CPIC Global signs deal for two mega residential, commercial projects in Gwadar

'The dream of a Gwadar becoming a key economic hub of Asia is not far away now' ISLAMABAD: CPIC Global on Wednesday signed a construction...

CPEC will continue fueling growth of Pakistan’s construction industry over next decade: Fitch Solutions

Improved transparency regarding CPEC projects will aid Pakistan’s efforts in the renegotiation of an IMF bailout, which if sanctioned could provide its struggling economy with much required economic relief, said Fitch Solutions

2018 to be a bumper year for Pakistan’s cement sector: Report

International Cement Review, the world's leading source of cement manufacturing news and information, in its latest report on the Pakistani cement industry has predicted...

Railways ministry faces a Rs37-40bn deficit, says Sh Rasheed

RAWALPINDI: Railways Minister Sheikh Rasheed Ahmed has said that the Railways ministry faces a debt of Rs37 to 40 billion left behind by the...

No relief in federal budget for construction sector, says ABAD

ABAD chairman said that the government has presented a purely political and election budget, which will force the upcoming government to announce supplementary budget just after four months.

Pakistan to emerge as a regional hub in tile manufacturing, Italian expert

“With various international certifications and production of world-class ceramic products, Pakistan is geared to become the regional hub in tile manufacturing,” said Paolo Malavasi, representative of Centro Ceramico - Italy

Special Economic Zones to get electricity, gas

The cost of providing these utilities to the economic zones would be met through the  Cost of the provision of utilities to SEZs will be met through Public Sector Development Programme (PSDP)

‘Lotte Chemical’ shows interest in Pakistan’s chemical manufacturing industry

Pakistan Chemical Manufacturers Association (PCMA) Monday urged the forthcoming government to include the chemical industry in its first 100 days plan and form a...

Hubco, FWO Enjazat sign MoU for cooperation in energy, water, mining sectors

HUBCO has signed a MoU with FWO Enjazat L.L.C to explore collaboration on various business opportunities in energy, water and mining sectors.

Seven Pakistani entities added to US export control list

The United States has added seven Pakistani companies to a list of foreign entities that are subject to stringent export control measures, according to online...

FBR suspends notices issued to builders, developers

KARACHI: Federal Board of Revenue (FBR) Director General Broadening of Tax Base (BTB) Tanveer Malik, on the request of Association of Builders and Developers of...

Has CPEC hit a major roadblock?

China’s infrastructure building spree across the nation seems to have been halted due to Pakistan’s inability to pay its loans

NAB increases scrutiny, seeks proper documentation for major agreements

ISLAMABAD: The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements including LNG...

Schon Properties, owners of Multan Sultan get assets seized by Dubai Land Department

It is pertinent to mention that Schon Properties own Pakistan Super League’s (PSL) Multan Sultan cricket team.

KCR, ML-1 projects of CPEC to hit the ground soon, says Planning secretary

Karachi Circular Railway (KCR) and up gradation of Pakistan’s Railway ML-I projects are the main focus in transport infrastructure sector to be implemented in the current phase of China Pakistan Economic Corridor (CPEC).

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Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its customers. The company...

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Huawei expects to see revenue uplift from 5G roll-out next year

SHANGHAI: Huawei Technologies expects the roll-out of next-generation 5G wireless networks to start contributing to the firm’s revenue from next year when China launches...