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MCB all set to acquire NIB Bank

MCB Bank has completed the due diligence for acquiring NIB Bank Limited. The acquisition is being made in order to scale-up operations and expand...

Engro, WWF enter into partnership for fishery development

Engro and the World Wide Fund for Nature-Pakistan (WWF-Pakistan) have entered into a partnership for community development and fishery improvement in the coastal areas. Aiming...

$18 billion projects in progress under CPEC, more in pipeline: Ahsan Iqbal

Minister for Planning, Development and Reforms Ahsan Iqbal said on Monday that out of $ 46 billion projects under the China-Pakistan Economic Corridor (CPEC),...

Euphoria over Premier Class by PIA not substantiated by ground realities

For the PIA with total accumulated losses of Rs 247.403 billion as on 30 Sept 2015, ($2.356 billion) all this fanfare and euphoria about...

Inexplicable delays mar development of country’s first deepwater container terminal

South Asia Pakistan Terminal could more than double the country’s entire handling capacity. Bureaucratic delays cost millions in lost opportunity on a project...