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Tuesday, March 19, 2019
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ISLAMABAD: France wants to enhance trade with Pakistan as it is a potential market for trade and investment, said France Ambassador to Pakistan Dr Marc Baréty. Speaking to business community at the Islamabad Chamber of Commerce and Industry (ICCI), the ambassador pointed out that the 80 million-strong middle class of Pakistan...
KARACHI: Seasoned businessman Hussain Dawood has said that the Pakistan Stock Exchange (PSX) has to play a greater role in building the nation and domestic economy through maximising the number of investors in the market. To achieve the objective, he underscored the need for building a meaningful public-private partnership where...
BEIJING:  The huge investment package amounting to $20 billion signed between Pakistan and Saudi Arabia during the visit of Saudi Crown Prince Mohammed bin Salman is the largest in the history of Pakistan and carries extraordinary significance. During the visit of the Saudi crown prince to Pakistan, the two sides signed...
Pakistan and Saudi Arabia on Monday agreed to establish a Joint Working Group (JWG) for setting up $11 billion state-of-the-art oil refinery and petrochemical complex at the Gwadar Port. The agreement was reached during a meeting between Minister for Petroleum Ghulam Sarwar Khan and Saudi Minister for Energy, Industry and...
ISLAMABAD: Saudi Arabia has pledged to invest up to $21 billion in Pakistan over next two to five years, the Petroleum Division revealed on Monday. According to details provided by the Petroleum Division PRO, the Kingdom will invest up to $7 billion in the short term, using $4 billion to acquire...
ISLAMABAD: Pakistan has sought local and foreign investment in oil and gas sector, as there is huge potential in the sector and the government is offering good prices to the oil and gas exploration and production companies. Minister for Petroleum and Natural Resources Ghulam Sarwar Khan said this while speaking...
DUBAI: A record investment package being prepared by Saudi Arabia for Pakistan will likely provide welcome relief for its cash-strapped ally, while also addressing regional geopolitical challenges, analysts say. At the heart of the investment is a reported $10 billion refinery and oil complex in the strategic Gwadar Port on...
ISLAMABAD:  Malaysian company edotco has offered annual investment of $100 million in Pakistan in a bid to lay a strong foundation for the launch of 5G telecom technology in the country. “So far, we have invested $100 million and are ready to make investment of $50 million each year,” announced...
KARACHI: Adviser to Prime Minister on Commerce Abdul Razak Dawood revealed that three Chinese and three Russian firms have shown interest in investing in Pakistan Steel Mills (PSM). Addressing a ceremony held for the inauguration of International Steels Limited’s new plant, he said that the committee tasked with revival...
ISLAMABAD:  In a meeting with Prime Minister Imran Khan, an executive team of US-based Cargill – the provider of food, agriculture and industrial products – announced plans to invest over $200 million in Pakistan over the next three to five years. The company’s future investment strategy includes expansion across its agricultural...

Opinion

exports

Slow growth in exports

The performance of exports in the first eight months of 2018-19 has been disappointing. According to the monthly trade statistics of the PBS the...