Prime Minister Shehbaz Sharif on Friday urged Chinese companies to invest extensively in Pakistan-based renewable energy projects, particularly solar energy.… Read More
UNDP and Japan Sign $3.9 Agreement for Economic Recovery in Kurram, Orakzai Districts
The United Nations Development Program (UNDP) Pakistan and the Government of Japan have signed an agreement to launch a project… Read More
BluEX Receives 20% Share Acquisition Offer from Fintech
Universal Network Systems Limited (UNSL), commonly known as BluEX, has received an offer from a fintech company for the acquisition… Read More
Pakistan Receives $500 Million Funds From Asian Infrastructure Investment Bank
The Government of Pakistan today has confirmed receipt of $500 million from the Asian Infrastructure Investment Bank (AIIB) for social… Read More
Seedstars Launches Platform to Develop VC Managers from Pakistan and Other Emerging Markets
Seedstars has officially launched Seedstars Capital, an investment platform for emerging venture capital (VC) fund managers with the support of… Read More
PMIC Sets up Business Revival Fund for Flood Affected Farmers
Pakistan Microfinance Investment Company (PMIC), the apex institution to support the microfinance sector in the country, has set up a… Read More
Colony Textile Mills to Invest Rs. 30 Million in Stitchrite Pvt Ltd
Colony Textile Mills (CTM) Limited has decided to invest Rs. 30 million in its wholly-owned subsidiary Stitchrite (Private) Limited. According… Read More
IFC Launches $225 Million Platform for Startups in Pakistan, Middle East, Central Asia
The World Bank Group’s International Finance Corporation (IFC) has launched a $225 million platform to back startups in Pakistan and… Read More
ADB to Provide $200 Million for Road Restoration in Flood-Hit Areas of Sindh
The Asian Development Bank (ADB) will provide $200 million for the rehabilitation of roads in 23 flood-affected districts of Sindh… Read More
ADB to Provide $50 Million Loan for Rehabilitation of 23 Dams in Balochistan
The Asian Development Bank will provide a soft loan of $50 million for the rehabilitation of 23 storage dams and… Read More
Dawood Hercules Adopts Resolution to Invest Rs. 5.35 Billion in Associated Companies
Dawood Hercules Corporation (DAWH) Limited will invest up to Rs. 5.35 billion in the shares of associated companies. According to… Read More
Govt to Provide Rs. 131 Billion Subsidy on Food, Electricity, and More Under BRACE Program
The Government of Pakistan will provide a subsidy of Rs. 131 billion on food, agriculture, electricity, and RLNG, under Building… Read More
