Does Pakistan Have a Chinese Debt Problem?
Pakistan and China are celebrating as the China-Pakistan Economic Corridor, the centerpiece of Beijing’s global Belt and Road initiative, completes 10 years. The investment project has grown to over $60 billion and provided Pakistan with crucial infras…
Pakistan’s 4th MILGEM ship to be launched this week
As part of the MILGEM project, the fourth warship, named PNS TARIQ, will be launched on Wednesday in Pakistan’s southern port city of Karachi.The MILGEM ships were built simultaneously in Türkiye and Pakistan for the Pakistani Navy by Türkiye’s Militar…
Mehran Sugar Mills Limited Releases Quarterly Report for Period Ended June 30, 2023
Karachi, Mehran Sugar Mills Limited has transmitted its Quarterly Report for the period ended June 30, 2023, through PUCARS (Pakistan Unified Corporate Action Reporting System). The report is now available on the company’s website, providing stakeholde…
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Govt introduced reforms in various sectors for sustainable, inclusive growth: Dar
Minister for Finance and Revenue Ishaq Dar says government has introduced reforms in various sectors for tackling persistent outstanding structural issues with a special focus on sustainable and inclusive growth.Talking to Resident Representative Unit…
‘PTI Chief exposed in Toshakhana case for committing corrupt practices, concealing facts’
Minister for Climate Change and Environmental Coordination Sherry Rehman says Pakistan Tehreek-e-Insaf (PTI) Chief has been exposed in the Toshakhana case for committing corrupt practices and concealing the facts.In a tweet, she said ever since the fa…
Engro Corporation Limited Cancels 39.5 Million Shares Purchased During Buy-Back, Reducing Paid-Up Capital to PKR 5.37 Billion
Karachi, In a recent development, Engro Corporation Limited has cancelled 39,536,762 ordinary shares purchased during the buy-back process. The cancellation was carried out in accordance with Regulation I0(d) of the Listed Companies (Buy-Back of Shares…
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Info Minister inaugurates Cinema House in Islamabad
Minister for Information and Broadcasting Marriyum Aurangzeb inaugurated a Cinema House at Shalimar Recording and Broadcasting Company in Islamabad today.Talking to media after performing ground-breaking of the cinema, she said all efforts are being m…
Iranian FM arrives in Pakistan on two-day official visit
Foreign Minister of Iran Hossein Amir Abdollahian has arrived in Islamabad on a two-day official visit to Pakistan.He is visiting on the invitation of Foreign Minister Bilawal Bhutto Zardari.During the visit, the Iranian Foreign Minister will call on …
Kohinoor Textile Mills Limited Successfully Executes Buy-Back of 201,500 Shares at Rs. 53.00 per Share
Karachi, Kohinoor Textile Mills Limited has successfully completed its buy-back of 201,500 ordinary shares at Rs. 53.00 per share, pursuant to the Special Resolution passed in the Extraordinary General Meeting held on March 03, 2023. The buy-back was c…
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Substantial Shareholder Ali Shahzad Buys Significant Number of Shares in Pakistan General Insurance Company Limited
Karachi, The Pakistan General Insurance Company Limited has reported significant share transactions executed by Ali Shahzad, a substantial shareholder of the company. On July 27, 2023, Ali Shahzad bought a total of 4,686,748 shares in two separate tran…
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