Pakistan Board of Investment, in partnership with the International Finance Corporation and World Bank, and with the support from the… Read More
Amreli Steel Announces Second Phase of Rolling Mill Expansion Plan
Amreli Steel has announced that the Board of Directors have approved the second phase of expansion of the existing rolling… Read More
Malik Riaz’s Investment Bank is Gearing Up to Start Operations
Escort Investment Bank, owned by Bahria Town’s Malik Riaz, is all set to gear up its operations with a new… Read More
Hayat Kimya Sanayi A.S to Invest $150 Million in Pakistan
Turkish Conglomerate `Hayat Kimya` has launched its operations in Pakistan. The announcement was made at an event in Pearl Continental… Read More
Pakistan Received $11.4 Billion in Remittances in First 7 Months of FY17-18
Overseas Pakistani workers remitted $11.4 billion in the first seven months (July to January) of FY18, showing a growth of… Read More
PC Hotel Owners to Raise Rs. 7 Billion Via Sukuk Bonds in Pakistan
Pear Continental (PC) hotel chain owners have announced to invest Rs 7 billion through Sukuk bonds in Pakistan. The money… Read More
A Pharma Company Gets Listed on PSX After a 22 Year Gap
After a gap of 22 years, a pharmaceutical company has been listed in Pakistan Stock Exchange (PSX). Book building process… Read More
Dawood Hercules To Divest Rs 18 Billion From Hubco
Dawood Hercules Corporation Limited has finally decided to divest its shareholding worth Rs. 18.38 billion in Hub Power Company (HUBCO).… Read More
High-Risk Investors Have Pushed Pakistan Stocks to the Best Start in Decade: Bloomberg
Pakistan’s Stocks were propelled upwards thanks to “High Risk Hunters” and are going to increase further after the elections, said… Read More
Mega Conglomerate to Acquire Majority Stake in Dewan Cement
Mega Conglomerate is going to acquire a majority stake in Dewan Cement following trade suspension warnings from PSX.… Read More
Ihtmaar Bank To Expand its Presence in Pakistan Through Faysal Bank
Faysal Bank’s number of branches will increase to 500 with the addition of 100 new branches.… Read More
Profit Repatriation Higher Than FDI Inflows in Pakistan in H1 FY 17-18
Multinational Companies and investors sent back $1.202 billion to their home countries from Pakistan during first half of FY 17-18.… Read More
