Home / Tag Archives: GCC

Tag Archives: GCC

An overview of GCC and Pakistan Real Estate

An overview of GCC and Pakistan Real State

Currently Pakistan’s real estate serves as a big pillar in Pakistan economy. According to the World Bank estimate, real estate contributes 60 to 70% of the country’s total wealth and total amount $300 to $400 billion. Unfortunately, since 2017 Pakistan …

Read More »

Growth and prospects of Islamic Banking in Pakistan

Growth and prospects of Islamic Banking in Pakistan

The Islamic banking and finance system offers more ethical and efficient alternative to the interest-based conventional financial system. Islamic banking and finance institutions emerged in the Middle Eastern financial markets in early 1970s, based on models developed by Islamic economists …

Read More »

Betterment of remittances into Pakistan

Betterment of remittances into Pakistan

Statistics showed that during November 2019, overseas Pakistani workers sent $1.81 billion as 9.35 percent higher remittances, which helped improve the country’s ability to make import payments and repay foreign debt. In the same month of the previous year, remittances …

Read More »

An undivided GCC is in Pakistan’s favor

An undivided GCC is in Pakistan’s favor

In June 2017, Saudi Arabia, the UAE, Bahrain and Egypt broke off diplomatic and transportation links with Qatar over its support for extremist groups. They imposed bans on shipping, trade, direct flights, overflights and land crossings with Qatar. After two …

Read More »