Foreign Direct Investment in Pakistan rises 17% in FY24
Despite regional lows, investments grow with China and Hong Kong leading FDI contributions.
Govt is taxing mutual funds. What long-term impact can this have on the mutual fund industry?
The goal of the budget proposals might be to increase tax revenue but it can have a real impact on the shift taking place in the mutual fund industry
Foreign investors inject $35.6mn into Pakistan’s T-Bills in May
Stable rupee and high returns attract a net inflow of $192.6 million into T-bills in current fiscal year
Pakistan’s investment ratio hits 50-year low at 13.1% of GDP
National Accounts Committee figures highlight economic challenges despite SIFC’s efforts
PM establishes Cabinet Committee on Chinese Investment Projects
Committee will oversee and facilitate Chinese investment initiatives
Foreign direct investment in Pakistan declines 17% in 8MFY24
Power sector leads with 30% of total foreign investment, amounting to $249 million
Fatima Group acquires 33.33% stake in National Resources, plans further investments
The acquisition was made from Reliance Commodities (Private) Limited, another associated company of Fatima Group, for a total consideration of PKR 252.19 million.
Pakistan launches VC Fund to boost startup ecosystem
The fund will provide up to $10 million annually to early-stage startups that have secured other investors, aiming to attract global venture capital back to the country.
Pakistan’s FDI up by 7% in first four months of FY2023-24
SBP data shows FDI in October 2023 was recorded at $122.46 million, down by 29.05% MoM from $172.6 million in September
Inside the high returns of the Meezan Sovereign Fund
Al Meezan Investments wants to grow your wealth and is offering high returns. Is there a catch?
A terminal of Karachi Port has been sold to Emirati investors. How does it work and could there be roadblocks?
Abu Dhabi Ports is set to takeover operations from the PICT. But will the dicey law used to make the transaction go through prove to be a problem?
Gold prices shatter record highs amid political turmoil
LAHORE: Gold prices on Tuesday reached yet another all-time high as investors moved towards the precious metal due to the political uncertainty...
Gold hits another all-time high
Pakistan's gold prices rose to a new record high on Wednesday, with the price of 24-carat gold increasing by Rs450 per tola...
Avanceon and ZOMCO sign JV to expand presence in Saudi Arabia
JV will complement the companies respective expertise and experience to gain ground within the system integration and automation space in the region
As the LHC strikes down tax on property, ‘plot’ business may see resurgence Â
New law mandated that every property owner would have to pay tax equivalent to 1% of market value of property to federal govt