FPCCI for setting up cottage industry parks

To fully exploit the benefit of China-Pak Economic Corridor (CPRC) project, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to establish cottage industry parks after every 300-kilometer. Chairman FPCCI Regional Standing Committee on Cottage Industry Muhammad Yaseen raised this demand while speaking at a meeting regarding the cottage industry’s problems […]

BMW Group recognized Dewan Motors for its achievement

BMW Group Middle East recently celebrated the successful completion of 2017 at the BMW Presidents Circle in Japan. Positive achievements of the eleven importers within the region were recognized at the presentation and Dewan Motors was attributed for the best performance in the luxury segment having the highest growth of 318 percent across the region. […]

$40bn European gas pipeline project inaugurated by Azerbaijan

Azerbaijan inaugurated part of an ambitious $40-billion pipeline complex that will create the first direct route to transport gas from one of the world’s largest fields to Europe bypassing Russia. “With this project we are creating a new energy map of Europe,” Azerbaijani President Ilham Aliyev said in a televised ceremony where he turned on […]

Undersea gas pipeline Project, Pak-Russia initiate feasibility study

Foreign office in early June revealed that Pakistan and Russia have finalized a memorandum of understanding (MoU) on conducting feasibility study for implementation of $10 billion undersea gas pipeline project. During weekly briefing, spokesperson Foreign Office Dr Mohammad Faisal said that the purpose of MoU is to assist in providing support for the realization of […]