The Industrial and Commercial Bank of China (ICBC) has approved the third and final disbursement of funds amounting to $300… Read More
Insitor Invests $2 Million in GoldFin Limited
Insitor Impact Asia Fund II Pte Limited, a regional impact investment fund managed by Insitor Partners (Insitor) has invested US$… Read More
Consortium of 4 Chinese Firms in Advanced Talks to Buy Pakistan Steel Mills
Major developments are currently underway for the revival of Pakistan Steel Mills (PSM) as a consortium of Chinese companies is… Read More
Sudenese Bank Plans Є50 Million Investment in Silk Bank
Silkbank Limited (PSX: SILK) has received a letter of intention (LoI) from the International Commercial Bank of South Sudan to… Read More
IMF Bailout Isn’t Enough: Here’s What Pakistan Needs to Do
The International Monetary Fund (IMF) program may be critical to restoring the confidence of friendly nations to assist Pakistan but… Read More
Rollover of Chinese Loan Worth $2 Billion to Pakistan is Still in Process
A $2 billion Chinese loan to Pakistan that matured on March 23 is currently in the process of being rolled… Read More
Arbisoft’s edTech Division Acquires French Firm That Owns Tutor
Pakistan-based Arbisoft’s edTech division Edly announced that it will pay an undisclosed sum to acquire French company Overhang.IO. Overhang.IO is… Read More
10Pearls Acquires Chicago-Based Inspirant Group
10Pearls, a digital product innovation and software engineering company, has acquired Inspirant Group, a boutique healthcare strategy consulting firm based… Read More
Pakistan-Based Delivery Startup Trax Raises $3.7 Million in Early Seed Funding Round
Pakistani delivery startup Trax has raised $3.7 million in seed funding in order to capitalize on growth in the South… Read More
IMF Wants Financial Assurance from Other Creditors Before Finalising Pakistan’s Bailout
The International Monetary Fund (IMF) has again underscored the pressing need for timely financial support from external partners for Pakistan’s… Read More
Japan Grants Additional $5.58 Million for Weather Forecasting in Pakistan
The Government of Japan has decided to increase the amount of grant aid for “the Project for Installation of Weather… Read More
Maqsad Secures $2.8 Million Funding After Surpassing 1 Million Users
Maqsad, Pakistan’s leading edtech, has announced a $2.8 million seed round led by Speedinvest and returning investor Indus Valley Capital.… Read More
