Prime Minister Shehbaz Sharif has invited Turkish companies to increase their investments in Pakistan across key sectors, reaffirming the government’s commitment to strengthening economic cooperation with Türkiye. Read More: PM Shehbaz invites Turkish investment in agriculture During his official visit to Istanbul, the prime minister met senior executives from leading Turkish business groups and industry organisations to discuss new […]
foreign investment
Pakistan inflation to stay above 11% in June
Pakistan’s inflation is expected to remain in double digits during June, with the Ministry of Finance estimating the annual rate between 11% and 12% in its latest monthly economic outlook report. The forecast highlights that price pressures continue to weigh on households despite broader signs of economic improvement. The report also showed that the country’s […]
Pakistan eyes economic gains after key mediation role
Pakistan’s role in helping facilitate talks between the United States and Iran has earned international recognition and opened the door to possible economic opportunities. Prime Minister Shehbaz Sharif and Field Marshal Asim Munir participated in high-level discussions in Switzerland, where diplomatic efforts helped ease tensions that threatened regional stability, global energy supplies and international markets. […]
Modi visit boosts India and UAE defence and energy ties
India and the United Arab Emirates (UAE) have agreed to strengthen bilateral defence and energy cooperation during Prime Minister Narendra Modi latest visit to the Gulf state, marking a significant expansion of strategic ties between the two countries. Read More: UAE pledges $5bn investment in India According to India’s foreign ministry, both sides finalised a framework for […]
PM Shehbaz Sharif met a high-level European Union delegation to strengthening trade ties
Prime Minister Shehbaz Sharif met a high-level European Union delegation and representatives of major European companies in Islamabad on Tuesday to discuss strengthening trade, investment, and economic cooperation between Pakistan and the EU. Read More: European firms signal interest in expanding footprint in Pakistan The meeting took place at the Prime Minister House during the delegation’s […]
Shehbaz Sharif has reaffirmed Pakistan’s commitment to a sustainable framework
Shehbaz Sharif has reaffirmed Pakistan’s commitment to a sustainable, transparent, and facility-based investment framework aimed at attracting both local and international investors. Speaking during a meeting in Islamabad, the prime minister highlighted the government’s ongoing efforts to create a business-friendly environment. Read More: PM Shehbaz Sharif pledges swift economic reforms to world bank The meeting was held […]
Foreign investors pull funds amid Gulf tensions
KARACHI — Rising tensions in the Gulf region have triggered a noticeable withdrawal of foreign investment from Pakistan, with millions of dollars exiting domestic bond markets in recent days, according to data released by the State Bank of Pakistan. Read More: Russia, China urge diplomacy amid Gulf tensions The central bank’s figures show that approximately $20 […]
PSX slips as foreign selling and weak results weigh
KARACHI: The Pakistan Stock Exchange (PSX) fell on Thursday as continuous foreign selling and weak corporate earnings weighed on investor sentiment, while thinner participation on the first day of Ramadan contributed to slower trading. Read More: PSX bounces back with gain of over 5,700 points The benchmark KSE-100 Index fluctuated between a high of 179,279.74 (up […]
Venezuela opens oil sector to private firms in historic overhaul
CARACAS: Venezuela’s acting president, Delcy Rodríguez, has signed into law a sweeping reform of the country’s oil industry that opens the sector to private and foreign investment, marking a decisive break from decades of strict state control under socialist rule. The legislation was approved by the National Assembly on Thursday and signed by Rodríguez soon […]
FDI drops sharply on regional tensions
Foreign direct investment (FDI) plunged 43 per cent during the first half of the current fiscal year, deepening challenges for the government as it seeks to revive overseas capital inflows amid rising geopolitical uncertainty. The sharp decline underscores the fragile sentiment of foreign investors, exacerbated by tensions in the broader region. Read More: Pakistan receives […]