Category: Highlights

BYD, World’s Largest Battery Manufacturer, Joins Forces with Diwan International to Introduce High-Performance Lithium-ion Batteries in Pakistan

Admin

Karachi: “Global leader in battery manufacturing, BYD, has announced a strategic distribution partnership with Diwan International Pvt Ltd, Pakistan’s largest solar component distributor, to supply premium Lithium-ion batteries for solar systems in Pakistan. This partnership marks a significant milestone in the country’s renewable energy sector, as Diwan International expands its portfolio of esteemed partners, including Huawei Solar Inverter, Jinko Solar, Trina Solar, Longi Solar, Tongwei Solar, Astronergy, Chint LV products, Leoch Battery, and Pilot Batteries. With this collaboration, BYD is poised to make a substantial impact in Pakistan’s clean energy…

Read More

LIIBS 7th Edition, Unites Stakeholders for Collaborating for Growth

Admin

Islamabad, April 23, 2024: The 7th Edition of LEADERS IN ISLAMABAD BUSINESS SUMMIT (LIIBS) kicked off with a full house at a local hotel in Islamabad.  More than 15 global speakers and 1000+ delegates were present at the event to unlock growth opportunities and collaborate for mutual benefit and advancement. The 7th Edition of LIIBS is jointly hosted by Nutshell Group and Unity Foods Limited, in collaboration with OICCI (Overseas Investors Chamber of Commerce and Industry), with Faysal Bank Limited as the Platinum partner, and InfraZamin Pakistan as the strategic partner.…

Read More

Pakistan, Iran sign 8 agreements, MoUs: Trade volumes to be hiked to $10bn in 5 years

Admin
New-iran

ISLAMABAD: Pakistan and Iran have agreed to increase the volume of bilateral trade to $10 billion in the next five years following the signing of as many as eight agreements and memorandums of understanding (MoUs) for cooperation in different areas. Speaking after witnessing the signing of the agreements and MoUs between the two sides, Prime Minister Shehbaz Sharif said that a fruitful discussion was held between the two sides including security and investment during the meeting. He said that Iran was among those countries which recognised Pakistan after 1947. The…

Read More

Pak-Iran trade volume ‘unacceptable’, to be increased to $10bn: Raisi

Admin
Iran-Pakistan

Iran and Pakistan have decided to increase the trade volume between the two countries to $10 billion, Iranian President Ebrahim Raisi said on Monday, adding that the existing volume was “not acceptable”.Raisi — who is currently on a three-day visit to Pakistan — made the remarks during a joint press conference alongside Prime Minister Shehbaz Sharif after the two held a meeting in Islamabad. The visit is the first of its kind by any head of state after the February 8 general elections.“We are committed to strengthening relations at high…

Read More

IMF board to approve $1.1bn on 29th

Admin
IMF-demand

WASHINGTON: The Executive Board of the International Monetary Fund (IMF) will meet on April 29 to finalise its last review of Pakistan’s $3 billion Stand-By Arrangement (SBA).“According to the IMF’s event calendar, the review meeting is set for 10:00am on April 29,” a diplomatic source informed Dawn.Earlier this week, the Fund published a schedule of the Executive Board’s meetings on its website, which indicated Nigeria as the country whose programme would be reviewed on April 29. The subsequent meeting on May 1 will review IMF programmes with Kiribati and Montenegro, with…

Read More