Saudi Arabia grants International Islamic University Islamabad Rs144.50 million
The International Islamic University Islamabad (IIUI) received a grant of Rs144.50 million from the Kingdom of Saudi Arabia. Prof Dr Ahmed Saad Alahmed, the IIUI President and Acting Rector, oversaw the acquisition of these funds.
This specific amount covers the Ad hoc Relief Allowance 2026-27 for university employees in Basic Pay Scales 1 to 21. Beyond this allowance, the Saudi Support Fund provides broader funding for infrastructure development, faculty growth, quality enhancement, and recurring costs.
In separate economic news, the government increased the diesel price by Rs1.64. Petrol prices fell by Rs1.60 per litre during the same period.































