Pakistan News

    Apidc Venture Capital Ltd Hyderabad Airport

  • Venture capital with a difference

    Jacqueline Novogratz, who had spent 15 years in finance and started Rwanda’s first micro-finance bank before she went on to found Acumen, the patient venture capital fighting global poverty since 2001...

    Patient capital combines philanthropy and power of markets to create choices and opportunity for the poor and ‘develop sustainable, private sector solutions to widespread, public sector problems’...

  • Venture capital cash surfers may see waves recede in market turmoil

    SAN FRANCISCO: The waves of cash surfed relentlessly by some of Silicon Valley’s largest venture-backed businesses are showing signs of receding amid concern the companies may already be worth more than their likely valuations once they finally go public...

    “Many companies in the market for funding right now are struggling to meet their valuation expectations and are going to have to reassess,” said Jon Sakoda of venture firm NEA... ...

  • AGP Ltd raises Rs2.8 billion

    KARACHI: AGP Ltd, a pharmaceutical company in the fold of OBS Group, has raised Rs2...

    At the gong-ringing ceremony at the PSX on Monday that signalled the start of trading of company’s stock, AGP Ltd share price quickly hit the upper circuit of 5 per cent to take the stock price to Rs84, from the offered price of Rs80 a share...

  • 10 banks sign pact to create Pakistan Corporate Restructuring Company Ltd

    KARACHI: The country’s 10 banks signed an agreement on Friday to establish Pakistan Corporate Restructuring Company Ltd (PCRCL)...

    Under the provisions of Corporate Restructuring Companies Act 2016 with an initial paid-up capital of Rs500 million, the banks have decided to establish the Corporate Restructuring Company (CRC) — first of its kind company in the country...

  • Saudi Arabia to invest $1bn into Richard Branson’s space venture

    Saudi Arabia is poised to invest $1 billion in entrepreneur Richard Branson’s space-tourism and satellite-launching venture, The Wall Street Journal reported on Thursday...

    The new city — and this possible venture into space — are being seen as part of the crown prince’s ambitious Vision 2030 plan to foster new private businesses, improve education, overhaul the economy of Saudi Arabia and provide jobs for an overwhelmingly young...

  • A promising business venture

    The subsidiary company will assemble and ‘progressively manufacture’ and sell Dongfeng commercial vehicles under a toll assembly agreement with Ghandhara Nissan Ltd (GNL)...

    ) Ltd (GDFPL)...

  • Joint venture

    Mumtaz said joint venture between Pakistani and Chinese businessmen could take the mutual trade volume to the new height...

  • Fishermen along Balochistan's coast advised not to venture out to sea for two days

    QUETTA: The fisheries department has directed fishermen along the coastal belt of Balochistan not to venture out to sea on March 5 and 6 in view of torrential rains and high winds in the province...

    The torrential rains have caused power outages and suspension of internet and phone services in several districts of the province, while Quetta itself faced a flood-like situation due to the dilapidated condition of the provincial...

  • Venture funding for start-ups surges to $32.5bn

    5 billion into more than 1,800 venture-backed companies around the world in the past quarter, amid feverish interest in tech startups, a survey showed on Thursday...

    The report said venture investors are hunting for “disruptive technologies and applications” along with new “on-demand” startups — delivering goods and services ranging from groceries to house cleaning...

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