Zameen.com’s parent company now has $100 million more to invest
DUBAI: Emerging Markets Property Group (EMPG) has raised $100 million in a Series D funding led by KCK Group and eight other investors, including...
Over 600 Pakistani firms register with China, expanding trade presence
Registrations include 25 mango, 21 citrus, 103 rice, 175 seafood, 185 sesame seed, 106 cherry, 15 rapeseed meal, 10 fish meal, and seven defatted bone companies; commercial mission facilitates market access and e-commerce integration
Telenor and Kistpay partner for smartphone financing
The two aim to jointly provide Shariah-compliant instalments for lower and middle-income customers
PTEA demands immediate resdressal of export-related challenges
'Stuck-up liquidity in refund regime, non-availability of subsidy on energy supplies and imposition of taxes on raw materials have adversely impacted textile industry'
FAISALABAD: Pakistan...
Turkey’s ADO Group to invest in Pakistan’s real estate, construction industry
LAHORE: Turkish business giant ADO Group will invest in Pakistan’s construction and real estate industry, said Shafiq Akbar, Chairman of the Imarat Group of...
Shell blames lower energy prices for profit squeeze
LONDON: Energy giant Royal Dutch Shell said Thursday its net profit was halved in the second quarter due to lower oil and gas prices as...
CCP warns consumers of risks associated with mobile app-based micro-loan facilities
Islamabad: The Competition Commission of Pakistan (CCP) has warned and cautioned the general public about the rising trend of mobile app-based micro-credit and nano-loan...
Malaysian investors urged to become part of CPEC framework
ISLAMABAD: Malaysian High Commissioner to Pakistan Ikram
Mohammad Ibrahim has urged his country’s business community to seize the investment
opportunities offered by Pakistan, especially within the...
EU, US warn Malaysia of security risk in Huawei’s bid for 5G role – FT
The European Union and U.S. have warned Malaysia over risks to national security and foreign investment as it finalises a review of its 5G...
Informal market expands as organized sector shrinks under tax pressure
Writing for Dawn, author Nasir Jamal explains that Pakistan's poor tax revenues, which are below 10 percent of GDP and among the lowest globally,...
Alibaba beats estimates as pandemic fuels online, cloud computing demand
China’s Alibaba Group Holding Ltd beat quarterly revenue and profit estimates on Thursday, as its core commerce and cloud computing businesses continued to grow...
Two Adani Group firms to raise up to $2.57bn from the market
Two Adani group companies including the Indian conglomerate's flagship firm announced plans on Saturday to raise up to $2.57 billion from the market, months...
Countries scramble after Thomas Cook collapse strands travellers
The collapse of British travel operator Thomas Cook TCG.L has left hundreds of thousands of holidaymakers abroad and forced governments and insurers to coordinate...
NADRA collaborates with Virtual Remittance Gateway to enhance digital payments ecosystem
With the new collaboration, users can pay their utility bills, NIS fees, obtain NIMS certificates and perform interoperable financial transactions in a hassle-free manner
Govt urged to clear the air surrounding Shabbar Zaidi’s appointment
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday urged the government to take strong measures to reduce tax gap in order to realize...
