Business - The Pakistan Times

Signing/Exchange Ceremony of Memorandums of Understanding and Agreements between Turkey and Pakistan

13Feb

By The Pakistan TimesNo Comments

Business, Latest, PAKISTAN NEWS

Signing/Exchange Ceremony of Memorandums of Understanding and Agreements between Turkey and Pakistan

13 February 2025, Islamabad (Kamran Raja): The President of Turkey His Excellency Recep Tayyip Erdoğan and the Prime Minister of Pakistan Muhammad Shahbaz Sharif attended, and 24 MOUs were signed. 1: Joint Declaration to the Seventh Session of the Turkey-Pakistan High-Level Strategic Cooperation Council 2: Declaration of Memorandum of Understanding between Export Credit Bank of Turkey and Export-Import Bank of Pakistan 3: Memorandum of Understanding between the Central Bank of Turkey and the State Bank of Pakistan in the field of technical cooperation 4: Joint Ministerial Statement regarding the Agreement to Enhance Trade in Goods 5: Memorandum of Understanding regarding Cooperation in Industrial Property 6: Memorandum of Understanding regarding Digitization of Verifi...

Saudi Fund for Development (SFD) delegation calls on the Prime Minister

3Feb

By The Pakistan TimesNo Comments

Business

Saudi Fund for Development (SFD) delegation calls on the Prime Minister

Islamabad : 3 February, 2025 (Kamran Raja): A delegation of Saudi Fund for Development (SFD), led by Mr. Sultan Bin Abdul Rehman Al Marshad, Chief Executive Officer (CEO) called on Prime Minister Muhammad Shahbaz Sharif here today. The Prime Minister welcomed the delegation and appreciated the long-standing friendship between the Kingdom of Saudi Arabia and Pakistan and the efforts of SFD for providing financing to Pakistan in the fields of Health, Energy, Infrastructure and Education as well the for the reconstruction after the 2022 floods. The CEO, SFD thanked the Prime Minister and Government of Pakistan for the warm welcome and hospitality extended to the Saudi delegation. The CEO, SFD shared updates with the Prime Minister about the ongoing projects including Mohmand Multi-p...

PM’s aide Romina Khurshid emphasizes support for vulnerable communities in climate initiatives at global stage in Baku

7Nov

By The Pakistan TimesNo Comments

Business

PM’s aide Romina Khurshid emphasizes support for vulnerable communities in climate initiatives at global stage in Baku

07 Nov 2024, Islamabad: Coordinator to the Prime Minister on Climate Change, Romina Khurshid Alam reaffirmed Pakistan’s dedication to advocating for climate finance, technology transfer, and capacity building for vulnerable communities during her remarks at the concluding plenary of the four-day conference organized by the Sustainable Development Policy Institute (SDPI). The event, which focused on the country’s climate resilience strategies, served as a key platform for discussing Pakistan’s priorities ahead of the 29th Conference of the Parties (COP29) in Baku, Azerbaijan. Speaking at the SDPI conference on Thursday, Ms. Alam highlighted the urgent need for equitable climate finance, especially for developing countries like Pakistan that are bearing the brunt of severe climate impacts...

HRCP calls for urgent action on Kurram crisis

7Nov

By The Pakistan TimesNo Comments

Business

HRCP calls for urgent action on Kurram crisis

Islamabad, 7 November 2024. The Human Rights Commission of Pakistan (HRCP) calls urgent attention to the situation in Kurram district, Khyber Pakhtunkhwa, where prolonged tribal and sectarian conflict have led to scores of casualties and left hundreds injured. The alarming frequency of clashes between rival tribes and sects has effectively isolated the district from the rest of the province as a result of road blockades put in place to contain the situation, compounded by suspension of cellular services. Regrettably, such measures have failed consistently to bring any relief and have instead periodically cut off residents’ access to food, fuel and medical supplies. Schools have also had to close intermittently, while in several cases, the blockades have led to the deaths of sick childre...

Pakistan home to over 13,032 glaciers, new study reveals

7Nov

By The Pakistan TimesNo Comments

Business

Pakistan home to over 13,032 glaciers, new study reveals

November 7, 2024- Coordinator to Prime Minister on Climate Change, Romina Khurshid Alam has said Pakistan is focusing on environmental conservation, climate and glaciological research, protected areas management, ecotourism, and the socio-economic development of mountain communities. Addressing a press conference jointly organized by Ministry of Climate Change and EvK2CNR on the occasion of launching “The new inventory of 13,032 glaciers in Pakistan: the “glaciers and students” project”, the PM’s aide lauded the role of the Italian government and the support to Pakistan and particularly in Gilgit-Baltistan and added: the contribution of EvK2CNR and UNDP in carrying out comprehensive studies develop the new glaciers inventory of Pakistan that has revealed the new remarkable number of 130...

Govt to setup 10,000 EV charging stations by 2030: Rana Tanveer Hussain

6Nov

By The Pakistan TimesNo Comments

Business

Govt to setup 10,000 EV charging stations by 2030: Rana Tanveer Hussain

06 Nov 2024, Islamabad: Govt to setup 10,000 EV charging stations by 2030: Rana Tanveer Hussain, Minister for Industries and Production on Wenesday unveiled the government plan to transform transportation landscape by setting up 10,000 electric vehicle (EV) charging stations by 2030. Addressing an "exhibition of electric bike models" organized by the Engineering Development Board (EDB), he emphasized the government’s commitment to reducing fuel dependency, cutting carbon emissions, and promoting cleaner, sustainable transportation. With growing private sector interest and government-backed incentives, this push toward electric mobility is poised to significantly benefit both the economy and the environment. The ministers said around 31 companies have expressed interest in investing ...

Pakistan, Azerbaijan pledge climate resilience

6Nov

By The Pakistan TimesNo Comments

Business

Pakistan, Azerbaijan pledge climate resilience

06 Nov 2024, Islamabad: The Ambassador of Azerbaijan to Pakistan, H.E. Khazar Farhadov called on Coordinator to the Prime Minister on Climate Change, Romina Khurshid Alam at her office here on Wednesday. The meeting focused on preparations for the upcoming COP29 summit and emphasized the importance of collaborative efforts for effective climate action. During the meeting, Ms. Alam outlined Pakistan's ongoing efforts in preparing for COP29, highlighting the importance of building international consensus on key climate issues and enhancing the country's climate action plans. She stressed that Pakistan’s participation in COP29 would be aimed at ensuring its national interests are represented and strengthening its position within the global climate discourse. Pakistan's preparations for ...

Minister of Investment, Kingdom of Saudi Arabia met with General Syed Asim Munir COAS

10Oct

By The Pakistan TimesNo Comments

Business

Minister of Investment, Kingdom of Saudi Arabia met with General Syed Asim Munir COAS

His Excellency Khalid Bin Abdulaziz Al Falih, Minister of Investment, Kingdom of Saudi Arabia, accompanied by a high-level government cum business delegation, met with General Syed Asim Munir, NI(M), Chief of Army Staff (COAS), at Rawalpindi. The meeting focused on matters of mutual interest, particularly initiatives to strengthen evergrowing brotherly bilateral cooperation in a variety of sectors. The COAS expressed his profound appreciation and gratitude for unflinching support for Pakistan from His Majesty King Salman bin Abdulaziz Al Saud and His Royal Highness the Crown Prince Muhammad bin Salman. Manifestation of one of the largest business delegation’s visit to Pakistan reaffirms the enduring and fraternal ties between Pakistan and Kingdom of Saudi Arabia. He underscored...

Chinese PR Amb Zhang Jun pays a farewell call on Ambassador Munir Akram

16Mar

By The Pakistan TimesNo Comments

Business

Chinese PR Amb Zhang Jun pays a farewell call on Ambassador Munir Akram

March 16, 2024, New York: H.E. Ambassador Zhang Jun, the permanent representative of the People’s Republic of China, paid a courtesy call on Ambassador Munir Akram at the Pakistan Mission in New York. Both the PRs discussed the bilateral relations between the two countries and expressed their satisfaction on the current level of engagement at the UN. Both the senior envoys vowed to keep playing their role in further strengthening the bilateral cooperation. Speaking on the occasion, Ambassador Akram appreciated Ambassador Zhang Jun for his leadership and splendid services in strengthening the relationship between Pakistan and China. He said he worked very closely with his Chinese counterpart on a range of bilateral and multilateral issues during his term in office. Ambassador Akram ex...

Ambassador Munir Akram calls on the UN Secretary General

8Mar

By The Pakistan TimesNo Comments

Business

Ambassador Munir Akram calls on the UN Secretary General

March 8, 2024, New York: Ambassador Munir Akram, permanent representative of Pakistan to the United Nations, called on UN Secretary General H.E. Antonio Guterres at the United Nations headquarters today. They discussed the preparations for the forthcoming Summit of the Future in the meeting and hoped that the Summit outcome would help in responding to the priority needs of the developing countries.Speaking on the occasion, the Pakistani envoy commended the UN Secretary General’s commitment to the sustainable development goals (SGDs) agenda and said that latter’s leadership would be pivotal in shaping win-win outcomes. Ambassador Akram also handed over a booklet to the UN Secretary General on the occasion that featured the contribution of Pakistani female peacekeeper...