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.
FPCCI rebuffs govt’s reservations on CPEC
--Chamber president says public statements by top govt officials blaming China for unfair agreements will be damaging for Pakistan
ISLAMABAD:Â The Federation of Pakistan...
Chinese trade mission to visit Pakistan on 26th
ISLAMABAD:Â Adviser to Prime Minister on Commerce and Textiles Abdul Razzaq Dawood has said a Chinese buying mission, consisting prominent businessmen and investors,...
Private sector asked to invest in railway infrastructure
-- Sheikh Rasheed singles out train stations across the country as a good investment option
LAHORE:Â Pakistan Railways Minister Sheikh Rasheed on Saturday invited...
CLSA to enter Pakistan’s brokerage & investment sector with investment in Alfalah Securities
In January, CLSA expressed keenness to enter the country’s banking sector, as it saw significant investment opportunities in Pakistan
Emerging market fund managers hunt for bargains after Turkey contagion
The selloff in emerging markets gathered momentum after U.S. President Donald Trump in March signed a memorandum targeting up to $60 billion in Chinese goods with tariffs, triggering fears of a global trade war
Pension fund industry’s assets cross Rs26 billion: SECP
Over 65 percent of the assets of the pension fund industry are invested in Shariah-compliant funds
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
SBP may increase 50bps to 7 per cent discount rate, analysts suggest
Market analysts expect a hike of further 200bps in 2nd half of 2018, which will take SBP’s policy rate to 8.5 per cent by December 2018
Election 2018: Political parties release specific plans for CPEC
ISLAMABAD: With the General Election 2018 around the corner, almost all major political parties have come up with their respective election manifestos...
22 projects worth $28.6 billion under implementation: Dr Shamshad
At least 22 projects worth $ 28.6 billion are under implementation which included 15 energy projects under the multibillion-dollar China-Pakistan Economic Corridor (CPEC).
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.
Foreign investment takes a dip, down 26.2 per cent
According to data released by the State Bank of Pakistan (SBP) on Wednesday, the country attracted FDI of $237.9 million in May, down 26.2 per cent from $322.7 million in the same month of the preceding year.
Uzbekistan simplifies visa procedure for Pakistani businessmen
Both countries can cooperate in pharma, agriculture and tourism industry, say Uzbek diplomats
Ali Jahangir Siddiqui in hot waters once again as NAB expands investigation
Azgard Nine Limited, JS Global, Swiss Bank Julius Baer and Securities and Exchange Commission all alleged in illegal remittances worth €23.75 million.