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LAHORE, Pakistan/SHANGHAI (Reuters) - Zhang Yang, a businessman from Chongqing in southwest China, is searching online forums for fellow stout-hearted entrepreneurs willing to cast aside security concerns and join him on a scouting mission to Pakistan.
ISLAMABAD: Crown Prince Mohammed bin Salman on Sunday said Saudi Arabia has signed investment agreements worth US$20 billion during his high-profile visit to Pakistan, where tensions were flaring up with nuclear-armed rival India.
ISLAMABAD: Pakistan is in talks to import liquefied natural gas (LNG) from France, Italy and Spain, a senior Pakistani source said, raising the prospect of new contracts for Engie, Eni and Gas Natural Fenosa. Malaysia, Russia, Turkey and Azerbaijan have all signed IGAs with Pakistan and their companies have begun commercial negotiations. Pakistan expects to sign deals with Indonesia and Oman soon.
ISLAMABAD: Pakistan’s Minister of State for Finance Rana Afzal Khan said the government may raise the “same” amount of funds from global debt markets as it did at a US$2.5bil sale in November.
PETALING JAYA: edotco Group Sdn Bhd’s plans to acquire 13,000 towers from Pakistan Mobile Communications Ltd have been scuppered as certain regulatory approvals were not received.
KUALA LUMPUR: Bina Puri Holdings Bhd’s subsidiary has won an arbitration case against the Pakistan National Highway Authority (NHA) over the termination of a concession agreement dated jan 16, 2012
ISLAMABAD: Pakistan’s stocks and bonds rose and the rupee fell after the government said it would seek the nation’s 13th International Monetary Fund (IMF) bailout since the late 1980s in a bid to stabilise the economy and plug dwindling finances.