Investment
Govt Moves to Introduce Bankruptcy Law in Pakistan
In a key policy development, the government has taken steps to introduce a bankruptcy law in Pakistan, aiming to improve the investment climate and revive…
PM Directs Ministers to Hold Sector-Wise Consultations with Business Leaders to Drive Economic Growth
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday directed the relevant ministries and authorities to engage with the businessmen and prepare within a week for…
Hutchison Ports Announces $1 Billion Investment in Pakistan
The Hutchison Ports has unveiled a $1 billion investment plan for Pakistan, focusing on upgrading its existing terminals to improve operational efficiency, logistics connectivity, and…
$15M Trade Deal Signed Between Saudi EXIM Bank and Bank Alfalah
A $15 million financing agreement was signed between the Saudi Export-Import Bank and Bank Alfalah of Pakistan. The purpose of the agreement is to strengthen…
Rs. 1.47 Trillion Surge in Banking Sector in October 2024
In October 2024, with a surge of 1.47 trillion rupees in advances, banks have been aggressively lending to certain consumers to avoid penalties imposed by…
Pakistani Startups Secure $32 Million in FY2024-25 Amid Rebounding Investment Climate
Pakistani startups have made an impressive return to the global investment stage, raising $32 million in the first four months of the 2024-25 financial year.…
Pakistani-American Investors Announce $20M Investment for Pakistan’s IT Industry
The IT sector in Pakistan reached a new milestone at the Pakistan-U.S. Tech Investment Conference in California, where American companies, led by Pakistani-American entrepreneurs, pledged…
SBP Grants Final Approval for TPL Corp and Abhi’s Takeover of FINCA Microfinance Bank
The State Bank of Pakistan (SBP) has granted final approval for TPL Corp Limited and Abhi (Private) Limited to acquire a majority share in FINCA…
Govt Launches $50M ‘Climaventures’ to Power Climate Investments
ISLAMABAD: Pakistan made a significant stride toward climate resilience and innovation with the launch of the groundbreaking Climaventures project by the National Rural Support Program…
Khyber Pakhtunkhwa Govt Ready to Acquire PIA with Bid Exceeding Rs10bn
The Khyber Pakhtunkhwa (KP) government has officially informed the federal government of its intention to place a bid for Pakistan International Airlines (PIA) that exceeds…
Pakistan to Receive $600 Million Investment from Saudi Arabia
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…
JPMorgan is Launching a ChatGPT Like AI Chatbot That Will Give You Investment Advice
Trademarked as the ‘IndexGPT’, the JPMorgan investment chatbot will use cloud computing and artificial intelligence to help customers select financial securities that fits their needs…
Bank Of America: 47% Of Young Investors Have Crypto Holding
Bank of America released the 2022 Bank of America Private Bank Study of Wealthy Americans, which shows a massive difference in financial approaches between generations.…