Business
IMARAT Plans Pakistan’s Biggest REIT
Islamabad, November 01, 2023 : IMARAT Group, the leading real estate developer in Pakistan, is pleased to announce the establishment of a Real Estate Investment Trust (REIT) management company (RMC). This is a precursor to IMARAT’s launching its own REIT next year. The newly established REIT management company will initially incorporate four projects from IMARAT…
SBP maintains interest rate at 22pc
Karachi, October 30, 2023: The State Bank of Pakistan (SBP) on Monday decided to maintain its benchmark interest rate – the cost of bank lending – at 22 percent. At its meeting today, the SBP’s Monetary Policy Committee (MPC), decided to maintain the policy rate at 22 percent. In a recent meeting, the Monetary Policy…
Clean energy Pakistan’s top priority: Caretaker Energy Minister
Islamabad, October 30 , 2023 : Caretaker Minister for Energy Muhammad Ali has said that clean energy was the top priority of Pakistan. He stated this while talking to the Ambassador of Denmark to Pakistan Jacob Linulf who visited the Power Division here Monday, said a press release. The minister said that the world was…
Seminar on ‘3rd Belt and Road Forum’ held
Lahore, October 29 , 2023 : The Chinese Consulate Lahore and the Institute of International Relations and Media Research organized a seminar titled: ‘3rd Belt and Road Forum’ at a local hotel on Sunday. Caretaker Provincial Minister for Industries and Commerce SM Tanvir and Consul General Zhao Shiran participated as the special guests and talked…
Pakistan’s cuisine to play role in tourism promotion: Wasi
Islamabad, October 28 , 2023 :Minister of State for Tourism, Wasi Shah on Saturday emphasized the significant role that Pakistani cuisine can play in the promotion of tourism in the country. Addressing at the International Chef Day celebration organized by the Chef Association of Pakistan, the minister expressed his delight in witnessing the increasing participation…