Annual hundi, hawala payments cross $15bn
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Annual hundi, hawala payments cross $15bn

The hundi and hawala business in Pakistan has crossed $15 billion a year mark, currency…

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Systems Limited Completes Central Depository Company of Pakistan Project
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Systems Limited Completes Central Depository Company of Pakistan Project

Systems Limited, Pakistan’s leading IT and technology-led BPO services completed their project in eight months…

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NetSol Technologies Signs a New Contract worth $100 Million
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NetSol Technologies Signs a New Contract worth $100 Million

NetSol, a global business services and enterprise applications solution provider announced the signing of a…

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China, Pakistan Sign Agreement On Coal Power Project
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China, Pakistan Sign Agreement On Coal Power Project

China and Pakistan on Monday signed a financing agreement on a coal power project located…

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Foreign investment slightly improved
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Foreign investment slightly improved

Foreign direct investment (FDI) inflows slightly improved during the first five months (July to November)…

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EU to Provide 653m to Pakistan for Poverty Alleviation
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EU to Provide 653m to Pakistan for Poverty Alleviation

European Union (EU) inked the Memorandum of Understanding (MOU)on Tuesday to provide millions of Euros’…

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Oil recovers a bit from steep falls
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Oil recovers a bit from steep falls

Oil recovered a bit Monday from a series of declines that drove prices to near…

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Mobilink, Warid Agree To Merge Operations
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Mobilink, Warid Agree To Merge Operations

Amsterdam-based telecoms company VimpleCom Ltd said it along with its associates agreed to merge their…

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Pakistan to invite PayPal, Alibaba to start e-Commerce Services
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Pakistan to invite PayPal, Alibaba to start e-Commerce Services

Pakistan is set to invite global online payment giants PayPal and Alibaba to offer their…

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World Bank Forecasts 4.5 Pct GDP Growth this Year
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World Bank Forecasts 4.5 Pct GDP Growth this Year

Despite increasing fears Pakistan gross domestic product growth (GDP) is expected to grow 4.5 percent…

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Pakistan hands land over to China for economic zone
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Pakistan hands land over to China for economic zone

Pakistan handed hundreds of hectares of land over to China Wednesday for development of a…

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IMF approves $502 million tranche
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IMF approves $502 million tranche

Despite three missed targets, the International Monetary Fund (IMF) cleared on Thursday Pakistan’s economic bailout…

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Fraud of Rs 1.7m Detected in Bar Account
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Fraud of Rs 1.7m Detected in Bar Account

Alleged embezzlement of about Rs1.7 million has been detected in the bank account of Bahawalpur…

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Dollar Mostly LOWER But Rises Against Yen
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Dollar Mostly LOWER But Rises Against Yen

ITF Dubai to Propel the Middle Eastern Textile Market
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ITF Dubai to Propel the Middle Eastern Textile Market

Getting exhibitors on board is always considered a milestone, but at the International Textile Fair,…

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