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1-10 results from 1000 for query «investment»

August 20, 2018 11:07 AM UAE's MBF Group to build medical city in Islamabad: report

Dubai-based MBF Group has signed an agreement to build an integrated medical city within the 100,000 square metre Gulberg Greens housing project in Islamabad, Gulf News reported on Sunday. The project will be undertaken by MBF Group, which operates in the fields of healthcare, IT and retail, in collaboration with Ibchez Housing and Nixon. The group will be represented

August 20, 2018 5:03 AM 16 ministers from PM Khan's cabinet sworn in

Sixteen members of Prime Minister Imran Khan's 21-strong cabinet took oath at a ceremony held at the President House in Islamabad on Monday morning. President Mamnoon Hussain administered the oath to the nominated federal ministers. Newly sworn-in Prime Minister Khan was by his side. The ceremony commenced with the national anthem. This was followed

July 20, 2018 12:00 AM Need to reform private equity market rules discussed

KARACHI: Industry leaders have advocated the need to reform private equity market regulations in Pakistan and agreed to further liberalise the regulations at a roundtable organised by USAID’s Financial Market Development (FMD) in collaboration with the Securities and Exchange Commission of Pakistan (SECP). The roundtable, attended by chief executive 3

July 20, 2018 12:00 AM Instability leads to $11.8m decrease in FDI

KARACHI: Amid the uncertainty prevailing in the country, there has been a decline in foreign direct investment (FDI), which has severely damaged the national economy. According to the figures released by the State Bank, the FDI witnessed a decrease of $11.8 million in the last financial year ending on June 30. The last few years saw a constant trend 9

July 19, 2018 12:00 AM Chevron Pakistan inaugurates: Phase-1 modernization of its lubricants blending plant

KARACHI: Chevron Pakistan Lubricants (Private) Limited (CPLPL) held an inauguration ceremony for Phase 1 modernization and expansion of its Lubricants Blending Plant situated at West Wharf, Karachi. The expansion project is an investment of more than Rs. 2 billion spanned over 3 years and reinforces Chevron’s commitment to long-term growth in the Pakistan 1

July 19, 2018 12:00 AM LSM growth clocks in at 2.76 percent in May

KARACHI: Large scale manufacturing (LSM) grew 2.76 percent in May as compared to the corresponding month a year earlier as retail sector thrived on growing consumer demand, while construction boom kept fuelling steel production, official data showed on Wednesday. Pakistan Bureau of Statistics (PBS) data showed that food, beverages and tobacco production 3

July 18, 2018 12:00 AM FPCCI’s achievement awards on 20th

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) will hold its 6th FPCCI Achievement Awards Ceremony to recognise the services of organisations in different sectors on Friday, July 20, 2018 at the Governor House. President Mamnoon Hussain will be the chief guest as the awards ceremony and will distribute awards to the recipients 6

July 16, 2018 12:00 AM Court dismisses criminal case against founder of UAE’s Abraaj

SHARJAH/DUBAI: A United Arab Emirates court on Sunday dismissed a criminal case against the founder of private equity firm Abraaj, Arif Naqvi, and another executive for issuing a cheque without sufficient funds, after the claimant dropped the complaint. The dismissal of the case provides breathing room for Naqvi as Dubai-based Abraaj tries to sell its investment 1

July 15, 2018 12:00 AM PTI reacts to Shahbaz’s presser

ISLAMABAD: Reacting to PML-Nawaz (PML-N) President Shahbaz Sharif’s news conference, Pakistan Tehreek-e-Insaf (PTI) Information Secretary Fawad Chaudhry Saturday charged that this was a bid to do away with the embarrassment, caused on the occasion of arrival of ex-PM Nawaz Sharif and his daughter in Lahore. Fawad claimed the nation, particularly the people 10

July 13, 2018 12:00 AM SECP confirms PIF, PGF conversion into open-end funds

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has approved the conversion of PICIC Investment Fund (PIF) and PICIC Growth Fund (PGF), being managed by HBL AMC into open-end funds, an announcement said on Thursday. The corporate sector regulator in a statement said it managed to bring this longstanding issue to a successful conclusion 4