Pakistan News

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  • Pakistan still attractive for E&P investments

    ISLAMABAD: Pakistan Institute of Pakistan (PIP) on Monday said the low international oil prices offered Pakistan enormous opportunities to give a big push to oil and gas exploration efforts...

    Ahead of its annual conference, PIP Chief Executive Officer Asim Murtaza told a news briefing that Pakistan’s petroleum policy still offered reasonable incentives to foreign oil and gas firms despite dip in oil prices following a cut in cost of...

  • ‘Pakistan an attractive destination for investors’

    ISLAMABAD: Pakistan is an attractive destination for foreign investors as it facilitates and protects their financial returns, Prime Minister Nawaz Sharif said on Friday...

    He said this in a meeting with Iftikhar Aziz, president of Pakistan-Sri Lanka Friendship Trade and Investment Association...

  • Google lists 5 reasons that make Pakistan an attractive place for foreign investors

    Google's Head of Large Customer Marketing, South Asia, Lars Anthonisen believes Pakistan, that he describes as a fast emerging "digital-first country", will prove to be a good investment for entrepreneurs around the world...

    Anthonisen believes that Pakistan is on its way to "produce one of the largest digital audiences in the world" and is, therefore, a growing market for foreign investors...

  • Gates says UK outside EU is ‘significantly less attractive’

    LONDON: Bill Gates, the world’s richest man, warned on Friday that Britain would become a “significantly less attractive place to do business” if it votes to leave the European Union in next week’s referendum...

    “While ultimately a matter for the British people to decide, it is clear to me that if Britain chooses to be outside of Europe, it will be a significantly less attractive place to do business and to invest,” the Microsoft...

  • AJK police chief earns praise for turning down 'attractive post-retirement package'

    A Police Service of Pakistan (PSP) officer, hailing from Sindh, has won the hearts and minds of people in the country’s extreme north by turning down an attractive post-retirement package offered by the cash-strapped Azad Jammu and Kashmir (AJK) government...

    “The AJK IGPs belong to the Police Service of Pakistan (group) and their services are acquired from the federal government for a limited period, during which they enjoy all those...

  • Stocks rebound as investors pick attractive values

    Investors rushed to build positions in stocks trading at attractive valuations, leading the market to bounce back from its June 2016 low of 36,496 points...

    However daily average traded value fell by 5pc to $49m as most of the activity was concentrated in low-priced stocks...

  • Stocks gain 442 points on attractive valuations

    27pc, increase in cement price by Rs10 per bag to cover the rupee devaluation, strong bouts of buying in banking sector after higher than expected policy rate rise; and overall attractive valuation of market after the price erosions enticed investors to go for value hunting...

  • Real estate still attractive place to park grey money: FBR chief

    Mr Zaidi, who was one of the speakers at the All Pakistan Chambers Presidents’ Conclave 2020 on Tuesday, said the present government had taken several measures to curb the menace of undocumented flow of tax-evaded wealth, but he believed that real estate was still the preferred avenue for whitening ‘grey money’, along with bearer prize bonds and dollars remitted outside to purchase properties...

  • Most politicians clear scrutiny for elections

    Nominations of a few prominent candidates — Pakistan Tehreek-i-Insaf chairman Imran Khan, former prime minister Shahid Khaqan Abbasi and former parliamentary leader of the Muttahida Qaumi Movement Dr Farooq Sattar — were rejected in some of their constituencies on various grounds...

    However, the returning officers (ROs), who have been drawn from the judiciary, accepted nomination papers of most of the candidates...

  • ADB appoints first female director in Pakistan

    The Asian Development Bank (ADB) has appointed Xiaohong Yang as the new Country Director for Pakistan...

    According to ADB press statement, Yang, who assumed office on April 24 is ADB's first female Country Director in Pakistan as well as the first Chinese national...

  • Pakistan gets first female ADB head

    ISLAMABAD: The Asian Development Bank has appointed Ms Xiaohong Yang as the first woman country director for Pakistan...

    The appointment of a Chinese national reflects ADB’s support to the country’s development goals through initiatives such as China-Pakistan Economic Corridor and the Central Asian Regional Cooperation (CAREC)...

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