ISLAMABAD :Samsung has been in negotiations with three investors about establishing a mobile manufacturing facility in Pakistan. According to sources, one of the three parties has a franchise from Korea and has already established car assembly factories in Pakistan as part of the Auto Development Policy (ADP) 2016-21, while theRead More →

ISLAMABAD — The National Command and Operation Center (NCOC) voiced great worry on Wednesday over the country’s recurrence of global pandemic cases.The problem of rising coronavirus infections was discussed at a meeting led by Federal Minister for Planning Asad Umar. Provincial Chief Secretaries were also able to participate in theRead More →

The Civil Aviation Authority (CAA) has given Air Arabia permission to operate four flights each week between Faisalabad and Multan. The low-cost Emirati airline (Air Arabia) would fly two weekly flights between Abu Dhabi and Multan and two weekly flights between Abu Dhabi and Faisalabad, according to CAA authorities. TheRead More →

PORT-AU-PRINCE: Interim Prime Minister Claude Joseph stated in a statement early Wednesday that a gang of unidentified persons invaded Haitian President Jovenel Moise’s private residence overnight and shot him dead. The incident took place amid an increase in politically motivated violence in the poor Caribbean country. There are worries ofRead More →

On Tuesday, Pakistan issued $1 billion in international bonds under the Sukuk programme. These Sukuk bonds have a subscription price of $3 billion for five, ten, and thirty years.The federal cabinet has approved the issuance of Eurobond and Sukuk bonds, which are expected to produce 3.5 billion dollars this fiscalRead More →