DHA Multan and Hashoo Group Joint Development Projects Islamabad, Sep 12: The real estate division of the Hashoo Group, Pearl Real Estate Holdings Pvt. Ltd. (PREH), is happy to announce significant joint development projects with D.H.A. Multan that will revolutionize the commercial and residential development of the area. This strategic alliance ushers in a new age of progress and opportunity for Multan by combining the resources and experience of both parties to create world-class real estate projects. Senior leadership teams from both organizations, as well as the management of DHA Multan and Mr. Murtaza Hashwani, Deputy Chairman & CEO of…
Author: Iqra Khan
Islamabad, Sep 12: The Punjab Central Business District Development Authority (PCBDDA) had an official visit from a high-level team from the Scotland Chamber of Commerce and Robert Gordon University, which was led by Dr. Jeanette Forbes, OBE, Scotland’s Trade Ambassador to Pakistan. Highlighting the growing interest of international institutions in CBD Punjab’s projects was the delegation, which included Professor Lynn Kilbride, Vice Principal Robert Gordon University Scotland, Dr. Elliot Pirie, Associate Dean for Academic Development and Student Engagement, Director FPCCI Pakistan-UK Business Council Arslan Ijaz Anwer, and Project Manager Taar Consulting Sana Mehwish. Imran Amin, the CEO of CBD Punjab,…
Islamabad, Sep 12: The State Bank of Pakistan’s decision to lower the policy rate by 2% has been hailed by Prime Minister Shehbaz Sharif as a beneficial move for the economy of the nation. He expressed hope that more money will be invested in Pakistan as a result of the interest rate reduction and increased investor confidence. “The policy rate cut is a positive step for our economy. It will boost investor confidence and encourage further investment,” Sharif stated. This adjustment has been made possible by the recent reduction in inflation, and he anticipates that it will continue to decline…
Islamabad, Sep 12: State Bank of Pakistan (SBP), foreign investment in Pakistan’s domestic bonds suffered a steep fall during the first 23 days of August, with investors withdrawing $103.5 million from treasury bills. Market analysts blame the nation’s continued political unrest and the hold-up in reaching an agreement with the International Monetary Fund (IMF) for this outflow. The State Bank is scheduled to make its monetary policy announcement this Thursday, which means that a rate cut will further reduce the allure of Treasury bills for overseas investors. According to SBP data, foreign inflows into domestic bonds totaled $316 million between…
Islamabad, Sep 12: Pakistan is currently dealing with the largest climatic disaster, and if we do not take immediate action, it will only get worse. Increasingly frequent and severe heat waves, destructive floods, and dwindling groundwater supplies all necessitate strengthening Pakistan’s resistance to the effects of climate change. It’s time to update our development paradigms and deal with these issues, which seriously jeopardize local economies, ecosystems, and communities. Romina Khurshid Alam, the Prime Minister’s Coordinator for Climate Change and Environmental Coordination, made this claim on Thursday at a media briefing about the Recharge Pakistan initiative held at the PTV Headquarters…
Islamabad, Sep 12: Emirates is sponsoring the flights of two exceptional young golf prodigies from Karachi, Syed Daniah and Syed Abiha, to the United States so they can continue their education at Blinn College-Brenham Campus in Brenham, Texas. Emirates is demonstrating its commitment to positively impacting the communities it serves by giving bright youngsters from varied backgrounds the opportunity to reach their full potential and follow their academic and sports aspirations by sponsoring flights from Karachi to Houston. Through enabling Daniah and Abiha to pursue higher education while participating at the top collegiate golf competitions, Emirates is further demonstrating its…
Islamabad, Sep 12: The Punjab government has decided 40% Increase in Financial Aid for Martyrs in response to growing inflation, which will make it easier for them to find accommodation. During a recent cabinet meeting, Punjab Chief Minister Maryam Nawaz approved the plan. According to Punjab Police sources, these families are no longer receiving enough financial support because of the skyrocketing expenditures. The families of policemen martyrs receive a 5-marla home worth Rs. 13.5 million. A 7-marla house worth Rs. 17.5 million is given to the families of assistant sub-inspectors (ASI) and sub-inspectors, while a 10-marla house worth Rs. 25…
Islamabad, Sep 12: At the end of the All China Leather Exhibition in Shanghai, the Pakistan Tanners Association (PTA) and the China Leather Industry Association (CLIA) inked a memorandum of cooperation, marking a new chapter in high-level Sino-Pak leather industry partnership. CLIA has never before inked a contract with its colleagues in Pakistan. According to China Economic Net, the two parties will deepen their relationship, exchange trade delegations, promote enterprise cooperation, and take part in leather industry expos. Being Pakistan’s largest source of foreign exchange earnings, the leather sector is vital to the nation’s economy. It is often acknowledged that…
Islamabad, Sep 12: House Building Finance Corporation (HBFC), the real estate market maintained a mixed trend as the commercial capital saw moderate growth in values, but major cities like Islamabad, Rawalpindi, and Lahore recorded a downward trend due to the slowdown in economic activities and the imposition of new taxes on properties. Small Properties (3 Marla to 7 Marla or 75 Square Yards to 175 Square Yards), Medium Properties (10 Marla to 15 Marla or 250 Square Yards to 375 Square Yards), and Large Properties (1 Kanal to 2 Kanal or 1000 Square Yard to 2000 Square Yard) are the…
Islamabad, Sep 12: Rawalpindi to Murree Scenic Railway by assembling a working group from eighteen departments to get ready for a new glass train project, the Punjab government has made progress. The first phase of this train’s operation, Project Concept One (PC-1), will commence with the running of this train between Rawalpindi and Bhurban in Murree. This committee, which also includes the commissioner of Rawalpindi, the deputy commissioners of Rawalpindi and Murree, and several other department heads, will be led by the transport minister of Punjab. This 65-kilometer train route would begin in Saddar, Rawalpindi, and pass through beautiful locations…
