Investment

Minister highlights foreign investment in Pakistani ports and shipping sector – Trendy Blogger

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Minister highlights foreign investment in Pakistani ports and shipping sector – Trendy Blogger

KARACHI: Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh on Saturday said that significant foreign investments are being channeled into Pakistan’s ports and shipping sector, making the country a regional trade hub. “Maersk Line, Dubai Port and Abu Dhabi Ports have shown interest in investing in Pakistani ports, while Hutchison Ports is planning additional investments … Read more

The government raises Rs584.5 billion in auctions of treasury bills, investment loans and sukuk – Trendy Blogger

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The government raises Rs584.5 billion in auctions of treasury bills, investment loans and sukuk – Trendy Blogger

The government obtained Rs584.5 billion through the auction of treasury bills (T-bills), Pakistan Investment Bonds (PIBs), and Government Islamic Sukuk (GIS). This included Rs434 billion from treasury bills, Rs11.9 billion from general treasury bonds, and Rs138 billion from GIS auction across all periods. The GIS auction, conducted by the Pakistan Stock Exchange (PSX), attracted strong … Read more

The UAE extends a $2 billion loan and pledges more investment in Pakistan – Trendy Blogger

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The UAE extends a billion loan and pledges more investment in Pakistan – Trendy Blogger

Prime Minister Shehbaz Sharif announced on Tuesday that the United Arab Emirates has agreed to extend a $2 billion loan that was due in January. In his opening remarks at the Federal Cabinet meeting which he chaired, the Prime Minister informed members of his “positive and constructive” meeting with UAE President Sheikh Mohammed bin Zayed … Read more

The Securities and Exchange Commission (SECP) provides detailed guidelines for mutual fund investment plans – Trendy Blogger

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The Securities and Exchange Commission (SECP) provides detailed guidelines for mutual fund investment plans – Trendy Blogger

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has updated the regulatory framework for the mutual fund industry by introducing specific requirements for “investment plans”. These updates are based on provisions added through the amendments to the Non-Banking Finance Companies and Reported Entities Regulations 2008 (NBFC Regulations), according to a press release. The framework … Read more

China’s ADM Group has announced a $350 million investment to boost the electric vehicle sector in Pakistan – Trendy Blogger

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China’s ADM Group has announced a 0 million investment to boost the electric vehicle sector in Pakistan – Trendy Blogger

Chinese company ADM Group has announced a $350 million investment in Pakistan’s electric vehicle sector, with support from the Special Investment Facilitation Council (SIFC), according to Radio Pakistan. The initiative aims to develop the ecosystem for electric vehicles, reduce carbon emissions, and reduce dependence on traditional fuel. As part of this investment, 3,000 charging stations … Read more

The government expects to improve offers to privatize the Pakistan Investment Authority after the recent rejection – Trendy Blogger

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The government expects to improve offers to privatize the Pakistan Investment Authority after the recent rejection – Trendy Blogger

Federal Minister for Law and Justice Azam Nazir Tarar informed the National Assembly on Thursday that the government is optimistic about receiving better bids in its second attempt to privatize Pakistan International Airlines (PIA) after a previous failed attempt. During the Question Hour, the Minister emphasized that restoring PIA’s routes to Europe could positively impact … Read more

YB Group acquires Interloop Asset Management; Rebranded as Lucky Investment Management – Trendy Blogger

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YB Group acquires Interloop Asset Management; Rebranded as Lucky Investment Management – Trendy Blogger

YB Pakistan, a subsidiary of YB Group, has completed the acquisition of Interloop Asset Management Limited. The company is set to be rebranded as Lucky Investment Management Limited (LIML), marking its debut as Pakistan’s first Islamic Asset Management Company (AMC) led by a major group. This move signals YB Group’s strategic entry into the Islamic … Read more

Telecom sector investment and foreign direct investment decline amid economic challenges: PTA report – Trendy Blogger

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Telecom sector investment and foreign direct investment decline amid economic challenges: PTA report – Trendy Blogger

Islamabad: Pakistan’s telecommunications industry faced significant setbacks in foreign direct investment (FDI), contributions to the national exchequer, and overall investments during fiscal year 2023-2024, highlighting the broader economic challenges facing the country. According to the annual report released by the Pakistan Telecommunication Authority (PTA) on Monday, foreign direct investment in the sector fell by 21% … Read more

UAE President launches investment company XRG as ADNOC commits $54 billion to the local economy – Trendy Blogger

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UAE President launches investment company XRG as ADNOC commits billion to the local economy – Trendy Blogger

Dubai: The UAE has revealed an important step towards economic diversification and sustainability with the launch of XRG, an investment company focused on low-carbon energy and chemicals. This was announced by UAE President Sheikh Mohammed bin Zayed Al Nahyan, on Wednesday, according to the Emirates News Agency (WAM). XRG is preparing to play a pivotal … Read more

A strong competition framework is crucial for investment: Ishaq Dar – Trendy Blogger

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A strong competition framework is crucial for investment: Ishaq Dar – Trendy Blogger

Deputy Prime Minister and Federal Foreign Minister Ishaq Dar stressed the importance of a strong competition framework to drive economic growth, promote innovation and attract investments. During his meeting with Dr. Kabir Sidhu, Chairman, Competition Commission of Pakistan, Mr. Dar was briefed on the Commission’s efforts to strengthen competition law enforcement. Dr. Sidhu outlined initiatives … Read more