pakistan

Orascom unlikely to take part in Pakistan mergers

20 Nov 2009 01:35:18 GMT

* Sees need for consolidation in Pakistan and Bangladesh * Says unlikely to take part in Pakistan mergers BARCELONA, Nov 19 - Egyptian operator Orascom Telecom's chairman, Naguib Sawiris, said he saw need for consolidation...

Pakistan expected to start sugar imports by Dec

19 Nov 2009 09:01:16 GMT

ISLAMABAD, Nov 19 - Pakistan is likely to start importing 500,000 tonnes of white crystal sugar by December to meet domestic needs and maintain strategic reserves, a top government official said on Thursday. The state-run...

Pakistan government may not rescue Pakistan Steel

23 Oct 2009 09:41:16 GMT

Oct. 23 MetalBiz--It is reported on October 21 that Soomro, secretary of Pakistan Industry and Production Department recently stated when inspecting Pakistan that Pakistan...

Pakistan Steel's expanding plan to suffer laying-aside

20 Oct 2009 02:43:33 GMT

Oct. 19 MetalBiz--It is reported on October 15 that due to the influence of financial crisis, Pakistan Steel Co., Ltd.'s plan is forced to lay aside. The report said that in June this year...

Suntech Power signs MOU with Pakistan

19 Oct 2009 07:50:49 GMT

Suntech Power Holdings Co Ltd, which is the largest Chinese solar-cell maker by market value and is based in Wuxi, Jiangsu Province, has signed a memorandum of understanding with Pakistan鈥檚 Alternative Energy Development Board to provide a series of solar energy services, sources reported....

Pakistan, US officials to hammer out energy ideas

19 Oct 2009 01:12:30 GMT

* U.S. sees Pakistan's electricity sector as priority * Investors wary of risks * Hike in electricity tariffs a key issue WASHINGTON, Oct 16 - Senior U.S. officials travel to Pakistan next week to hammer...

UPDATE 2-Without fanfare, Obama signs Pakistan aid bill

16 Oct 2009 01:12:31 GMT

* U.S. sought to allay Pakistani concerns * White House calls bill a sign of strong U.S. support * U.S. needs Pakistan help against al Qaeda (Updates with background, context) WASHINGTON, Oct 15 - U.S....

FACTBOX-Key elements of new U.S. aid to Pakistan

16 Oct 2009 01:08:36 GMT

Oct 15 - U.S. President Barack Obama signed a law on Thursday to triple nonmilitary aid to Pakistan to about $1.5 billion a year for the next five years as part of a plan to...

UPDATE 1-Obama to sign Pakistan aid bill

16 Oct 2009 01:07:51 GMT

WASHINGTON, Oct 15 - President Barack Obama signed legislation on Thursday that triples non-military aid to Pakistan to about $7.5 billion over the next five years, the White House said. Obama signed the bill, which...

Pakistan drops 35 pct duty on wheat product exports

16 Sep 2009 04:16:41 GMT

ISLAMABAD, Sept 16 - Pakistan has removed a 35 percent regulatory duty on the export of wheat products because of a bumper crop this year, and will also export some surplus wheat, the government said....

Pakistan foreign investment falls 36 pct in July-Aug

15 Sep 2009 09:40:48 GMT

(For full coverage of Pakistan, click on [ID:nAFPAK] KARACHI, Sept 15 - Net foreign investment in Pakistan fell 36.2 percent to $412.2 million in the first two months of the 2009/10 fiscal year, beginning July...

Pakistan cement companies fined for forming cartel

2 Sep 2009 06:57:11 GMT

KARACHI, Sept 2 - Competition authorities in Pakistan have slapped a fine of about $77 million on 20 cement companies found guilty of operating as a cartel and raising prices under mutual agreement, official documents...

Saudi in talks to lease Pakistan farmland

2 Sep 2009 05:45:15 GMT

Saudi Arabia is in talks with Pakistan to lease an area of farmland nearly twice the size of Hong Kong in a bid to ensure food security, an official from Pakistan's ministry of agriculture said on Tuesday.

French envoy Ripert to work for UN on Pakistan aid

25 Aug 2009 00:23:03 GMT

UNITED NATIONS, Aug 24 - The United Nations on Monday appointed France's U.N. Ambassador, Jean-Maurice Ripert, to the new post of special envoy for assistance to Pakistan, where he will coordinate aid efforts amid a...

Pakistan receives $1.2 bln from IMF

12 Aug 2009 04:18:21 GMT

KARACHI, Aug 12 - Pakistan has received $1.2 billion from the International Monetary Fund (IMF), the third tranche of an emergency loan facility agreed last year, the central bank said on Wednesday. "We have received...

RAK Free Zone backs Pakistan IT show

6 Aug 2009 03:25:08 GMT

Ras Al Khaimah Free Trade Zone has signed up as a silver sponsor of the 9th ITCNAsia, the biggest IT and telecom show in Pakistan.

G8 backs Pakistan on terror,urges clean Afghan vote

9 Jul 2009 01:05:49 GMT

L'AQUILA, Italy, July 8 - G8 leaders expressed solidarity with Pakistan in its fight against the Taliban and called on Afghanistan to ensure credible and safe elections reflecting the people's will. The Group of Eight...

China Mobile invests another US$500 mln in Pakistan

1 Jul 2009 02:04:15 GMT

China Mobile Ltd<0941>, the country's largest telecom operator, plans to invest an additional US$500 million in Pakistan in 2009 to expand its local unit's mobile network capacity for its mobile brand Zong, a Pakistani newspaper reported.CM Pak Ltd, China Mobile's wholly-owned subsidiary in Pakistan, is...

UPDATE 1-EU offers Pakistan aid but no trade breaks

18 Jun 2009 01:51:42 GMT

* EU to aid people displaced by fighting with militants * Pakistan says needs trade concessions not aid * Concern mounting about security in nuclear-armed Pakistan BRUSSELS, June 17 - The European Union pledged aid...

ANALYSIS-India casts wary eye on China's role in Pakistan

1 Jun 2009 08:51:59 GMT

* U.S. focus on Pakistan, China seen unnerving India * China, not Pakistan, seen as main threat to India * Washington seeking Beijing's help on Pakistan LONDON, June 1 - Washington's focus on Pakistan and...

Pakistan cabinet veto to impose temporary regulatory tax on import steel

24 May 2009 05:45:26 GMT

May 22 MetalBiz--It is reported that Pakistan cabinet ECC disagrees to impose 15% import regulatory tax on cold-rolled coil, HRC and galvanized steel plate and so on...

UPDATE 1-U.S. says aid won't go to Pakistan nuclear program

21 May 2009 02:19:48 GMT

WASHINGTON, May 20 - The Obama administration is confident that Pakistan will not use a planned sharp increase in U.S. aid to strengthen its nuclear arsenal, U.S. Secretary of State Hillary Clinton said on Wednesday....

Pakistan aid crisis seen lasting all this year-US

21 May 2009 02:05:18 GMT

WASHINGTON, May 20 - Pakistan will likely have to cope with some 1.5 million people forced from their homes by fighting between troops and militants until the end of the year, a U.S. military official...

WRAPUP 1-India, Pakistan closer to export wheat after years

19 May 2009 01:12:59 GMT

* India to shortly allow 2 mln T wheat, product exports * Pakistan likely to allow wheat product export on Tuesday * India to export wheat after 6 years, Pakistan 2 years NEW DELHI/SINGAPORE, May...

Pakistan opens railways industry to private sector

7 May 2009 06:05:27 GMT

KARACHI, May 7 - Pakistan invited expressions of interest on Thursday from companies for running private train operations, as it seeks to open up the railway industry which has been a state monopoly. The Ministry...

Pakistan plan to impose 10-15% tax on imported steel products

6 May 2009 09:41:43 GMT

May 6 MetalBiz--It is reported that MOIP of Pakistan recently reveals to media that the government plans to impose 10-15% tax on three types of imported steel product...

INTERVIEW-UAE's EIG plans bank and farm expansion in Pakistan

30 Apr 2009 01:18:17 GMT

* EIG plans to double Pakistan network by yr-end * Sees 100 branches in 45 cities * Says committed to Pakistan despite security risks KARACHI, April 29 - Sharjah-based investment firm Emirates Investment Group plans...

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