Mar 4, 2022 · The Gross Domestic Product (GDP) in Pakistan was worth 263.69 billion US dollars in 2020, according to official data from

Dec 21, 2024 · Pakistan is set to inaugurate its first-ever women’s software technology park in Azad Kashmir, aiming to address the region’s gender-based digital divide. Scheduled to become operational in February 2025, the initiative is a significant step toward promoting gender inclusivity in the country’s rapidly evolving tech landscape. The …

Dec 26, 2024 · Dewan Farooque Motors Limited, a Karachi-based automobile importer and manufacturer, is set to locally assemble and launch Chinese electric trucks in Pakistan by the first quarter of 2025. The project is part of the company’s efforts to introduce sustainable transportation solutions under Pakistan’s evolving electric vehicle (EV) landscape.

Oct 30, 2024 · In a landmark development, Saudi oil giant Aramco inaugurated its first branded gas station in Pakistan on October 29, 2024, in Lahore, marking a new chapter in its expansion strategy within the South Asian nation. This follows Aramco’s acquisition of a 40% stake in Pakistan’s Gas & Oil Pakistan Ltd. (GO) earlier this year. Aramco, a leading global energy and chemicals corporation ...

Nov 13, 2024 · Abhi Private Limited, a rising fintech firm operating in the Middle East and Pakistan, has joined forces with tech conglomerate TPL Corp. Limited to acquire FINCA Microfinance Bank Limited. This significant acquisition, announced on Tuesday, is expected to strengthen the financial landscape in Pakistan and broaden access to essential financial services across underserved regions. FINCA ...

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Sep 17, 2024 · Two major Chinese firms are set to establish textile plants in Pakistan, thanks to an agreement facilitated by the Special Investment Facilitation Council (SIFC). Rainbow Industries Ltd. and Shaoxing Chemical Industry will collaborate to enhance Pakistan’s textile sector by producing affordable raw materials. This venture, which involves millions of dollars in investment, aims to address key ...

Sep 21, 2024 · ISLAMABAD: A major Chinese business group, Ruyi Shandong, announced plans to set up textile parks in Sindh and Punjab during a meeting with Prime Minister Shehbaz Sharif on September 20, 2024. These “international-standard” facilities are expected to boost Pakistan’s textile exports by up to $5 billion. Ruyi Shandong, one of the largest textile manufacturers globally, has expanded ...

Dec 4, 2024 · Pakistan’s Information Technology (IT) sector is incurring massive financial losses of over $1 million per hour due to frequent internet shutdowns, according to Sajjad Mustafa Syed, Chairman of the Pakistan Software Houses Association (P@SHA). Speaking to the media on Tuesday, Syed emphasized that achieving the government’s target of $15 billion in IT exports hinges on stable ...

Oct 24, 2024 · KARACHI: The fifth edition of the International Textile and Leather Exhibition (TEXPO) 2024 commenced in Karachi on Wednesday, with participants from 52 countries attending to explore business opportunities and promote Pakistan’s textile and leather products globally. The event is organized by the Trade Development Authority of Pakistan and runs from October 23 to 25 at the Karachi Expo ...