CPEC, the economic corridor that promises to unleash endless possibilities for the growth and development of Pakistan, is a collection… Read More
Gold Crosses Rs. 50,000 Per Tola in Pakistan
In Pakistan, gold price per tola (around 11.7 grams) went up to Rs. 50,000, an increase of Rs. 100 from the… Read More
Dubai Islamic Bank is Selling Its Stake in Jordan Dubai Islamic Bank
One of the largest Islamic Banks in the United Arab Emirates, Dubai Islamic Bank (DIB), has sold its stake in… Read More
Dubai Future Accelerators Offers Startups Grants Worth $33 Million & More
Dubai is hosting an accelerator program for startups which will drive innovation and is focused on general public services such… Read More
China to Build Pakistan’s Highest Rated Power Transmission Line
China is going to be investing $1.5 billion in HVDC (High Voltage, Direct Current) for a 4,000MW power transmission line… Read More
Music Streaming Service Patari Raises $200,000 Seed Investment
Patari announced this Friday that it has secured US$ 200,000 of seed stage funding from Sarmayacar, an investor syndicate. Patari,… Read More
Engro Foods Acquired for $446 Million By Dutch Company
Engro Foods has sold its majority stake to a Dutch company FrieslandCampina Pakistan BV (FC Pakistan). The deal is valued at… Read More
Pakistan Stock Exchange Witnesses An All-Time High at 47K Points
Pakistan Stock Exchange (PSX) has continued to witness an aggressive upward trend with KSE-100 index closing with 12th consecutive positive… Read More
Saudi Telecom to Buy 10% of Careem at $1 Billion Evaluation
Saudi Arabia’s largest telecommunications firm, Saudi Telecom Co (STC) plans to buy a 10% stake in the famous Middle-East based… Read More
Kia Motors to Setup Car Assembly Plant in Pakistan
The board of directors at Lucky Cement has indicated that they plan to invest Rs 12 billion in an automobile… Read More
Shanghai Electric Unveils its Plans to Invest $9 Billion in K-Electric
Shanghai Electric Power Company of China has revealed their $9 billion investment plan following their acquisition of K-Electric. K-Electric or… Read More
PSX To Sell 40% of Its Stake, Bidding Starts On 5th December
Pakistan Stock Exchange is going to sell 40% of its stake to investors, foreign and local alike. The bourse will… Read More
