Karachi, July 31, 2024: The Federal Cabinet has approved the privatization of 13 entities under Pakistan’s Power Division, including nine power distribution companies. Sources close to the development revealed that, nine out of the eleven government-owned power distribution companies have been included in the privatization list, with the Quetta Electric Supply Company and Tribal Electric…
Karachi, August 05, 2020: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Executive committee of the National Economic Council (ECNEC) at the Cabinet Division today. The project of Pakistan Railways for”Up gradation of Pakistan Railways existing Mainline-1 (ML-1) and establishment of dry port near Havelian…
Karachi, July 02, 2020: The 47th meeting of Meezan Bank’s Shariah Supervisory Board (SSB) was recently held as an online event, with the goal of preventing contagion and staying consistent with the recommendations of global and local health authorities and the Government. This was the first Shariah Supervisory Board meeting conducted completely online where members…
Karachi, May 04, 2020: President Dr Arif Alvi has approved amendments in Companies Act 2017 to provide an enabling regulatory framework to facilitate startups in Pakistan. These amendments were proposed by the Securities and Exchange Commission of Pakistan (SECP) to help promoting and nurturing startups as well as attract local and international innovators. The Companies…
Karachi, December 30, 2019: Asian Development Bank (ADB) has approved amount of up to US $150 million for different road infrastructure project included major roads to provide connectivity and links between the different regions of Galliyat. The Galliyat Development Authority (GDA) would execute different projects connectivity to enhance the facility of integrated tourism in region…