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Pakistan, US reach agreement to redevelop New York’s Roosevelt Hotel

Islamabad and Washington agree on partnership plan to renovate Manhattan landmark property owned by Pakistan’s national airline.

Chinese firm plans up to $1.34bn maritime industrial complex at Port Qasim

China’s Shandong Xinxu Group is considering a major investment in Pakistan’s Port Qasim to develop shipbuilding, recycling and steel production facilities under an integrated maritime project.

Saudi Arabia eyes investment in Pakistan’s M-10 motorway project

Pakistan and Saudi Arabia discussed potential Saudi investment in the M-10 motorway and wider transport cooperation during high-level talks in Istanbul.

Arif Habib consortium moves to acquire remaining stake in PIA

The Arif Habib-led consortium plans to purchase the government’s remaining shareholding in Pakistan International Airlines after already securing a majority stake.

China plans $800m investment in Port Qasim sea-to-steel industrial project

Pakistan says a Chinese company is preparing to invest about $800 million in an integrated maritime industrial complex at Port Qasim aimed at ship recycling, steel production and port infrastructure revival.

NEPRA Extends Fixed Charges to Domestic Consumers Using Up to 300 Units

Pakistan’s power regulator has approved fixed monthly charges for domestic electricity consumers using up to 300 units, expanding the levy to protected and non-protected categories.

Pakistan Replaces Net Metering With Net Billing, Cuts Solar Buyback Rates

Pakistan has shifted from net metering to net billing for rooftop solar users, reducing payments for excess electricity sold to the grid in a move aimed at easing pressure on power utilities.

Bangladesh explores wagons, coaches purchase from Pakistan Railways

Bangladesh has shown interest in acquiring freight wagons and passenger coaches from Pakistan Railways after official visits to railway manufacturing and maintenance facilities in Islamabad and Lahore.

Pakistan FX reserves rise $596.5m in January, central bank says

Pakistan’s foreign exchange reserves increased by $596.5 million in January, offering relief to the rupee and external accounts, according to data released by the State Bank.

Pakistan Uzbekistan push $2bn trade goal at Islamabad forum!

Pakistan and Uzbekistan urged their business communities in Islamabad to accelerate investment and partnerships, setting a five-year target to raise bilateral trade to $2 billion.

Pakistan clears $6bn in external payments, remaining dues to be paid on time: central bank

Pakistan has repaid $6 billion of its $10.5 billion external obligations this fiscal year, with the remaining payments expected to be cleared on schedule, the central bank governor said.

US approves $1.3bn financing for Pakistan’s Reko Diq mining project

The United States has approved $1.3 billion in financing for Pakistan’s Reko Diq project, backing critical minerals supply chains and strengthening bilateral economic cooperation.
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