is set to secure around $6 billion over the next three years in a bailout from the International Monetary Fund (IMF).
It's the 13th bailout since the late 1980s that the country has received from the IMF.
"Pakistan is facing a challenging economic environment, with lackluster growth, elevated inflation, high indebtedness, and a weak external position," IMF representative Ernesto Ramirez Rigo said.
The funding still needs approval from the IMF's management.
Etihad Airways to start services to Damascus next June
UAE national carrier, Etihad Airways, has announced it will start operations to Damascus in Syria from June, 2026.
Exclusive: No impact on Carrefour supermarkets in UAE, says MAF
There is no immediate plan to shut down Carrefour in the UAE, Majid Al Futtaim's CEO of Retail, Dr. Günther Helm, confirmed days after they shuttered operations in Kuwait and Bahrain.
Meta launches 'superintelligent' smart glasses with built-in display
Meta Platforms launched its first consumer-ready smart glasses with a built-in display on Wednesday, seeking to extend the momentum of its Ray-Ban line, one of the early consumer hits of the artificial intelligence era.
Saudi Arabia, Pakistan sign mutual defence pact
Saudi Arabia and Pakistan signed a mutual defence pact late on Wednesday, significantly strengthening a decades-old security partnership.
Dubai named 'Crown Jewel' of Middle East maritime sector
Dubai has cemented its position as a top maritime hub, earning the title 'Crown Jewel of the Middle East’s Maritime Sector' in the 2025 International Shipping Centre Development Index.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
