The World Bank has approved $20 billion funds through its Country Partnership Framework (CPF) for Pakistan, prominent sources from the… Read More
Chinese Company to Invest $700 Million in IT and Smart City Projects in Punjab
A Chinese company, Chengdu, plans to invest $700 million in Punjab’s Information Technology (IT) and smart city projects. The announcement… Read More
InDrive Invests Millions for Strategic Stake in Krave Mart
Mobility services platform inDrive claims to have made a strategic investment in Krave Mart, a leading online grocery delivery service… Read More
Dollar Outflow Surges by 112% in First 5 Months of FY2024-25
Foreign investors in Pakistan have significantly increased their repatriation of profits and dividends, with a 112% surge in the first… Read More
China to Invest $1 Billion in Karachi Medical City Creating 50,000 Jobs
A high-level Chinese delegation has unveiled plans to build a state-of-the-art medical city in Karachi with an investment of $1… Read More
Gobi Partners Launches $50 Million Fund to Support Pakistani Startups
Gobi Partners, a pan-Asian venture capital firm, has launched the $50 million Techxila Fund II and signed an MoU with… Read More
World Bank Cancels $500-600 Million Loan to Pakistan Over Unmet Energy Conditions
The World Bank has canceled $500-600 million in loans to Pakistan due to its failure to meet key conditions like… Read More
Fashion Marketplace LAAM Raises $5.5 Million Led By Shark Tank Judge Faisal Aftab’s Zayn VC
Global revenues of the South Asian ethnic wear market are projected to reach $129 billion by 2030, with nearly $46… Read More
Saudi Arabia to Invest Additional $600 Million in Pakistan
The Kingdom of Saudi Arabia on Wednesday announced to add another $600 million to its recently announced $2.2 billion investment… Read More
Sarmayacar Secures $15 Million Financing For New Climate Fund
The founder and CEO of Sarmayacar Rabeel Warraich has announced the launch of the $40 million Climaventures Fund, a groundbreaking… Read More
Banks Offer More Money to Pakistan After Improved Credit Ratings, New IMF Bailout
With an improvement in Credit Ratings of Pakistan and approval of the International Monetary Fund’s (IMF) Extended Fund Facility Program,… Read More
Finance Minister to Request US Financing for Energy Projects Next Week
Finance Minister Muhammad Aurangzeb will meet US Assistant Secretary of State for Energy Resources Geoffrey Ross Pyatt during his visit… Read More
