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
Haleon Pakistan to Invest $10 Million for Production of Panadol
Haleon Pakistan Limited (PSX: HALEON) has decided to invest ~$10 million in its manufacturing facility at Jamshoro for the production… Read More
Govt Increases Profit Rates on Sarwa Islamic Term Accounts
The government has revised the rates of profit on Sarwa Islamic Term Account (SITA) by up to 228 basis points.… Read More
Logistics Startup Looking to Acquire BlueEx
E-commerce logistics startup Rider has expressed interest in acquiring BlueEx (PSX: GEMUNSL), Reuters reported. Rider’s CEO Salman Allana said, “We… Read More
PPL to Collaborate with Foreign Investors In Reko Diq Project
Pakistan Petroleum Limited (PPL) has set its sights on potential collaboration with foreign sovereign investors for the Reko Diq Project.… Read More
EdTech Platform Taleemabad Raises $2.3 Million in Seed Funding
Pakistan’s Taleemabad has secured $2.3 million in seed funding led by Malala Fund, Sorenson, and Careem CEO Mudassir Sheikha, according… Read More
Fatima Fertilizer to Invest Over Rs. 7.6 Billion in REITs
Fatima Fertilizer Company Limited (PSX: FATIMA) has accorded its approval for investing Rs. 7.662 billion in Real Estate Investment Trusts… Read More