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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

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 3, 2025

The Pakistan Daily

PM Shehbaz-led govt has steered country out of economic woes, says Rana Sanaullah

Adviser to the prime minister Rana Sanaullah said that the Shehbaz Sharif-led government has steered the country out of the economic woes. Expressing his thoughts in Faisalabad, Sanaullah said: “Maryam Nawaz’s team is making all-out efforts to steer Punjab towards the prosperity.” “When they came to power, the country was facing power outages back in 2012,” said Sanaullah. He said, “People like Saqib Nisar have made bogus cases against us. Sanaullah said that the government had not stopped the opposition from holding the conference. Sanaullah said: “We had dealt the opposition before, when it came to protest.” The Pakistan Muslim

January 28, 2025

The Pakistan Daily

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

December 2, 2024

Mir Mohammad Ali Khan

Remember, it is not a bad life, it is just a bad day: fighting depression

I have been meaning to write about this topic which is considered TABOO in our culture. Certain events today have compelled me to finally write and write for the sake of the youth of Pakistan. As i was driving back with my father from a family event earlier tonight i received a call that a friend of mine shot himself dead. Out of depression. If you had met him, you would not know in a million years that he was suffering from such severe depression. Always cheery, life of the party, loud, lovingly obnoxious with his jokes about every race

August 26, 2024

News Desk

Debt swaps in nature can ease the woes

KARACHI: Pakistan’s debt problems cannot be solved overnight by simply adopting contractionary monetary and fiscal policies to curb demand and government incentives. With increased external debt, unfortunately, the country is constantly relying on debt swaps from bilateral countries and commercial banks. Indeed, it is difficult for any borrower to constantly seek extensions. let alone pay the principal on time. This has geopolitical implications and affects the global power a nation can display. In this context, while increasing high-value exports, increasing foreign direct investment and attracting remittances would take a long time, innovative debt financing can marginally ease the pressure. Troubled

August 26, 2024

News Desk

Is a financial recovery plan on the cards?

Islamabad: Not really. Anyone asking for it? Not really. Is there liability for inaction? Not really. Will we remain victims of the status quo? Absolutely yes! The country has such a sad but common state of affairs. Of course, the news about the annual budget exercise and the IMF package have faded or been taken over by other issues. This does not mean, however, that the economic situation has improved or that concrete steps towards recovery and reform have been made, unless this is happening under the radar. Pakistan’s economic landscape has been characterized by a number of challenges that

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