Web
Analytics
The news is by your side.

Investment

Saudi Arabian crown prince to soon visit Pakistan, announce $15bn investment

ISLAMABAD: Crown Prince of Saudi Arabia Mohammad Bin Salman Al Saud will visit Pakistan in few weeks and announce a heavy investment of 15 billion dollars on behalf of the Saudi Arabian government, ARY News reported. Sources said date for Mohammad Bin Salman Al Saud’s visit was being finalised. A petrochemical complex would be built from Saudi Arabia’s investment in Gwadar and a memorandum of understanding will be signed in this regard, they added. The sources said the kingdom was likely to hand Pakistan another one…

Govt to facilitate investors in every possible manner: CM Buzdar

LAHORE: Punjab Chief Minister Sardar Usman Buzdar on Monday said that the Pakistan Tehreek-e-Insaf (PTI) government would provide every possible facility to investors in the country. Talking to a delegation of Pakistani-origin businessmen from Bahrain, who called on him at his office in Lahore, CM Buzdar said that the PTI government created business friendly environment in the country. He offered the business community vast and attractive investment opportunities in Punjab. The chief minister said that the provincial…

Govt raises profit rates on investment in National Savings Schemes

ISLAMABAD: The government has raised profit rates on investment in different National Savings Schemes (NSS), ARY News reported.   According to a press release issued by the Directorate of National Savings, profit rates of NSS have been revised upward with effect from January 1, 2019.   Return on Behbood Savings Certificates, Pensioner Benefit Accounts and Shuhada Family Welfare Account has been increased from 11.88 per cent to 14.28 per cent, with 2.4 per cent spike in net profit on each of the schemes.   Meanwhile,…

French investors enthusiastic to invest in Pakistan’s various sectors

ISLAMABAD: French investors shows enthusiasm to invest and discover potential for investment in various sectors in Pakistan, expressed by French Ambassador Marc Barety France in a meeting with Acting Chairman Senate Senator Saleem Mandviwala on Wednesday. The meeting includes detailed discussion of trade requirements which needs expansion in order to boost the current trade quantity which is not up to mark. Saleem Mandviwala said that, trade presents enhanced prospects which enables to bring the people of both the…

CM Buzdar offers UAE investment opportunities in Punjab

LAHORE: Punjab Chief Minister Sardar Usman Buzdar on Wednesday offered United Arab Emirates (UAE) attractive investment opportunities in diverse fields in Punjab. Talking to UAE ambassador Hamad Obaid Ibrahim Salem Al-zabi, who called on him at his office, CM Usman Buzdar said that investors are given special incentives in Punjab and added that the government is providing congenial atmosphere to investors in the province. According to a statement released from his office, matters of mutual interests, cementing relations…

President invites Turkish businessmen to tap Pakistan’s favourable investment climate

ISLAMABAD: President Dr Arif Alvi has invited Turkish businessmen to take advantage of the favourable investment climate in Pakistan. He was talking to Turkish Ambassador to Islamabad Ihsan Mustafa Yurdakul who called on him on Monday. The president said Turkish companies had invested immensely in energy and infrastructure projects in Pakistan. "Both the countries are intertwined in deep and historical bonds, which are not only brotherly but mutually beneficial as well," he further said. Read More: Turkey extends…

Excellent day from foreign investment perspective: Asad Umar

ISLAMABAD: Finance Minister Asad Umar on Tuesday said the Suzuki Motors has expressed an interest in investing $450 million to expand car production in Pakistan. In a tweet, the minister said: “Excellent day from a foreign investment perspective. Global Chairman suzuki motors visited & expressed interest in investing 450 million$ to expand car production in Pak & worlds biggest energy company Exxon mobil re opened there office in Pak 27 years after leaving the country.” Excellent day from a foreign investment…

PM Imran vows to facilitate investors in country  

ISLAMABAD: Prime Minister Imran Khan on Tuesday said that his government was committed to facilitate investors and vowed to provide favorable investment climate in the country.     Talking to a delegation of Coca Cola from Turkey, which called on him in Islamabad on Tuesday, PM Iman said that their government will help guide businessmen in taking advantage from the existing opportunities in the country by providing level playing field. PM Imran assured the delegation of all possible support of the government in taking…