Following the government's push for the construction sector, Pakistan is to see its third REIT this year as the country's leading IoT company TPL Trakker Limited to list REIT in Pakistan, overseas within three years. Plans to raise $500 million from private investments, from domestic, international sources.
Emirati officials have also made a series of visits to rival countries, including Qatar, after ties between the two Gulf nations were severed for more than three years.
A consortium of Pakistani oil exploration companies led by Pakistan Petroleum gets green signal to explore offshore UAE block and invest $305 million in UAE Oil. This is the first time that Pakistani companies have invested in UAE oil, and this would help unlock additional energy supply to Pakistan.
China shares a border with Afghanistan in its Northwest Xinjiang region, terrorist groups that once gathered in Afghanistan, including the East Turkistan Islamic Movement (ETIM), posed threats to China’s national security.
The UNSC meeting prevailed under the Indian presidency had formulated a resolution on Afghanistan, demanding the Taliban to abide by its pledges, but China and Russia abstained seeing the loopholes within it. Once more, this debacle strengthens the China-Russian cooperation in the region, showing their likemindedness and resolve on Afghanistan.
The transition presents an enormous test for the Islamists in a desperately poor, diplomatically isolated country where deep-seated political and social problems have been compounded by more than four decades of war.
Aqeel Karim Dhedhi, Pakistan's foremost stock market doyen and top Karachi business tycoon, speaks frankly to support the PTI government's achievements in the past three years. They [PTI government] gave the injured patient the medicine it needed to recover, and he postulates the economy is now going to move from strength to strength. He does not remember how long it has been since he has invested outside the country and says he is fully invested in Pakistan with all his heart, mind, and soul!