Articles for tag: Agriculture Development, Asif Ali Zardari, bilateral trade, Business and Trade, business leadership, Corporate Social Responsibility, Diplomatic ties, Direct Foreign Investment, economic diplomacy, Economic Growth, economic policies, economic progress, economic reforms in Pakistan, Energy Sector Investments, entrepreneurship, financial growth, Foreign Direct Investment, Foreign Investment in Pakistan, Global Business Leaders, Global Investment Trends, government initiatives, high net worth individuals, Hilal-e-Imtiaz, IIMSAM Ambassador, infrastructure development, Infrastructure Growth, International Business Partnerships, international recognition, international trade relations, investment in Pakistan, Investment Opportunities, IT and Real Estate Investments, Logistics and Supply Chain, overseas pakistanis, Pakistan Civil Awards, Pakistan economy, Pakistan-Gulf Relations, Pakistani Business Leaders, Real Estate Expansion, Spirulina for Malnutrition, Strategic Investments, sustainable development, The Pakistan Daily, Trade Agreements, trade and commerce, UAE-Pakistan relations, Umar Farooq Zahoor, UN Sustainable Development Goals, wealth management

March 23, 2025

The Pakistan Daily

Pakistan

Hilal-e-Imtiaz for Umar Farooq Zahoor for bringing over $700m in investment to Pakistan

LONDON: President Asif Ali Zardari has conferred Pakistan’s highest civilian award – the Hilal-e-Imtiaz – upon Dubai-based Pakistani origin businessman Umar Farooq Zahoor in recognition of his services for the state of Pakistan, mainly for bringing foreign direct investment worth hundreds of millions of US Dollars. President Asif Ali Zardari had approved the Hilal-e-Imtiaz (Crescent of Excellence) for Umar Farooq Zahoor in August last year. Farooq was among over 100 individuals, both Pakistani and foreign, who received the civil awards on Sunday at the special presidential investiture ceremony held at the President House in connection with the Pakistan Day. Umar

March 4, 2025

The Pakistan Daily

FeaturedNewsPakistan

Economic indicators improving due to govt’s efforts: PM Shehbaz

Prime Minister Shehbaz Sharif says provision of essential items to the people at affordable prices is the top priority of the government. In a statement, he expressed satisfaction over the continuous decline in the Consumer Price Index inflation. He also expressed confidence that inflation will decrease further. The Prime Minister said the current government is completing its one year in office and this is extremely good news on this occasion. He said it is very encouraging that inflation has come down to 1.5 percent last month, which is the lowest inflation rate since September 2015. He said the average inflation

March 1, 2025

The Pakistan Daily

FeaturedNewsPakistan

Govt pursuing strategy for investor-friendly policies: PM Shehbaz

Prime Minister Shehbaz Sharif says business community and industrialists are the backbone of country’s economy and resolving their problems is government’s top priority. Talking to leading businessmen and industrialists in Islamabad, he said the government is vigorously pursuing the strategy to bring in business and investor-friendly policies in the country. The Prime Minster said the business community and investors have been provided with a simple and easy platform under the Special Investment Facilitation Council, where facilities are being provided under one-window operation. He informed that a major task has been completed regarding the digitization of the Federal Board of Revenue

February 11, 2025

The Pakistan Daily

FeaturedNewsPakistan

Pakistan’s economy improving at macroeconomic level: PM Shehbaz

Prime Minister Muhammad Shehbaz Sharif says the foundation of Pakistan’s economy at the macro-economic level has been gradually improving since last year. Talking to Pakistani investors and businessmen in Dubai, he said the inflation has decreased to 2.4 per cent in January this year, while the policy rate is at 12 per cent. The Prime Minister said that Pakistan’s exports, including IT exports, are on the rise, and foreign remittances have reached a record high of three billion dollars in January this year. He said Pakistan’s economic landscape has witnessed stability at macroeconomic level following agreement with the International Monetary

January 30, 2025

The Pakistan Daily

FeaturedNewsPakistan

‘Uraan Pakistan’ initiative ensures inclusive progress, says Ahsan Iqbal

Minister for Planning, Development and Special Initiatives Ahsan Iqbal has reaffirmed Pakistan’s deep-rooted economic and cultural ties with the United Kingdom. During a meeting with British Parliamentarians at Portcullis House, Westminster, he stressed Pakistan’s focus on enhancing trade and economic cooperation with the key partners to achieve shared prosperity. He also acknowledged the significant contributions of British Pakistanis in fortifying the bond between the two nations and encouraged deeper engagement in Pakistan’s development efforts. Highlighting key economic indicators under the leadership of Prime Minister Shehbaz Sharif, he shared inflation has been reduced from thirty-eight percent to four percent and Pakistan’s

January 29, 2025

The Pakistan Daily

FeaturedNewsPakistan

easypaisa is Pakistan’s First Digital Bank To Receive Commercial Approval For Regular Operations

Islamabad: easypaisa has achieved a groundbreaking milestone by becoming Pakistan’s first Digital Retail Bank to receive commercial approval for the commencement of regular digital banking operations from the State Bank of Pakistan (SBP) under its Licensing and Regulatory Framework for Digital Banks. Approval to launch commercial operations was accorded to easypaisa digital bank on January 28, 2025, in an official licensing ceremony held at the State Bank of Pakistan. With this approval, Telenor Microfinance Bank has been converted from a “Microfinance Bank” to a “Digital Retail Bank,” and will now be operating under the name “easypaisa digital bank” (Registered name:

January 29, 2025

The Pakistan Daily

FeaturedNewsPakistan

CDWP approves 16 development projects worth Rs259.68b

The Central Development Working Party has approved 16 development projects worth of 259.68 billion rupees. The approval was given during a meeting of the CDWP in Islamabad with Deputy Chairman Planning Commission Ahsan Iqbal in the chair. Out of these, seven projects were recommended to the Executive Committee of the National Economic Council for its consideration and approval.

January 29, 2025

The Pakistan Daily

FeaturedNewsPakistan

Pakistan to be part of premium economic club of world G-20 by 2030: Dar

Deputy Prime Minister and Foreign Minister Ishaq Dar says Pakistan will be the part of premium economic club of the world G-20 by 2030 due to its enormous economic potential. Speaking at the Pakistan Business Council’s Dialogue on the Economy in Islamabad, he emphasized all stakeholders to work collectively for economic sovereignty of the country. He said that we have become 24th largest economy of the world and inflation has been declined from double digit to four percent. Highlighting the achievements at diplomatic fronts made by country during the present PML-N government, he said that Pakistan became the non-permanent member

January 28, 2025

The Pakistan Daily

FeaturedNewsPakistan

PM Shehbaz welcomes reduction in policy rate by SBP

Prime Minister Muhammad Shehbaz Sharif, welcoming the one percent reduction in policy rate by the State Bank of Pakistan, has said it would help boost the investors’ confidence in the country’s economy. In a statement, he termed the policy rate reduction to 12 percent as a welcome move for the economy and expressed the hope that it would pave the way for increase in investment. The Prime Minister said the policy rate has been reduced due to the low inflation rate. He expressed his optimism that the inflation would further decrease in the coming months. He also lauded the efforts