Gwadar Huafa Exhibition Center construction picks momentum
GWADAR: October 13, The main structure of the Gwadar Huafa Exhibition and Trading Center has been roofed, and construction is now fully underway. Chinese engineers and Pakistani laborers collaborated on this project. It is one of the large-scale development projects in the Gwadar Free Zone (phase I), which is located on the grounds of the […]
Pakistan’s foreign exchange reserves plunge sharply by $302 million, reaching their lowest level since July 2019
Islamabad: Pakistan’s foreign exchange reserves suffered further damage, falling by a staggering $302.9 million to $7.596 billion, the lowest level since July 2019. The State Bank of Pakistan reported on the condition of foreign exchange reserves each week, and as of October 7, the SBP holding reserves decreased to $7.59 billion from $7.89 billion on […]
Cainiao is officially acknowledged as the builder of Pakistan’s first intelligent express distribution facility
On October 14, it was claimed that the first Cainiao-built intelligent express distribution facility in Pakistan had just been delivered and inaugurated in Karachi. There is just a two-month construction window. The local e-commerce business Daraz owns the distribution facility, which will be one of the most cutting-edge logistical infrastructures in South Asia. The distribution […]
Pakistan will host an IMF mission in November
After the annual meetings in November, the International Monetary Fund (IMF) will dispatch a delegation to Pakistan to begin working with the government’s preparations for the upcoming review. Jihad Azour, the IMF’s director for the Middle East and Central Asia, made the announcement during a media event on Thursday evening. "We now have a larger […]