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Author Archives: Saqlain Naqvi

Alibaba all set to enter Pakistan after signing first MoU

Alibaba all set to enter Pakistan after signing first MoU

Alibaba Group’s Executive Chairman, Jack Ma and PM Nawaz Sharif witnessed the signing ceremony Pakistan signed a Memorandum of Understanding with Alibaba Group Holdings Limited on Tuesday to improve country’s global exports by Small and Medium Enterprises (SMEs) through e-commerce. The agreement between Alibaba and Trade Development Authority of Pakistan (TDAP) was signed by Commerce Minister Khurram Dastgir and Michael Evans, President ... Read More »

Bank of China gets license from State Bank to operate in Pakistan

Bank of China

Bank of China makes its way into Pakistan with $50 million investment Bank of China (BoC) will set up its first branch in Pakistan as it has received its banking license from Pakistan’s central bank, the State Bank of Pakistan (SBP). The government-run Bank of China (BoC) will initially bring in $50 million to meet minimum capital requirements. The new ... Read More »

U.S. Embassy leads Pakistani delegation to Recycling and Waste Management Expo

U.S. Embassy leads Pakistani delegation to Recycling and Waste Management Expo

Around 500 exhibitors will display innovations and products like Caterpillar, Cummins and Green Machine A member of the U.S. Foreign Commercial Service (FCS) joined a delegation of Pakistani companies from Karachi, Lahore, Islamabad, and Multan at Waste Expo 2017, in New Orleans, Louisiana. The expo is the largest annual recycling and waste management trade show in the United States, and runs ... Read More »

Uber launches its operation in Hyderabad city

Uber finally launches in Pakistan

Hyderabad becomes the newest city to join Uber’s growing global network Hyderabad has become the newest city to join Uber’s growing global network in Pakistan. Hyderabad is the second city in the province of Sindh to get Uber, and the fifth city in Pakistan. Currently, Uber is available in Pakistan’s 4 key cities; Karachi, Lahore and the twin cities of ... Read More »

Pakistan, China sign 40-year deal for Gwadar Port operations

Deep Sea Port at Gwadar

Chinese firm would carry out all development work 40-year The Government of Pakistan has signed an agreement to lease out Gwadar Port operations to Chinese company 40-year duration. Federal Minister for Ports and Shipping Mir Hasil Khan Bizenjo briefed the Senate members that Pakistan had signed a 40-year agreement with China for the operation of Gwadar port. During the ongoing senate ... Read More »

Community based Disaster Risk Management and School Safety Programmes launched in Balochistan

Community based Disaster Risk Management and School Safety Programmes launched in Balochistan

Programme will benefit 6,546 people including school children, teachers and 3,000 community members in two selected districts The Provincial Disaster Management Authority (PDMA), Balochistan in collaboration with the United Nations World Food Programme (WFP) and Focus Humanitarian Assistance (FOCUS) Pakistan launched two new programmes aimed at reducing the risks posed by natural disasters in Balochistan – Community Based Disaster Risk ... Read More »

Pakistan Stock Exchange Limited partners with PITB to promote startups

Pak Stock Ex and PITB

Pakistan Stock Exchange and Punjab Information Technology Board sign MoU to facilitate technological entrepreneurship Pakistan Stock Exchange and Punjab Information Technology Board have joined hands to encourage technological entrepreneurship and provide a nurturing ecosystem for the growth of technology startups in the country. During the ceremony PSX Managing Director Nadeem Naqvi and PITB Chairman Umar Saif signed a Memorandum of ... Read More »

PTCL partner with Iflix to offer video-on-demand service

PTCL partner with Iflix to offer video-on-demand service

Iflix to Offer Unlimited Access to PTCL’s Broadband & Smart TV Users Pakistan Telecommunication Company Limited (PTCL), Pakistan’s leading ICT services provider has announced collaboration with Iflix, the world’s leading Subscription Video-on-Demand (SVoD) service for emerging markets. Iflix, the world’s leading Subscription Video-on-Demand  (SVoD) service as a digital hosting and distribution platform for Western and Asian dramas. Iflix via their ... Read More »

Pakistan-Shanghai Cooperation Organization Business Council launched

Pakistan-Shanghai Cooperation Organization Business Council launched

SCO is an emerging regional alliance of countries to safeguard security and promote for peace, prosperity, and development Pakistan-Shanghai Cooperation Organization Business Council was launched in an impressive ceremony in Islamabad. The launching ceremony was attended by ambassadors of China, Russia, Tajikistan, Kyrgyz Republic, Uzbekistan, Tunisia, Nepal, Yemen and Portugal ambassadors for Pakistan. Representative Ambassadors of Permanent Member Countries of ... Read More »

Uber cut down 20% fares for Karachi, Lahore

Uber all set to launch in Pakistan

Uber with UberGO has diminish 20% rates from 6th April Uber has launched UberGo, a cheaper service for the people of Pakistan. UberGo offers 20% less travel fares within Karachi and Lahore. Uber eyes to get more customers and higher earning by dropping down their prices for the customer. Uber with their lower prices offer aims to increase customer demand ... Read More »

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