Trade

Pakistan Ramzan package

Doha, 6 March 2023 (GNP): Mansoor Ebrahim Al-Mahmoud, the Chief Executive Officer (CEO) of the Qatar Investment Authority (QIA), met with Prime Minister Shehbaz Sharif in Doha to discuss the status of numerous investment projects in a…

iPhone in India

UAE digital dirhams

Islamabad, 14 February 2023 (GNP): The China Study Centre, COMSATS University Islamabad, and Centre for BRI and China Studies – Institute of Peace and Diplomatic Studies, Pakistan, signed a memorandum of understanding (MoU) at Junaid Zaidi…

UAE new virtual work visas

Islamabad, 11 February 2023 (GNP): Irena Gancheva, the ambassador of Bulgaria to Pakistan, and Irfan Iqbal Shaikh, the president of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI), met in person. The officials spoke…

The likely state of Pakistan economy in the year 2023

The microchip industry has been growing at an exponential pace for several decades, playing a crucial role in the development of modern technology. From smartphones and laptops to cars and medical devices, microchips are the building blocks…

Riyadh, 27 January 2023 (GNP): According to the Saudi Press Agency (SPA), the Ministry of Industry of the Kingdom of Saudi Arabia and Hyundai Motors have agreed to develop a factory in the Kingdom for the final assembly of electric…

Delhi, 24 January 2023 (GNP): According to Amazon Inc., the company will launch its own air cargo fleet in India named 'Amazon Air' to expand and speed up deliveries across one of its key markets. After Canada and the United States,…

Islamabad, 21 January 2023 (GNP): After the end of the annual inter-governmental commission between Russia and Pakistan, it was agreed that Russia will export crude oil to Pakistan starting from March this year. The news was confirmed by…

Riyadh, 19 January 2023 (GNP): Crown Prince Mohammad Bin Salman, on January 17, ordered the authorities of Saudi Arabia to increase the country's investments in Pakistan by $10 billion, giving a major boost to Pakistan’s efforts to…

Chaghai, 17 January 2023 (GNP): The Canadian company Barrack Gold has announced the development of Reko Diq, which will begin in 2028. A ceremony was held at the office of Chief Minister’s secretariat on 15 January 2023, where Barrick Gold…

Baku, 8 January 2023 (GNP): Recently there was a meeting that took place between two important central Asian states Azerbaijan and Uzbekistan where both countries discussed the economic potential they have if they could collaborate by…

Karachi, 7 January 2023(GNP): Pakistan's government has decided to sell two LNG power plants to raise an estimated $1.5 billion. Previously these plants were to be privatized, however now, the government aims to sell state assets to Qatar…

Islamabad, 6 January 2023 (GNP): Millat Tractors, the biggest tractor producer in Pakistan has decided to cease its operations in the country from 6th January onwards, due to a cash flow crisis and low demand. The news comes after major…

Karachi, 30 December 2022 (GNP): KIA ltd. has announced to close its operations in Karachi permanently in an official post on its website, stating: "The only reason for the closure of Kia Motors Shahrah-e-Faisal showroom was the expiry of…

Islamabad, 29 December 2022 (GNP): According to sources, Rupee has fallen in value in comparison with the American dollar by 225 at the inter-bank market after two and a half months. There have been reports of people putting their savings…

Islamabad, 28 December 2022 (GNP):  One of Pakistan's largest textile manufacturers, Nishat Chunian Limited, has declared that it will temporarily halt operations due to the current political and economic unrest in the nation. Organizations…

Islamabad, 27th December 2022 (GNP): An abnormal rise in gold prices in Pakistan has been recorded and observed. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola started to rise this week on…

Washington, D.C., 14 December 2022 (GNP): Biden administration decides to put 30 Chinese technological companies on the trade blacklist. This sanction would hinder the Chinese companies from purchasing certain tools and components from…

Lahore, 8 December 2022 (GNP): Adam M. Tugio, the Indonesian Envoy, expressed his gratitude to the Punjab government and business community for their active support and collaboration in fostering bilateral economic relations between…

Beijing, 6 December 2022 (GNP/ TDI): Dr. Hassan Daud Butt, the former CEO of the Khyber Pakhtunkhwa Board of Investment & Trade (KP-BOIT) held a meeting with the Chinese General Manager of China Energy International Group (CGGC), Lv…

Lahore, 26 November 2022 (GNP): Today, the Global Business Alliance (GBA) delegation left Lahore for Azerbaijan. The group members have a wide range of commercial business expertise. From November 26 to December 3, 2022, the GBA will…