Category: BE2C2

Kuwaiti Co. Foraying Into ‘Waste Energy’ in Sindh, Landhi Cattle Colony Could Be the First

BE2C2 — With a huge waste to energy potential in the country, such as the…

How Much Pakistan May Have Lost While Contesting Reko Diq Challenge

Reko Diq bloodbath could have been avoided, and it still can be: monetizing the obvious…

‘Fishy Deal’: Five, Not Single Firm to Compete for Third LNG Terminal at Port Qasim

The federal government also expressed serious concern over delays and held Port Qasim Authority (PQA)…

Gifting Each Pakistani Expat Honorary Tax Payer’s Certificate (NTN)

Overseas Pakistanis added $1.3bn more this year to the official economy and to the disposal…

Saudi Launches Digital Payment Portal For Govt., Businesses, Vendors

AL-BILAD DAILY — Saudi Arabia is introducing an e-Invoicing and electronic payment platform designed to…

IMF Releases $1 Billion; Deal Opens Up Door to Other Global Lending Orgs.

PKONWEB — The International Monetary Fund (IMF) has released $1 billion to Pakistan immediately and…

Saudi Oil For Pakistan On Deferred Payment Starts July 1

PKONWEB — Pakistan will start receiving Saudi oil on deferred payment facility from July 1,…

Former Executive of Arif Naqvi’s Abraaj Group Pleads Guilty to U.S. Charges in Plea Bargain

“I share responsibility for what happened,” Abdel-Wadood said. “I regret my involvement more deeply than…

Karachi Woes: World Bank Provides $652M Loan to Help Make Pakistan’s Economic Powerhouse Livable

Karachi has “highly complex political economy, highly centralized but fragmented governance, land contestation among many…

Saudi Stock Exchange Relaxes Ownership Limits For Foreign Investors

There will be no minimum or maximum ownership limit, although the owners must hold the…

Saudi Military’s Latest Acquisition, JVs at Paris Air Show to Boost Local Defense Ambitions

Although Saudi Arabia is the world’s third biggest military spender ($67.6bn), only 2 percent of…

Saudi Launches Special Residency Visa Scheme, Like Green Card for Expats

In a related development, investors of Saudi $500bn Neom city will get residencies and visa-free…