The Sindh government has signed loan agreements worth a total of $1.98 billion with the World Bank (WB) in Islamabad on Tuesday. On the Instructions of Chief Minister Sindh Syed Murad Ali Shah, Local Government Secretary Roshan Shaikh signed soft loan agreement for the CLICK, KWSSIP projects while Secretary Transport Ghulam Abbas Detho signed the … Read more
Japan’s SoftBank Corp plans to merge its internet unit Yahoo Japan with messaging app operator Line Corp to create a $30bn tech giant. The firms announced that formerly Yahoo Japan, will merge with mobile chat app operator Line, in a bid to boost the customer base for their digital services. Mobile operator SoftBank Corp, the … Read more
Ambassador of Belgium to Pakistan Philippe Bronchain has said that trade, investment, economic and friendly relations between the two countries are very important to him and he has a mission to make these stronger. He was speaking at the Lahore Chamber of Commerce & Industry. The LCCI President Irfan Iqbal Sheikh presented the address of … Read more
Prime Minister Imran Khan addresses in Islamabad here on Wednesday (Today). PM Imran said that I welcome the Chinese companies to invest in Pakistan. Glad that now the tyres will be made in Pakistan also. According to the details, PM addressed a ceremony in Islamabad, saying that we are glad to announce that tyres will … Read more
World Bank in its new report announces that Saudi Arabia becomes the most developing country among 190 countries worldwide. Saudi Arabia gains 30th rank in list of countries with better business environment, says the World Bank. After that, Saudi Arabia has been designated as the world’s most important country for investment. According to reports by … Read more
Prime Minister Imran Khan has invited the Chinese companies to invest in the diverse sectors of Pakistan including housing, textile, manufacturing, IT and financial services, physical and technological logistics, agriculture, oil & gas and tourism and hospitality. He was speaking at China Council for Promotion of International Trade in Beijing here on Tuesday. The Prime … Read more
The United Arab Emirates (UAE) will invest five billion dollars in an oil refinery project in Pakistan, report said. Talks over the project between Pakistan and the UAE have almost completed and the project would be launched by the end of this year, the report said. UAE Ambassador in Islamabad Hamad Obaid Ibrahim Salem Al-Zaabi … Read more
Prime Minister Imran Khan on Monday chaired meeting of the Economic Team of the Government. The meeting was briefed on the outcomes of the steps being taken by the Government for sustainable growth and economic consolidation, increased productivity, ease of doing business while removing hindrances in the way of investment as well as protection to … Read more
Russian Expo Bank Director Igor Vladimirovich Kim on Thursday called on Prime Minister Imran Khan and expressed his interest in making heavy investment in Pakistan. According to the details, matters of mutual interest, economic reforms, trade policies, special economic zones and other issues were discussed in the meeting. On the occasion, PM Imran welcomed Expo … Read more
Federal Minister for Maritime Affairs Syed Ali Haider Zaidi on Monday said that the investments in the shipping sector of the country would be greater as compared to the past. Addressing a meeting of National Assembly Standing Committee on Maritime Affairs chaired by its Chairman MNA Mir Amer Ali Khan Magsi, Syed Ali Haider Zaidi … Read more
