Economy
Saudi investment in Pakistan may reach 100 billion in coming five years
ISLAMABAD – The prime minister’s special assistant, Naeemul Haque believesin the next five years, Saudi investment in Pakistan will cross...
Economy
Pakistan decides to build yet another shipyard in Gwadar
ISLAMABAD – Pakistan has decided to build another shipyard at Gwadar tosupport the country’s steel industry. The decision was taken...
EconomyPakistan
Pakistan and Saudi Arabia to ink agreements worth 21 billion during Crown Prince MBS visit to Islamabad
ISLAMABAD – Pakistan and Saudi Arabia to ink agreements worth $21 billionduring Crown Prince MBS visit to Islamabad, it has...
Economy
Pakistan to lay down strategic pipeline of 427 kilometer
ISLAMABAD: Minister for Petroleum Ghulam Sarwar Khan has said thatconstruction work on the 427-kilometer Machike-Tarujabba oil pipeline, fromSheikhupura to Peshawar,...
Economy
Pakistan to get yet another 4 billion investment in energy sector
ISLAMABAD: The Saudi power producing company ACWA Power on Sunday expressedits willingness to invest around $ 4 billion in Pakistan’s...
Economy
20 billion investment in Pakistan is only the phase one, more to follow: Saudi Crown Prince MBS
ISLAMABAD – Addressing the dinner ceremony, Crown Prince of Saudi ArabiaMuhammad Bin Salman said the first phase of investment worth...
Economy
Pakistan to receive 4.5 billion loans and grants from friendly country
ISLAMABAD: To boost Pakistan’s sliding foreign exchange reserves, China hascommitted to provide $3.5 billion besides paying for socio-economicdevelopment plans being...
Economy
Pakistan plans to borrow another 1.44 billion for power sector
ISLAMABAD: Pakistan plans to borrow another 200 billion rupees ($1.44billion) to help clear power sector debt destabilizing the finances of...
Economy
Pakistan Railways announces to launch bullet train service
KARACHI – Minister for Railway Sheik Rashid Ahmad has said that governmenthas planned to bring 20 more passengers trains on...
EconomyPakistan
Sarmaya Pakistan: PTI government launched an unprecedented initiative for economic uplift
ISLAMABAD – The federal government has established Sarmaya-e-Pakistan, aholding company to turn around state-owned enterprises by eliminating theirlosses. The Securities...