ISLAMABAD: Pakistan has identified five potential mineral projects that it will offer to the United Arab Emirates (UAE) for investment and development. In this regard, the two sides will sign a deal to formalise their partnership. According to sources, the five mineral projects have been selected in Chagai, Waziristan and Gwadar. Among these include Balochistan […]
2 Chainz has taken legal action against a Los Angeles-based dispensary, Pineapple Express Hollywood, after claiming he was scammed out of $1.5 million. The rapper, through his investment company, filed a lawsuit in Los Angeles Superior Court, alleging that the cannabis company failed to return his investment as promised. Initially, the dispensary was set to […]
RIYADH: Saudi Arabia’s Minister of Investment Engineer Khalid Al-Falih has stated that the Kingdom of Saudi Arabia (KSA) has updated the Saudi Investment Law and relevant regulations with effect from the beginning of the new year, 2025. The upgraded laws offer a conducive environment to the investors in order to position KSA as highly important […]
Shares of foreign investors in companies listed on the Pakistan Stock Exchange have reached an all-time low over the past decade. During the last fiscal year ending June 30, 2024, these shares accounted for just 3.7 percent of the total assets, worth $491 million. According to a report published by Arif Habib Limited, at the […]
KARACHI: Foreign investors’ stakes in companies listed on the Pakistan Stock Exchange (PSX) have plummeted over the past decade, reaching a historic low of 3.7% ($491 million) of the total value of publicly traded shares in the fiscal year ending June 30, 2024. According to a report titled “Market Strategy: Unveiling the Flow – Liquidity […]
ISLAMABAD: The Pakistan-China Trade Conference at FoodAg 2024 exhibition has highlighted the agricultural collaboration and investment opportunities between the two countries. The Pakistan-China Agro Trade Conference, held as part of the three-day FoodAg 2024 at the Karachi Expo Centre, was marked by strong commitments to deepen agricultural trade and investment between the two nations, said […]
KARACHI: Commerce Minister Jam Kamal on Saturday said that the government has achieved target of eight to 8.5 bln dollars agriculture exports, ARY News reported. Addressing a press conference at Expo Centre in Karachi, federal commerce minister said that the consumption of these exports has also enhanced by four to five-fold in Pakistan. The minister […]
Drake has once again made headlines, but this time it’s not just about music. The Toronto rapper has extended his influence into the world of sports by helping to save Venezia FC, a historic Italian soccer club. The club, which has been around since 1907 and plays in the Serie B division, was on the […]
A meeting was held under the chairmanship of Prime Minister Shahbaz Sharif in which the reform program was approved for ease of business and investment. On this occasion, the Prime Minister said that the relevant authorities and ministries should ensure the timely implementation of the policy measures. Interim Government of Bangladesh sworn in Prime Minister […]
KARACHI: Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh has announced that he will leave for Denmark this month to sign an MoU with Maersk, a renowned European shipping giant, which intends to invest $2 billion. “Maersk will start investing from October 2024 in numerous areas including infrastructure, terminals, warehousing, shipbreaking, etc, which will make […]