CDWP clears two projects worth Rs17.2bn
ISLAMABAD:Â The Central Development Working Party (CDWP) on Tuesday accorded approval to a project worth Rs202.412 million and recommended a project worth Rs17...
PM inaugurates nonstop, luxurious Jinnah Express trainÂ
The train will cover the distance between Lahore and Karachi in 15 hours
LAHORE:Â Prime Minister Imran Khan on Saturday inaugurated the non-stop...
COAS promises support for businessmen of rain-struck Karachi
KARACHI: Chief of Army Staff (COAS) General Qamar Javed Bajwa has assured help for the entrepreneurs in Karachi, as trade and commerce...
ADB approves $9m financing for KP projects
ISLAMABAD:Â The Asian Development Bank (ADB) has approved $9 million in project readiness financing (PRF) to support the preparation and design of urban...
Govt to take $490m loan from ADB for Karachi BRT project
ISLAMABAD:Â The government has decided to take a loan of $490 million from the Asian Development Bank (ADB) in order to fund the...
‘Govt committed to timely completion of WB-funded projects’
ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar, while appreciating the contribution of World Bank in the socio-economic development of Pakistan, has said the...
Pakistan gets 50 million broadband users in four years
KARACHI: Pakistan-based cellular mobile operators (CMOs) have added 50 million mobile broadband subscribers to their networks in four years since April 23,...
Zameen.com’s parent company now has $100 million more to invest
DUBAI: Emerging Markets Property Group (EMPG) has raised $100 million in a Series D funding led by KCK Group and eight other...
Dawood Hercules backs off Rs17.453 billion deal with Edotco Pakistan
At end of August 2017, DHCL in partnership with Edotco entered into an agreement with Veon Pakistan Limited to acquire its wireless tower business in Pakistan for $940 million.
Construction of Faisalabad Expo Centre to commence this year: Dawood
LAHORE: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Monday that the construction of a state-of-the-art expo centre in...
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
Govt released Rs638.9bn for development projects in FY19
ISLAMABAD: The federal government released Rs638.9 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme...
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.
ADB approves $235m loan for Karachi’s BRT
The Asian Development Bank (ADB) has approved a
$235 million loan to help develop Karachi’s Bus Rapid Transit project.
According to a statement issued...
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.