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.
Rupee continues to tumble, down 3.1 per cent
It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.
Karachi water supply, Yellow Line projects recommended to ECNEC
ISLAMABAD: The Central Development Working Party (CDWP) on Thursday accorded approval to one project worth Rs385 million and recommended four projects worth Rs123.6 billion to...
Pakistan, South Korea sign framework arrangement worth $500m
Under the arrangement, South Korea will provide long-term concessional financing for the execution of various development projects in PakistanISLAMABAD: Adviser to Prime Minister on...
CDWP clears two projects worth Rs17.2bn
ISLAMABAD: The Central Development Working Party (CDWP) on Tuesday accorded approval to a project worth Rs202.412 million and recommended a project worth Rs17 billion to...
Gwadar free zone being modelled after China’s Shekou Industrial Zone
BEIJING: Gwadar Port free zone would be modelled after the Shekou Industrial Zone in Shenzhen, China, comprising a port, an industrial park, and residential and...
CDWP recommends three projects worth Rs209bn to ECNEC
Projects include Rs45.9bn transmission line between Pakistan and Tajikistan, Rs85.9bn Balakot Hydropower Project and Rs77bn Karachi BRT ProjectISLAMABAD: The Central Development Working Party (CDWP)...
Swat motorway to be inaugurated next month
Khyber Pakhtunkhwa Communication and Works Minister Akbar Ayub Khan said Prime Minister Imran Khan is expected to inaugurate Swat motorway on 25th of next...
PM inaugurates nonstop, luxurious Jinnah Express train
The train will cover the distance between Lahore and Karachi in 15 hoursLAHORE: Prime Minister Imran Khan on Saturday inaugurated the non-stop and luxurious...
Inauguration of Lahore-Abdul Hakeem Motorway on 31st
'The important segment of Karachi-Peshawar Motorway will link the districts of Sheikhpura, Nankana Sahib, Faisalabad, Toba Tek Singh and Khanewal to the motorway...
WAPDA formally awards Mohmand Dam contract to Descon, CGGC
Upon completion, the project will store about 1.2m acre-feet of water, generate 800MW of low-cost hydel electricity and help mitigating floods in KPLAHORE: Following...
PM to perform groundbreaking of new Gwadar airport this week
Prime Minister Imran Khan will perform the groundbreaking of the new airport in Gwadar this week, a Chinese Embassy official stated on Tuesday.https://twitter.com/zlj517/status/1110449273127223296It is...
Sri Lanka signs $1bn loan with China to build highway
COLOMBO: Sri Lanka signed a $989 million loan with China’s Exim Bank on Friday to build a highway linking the centre of the Indian Ocean...
ADB approves $9m financing for KP projects
ISLAMABAD: The Asian Development Bank (ADB) has approved $9 million in project readiness financing (PRF) to support the preparation and design of urban sector projects...
China agrees to finance 14 social sector projects in GB
ISLAMABAD: The visiting Chinese experts, who held detailed meetings with the representatives of federal and provincial governments, including Azad Jammu Kashmir and Gilgit Baltistan (GB),...
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Stocks rise after Trump says he’ll meet with Xi next week
NEW YORK: Stocks rose sharply on Wall Street Tuesday as traders cheered news that the leaders of the US and China will meet face-to-face next...
