Cargill commits to invest over $200mn in Pakistan
Cargill aims to partner on Pakistan's growth by bringing its global expertise and investment into the country
PM says Pakistan is...
Dream come true: Thar Block II unearths coal
ISLAMABAD: In a discovery that has brought hope to millions in the energy-starved nation, the first layer of indigenous coal from Thar...
General Tyres to set up $300m Faisalabad plant
CEO urges FBR to ensure that no tyre is sold in the market without proper documentation
KARACHI:Â General Tyre and Rubber Company of...
Kia Lucky Motors targeting commercial production by 1st quarter FY19-20
KLM has opened company owned /third-party operated dealerships in some of the metro cities of Pakistan
Pakistan, UAE to reach agreement on $3 billion support package today
Earlier this month, UAE’s crown prince Sheikh Mohammed bin Zayed Al Nahyan paid a flying visit to Islamabad and affirmed a $3 billion bailout package announced last month
China agrees to provide $2.5 billion loan to bolster foreign exchange reserves
This follows the previous $2 billion loan provided by China at the end of July last year to bolster foreign exchange reserves and it has come out as the country’s biggest economic rescuer in the past five years
Is the mini-budget a ruse?
Measures announced in the mini-budget, the confusing stance regarding approaching the IMF could weigh heavily on the government's ability to tackle the issues threatening the economy
S&P downgrades Pakistan’s rating to B-, says recovery to take longer
S&P cautions fiscal and external imbalances will remain elevated despite securing financial aid from bilateral partners
SBP to cease issuance of Rs40,000 prize bonds from 15th Feb
The decision was taken to appease global watchdogs, who had doubts about the investment of black money via these bonds
Pakistan receives final instalment of $1 billion from Saudi Arabia
A statement from the Prime Minister’s Office in October last year said Saudi Arabia had agreed to deposit $3 billion for a period of one year as a balance of payment support
After Careem and Uber, will the next boost to Pakistan’s ride hailing market come from a women-only service?
Both Paxi and Safr want to create a safe environment for women using this mode of transportation, but it is unclear if both management teams will be able to create businesses that can scale
Edotco planning to invest $250 million in Pakistan over next five years
Chairman Edotco Group said the company wanted to become a partner in Digital Pakistan Programme
PML-N’s departing gift, oil prices to remain unchanged for a week
Earlier, in a summary moved to the government, the Oil and Gas Regulatory Authority (OGRA) recommended a Rs12.50 and Rs8.37 per litre increase in the prices of high-speed diesel and petrol, respectively, to be applicable from June 1, 2018.
SMEs urged to get listed with PSX
ISLAMABAD:Â The Islamabad Chamber of Commerce and Industry, in collaboration with the Pakistan Stock Exchange, organised an awareness programme to educate potential investors...
Steel sector raises prices to balance rupee devaluation
LAHORE: The steel sector of Pakistan has responded to the rupee devaluation by raising prices, especially of Cold Rolled Coil (CRC) and...