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Tag Archives: Development

Pakistan and Turkey relationship enter into new phase

Pakistan, Turkey agree to strengthen further bilateral relation

Both the leaders agreed that the Kashmir issue should be resolved according to UN resolutions and called for enhancing trade, defence cooperation ISLAMABAD – Pakistan and Turkey have reaffirmed commitment to transform their long-lasting and brotherly relationship into a strong strategic partnership. Turkish President Recep Tayyip Erdogan and Pakistani President Mamnoon Hussain agreed on Wednesday to expand cooperation between the two brotherly ... Read More »

Pakistan ranks 154 out of 183 countries on Youth Development Index 2016

Pakistan ranks 154 out of 183 countries on Youth Development Index 2016

Pakistan’s poor performance in the areas of education, financial inclusion and political participation led to declining score on Youth Development Index 2016 Pakistan is among the worst countries for young people aged 15 to 29 to live in, according to the latest survey of Youth Development Index (YDI) 2016 compiled by Commonwealth Secretariat. At a dismal ranking of 154 among ... Read More »

Pakistan highlights women empowerment initiatives at OIC moot in Istanbul

Pakistan highlights women empowerment initiatives at OIC moot in Istanbul

Pakistan is committed to women empowerment as a key priority area across all sectors of planning and development ISTANBUL (Turkey) — Pakistani officials lauded the women empowerment initiatives at the Organisation of Islamic Cooperation (OIC) conference in Istanbul. Pakistan is committed to women empowerment as a key priority area across all sectors of planning and development, Senator Kamran Michael informed the participants.The Federal ... Read More »

China donates 500 vehicles, including 80 ambulances, to Pakistan

China donates 500 vehicles, including 80 ambulances, to Pakistan

China supports Pakistanis people and government by free assistance of vehicles and office equipment to support Pakistan and strengthen the capacity building of institutions ISLAMABAD – The Chinese government donated 505 modern vehicles, including 425 pickups and 80 ambulances, to Pakistan. The free assistance also includes office equipment. The handover ceremony was held in Islamabad and attended by Chinese Ambassador to Pakistan ... Read More »

CPEC will transform the region into global trade hub: Experts at Beijing Forum Islamabad

President Mamnoon Hussain addressing at Beijing Forum Islamabad 2016 at the National University of Sciences and Technology (NUST) in Islamabad on 24 May 2016

President Mamnoon Hussain says CPEC would prove to be a milestone in economic development of Pakistan ISLAMABAD – China-Pakistan Economic Corridor (CPEC) is a historic step forward under which the development of road, rail, sea and air infrastructure projects would transform the whole region into a hub of regional and global trade, remarked Pakistani President Mamnoon Hussain. He was addressing ... Read More »

Pakistan Microfinance Investment Company to support micro-enterprises

Pakistan Microfinance Investment Company to support micro-enterprises

PPAF, Karandaaz Pakistan and KfW Sign Agreement to set up Pakistan Microfinance Investment Company ISLAMABAD – A Shareholders’ Agreement was signed by Pakistan Poverty Alleviation Fund (PPAF), Karandaaz Pakistan (funded by UK’s Department for International Development) and Germany’s Kreditanstalt für Wiederaufbau (KfW) for the establishment of Pakistan Microfinance Investment Company (PMIC). The objective of the Company is to provide much-needed liquidity to microfinance ... Read More »

Exploring Wool Value Chain Development in Balochistan

Exploring Wool Value Chain Development in Balochistan

Wool value chain development will facilitate economic development and is an important step towards development of Pakistan: Siddique Mandokhel, Secretary Livestock ISLAMABAD – A consultation session was organized in Islamabad today to seek suggestions and recommendations for the best way forward in developing the wool sector in Balochistan. Food And Agriculture Organisation (FAO) in collaboration with the federal and Balochistan ... Read More »

Warner Bros to open theme park in Abu Dhabi in 2018

Warner Bros to open theme park in Abu Dhabi in 2018

Warner Bros. will open a theme park in Abu Dhabi in 2018.  The development will include a theme park and the world’s first Warner Bros branded hotel. The theme park, named Warner Bros World Abu Dhabi, will be situated alongside Ferrari World Abu Dhabi and Yas Waterworld. Construction is underway on the project, which is estimated to cost US$1 billion. ... Read More »

Pakistan’s Private Sector to benefit from $100 Million US investments

US Ambassador David Hale announced that the U.S. government, in partnership with the Abraaj Group, Indus Basin Holding, and JS Private Equity Management, has made available over $100 million to invest in Pakistan’s private sector

American Ambassador announces availability of over $100 Million for Pakistan’s Private Sector ISLAMABAD – U.S. government, in partnership with the Abraaj Group, Indus Basin Holding, and JS Private Equity Management, has made available over $100 million to invest in Pakistan’s private sector, through the Pakistan Private Investment Initiative, American Ambassador David Hale announced on Thursday. “Our hope is that, by improving access to ... Read More »

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