Foreign investment
Wilmar Records $150 Million Loss on Pakistan Investment in Unity Foods
Asian food giant Wilmar International has reported a $150 million loss linked to its investment in Pakistan’s Unity Foods, citing incomplete and insufficient disclosures by…
SECP Reveals List of 125 Foreign Companies That Exited Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has released a list of 125 foreign companies that have formally closed operations in Pakistan as of…
Kuwait-Backed Raqami Bank to Launch in Pakistan with $100 Million Investment
Raqami Islamic Digital Bank, backed by the Kuwait Investment Authority (KIA), is set to begin operations in Pakistan next month with an initial investment of…
Pakistan Invites Elsewedy Electric to Expand Its Investment Footprint in Mining & IT
Pakistan has invited Egypt’s leading industrial conglomerate Elsewedy Electric to explore new investment opportunities in the country’s growing mining and IT sectors, as both sides…
Dar Urges European Companies to Explore Pakistan’s Expanding Investment Opportunities
Deputy Prime Minister and Foreign Minister Ishaq Dar has called on top European firms to take advantage of the growing investment prospects in Pakistan’s major…
KSB to Build Major Engineering Factory in Pakistan
German industrial powerhouse KSB has announced plans to set up a major manufacturing facility in Pakistan, marking a significant step in deepening economic cooperation between…
IMF Seeks Briefing on $7.7bn Reko Diq Mining Project
The International Monetary Fund (IMF) has requested a detailed briefing on Pakistan’s $7.7 billion Reko Diq mining project as the country moves closer to financial…
OGDCL Approves $715M Funding for Reko Diq Project
In the decision for Pakistan’s mining and energy future, shareholders of Oil & Gas Development Company Limited (OGDCL) have approved $715 million in funding for…
U.S. Strategic Metals, Pakistan Sign Critical Minerals MOU
In a step toward strengthening economic and industrial ties, U.S. Strategic Metals (USSM) signed a Memorandum of Understanding (MOU) with Pakistan’s Frontier Works Organization (FWO)…
Saudi Investors Seek Joint Ventures with Pakistani Snack Makers
Saudi Investors are showing strong interest in joint ventures with Pakistani snack makers as a delegation tours Jeddah, the delegation lead told visiting hosts. The…
Govt Plans Amendments to PERA to Boost Industrial Investment
The federal government is planning significant amendments to the Protection of Economic Reform Act (PERA) 1992 to provide stronger protection for foreign exchange remitted from…
SBP Calls for Long-Term Investment Incentives
ISLAMABAD: As Pakistan’s rupee comes under renewed pressure, the State Bank of Pakistan (SBP) has proposed tying tax benefits to longer-term foreign investments in government…
Pakistan Secures $700 Million in Foreign Investment for IT Sector Growth
Pakistan has secured approximately $700 million in new foreign investment for its IT sector, Prime Minister Shehbaz Sharif revealed during the Digital Foreign Direct Investment…
