‘Organic Meat Company secures $4mn export contract to UAE firm’

Pakistani meat processor The Organic Meat Company Limited (TOMCL) has secured another multi-million dollar contract valued at $4 million to export frozen boneless beef to the United Arab Emirates (UAE).

TOMCL

Special Investment Facilitation Council (SIFC) has achieved another major milestone in the energy sector. Mari Petroleum Company Limited (MPCL) has completed testing and drilling of third well in Ghazi area.

The well will be put into production as planned after completion of

‘Dairy exports to China on the cards’

Punjab Livestock Secretary Masaud Anwar has announced that Pakistan will soon start exporting dairy products to China through a state-of-the-art farm developed in Sheikhupura.

Speaking at the Pakistan Agricultural Coalition’s

Pakistan is returning. Property market shows slight signs of recovery. pSX returned 70% . Euro Bond a 100%. Hopefully in 2 years inflation will also return single digit. Do not take your money out of Pakistan

The Executive Board of the International Monetary Fund (IMF) will meet on April 29 to discuss the approval of $1.1-billion funding for Pakistan, the lender said on Wednesday.

The funding is the second and last tranche of a $3-billion Stand-By Arrangement (SBA) with the IMF,

During Pakistan-Saudi Arabia Investment Conference, both countries explored multilateral investment opportunities and expressed interest in areas of mutual interest including Agriculture, Livestock, Information Technology, Telecommunications, Minerals, Energy, Tourism and Human

#Breaking

Bulls returned to the trading floor at the Pakistan Stock Exchange (PSX) as shares climbed more than 700 points to breach the key 72,000 level for the first time.

The benchmark KSE-100 index gained 827.36 points, reaching 72,186 points, marking another record high at

PEconomist Kudos to SIFC for spearheading initiatives that are driving remarkable growth in Pakistan's IT sector and enhancing airport services through strategic outsourcing. These efforts not only boost economic growth but also position Pakistan as a competitive player on the global stage.

‘IT exports surge to $306m in March’

Pakistan recorded the highest-ever monthly IT exports of $306 million in March, posting a 37% rise over the corresponding month last year.
The official data showed that the IT exports grew 19pc over the preceding month.

The previous highest

Special Investment Facilitation Council (SIFC) has been instrumental in driving various initiatives aimed at propelling the nation's economic growth. Here are some noteworthy developments regarding SIFC-related projects:

• Advancing IT Sector through SIFC Initiatives:

‘SIFC Initiates Transformation of Thandiani and Gunol into Tourism Hubs’

The Special Investment Facilitation Council (SIFC) has unveiled ambitious plans to revitalize Thandiani and Gunol, turning them into bustling tourism destinations in Khyber Pakhtunkhwa (KP), Pakistan. These

‘Pakistan, Iran sign 8 agreements, MoUs’

In a historic visit, Iranian President Raisi announced to increase the volume of bilateral trade to $10 billion in the next five years.

Pakistan and Iran have signed eight agreements and MoUs for cooperation in diverse fields.

The

PEconomist Pakistan takes a giant leap towards transparency and economic growth! The track and trace system is a game-changer in combating smuggling and tax evasion, and SIFC's support is a testament to the government's dedication to creating a fair and attractive investment environment.

Pakistan’s current account posted a surplus of $619 million in March 2024, a massive jump compared to the revised surplus of $98 million in the previous month, marking the highest monthly surplus after 9 years.

In the first nine months of FY24, Pakistan witnessed a current

Finance Minister Muhammad Aurangzeb met Pakistan Business Council UAE, stressing collaboration with industry leaders, government agencies, and financial institutions to facilitate trade and investment inflows into Pakistan. (1/3)

The government has implemented a track and trace system as part of its efforts to combat smuggling and tax evasion. Initially focusing on sectors like cement and clay, the initiative intends to expand its coverage to other critical industries such as tobacco, fertilizer, and

#BigBreaking

‘PSX hits a historic high’

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index traded at a record high of 71,515 points, up 0.8%, after earlier breaching the key 71,000 level.

This remarkable achievement reflects investors’ confidence in the country’s

PEconomist Great to see SIFC prioritizing agriculture and using modern techniques for its development. This will surely enhance food security and create jobs. #PakistanZindabad #SIFC

‘SIFC taking tangible steps to promote agriculture in country’

Agriculture is the top priority sector of Special Investment Facilitation Council of Pakistan.

The agriculture sector showed a growth of 5.0% during the third quarter over last year due to improvement in the policy

Finance Minister Muhammad Aurangzeb met S&P Global and Fitch Ratings representatives, sharing positive country indicators under IMF's SBA. Emphasized ongoing reforms in taxation, energy, and privatization across short, medium, and long-term horizons. (1/3)