UAE to convert $1bn SBP deposit into equity investment with Fauji Foundation
The UAE plans to convert its $1 billion deposit with the State Bank of Pakistan into an equity investment with Fauji Foundation, reducing external liabilities and boosting FDI without impacting SBP reserves.
Fauji Foundation Signs LOI With Binance for Blockchain and Crypto Collaboration in Pakistan
Fauji Foundation has signed a Letter of Intent with Binance to explore collaboration in blockchain, cryptocurrency, digital payments and Web3 in Pakistan, focusing on infrastructure, education and innovation.