The recent amendments carried out through the Companies Amendment Bill, 2021 would significantly promote start-ups, business innovation, entrepreneurship and improve… Read More
UAE Company Wants to Acquire Samba Bank
Gulf Islamic Investments LLC, a UAE-based Company, has also shown its interest in acquiring shares of Samba Bank being one… Read More
Thar Coal Rail Track Project Attracts €170 Million in Foreign Direct Investment
Railway Constructions Pakistan Limited (RAILCOP) has signed a memorandum of understanding (MoU) with M/s Al Furqan Holdings Private Ltd and… Read More
Pakistan Achieves Highest Ever IT and Telecom Services Exports in 5 Months
Pakistan has reported its highest IT and Telecom services exports in five months. ICT export remittances, including telecommunication, computer, and… Read More
Chairman FBR Ensures Seamless Customs Clearance at Chaman Border
On the third and last day of his eventful visit to Baluchistan, Chairman FBR/Secretary Revenue Division, Dr. Muhammad Ashfaq Ahmed,… Read More
Govt Shelves Plan to Exempt Import of Oxygen Tools from Duties
The federal government has put off the plan of exempting the import of oxygen gas, cylinders, and cryogenic tanks from… Read More
Current Account Deficit Surges to Record High in November 2021
Pakistan’s current account recorded the highest deficit of $1.91 billion during the current financial year 2021-22 in November 2021 according… Read More
Islamic Development Bank Approves $252.5 Million Funding for Pakistan
The Islamic Development Bank (IsDB) has approved $252.5 million of funding for two vital projects in Pakistan aimed to support… Read More
SBP Sets Rs. 1.7 Trillion Agriculture Credit Target for FY22
Governor State Bank of Pakistan (SBP) Dr. Reza Baqir announced on Monday the agriculture credit target of Rs. 1.7 trillion… Read More
Packages Ltd-Led Consortium Interested in Taking Over Sanofi-Aventis Pakistan
Packages Limited will lead a consortium consisting of IGI Investment and Affiliates of Arshad Ali Gohar Group to acquire majority… Read More
TRG Pakistan to Continue Investing in TRG International
The Resource Group International Limited Pakistan (TRG Pakistan) declared on Monday that it will continue its investment in TRG International… Read More
Pakistan’s Mobile Phone Imports Surge 18% in 5 Months
Pakistan imported mobile phones worth $856.727 million during the first five months (July-November) of 2021 compared to $724.083 million during… Read More
