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SIFC paving way for foreign investments to boost economy

Special Investment Facilitation Council is paving the way for investments from different countries to improve the country’s economic situation. In this regard, Memorandums of Understanding (MoUs) have been signed between Pakistan and the United Arab Emirate aimed at enhancing bilateral cooperation. The UAE has expressed interest in investing in various sectors, including banking, mining, railways and infrastructure. A significant agreement between Pakistan Railways and the UAE’s Etihad Rail is expected to improve the railway network. The strategic partnership between Pakistan and the UAE will enhance cooperation in trade, investment and energy sectors. Pakistan, Uzbekistan set $1 billion trade target: Uzbek

SIFC’s Executive Committee stresses coordination to boost industrial sector

The Executive Committee of the Special Investment Facilitation Council (SIFC) has stressed the importance of close coordination and cooperation among relevant stakeholders to strengthen industrial sector in the country. It was decided in the 12th meeting of the committee held in Islamabad today with Minister for Planning, Development Ahsan Iqbal in the chair. The meeting reviewed progress of ongoing projects and policy initiatives across various sectors. It commended the ongoing efforts to grant industrial status to the warehousing and logistics sectors. The objective of the meeting was to further improve the investment climate in the country and pave the way

Pakistan’s improved ratings positioning it as attractive destination for investment, says Muhammad Aurangzeb

Finance Minister Muhammad Aurangzeb, in his meeting with Qatari counterpart Ali Ahmed Al-Kuwari on the sidelines of World Economic Forum Annual Meeting in Davos, discussed avenues for enhancing economic and investment cooperation between two brotherly countries. He highlighted Pakistan’s improved international financial ratings, which reflect the country’s robust efforts towards fiscal reforms, macroeconomic stability, and sustainable development. The Finance Minister emphasized that these improvements are positioning Pakistan as an attractive destination for foreign investment, especially from key partner nations like Qatar. The meeting concluded with a shared vision to strengthen the partnership between the two brotherly nations, aiming to elevate

“It’s time to reject politics of chaos,” says Ahsan Iqbal

LAHORE: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that it was time to reject the politics of chaos and focus on economic development. The minister said political stability and consistent policies are vital for the development of the country. The minister said when the PTI march reached Islamabad, the stock market dropped by 4,000 points, but when they left the capital, the stock market soared by 4,500 points. Addressing the foundation stone laying ceremony of a multipurpose building at Information Technology University (ITU), the minister said it is now everyone’s duty to prevent disruptions to policies

Pakistan, Azerbaijan to promote joint projects, trade partnership

Pakistan and Azerbaijan have agreed to promote joint projects and trade partnerships in diverse fields. The consensus to this effect was evolved in a meeting between the Ambassador of Azerbaijan to Pakistan Khazar Farhadov and Minister for Privatization Abdul Aleem Khan in Islamabad today. Speaking on the occasion, the Minister said both the countries should convert their mutual relations into business and bilateral trade. He said there are huge opportunities in various sectors for foreign investors in Pakistan. On his part, the Ambassador assured his full cooperation and said that his country would work with Pakistan on joint projects.

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