China-based M/s. CNNP Rich Energy Co. Ltd. strategically invests in Pakistan’s renewable energy sector through its wholly-owned subsidiary M/s. CRE… Read More
ADB Approves $180 Million Loan For Improving Water, Waste Management in Two Punjab Cities
The Asian Development Bank (ADB) has approved a $180 million loan to improve water supply and solid waste management services… Read More
China’s Tesla EV Rival Wants to Invest in Pakistan’s Auto Sector
A delegation from Chinese conglomerate BYD Company Limited, comprising Cai Xiao Xu, Head of Dealer Dev. (South Asia), and Lei… Read More
Fauji Foods Ltd Wants to Acquire Stakes in Fauji Infraavest Foods, Fauji Cereals
Fauji Foods Limited (PSX: FFL) wants to acquire Fauji Foundation’s equity stake in Fauji Infraavest Foods Limited and Fauji Cereals,… Read More
Lucky Cement Completes Biggest Share Buyback in PSX History
Lucky Cement Limited (PSX: LUCK) has completed the buyback of over 20.3 million (20,375,000) ordinary shares, representing approximately 6.50 percent… Read More
US-Based SOSV Venture Capital Invests Nearly $1 Million in 5 Pakistani Startups
US-based venture capital firm SOSV has invested nearly $1 Million in five Pakistani startups, reported Bloomberg. Truckistan, BusCaro, Metamorph, Umrah… Read More
Sarmayacar Unplugged: Rethinking Startups and Launching New Climate Fund
The year is 2016. 3G and 4G mobile internet services have just launched. Smartphone adoption and broadband internet usage are… Read More
Sai Venture Capital Launches Rupee-Denominated Fund to Boost Local Startups
Sai Venture Capital Pvt. has launched Pakistan’s first venture capital fund priced in Pakistani Rupee in seven years, targeting the… Read More
World Bank’s IFC Pledges Over $1.5 Billion Investment in Pakistan
The World Bank-affiliated International Finance Corporation (IFC) alongside the Board of Investment (BoI) unveiled a $1.5 billion+ investment plan for… Read More
Pakistan, Japan Sign $5.3 Million Agreement to Reconstruct Educational Facilities
Pakistan and Japan Wednesday signed an agreement worth $5.3 million for the reconstruction of educational facilities in flood-affected areas in… Read More
World Bank Willing to Fully Finance $150 Million Energy Efficiency and Conservation Project
The World Bank has expressed willingness to fully finance the $150 million cost of the Energy Efficiency and Conservation (EE&C)… Read More
Egyptian Billionaire Interested in Pakistan’s Reko Diq Gold-Copper Mine
Egyptian billionaire Naguib Sawiris is looking to grow his business in Pakistan and eyes investment in Barrick Gold Corp.’s $7… Read More