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Business

Saudi Arabia Likely to Invest $1 Billion in Reko Diq

The Kingdom of Saudi Arabia will likely invest up to $1 billion in the Reko Diq gold and copper mine, high-level sources told ProPakistani.

Finance Ministry sources said that as part of the deal, Saudi Arabia will buy shares of Oil and Gas Developme…

IHC Upholds President, FTO’s Decision in Radiation Machine Case

The Islamabad High Court (IHC) has upheld the President’s and Federal Tax Ombudsman’s decision directing the Lahore Customs collector to get a radiation machine meant for cancer patients’ treatment released within, which had been lying with Gerry’s D…

Pakistan to Get Costly $500 Million Loan From ADB

The federal government has decided to get a $500 million loan from the Asian Development Bank (ADB).

The Central Development Working Party (CDWP) has approved the concept proposal for this loan under the Promoting Sustainable Public-Private Partners…

FPCCI President Urges CDA to Withdraw Increase in Property Taxes

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh has said that the increase in property taxes up to 400 percent in the federal capital is cruel and should be withdrawn immediately.

He said the priority of …

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