The government is expecting $2.5 billion from the Asian Development Bank (ADB) for various development projects and programs government in… Read More
Escorts Investment Bank Receives Another Offer for Majority Stake
Escorts Investment Bank has received yet another offer from a group of investors to acquire 51 percent shares of the… Read More
Greentree Holdings Limited Acquires Additional 2.9 Million Shares in TRG Pakistan
Greentree Holdings Limited has acquired 2.9 million voting shares of TRG Pakistan Limited at the rate of Rs. 74.80 per… Read More
Arif Habib Limited To Sell 100% Stake in its Subsidiary
The board of directors (BoD) at Arif Habib Limited has decided to sell out 100 percent stake of its subsidiary… Read More
Pakistan Requests Financial Assistance of $20.74 Billion From China
Pakistan asked China to defer the payment of existing loans worth $10.735 billion and provide an additional loan of $10… Read More
Foreign Investors’ Sentiments Toward Pakistan Show Notable Improvement: OICCI Survey
The Overseas Investors Chamber of Commerce and Industry (OICCI), the collective voice of top foreign investors in Pakistan, has unveiled… Read More
Pakistan and Saudi Arabia Ink $846 Million Debt Service Suspension Agreements
The Economic Affairs Division, Government of Pakistan, and the Saudi Fund for Development (SFD) have signed two Debt Service Suspension… Read More
Pakistan’s MyTM Raises $6.9 Million Seed Funding
MyTM, the first-ever startup from Pakistan to win the Supernova pitching competition at GITEX Futurestars held in Dubai in October… Read More
Pakistan’s Fatima Group Inks $1 Billion Deals With Chinese and Saudi Agri Giants
Fatima Group, one of the fastest-growing industrial conglomerates in Pakistan, has signed two MoUs of over $1 billion with two… Read More
China to Provide $46.5 Million for Livestock Vaccine Research Facility in KP
China will provide $46.5 million in aid to the Khyber Pakhtunkhwa government for the construction of the Foot and Mouth… Read More
Russia Wants to Install a Gas Terminal in Gwadar
Russia is interested in establishing a Liquid Natural Gas (LNG) terminal in Pakistan’s deep-sea port, Gwadar. The Minister for Foreign… Read More
IESCO Accepts Lowly Korean Bid for Execution of ADB-Funded Advanced Metering Project
The Islamabad Electric Supply Company (IESCO)has accepted the lowest bid by Korea-based KT Kaifa Consortium for the execution of the… Read More
