SECP conducts awareness session for SIFC officials on company incorporation, ease of doing business
The Securities and Exchange Commission of Pakistan (SECP) organized an interactive awareness session for officials from the Special Investment Facilitation Council (SIFC) on company incorporation and ease of doing business.
Adil Aziz
Pakistan Secures Lowest Tariff Rates Among Regional Competitors, NA Informed
Parliamentary Secretary for Commerce Zulfiqar Ali Bhatti clarified that the United States has not imposed any punitive tariffs on Pakistani exports, dispelling earlier concerns about potential trade restrictions. He emphasized that Pakistan continues to benefit from one of the lowest tariff rates among regional competitors, including India.
Editor
PAFLA & Innovista forge partnership to empower over 50,000 Freelancers
Pakistan Freelancers Association (PAFLA), the national-level representative body of freelancers, and Innovista, a National Initiative of SIFC for collaborative workspaces and innovative platforms, have announced a strategic partnership aimed at creating transformative opportunities, including capacity building and business collaboration more than 50,000 freelancers every year across Pakistan.
Mehfooz
Pakistan and Saudi Arab expected to sign major investment agreements at Business Forum
Saudi Minister for Investment, Sheikh Khalid Bin Abdul Aziz Al Faleh expressed optimism about the 27 agreements, amounting to $2 billion, expected to be signed during the ongoing forum, with many more currently under negotiation. He emphasized that these agreements emerged organically, reflecting the strong facilitation efforts underway.
Machike-Thalian-Taru Jabba white oil pipeline project
The ceremony was witnessed by Federal Minister for Petroleum Dr. Musadik Malik, DG Special Investment Facilitation Council (SIFC) Major General Asad Rehman and Chairman OGRA Masroor Khan. The heads of consortium entities i.e. MD Pakistan State Oil (PSO) Syed Muhammad Taha, DG Frontier Works Organization (FWO) Major General Abdul Sami, signed the historical Consortium Agreement. MD PSO and DG FWO signed another MOU with stakeholders i.e. CEO PAPCO Mr. Irtiza Qureshi, MD Interstate Gas Systems (ISGS) Mr. Nadeem Bajwa.
Zohaib Khan honored with IT Icon award
Chairman P@SHA Muhammad Zohaib Khan has been conferred the first IT Icon Award by Ecommerce Gateway for his valuable services to the local industry. State Minister for IT and Telecommunication Shaza Fatima presented him the award at the inaugural session of the 25th ITCN Asia.
PM invites China’s NORINCO firm to invest in KCR
Prime Minister Shehbaz Sharif invited the China Northern Industry Corporation (NORINCO) to invest in Pakistan’s communications infrastructure project, particularly the Karachi Circular Railway.
Efforts underway to bring Ethiopia’s cargo services to Pakistan: Jemal Abdula
Ambassador of Ethiopia Jemal Beker Abdula, while referring to successful operations of Ethiopian Airlines which has been flying four times a week from Karachi, stated that keeping in view the enhanced people-to-people and business-to-business linkages between the two countries, efforts were being made to further expand flight operations of Ethiopian Airlines to daily basis from Karachi which would certainly be instrumental towards Pakistan’s Look & Engage Africa Policy by connecting Pakistan with over 70 destinations in Africa.
SIFC gives go ahead for establishing largest IT Park in Islamabad
The Standing Investment Facilitation Committee (SIFC) has given the green light to establish the country’s largest IT Park in the G-10 sector of the federal capital, covering an expansive area of 3.3 acres. This landmark decision marks a significant stride forward for Pakistan’s burgeoning tech landscape, promising unparalleled opportunities for innovation and progress.
Public Sector Insurance Companies in Pakistan: A Tale of Resilience and Growth
Dr. Ejaz informed the meeting that Pakistan’s public-sector insurance companies, namely, State Life Insurance Company, National Insurance Company and Pakistan Reinsurance Company, have been an engine of growth for the performance of insurance industry in Pakistan.
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