FPCCI has proposed to introduce agricultural REIT in budget
Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised that the apex body has recommended to the Government of Pakistan for announcing REIT rules and regulations for the agriculture sector and this concept has been around in the world for quite a long time. Mr. Irfan Iqbal Sheikh added that his may be implemented within the…
Adil Aziz
USAID grants Pakistan US$445.6 million over five years
Dr Kazim Niaz, Secretary Economic Affairs Division, Government of Pakistan and Mr Reed Aeschliman, USAID Mission Director to Pakistan, signed a new five-year bilateral Development Objectives Assistance Agreement (DOAG) at Ministry of Economic Affairs. The signing ceremony was witnessed by the Federal Minister of Economic Affairs, Sardar Ayaz Sadiq and the visiting USAID Deputy Administrator,…
Middle East, a strategic economic partner of Pakistan: Ahsan Iqbal
Minister for Planning and Development Ahsan Iqbal has said there are vast opportunities of cooperation between Pakistan and the Middle Eastern countries in diverse areas. Addressing a conference here in Islamabad, he said Pakistan can modernize its agriculture sector by attracting a size-able investment from the Middle Eastern countries. He said we have to create…
Services’ trade deficit shrinks by 91.44 % as exports grow by 1.46%
The services trade deficit narrowed by 91.44 per cent as exports witnessed a growth of 1.46 per cent during the first ten months of the current fiscal year as compared to the corresponding period of last year. The exports from the country during July-April (2022-23) were recorded at $6,009.87 million against the exports of $5,923.19…
Govt to bring about Green Revolution to achieve self-sufficiency in agriculture: PM
Prime Minister Shehbaz Sharif said the government was launching a Green Revolution 2.0 to make the country achieve self-sufficiency in the agriculture field. The prime minister, who chaired the meeting of the National Economic Council here, said the government was taking all-out measures to innovate the agriculture sector to enhance the production and par acre…
Bank of AJK President declared best performing CEO
President and CEO of the Bank of Azad Jammu and Kashmir Khawar Saeed has been declared the best performing CEO by the CEO Club Pakistan. The award was conferred on him by Punjab Governor Muhammad Baligh-ur-Rehman in a ceremony held at the Governor House Lahore. More than 200 chief executive officers (CEOs), chairmen, directors, business…
Fatima Fertilizer’s marketing lead wins the globally acclaimed Chief Marketer Award by Campaign Asia Pacific
Rabel Sadozai, Director Marketing and Sales, Fatima Fertilizer, has won the Chief Marketer Award in the business category by Campaign Asia-Pacific’s prestigious Women Leading Change Awards 2023 announced this week. Now in its seventh year, the Women Leading Change Awards celebrate outstanding women who question, challenge, innovate, lead, inspire, and champion change across all industries….
Mobilink Bank and iConsult Boost Financial Prospects for Women in KPK
Mobilink Bank, in collaboration with iConsult, United Nations Development Programme (UNDP), and financial support from the USAID is implementing a social initiative to enhance the financial literacy of 3,000 individuals (1500 women). The initiative will empower the local communities of Nowshehra, Charsadda, DI Khan, and Khyber districts by equipping them with the necessary financial skills…
PSX stays bullish, gains 255 points
The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend, gaining 255.52 points, a positive change of 0.61 per cent, closing at 41,923.46 points against 41,667.94 points the previous day. A total of 240,829,334 shares were traded during the day as compared to 145,177,892 shares the previous day, whereas the price of shares…
Pakistan has better opportunities for foreign investors in diverse sectors: Commerce Minister Naveed Qamar
The minister highlighted the significant economic reforms undertaken by the government to enhance ease of doing business and ensure a secure and profitable environment for investors Federal Minister for Commerce, Naveed Qamar held meeting with the leading investment firms in London and shared with them the investment potential of Pakistan in various fields of economy….