Engro, MBL, FBL sign Rs 4, 500 mn Islamic syndicated facility

KARACHI: Engro Enfrashare, a wholly owned subsidiary of Engro Corporation, has entered an Islamic syndicate arrangement amounting to Rs 4, 500 million; led by Meezan Bank and Faysal Bank. The agreement was signed here at Engro Corporation’s Headquarters in the presence of President and CEO of Engro Corporation, Ghias Khan, EC’s Chief Financial Officer, Mazhar […]

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German delegation visits KCCI to see trade, investment opportunities in Karachi

KARACHI: Nineteen members delegation from German-Emirati Chamber of Commerce and Industry, on Tuesday visited Karachi Chamber of Commerce and Industry to hold business-to-business meetings, and assess the overall business and investment opportunities in the city, which is an international economic hub. Chairman Businessmen Group in KCCI and former president of the chamber, M. Zubair Motiwala […]

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President asks universities to raise education standards, increase student enrollment

ISLAMABAD: President Dr Arif Alvi Tuesday underlined the need for improvement in education standards in universities and increase in enrollment of students. He was speaking during a briefing about the Capital University of Science and Technology (CUST) here. The President said universities should ensure implementation of policy on anti narcotics and welfare of special persons. […]

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Eight development projects approved for city

ISLAMABAD: The Development Working Party (DWP) of Capital Development Authority (CDA) on Tuesday approved eight projects for construction and development of the city. The 53rd meeting of CDWP held at the CDA Secretariat under chairmanship of CDA Chairman, Amir Ali Ahmed in which PC-I and PC-II of eight development projects were approved. According to details, […]

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Senate body for approving energy, petroleum goods tariff by parliament

ISLAMABAD: Senate Standing Committee on Cabinet Secretariat Tuesday proposed that tariff of energy and petroleum goods should be approved by the parliament. The committee met here under the chairmanship of Senator Rana Maqbool Ahmad here at Parliament House. At the outset of the meeting NEPRA chairman briefed committee members regarding inclusion of hydropower in renewable […]

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