Turkish Shylock twists Pak’s arm for $846m pound of flesh

Turkish Karkey demands immediate payment of $846 million arbitration award handed down by the ICSID in August 2017 to Pakistan.

PIBTL working on setting up LPG import facility at Port Qasim

Port Qasim Authority (PQA) Chairman Asad Rafi Chandna said it was working to develop another natural ship navigation channel

Pakistan’s mystery billionaire

“He’s the Howard Hughes of Pakistan. Nobody ever sees him. You’re the first ones (among journalists) who are going to witness him in the...

FBR for AEO programme to boost trade

In order to remove the hurdles in cross-border trade, Federal Board of Revenue (FBR) has decided to make rules regarding the Authorised Economic Operator (AEO) programme.

Karachi Port Trust to build $10bn freight corridor

KARACHI: The KPT is initiating work on the development of a freight corridor at a whopping estimated cost of around $10 billion along the...

PAPCO’s $200 million multi-grade pipeline to be functional next year

KARACHI: The Pak Arab Pipeline Company (PAPCO)’s White Oil pipeline will become multi-grade by the second quarter of 2019, Shell Pakistan’s management told a group...

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Lahore-based amusement company invests over Rs1bn in Rawalpindi

ISLAMABAD: At a time when the country is in desperate need of local and foreign investments, a Lahore-based amusement company, Joyland, under its expansion plan,...

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