The Hub Power Company Limited (Hubco), along with other equity partners, have signed financing documents for its 330-megawatt Thar Energy… Read More
Construction of 10,000 Homes Under “Naya Pakistan Housing Program” Set to Begin
The government will start construction of 10,000 houses in six districts of Punjab under Naya Pakistan Housing Programme from the… Read More
Uber Eats is Coming to Pakistan!
Foodies, rejoice: Uber Eats is coming to Pakistan! According to a source who wishes to remain anonymous, Uber Eats is set… Read More
GSK Consumer Healthcare & GSK OTC Merger Gets SHC’s Approval
The Sindh High Court has approved the scheme of Merger and Acquisition between GlaxoSmithKline Consumer Healthcare Pakistan Limited and GlaxoSmithKline… Read More
China & UAE to Deposit $5 Billion in Pakistan’s Foreign Exchange Reserves: Report
China is expected to deposit $2 billion in Pakistan reserves during the month of December and more importantly the economic… Read More
Fitch Downgrades Pakistan’s Debt Rating to B-
Fitch Ratings has downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’. Though it has maintained the… Read More
Matco Foods Ltd Starts Joint Venture with Dutch Company
Matco Foods Limited (MFL) has entered into an agreement with Barentz International (B.V) to establish a Joint Venture company in… Read More
Engro Corp Sells 29% of Its Stake in Elengy Terminal Pakistan to Vopak LNG
Engro Corporation notified Pakistan Stock Exchange that it has completed the share purchase agreement of divesting 29% of its stake… Read More
WAPDA & USAID to Spend $78 Million to Refurbish Mangla Dam
Pakistan Water and Power Development Authority (WAPDA) and United States Agency for International Development (USAID), on Wednesday, signed a Project… Read More
Pakistan’s GDP Growth to Decline in FY2019 and 2020: Moody’s
Moody’s expects real GDP growth in Pakistan to slow to 4.3-4.7% in fiscal 2019 (ending June 2019) and fiscal 2020,… Read More
Pakistan is Fourth Largest Producer of Chickpeas Worldwide: Report
Pakistan is the fourth largest producer of chickpeas in the world and has a huge potential to export potatoes to… Read More
Systems Limited Gets Contract for Land Revenue Management Information System
Systems Limited has been awarded the Land Revenue Management Information Contract (LRMIS) worth Rs 240 million by Balochistan’s Board of… Read More
