Economy
YADEA Pakistan expands its electric mobility revolution with the launch of Gujrat dealership store
Gujrat, January 17, 2024 : Yadea, the global leader in electric bikes, continues its rapid expansion across Pakistan with the grand opening of its latest Dealership Store in Gujrat, marking another milestone after the successful inauguration in Lahore and Multan. The Gujrat dealership is owned and operated by Amir Electronics Group, a trusted entity with…
Kot Addu power company limited
Intention to acquire stake in Tenaga Generasi Limited (TGL) According to information from the Pakistan Stock Exchange (PSX), KAPCO submitted a bid to acquire a stake in Tenaga Generasi Limited (TGL), the owner of a 49.5MW wind power project in Sindh. If the bid proves successful, KAPCO would secure a majority ownership in the company….
10,000 acres industrial zone announced for Karachi
Karachi, January 16, 2024 : Atif Ikram Sheikh, President FPCCI, has apprised that Dr. Gohar Ejaz, Federal Caretaker Minister for Commerce & Industries, has announced a new industrial zone of a whopping 10,000 acres for Karachi; which will be aligned with international standards during his maiden visit to FPPCI – the apex body of trade…
Oxfam’s inequality report highlights wealth divide as Davos WEF Begins
Islamabad, January 16, 2024 :The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020, while the wealth of the poorest 60 per cent – almost five billion people – has fallen, a new Oxfam report on inequality and global corporate power has found. If current trends…
Govt urged to resume affordable house financing scheme
Karachi, January 13, 2024 : The government should resume the affordable house financing scheme through commercial banks to facilitate masses for purchasing home on easy installments and to revive economic activities across the country. This was stated by the real estate tycoon and founder of Shangrila City, Syed Afzal Hameed, at the annual meetup of…