Pakistan’s top investment body said on Tuesday that it has cleared regulatory hurdles to pave the way for seven new cement plants in the country worth a total investment of $700 million, stating that the move is expected to boost output, curb imports and enhance exports. The Special Investment Facilitation Council (SIFC) is a hybrid […]
SIFC
Pakistan secures halal meat export deal with Tajikistan
Pakistan has made a significant breakthrough in regional trade cooperation by securing an agreement to export halal meat to Tajikistan, officials said on Monday, marking a new milestone in bilateral economic relations between the two countries. Under the agreement, Pakistan will export 143,000 tonnes of halal meat to Tajikistan, with the total value of shipments […]
Global agencies hail Pakistan’s economic turnaround
International rating agencies have recognized significant improvement in Pakistan’s economy. The country’s foreign exchange reserves have reached historic highs. Agencies such as Gallup and Dun & Bradstreet have confirmed this positive trend. According to reports, consumer confidence in Pakistan has risen by 19 percent, reflecting growing trust in economic policies. In March 2022, the country’s […]
High corporate taxes seen as hurdle to FDI, SIFC says
ISLAMABAD: Pakistan’s high corporate taxes are discouraging foreign direct investment (FDI), the Special Investment Facilitation Council (SIFC) said on Thursday, while the Federal Board of Revenue (FBR) stressed that any adjustments must be linked to improved compliance to prevent potential revenue losses of Rs1.6 trillion. Read More: Tax revenue from electricity bills drops by Rs110 […]
NFC meeting scheduled for December 4 to discuss IMF conditions
ISLAMABAD: A meeting of the National Finance Commission (NFC) has been scheduled for December 4 to review the implementation of IMF conditions and the new financial award, sources said. The federal government has invited all four provinces to the session, which will be attended by Federal Finance Minister Muhammad Aurangzeb and the provincial finance ministers. […]
Ishaq Dar inaugurates Pakistan’s first Google Chromebook assembly line
ISLAMABAD – Deputy Prime Minister Ishaq Dar on Tuesday inaugurated Pakistan’s first Google Chromebook assembly line, calling it a “historic milestone” that will accelerate the country’s digital transformation and expand access to affordable technology. Speaking at the launch ceremony in Islamabad, Dar said the initiative marks a new chapter in Pakistan’s partnership with Google, paving […]
Pakistan sees 73% surge in investor confidence
Foreign investors’ confidence in Pakistan rose sharply to 73% in 2025, up from 61% in 2023, the OICCI survey showed. The improvement reflects better economic stability, reduced inflation, and government efforts to attract foreign investment. Analysts see this as a strong signal of renewed global trust in Pakistan’s market. OICCI President Yousaf Hussain highlighted the […]
PM Shehbaz Sharif invites Qatari investors to explore opportunities
ISLAMABAD – Prime Minister Shehbaz Sharif on Friday invited Qatari investors to explore new avenues of collaboration under Pakistan’s Special Investment Facilitation Council (SIFC) framework. The invitation came during a meeting with Sheikh Faisal bin Thani bin Faisal Al Thani, Qatar’s Minister of Trade and Industry, who is in Pakistan for the sixth session of […]
Pakistan and Qatar sign protocol for $3bn investment
ISLAMABAD – Pakistan and Qatar have signed a comprehensive protocol to formalise cooperation across multiple sectors, including a $3 billion investment pledge from the Qatar Investment Authority (QIA) and other Qatari entities. The agreement was inked at the conclusion of the Sixth Session of the Pakistan-Qatar Joint Ministerial Commission (JMC) on Economic, Trade and Technical […]
Saudi Arabia’s GO Telecom Launches AI Hub in Pakistan
ISLAMABAD – Saudi Arabia’s GO Telecommunications Group on Saturday launched an Artificial Intelligence (AI) Hub in Pakistan to promote digital innovation, research, and collaboration between Pakistani freelancers and Saudi tech firms. The launch event was attended by Federal Minister for IT and Telecommunication Shaza Fatima Khawaja, Saudi Ambassador Nawaf bin Said Al-Malki, SIFC National Coordinator […]