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
Interloop to Acquire US-Based Top Circle Hosiery Mills
Interloop Limited (PSX: ILP) has decided to acquire a controlling interest in Top Circle Hosiery Mills, the company informed the… Read More
Paismo Raises $1.5 Million to Transform HR Tech in Pakistan and Globally
Paismo, an HR Tech startup, focusing on “hire to retire” solutions is revolutionizing the future of work in emerging markets.… Read More
France Allocates €3 Million for Pakistan’s Flood-Hit Areas
The Government of France has allocated 3 million euros (nearly $3.27 million) to support UNICEF’s humanitarian response in flood-affected areas… Read More
Barrick Gold Wont Mind Saudi Entry in Reko Diq
Canada’s Barrick Gold is open to bringing in the Kingdom of Saudi Arabia’s (KSA) Public Investment Fund (PIF) as one… Read More
