Creditors seek legal advice on options against Abraaj

The Wall Street Journal reported on Wednesday that Kuwait’s Public Institution for Social Security on May 22 filed a case in a Cayman Islands court against Abraaj, claiming the company is unable to repay a $100 million loan and $7 million interest by the agreed date

LCCI demands DRAP to form a liaison committee

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has demanded from the Drug Regulatory Authority of Pakistan (DRAP) to form a...

Reckitt Benckiser collaborates with four Pakistani brands to facilitate health sector

KARACHI: Reckitt Benckiser, in collaboration with Shan Foods, Shield Corporation, Syntax and English Biscuits, is setting up a company in Pakistan to...

PBBC proposes to establish network of hospitals across Pakistan

ISLAMABAD: Finance Minister Asad Umar on Friday received a delegation of Pakistan-Britain Business Council (PBBC) and its sister organisation, Pakistan-Scotland Business Council (PSBC),...

Finland ready to help Pakistan in health, energy and forest sectors

ISLAMABAD: The Roving Ambassador-designate of Finland to South Asia Harri Kämäräinen along with Honorary Consul of Finland in Pakistan Asad Ansari visited Islamabad...

PBIT, Ittehad Chemicals ink $40 million MoU for chemical unit

LAHORE: Ittehad Chemicals Limited and Punjab Board of Investment and Trade have signed a memorandum of understanding (MoU) to establish state-of-the-art facility, valued at $40...

Healthcare: the (hitherto) ignored priority

If one had to reduce the state of an entire nation’s healthcare to a single number, it would be average life expectancy,...

CDWP approves 17 projects worth Rs19.2bn

ISLAMABAD: The Central Development Working Party (CDWP) approved 17 projects of worth Rs 19.2 billion and forwarded 7 mega projects of worth...

ECNEC clears Diamer Bhasha dam, poverty alleviation projects

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) under the chair of Prime Minister Shahid Khaqan Abbasi approved various energy,...

CDWP approves 31 projects worth Rs713 billion

Central Development Working Party (CDWP) under the chairmanship of Planning Commission Deputy Chairman Sartaj Aziz on Wednesday approved 31 projects worth Rs713 billion and referred 8 projects worth Rs694.88 billion were referred to ECNEC for further action.

Punjab government mute over averting serious drinking water issues

LAHORE: Over 11.21 million households in Punjab are facing direct health risks following the 4,662 completely dysfunctional drinking water supply schemes that...