Dar-led ECNEC defers $6.7 billion ML-I CPEC project due to financing issues M Haris
The Executive Committee of the National Economic Council (ECNEC), led by Deputy Prime Minister Ishaq Dar, has deferred the approval of the $6.7 billion Mainline-I...
PTCL gets $400m financing for Telenor acquisition M Haris
ISLAMABAD: In a major development for Pakistan’s telecom sector, Pakistan Telecommunications Company Limited (PTCL) has secured $400 million in debt financing from an International Finance...
EU targets 6 individuals, 3 firms in crackdown on Hamas financing M Haris
The European Union has decided to sanction six people and three companies for financing Hamas and the Palestinian Islamic Jihad, the EU council said on...
Smartphone financing issues land in SIFC’s court M Haris
The Special Investment Facilitation Council (SIFC) has taken up the matter of smartphone financing, directing the Ministry of Information Technology and Telecommunication to conduct due...
Rupee gains on World Bank financing boost M Haris
KARACHI: The consolidating Pakistani rupee regained Rs0.12, strengthening to Rs278.50 against the US dollar in the inter-bank market on Tuesday. According to State Bank of...