First Time in History Pakistan Earns $4 Billion in Rice Exports in 2024

rice export

For the first time ever, Pakistan has set a new record by exporting $4 billion worth of rice in the current fiscal year. This remarkable achievement is largely due to the efforts of the Special Investment Facilitation Council (SIFC), which has played a crucial role in boosting the country’s agricultural sector. One of the standout products in this success is…

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PPL awarded best Petroleum Company by FPCCI

PPL

Karachi, October 12, 2024: Pakistan Petroleum Limited (PPL) has been conferred the Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Best Performance Excellence Award on its outstanding performance in the Petroleum Sector. The Honourable President of Pakistan Mr. Asif Ali Zardari presented the award to Syed Mahmood ul Hassan General Manager Shared Services, PPL at FPCCI’s 12th Achievement Awards…

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Pakistan and Saudi Arabia Strengthen Economic Ties with $2.2 Billion MoUs Across Multiple Sectors

Saudi-Arabia

Islamabad, Pakistan — Pakistan and Saudi Arabia solidified their strategic partnership with the signing of 27 Memorandums of Understanding (MoUs) valued at $2.2 billion. These agreements span a wide array of sectors, including industry, agriculture, IT, education, health, petroleum, mining, energy, and food. The MoUs were signed during a high-profile visit by Saudi Arabia’s Minister of Investment, Sheikh Khalid Bin…

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Saudi Kingdom’s Vision 2030 ties seamlessly with Pakistan’s economic vision, Dr Musadik Malik

Saudi-pak

Federal Minister for Petroleum Dr Musadik Malik addressing the Pak-Saudi business forum 2024 gave an overview of the investment opportunities. He said that historically we have had ties in traditional areas and formidable friendship. Now we would like to transition from friendship to a journey of growth and development and become partners. We have started thinking now in terms of…

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NBP Partners with Huawei to Establish National Cloud Data Center

NBP-Partners

Karachi – October 10, 2024 National Bank of Pakistan has signed a MoU with Huawei Technologies Pakistan (PVT) to develop a state-of-the-art National Cloud Data Center. The MoU was formalized during the Huawei Connect 2024 Global Conference. This collaboration aims to strengthen NBP’s digital infrastructure by deploying cutting-edge cloud services in a Tier-3 certified data center. Huawei will provide dedicated…

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Pakistan to Import 12,000 MW of Solar Panels as Part of Renewable Energy Push

solar-powe

ISLAMABAD: Pakistan is set to import 12,000 megawatts of solar panels this year as part of its efforts to increase reliance on renewable energy, the Senate Standing Committee on Climate Change revealed during a meeting chaired by Senator Sherry Rehman. The committee discussed the Pakistan Trade Control of Wild Fauna and Flora (Amended) Bill 2024, with PPP Senator Shahadat Awan…

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Karachi’s Business Leaders Demand Immediate Action on Deteriorating Infrastructure

Business-Leaders

KARACHI: Economists, architects, traders, and business leaders have urged the Chief Justice of the Sindh High Court (SHC) and the Sindh government to address the city’s crumbling infrastructure, overflowing sewerage, and rampant pollution, which have severely impacted business districts and markets. Speaking to The Express Tribune, they criticized the city’s governing bodies, including the Karachi Metropolitan Corporation (KMC) and other…

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High-level Saudi business delegation arrives in Pakistan on three-day visit

saudi pakistan deal

PM Shehbaz had earlier stated that he expected agreements worth $2 billion to be signed A high-level delegation of Saudi investors, led by Minister of Investment Khalid bin Abdulaziz Al-Falih, arrived in Pakistan on Wednesday on a three-day visit, amid Islamabad’s expectations that the two countries will sign bilateral agreements worth $2 billion. Federal Ministers Musadik Malik, Jam Kamal Khan,…

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