Pakistan and Dubai recently finalized a substantial investment pact exceeding $3 billion during the World Economic Forum in Davos. The agreement, signed by Minister Shahid Ashraf Tarar and Chairman Sultan Ahmed bin Sulayem, encompasses various sectors such as railways, economic zones, and ...

Main Line-1 (ML-1) railway project in Pakistan is expected to be completed at a reduced cost of $6.6 billion, down from the initial estimate of $9 billion. Chinese officials are set to present this revised plan to Pakistan's Planning Commission after the 'one belt one road' conference. This ...

The Khyber Pakhtunkhwa Board of Investment and Trade's efforts to implement 49 MoUs (Memoranda of Understanding) with foreign and local investors during the Dubai Expo 18 months ago have proven unsuccessful. As a result, Khyber Pakhtunkhwa lost out on a $8 billion investment. According to ...

Balochistan, the largest province of Pakistan in terms of land area, possesses abundant natural resources that make it an ideal destination for foreign direct investment (FDI). This injection of foreign capital is crucial to support Pakistan's struggling economy. Despite its immense potential, ...

Governor Sindh Kamran Tessori has said that in the coming months, foreign investment of 20 to 25 billion dollars is expected from friendly countries. Efforts are being made to provide relief to the public through the IMF program, and the dollar is expected to decrease further. Along with ...

Barrick Gold has shown keen interest in channeling a substantial $7 billion investment towards the revitalization of Pakistan's Reko Diq mining project. This venture is believed to house some of the planet's most extensive untapped reservoirs of copper and gold, according to experts. Notably, ...

DOHA - Qatar said Wednesday (Aug 24) it would invest US$3 billion (S$4.2 billion) in Pakistan's debt-ridden economy in the latest boost by a Gulf state for the ailing South Asian nation. Pakistan has been scrambling for finance in recent months, and the International Monetary Fund is due to meet ...

Qatar’s $445 Billion Qatar Investment Authority (QIA) is considering an investment of up to $3 billion in key sectors of Pakistan’s economy, according to Bloomberg link . According to details, the major chunk of the investment will be in the country’s Islamabad and Karachi airports. The ...

KARACHI: Foreign investment in Pakistan’s equities has declined by 83 percent to an estimated $1.4 billion since 2016, a recent study by a leading Pakistani brokerage house suggested on Monday, with financial experts attributing it to persistent economic and political instability and a US ...

Barrick Gold, a Canadian mining company, has plans to invest $7 billion in the Reko Diq mine over the next ten years. This was revealed during a recent meeting between the Federal Minister of Finance, Miftah Ismail, and Barrick President and Chief Executive, Mark Bristow. The company will ...