Investment
Pak Tech Companies Outperform PSX With 112% Returns in 5 Years
Listed technology companies in Pakistan have massively outperformed the broader stock market, delivering 112% returns for investors over the past five years, according to a new report by KTrade Securities Limited on the sector’s performance. The market capitalization of Pakistan’s…
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Turkish Coca-Cola İçecek To Fund Ravi River Project
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In a renewed effort to promote water sustainability in Pakistan, Coca-Cola İçecek (CCI) Pakistan has announced new funding for the Restoring River Ravi Project, reinforcing…
EU Reassessment Puts Pakistan’s GSP+ Status at Risk
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As the EU strengthens its trade frameworks, Pakistan’s duty-free access to the European market under the GSP+ scheme faces renewed scrutiny. Pakistan’s privileged position under…
Dubizzle: The parent company of Zameen buys a massive UAE firm, $1 billion IPO in sight
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Pakistani-founded Dubizzle Group today snapped up Property Monitor, the UAE’s leading real-estate analytics service. The efforts come as an effort to integrate Property Monitor’s transaction…
Pakistan and Türkiye Explore New IT and Technology Partnerships
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ISLAMABAD: Pakistan and Türkiye are expanding their economic cooperation with a focus on IT, technology, and education as part of broader efforts to strengthen bilateral…
CDNS Cuts Profit Rates on Savings Schemes by Up to 200 Bps
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The Central Directorate of National Savings (CDNS) profit rates have experienced a significant reduction across most of its savings schemes. This move affects a wide…
UAE Investors Hit Hard by Sudden Shutdown of Dizabo App
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The Dizabo Super app used to offer handsome returns to hundreds of investors in the UAE. They gladly invested because they thought they could make…
Pakistan to Receive $600 Million Investment from Saudi Arabia
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On Wednesday, the Saudi Investment Minister referred to the previously announced $2.2 billion investment in Pakistan as “only the beginning of something very special,” and…
SECP Exposes Fraudulent Activities of Investment Platform “SMARTPAYS”
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The Securities and Exchange Commission of Pakistan (SECP) has identified an illegal investment and deposit-taking platform called “SMARTPAYS.” The website (http://smartpays.org/) is being used to…
Pakistani Startups Raise $15 Million in Q3 2024 Despite Global Venture Capital Slowdown
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Pakistan’s startup ecosystem is showing signs of resilience despite the diminished VC trends around the world. Pakistani startups secured $15 million in four transactions in…
OpenAI’s valuation raises to $157 Billion following latest funding round
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OpenAI, the company behind ChatGPT, recently closed a $6.6B funding round, which brings the company’s valuation to $157B. The major shareholders are a company that…
46,000 Job Opportunities for Pakistanis through CPEC Energy Projects
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So far, 46,500 Pakistanis have been engaged in energy projects (finished and under development) funded by the China-Pakistan Economic Corridor (CPEC). Considering the various economic…
Ericsson brings $31 million investment to Pakistan: IT Minister
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Concerted efforts to attract foreign investment to Pakistan have clearly been bearing fruit, as exemplified by the recent instance of Ericsson – the world’s largest…
Pakistani startups have raised $300mn so far: Shibli Faraz
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Minister of Science and Technology Shibli Faraz observed that the incredible rise in investment in the country’s technology sector is indicative of the fact that…
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