Tag Archives: managing director

Pakistan Assures IMF of Full Commitment to Ongoing Extended Fund Facility

Meeting the International Monetary Fund’s Managing Director In a significant development, Prime Minister Shehbaz Sharif of Pakistan recently met with the managing director of the International Monetary Fund (IMF), Kristalina Georgieva. This meeting served as a platform for fruitful discussions regarding the IMF’s continued engagement with Pakistan. Prime Minister Shehbaz expressed his pleasure in meeting… Read More »

UAE-based AD Ports Group Signs 50-Year Concession Agreement with Karachi Port Trust

The UAE-based AD Ports Group has entered into a groundbreaking 50-year concession agreement with Karachi Port Trust (KPT), signaling a significant development for both parties involved. According to an official statement released on Thursday, the agreement involves the operation of Karachi Gateway Terminal Limited (KGTL) and an impressive investment of $220 million (Rs63.129 billion) earmarked… Read More »