OLX is investing $89 million in the online auto marketplace Frontier Car Group.… Read More
Rocket Internet to Invest $3 Billion in Fintech and AI
Rocket Internet will soon be investing in AI and Fintech.… Read More
ANT Financial Raises $10 Billion in Latest Funding Round: Report
Ant Financial Services Group, the operator of China’s biggest online payment platform by market share (Alipay), has closed its latest… Read More
Shan Foods is Planning an IPO
Shan Foods is considering an initial public offering (IPO) to execute its expansion plans – which include acquisition and new… Read More
Noor Financial Confirms It’s Selling Some Of Its Meezan Bank Shares to Foreign Investors
Noor Financial Investment Company has reached a deal to sell off its 26.447 million ordinary shares of Meezan Bank at a… Read More
Business Confidence in Pakistan Down Due to Prevailing Political Uncertainty
The Business Confidence in Pakistan stands at 14 percent positive, a significant decline from the 21 percent positive recorded in… Read More
UAE is Making Major Changes to its Visa Policy
UAE will give 10-year residency visas to innovators, professionals, and their families as well as exceptional students.… Read More
Major Shareholder in Meezan Bank Planning To Sell Off Its Shares
Noor Financial Investment Company, a substantial stakeholder of Meezan Bank with a shareholding of 49.11%, once again plans to sell… Read More
Treet Corp Looks to Expand its Battery, Pharma and Alloy Rim Projects Among Others
Treet Corporation (TREET) held an analyst briefing yesterday at a local hotel where the company announced multiple expansion projects in… Read More
NED Karachi Alum Led Company Raises $50 Million Series C Round
Pakistani-American CEO’s company raises over $50 million in Series-C funding.… Read More
PM Inaugurates South Asia’s Most Advanced Container Terminal
Prime Minister Shahid Khaqan Abbasi has formally inaugurated Pakistan’s high-tech deep water terminal, Hutchison Ports Pakistan, which has been developed… Read More
Expat Pakistanis Send $16.25 Billion Remittances in 10MFY18
Overseas Pakistani workers remitted US $16.257 billion in the first ten months (July to April) of FY18, showing a growth… Read More
