Abraaj nears deal to offload its 66pc stake in K-Electric to Chinese group
Private equity firm Abraaj is close to reaching agreement with the Pakistan government to sell its 66 per cent stake in Karachi-based...
IMF says never called Asad Umar arrogant
Refuting the claims on Saturday, the IMF resident representative in the country termed all such reports as untrue. “We have never spoken about Asad Umar in terms like the one suggested in the message,” she said
PTI needs to deliver “tangible” economic improvements to retain its high popularity: Fitch Solutions
It stated downside risks to policy-making are rising due to a united opposition and enactment in the country
UAE Crown prince likely to announce $3.2 billion oil credit facility
Saudi-based International Islamic Trade Finance Corporation (ITFC) is likely to extend $1.5 billion in annual credit facility for LNG imports, said officials
ExxonMobil making $250 million investment in Pakistan: Razak Dawood
China asked to expand the ambit of CPEC
Govt formulating policies to create money-making opportunities: PM
'Pakistan in the 1970s went wrong because we had a socialist mindset which became a deterrent to wealth creation'
ANKARA: Prime Minister Imran...
FATF review meeting: Pakistani delegation to leave for Sydney tomorrow
ISLAMABAD: A 12-member delegation would leave for Sydney tomorrow (Friday) to participate in the scheduled meeting of International Cooperation Review Group (ICRG) of...
Pakistan, KSA set to ink Aramco oil refinery deal: report
Pakistan and Saudi Arabia have finalised the memorandum of understanding (MoU) for the construction of the multi-billion-dollar Saudi Aramco oil refinery in...
‘Mohmand Dam construction contract to CGGC-DESCON made on merit’
WAPDA chairman says int’l bidding for eligible firms was invited for procurement in accordance with PPRA and PEC provisions
ISLAMABAD: Water and Power...
Abdul Razak Dawood’s company wins bid to construct Mohmand Dam
ISLAMABAD: The joint venture of Pakistani company, Descon, owned by Adviser to PM on Commerce Abdul Razak Dawood, and a Chinese company, China...
Rupee devaluation & balance of payment crisis dominated headlines in 2018
The rupee, capital markets remained under duress in 2018 due to dwindling forex reserves, growing external financing gap, imports, trade deficit, political and economic uncertainty
While PSX has a horrible year, one company more than doubled its share price
Avanceon Ltd’s CEO Bakhtiar Wain gears up for even faster expansion as cash flows in
Can ITU become Pakistan’s MIT?
Umar Saif’s brainchild is meant to be a research-focused institution. But it remains to be seen whether it has the ingredients necessary to be globally competitive
Chinese debt burden: Facts and Fiction
According to the breakdown of Chinese investments in Pakistan, 22 early harvest projects under CPEC have been completed or are under construction, with a total investment of $18.9 billion.
Russia ready to assist Pakistan Steel Mills expansion
Russia has offered assistance in the expansion of Pakistan Steel Mills (PSM). The 200 Russian companies are keen to explore opportunities in Pakistan, a top Russian leader said here on Friday.