Govt approves visa-free access for gulf investors to boost economy

News Image

MG News | July 29, 2024 at 10:05 AM GMT+05:00

0:00

July 29, 2024 (MLN): Prime Minister Shehbaz Sharif says the government has approved visa-free entry of businessmen from Gulf countries to promote foreign investment, business activities and tourism in the country, according to the Information Ministry.

In a statement, he said online visas would be issued within 24 hours to businessmen, investors and tourists from 126 countries.

He said businessmen and tourists from these 126 countries will be exempted from visa fees.

He added that a sub-category to visa on arrival facility has been approved for Sikh Yatrees, holding a passport from a third country to promote religious tourism.

Shehbaz Sharif further said the electronic gate system is being enforced at Islamabad, Karachi, and Lahore airports. 

He said relaxation in visa policy will contribute to economic stability and enhanced foreign exchange reserves.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,810.00 109,815.00
108,585.00
35.00
0.03%
BRENT CRUDE 67.41 67.46
67.38
-0.07
-0.10%
RICHARDS BAY COAL MONTHLY 88.70 88.70
88.70
-0.75
-0.84%
ROTTERDAM COAL MONTHLY 96.15 96.75
96.00
-0.40
-0.41%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.95 64.04
63.90
-0.06
-0.09%
SUGAR #11 WORLD 16.34 16.52
16.33
-0.14
-0.85%

Chart of the Day


Latest News
August 31, 2025 at 07:00 PM GMT+05:00

Weekly Market Roundup


August 30, 2025 at 04:28 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg