By NewzTodays Editorial Team | June 23, 2021

Islamabad: Jazz has secured a syndicated credit facility of Rs 50 billion from a banking consortium led by HBL. This 10-year loan will be used to fund the company’s ongoing 4G network rollouts and technological upgrades. In terms of quantity and tenor, this is the first of its kind facility granted to the telecom sector….

By NewzTodays Editorial Team | June 23, 2021

The Economic Coordination Committee (ECC) on Wednesday approved the Technical Supplementary Grant of Rs. 300 million for allocation from PSDP for the establishment of Joint Border Markets with Iran. The government will establish joint borders market at Mand District Kech, Gabd District Gwadar, and Chedgi, District Panjgur. It approved Rs. 100 million for each border…

By NewzTodays Editorial Team | June 23, 2021

Bilal Maqsood, a veteran musician, has directed a new digital music series titled ‘VELO Sound Station 2020′. Here are all details about Velo sound station songs or music you can listen to. Velo Music has gained popularity with the passage of time. The music series is available now on YouTube. VELO Sound Station 2020 contains…

By NewzTodays Editorial Team | June 22, 2021

Fauji Meat Limited has acquired a license from the Malaysian government for exports of meat, which is a significant step forward for Pakistan. This is a major step that Malaysia allows Fauji Meat Limited to export that will help Pakistan increase exports of meat at a time when it has been unable to witness a…

By NewzTodays Editorial Team | June 20, 2021

Aftab Ahmed The government has decided to set up a subsidiary company for the dredging and maintenance of Gwadar Port in Pakistan to avoid incurring heavy expenditure or hiring private companies for the purpose. Pakistan owns Gwadar Port that has strategic importance and located in Balochistan Province. China is its operator under China-Pak Economic Corridor…

By NewzTodays Editorial Team | June 18, 2021

Islamabad:  Niger had planned to establish a special economic zone (SEZ) to attract investment in the manufacturing sector of Pakistan. Federal Minister for Industries & Production Makhdum Khusro Bakhtyar welcomed and met with his counterpart Gado Sabo Muctar, Minister of Industries and Commerce this afternoon. Secretary Industries and Production, H.E Mr.Ahmed Ali Sirohry, Ambassador of…

By NewzTodays Editorial Team | June 18, 2021

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued guidelines to float green bonds in Pakistan. Pakistan has already launched the Green Euro bond in the international market to raise funds for Wapda hydropower projects. The objective of guidelines is to provide an easy and efficient procedure for issuance with a concise offer…

By NewzTodays Editorial Team | June 18, 2021

Moin Khan Commercial banks have approved loans amounting to Rs 30 billion for Prime Minister (PM) low cost housing Scheme. The government plans to give affordable units to 100,000 people in first phase under Prime Minister (PM) Housing scheme and banks are providing loan for this purpose. Governor SBP informed during a meeting. Prime Minister…

By NewzTodays Editorial Team | June 18, 2021

GIZ Pakistan and the Ministry of Energy (Power Division) have been signed A new implementation agreement, enabling the former to conduct the so-called Renewable Energy and Energy Efficiency (REEE II) project. It will provide technical support to the Ministry of Energy –(Power Division) and its associated Alternative Energy Development Board (AEDB). The project aims to…

By NewzTodays Editorial Team | June 17, 2021

Islamabad:  The Cabinet Committee on Energy (CCoE) on Thursday referred the offloading assets of decommissioned Power Plants to the cabinet body on Privatization. Cabinet body on energy directed to submit the matter relating to assets of decommissioned Power Plants may come to the Cabinet Committee on Privatization. Cabinet body on Privatization will decide the assets…