A look at WION's monthly global economic health check & how Global markets performed in December. Oil fell 7% with Brent crude hovering around $77 per barrel even as Red Sea tensions escalate. Watch the video to know more!

Global economic analysis for market moves in December

A silent corporate revolution is underway led by women and this revolution is not only changing the way women are represented in the workforce but also bringing in huge profits to multinational corporations. Our next report deep dives into this fascinating intersection of people and profits.

Report: Women-led hedge funds outperform in last 16 years

The UAE has offered to buy minority shares in publicly-listed government-owned enterprises at a negotiated price and a seat on each of the firms' boards in response to cash-strapped Pakistan's request for further loans. China has decided to extend another $2 billion of Pakistani debt that is due between June 27 and July 23, giving Islamabad some much-needed respite after sending $2.3 billion the previous week.

If accepted, the offer would deviate from Islamabad and Abu Dhabi's usual lender-borrower relationship and provide a significant boost to the cash-strapped administration, according to The Express Tribune daily.

According to sources cited by The Express Tribune, the UAE government has offered to use its sovereign wealth funds to buy 10–12% of the stock in government-owned firms that are publicly traded.

The report quoted Finance Minister Miftah Ismail as adding that there is a proposal from a friendly nation to buy shares of Pakistani companies on a buy-back basis, which entails buying securities with secured loans as collateral.

According to the sources, the UAE had made a clear offer to buy holdings in the companies. However, they claimed, the government wants to include a clause in any such deal giving it the right to repurchase these holdings after a specified amount of time.

When Shehbaz Sharif, the prime minister of Pakistan, visited the UAE in April, he requested a multibillion dollar bailout package. According to the sources, the UAE had dispatched a delegation to Pakistan in response to the prime minister's request, and they held a meeting with Sharif in Lahore during the first week of May.

Prior to negotiating a deal at the staff level with the IMF, Pakistan is attempting to resuscitate the IMF programme and is awaiting the draught Memorandum for Economic and Financial Policies (MEFP) document.

According to the sources, Pakistan did not repay the $2 billion loan it received in February 2019, therefore the UAE was not prepared to provide Islamabad another $2 billion check this time. 
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The UAE has offered to buy minority shares in publicly-listed government-owned enterprises at a negotiated price and a seat on each of the firms' boards in response to cash-strapped Pakistan's request for further loans.

The UAE has offered to buy minority shares in publicly-listed government-owned enterprises at a negotiated price and a seat on each of the firms' boards in response to cash-strapped Pakistan's request for further loans. China has decided to extend another $2 billion of Pakistani debt that is due between June 27 and July 23, giving Islamabad some much-needed respite after sending $2.3 billion the previous week. If accepted, the offer would deviate from Islamabad and Abu Dhabi's usual lender-borrower relationship and provide a significant boost to the cash-strapped administration, according to The Express Tribune daily. According to sources cited by The Express Tribune, the UAE government has offered to use its sovereign wealth funds to buy 10–12% of the stock in government-owned firms that are publicly traded. The report quoted Finance Minister Miftah Ismail as adding that there is a proposal from a friendly nation to buy shares of Pakistani companies on a buy-back basis, which entails buying securities with secured loans as collateral. According to the sources, the UAE had made a clear offer to buy holdings in the companies. However, they claimed, the government wants to include a clause in any such deal giving it the right to repurchase these holdings after a specified amount of time. When Shehbaz Sharif, the prime minister of Pakistan, visited the UAE in April, he requested a multibillion dollar bailout package. According to the sources, the UAE had dispatched a delegation to Pakistan in response to the prime minister's request, and they held a meeting with Sharif in Lahore during the first week of May. Prior to negotiating a deal at the staff level with the IMF, Pakistan is attempting to resuscitate the IMF programme and is awaiting the draught Memorandum for Economic and Financial Policies (MEFP) document. According to the sources, Pakistan did not repay the $2 billion loan it received in February 2019, therefore the UAE was not prepared to provide Islamabad another $2 billion check this time. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Shares in listed companies: UAE's Pakistan loan seeks a grip on corporates

European Union lawmakers agreed on a continental target to establish better gender balance in Europe's corporate boards. EU said that they found common ground on a proposal that was first made by the European commission in 2012.

European Union sets rules for better gender balance for corporates

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