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.
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.
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...
Cement industry capacity utilisation touches 99pc in January
ISLAMABAD: Domestic consumption of cement increased by a whopping 37.3 per cent in January 2018 on a year-on-year basis as the construction activities continue to...
President promulgates Naya Pakistan Housing, Development Authority Ordinance
The authority shall prepare feasibility studies for the development of schemes and determine the mode of development accordingly.
Cement despatches decline by 24.19% during March
ISLAMABAD: Cement despatches declined by 24.19% in March, 2023. Total cement shipments during March this year were 3.795 million tons against 5.006 million tons...
PAC, PEC at loggerhead on issuance of illegal license to foreign firms
PAC two months back had asked PEC to provide information about the number of licenses issued to foreign firms for execution of construction projects
AirSial ready for takeoff, gets go-ahead from PM Imran
Prime Minister Imran Khan on Friday granted approval for the launch of a new private airline, AirSial, from Sialkot International Airport.
Contract inked for 660MW power production of JCFPP
ISLAMABAD: An Engineering, Procurement, and Construction (EPC) contract for the first unit with a capacity of 660MW (out of two units of 660MW each), and five years...
Kohat Cement to enter the real estate development market
Manufacturer seeks to follow the footsteps of industry leader Lucky Cement, though it is unclear if it will tap the residential or commercial market first
ICCI urges FBR to stop harassment of builders and developers
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICC), Sheikh Amir Waheed has urged the Federal Board of Revenue (FBR) to stop harassing builders...
Cement sector expected to see profits soar 38% in most recent quarter
Topline Securities anticipates that declining interest rates and rising pricing ability will help the sector improve margins and boost profitability
Cement industry riding a profit boom but bracing for a softer quarter
Eid tends to slow down construction activity, but after a rough few years, the industry finally has some breathing room
Rs 10bn worth benefits given to Chinese firm through tax exemption
ISLAMABAD: Senate’ Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Control informed that around Rs 10 billion worth benefits were given to a Chinese...
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
