NPHS initiated in Islamabad
Naya Pakistan Housing Scheme (NPHS) has been inaugurated in Islamabad. Prime Minister Imran Khan laid the foundation of NPHS in Zone 4 Islamabad. He made a speech at the inaugural ceremony and described some features of this low cost housing program for the low-income people of Islamabad. It is being said that NPHS is a […]
Pakistan to pay $6Bn fine in Reko Diq Case
The International Centre for Settlement of Investment Disputes (ICSID), one of the five organisations of the World Bank Group, has announced a 700-page ruling against Pakistan in the Reko Diq case. The ICSID awarded a $4.08bn penalty and $1.87bn in interest. The management of the Tethyan Copper Company (TCC) had claimed $11.43bn in damages. The […]
COMSATS initiates project on Artificial intelligence worth Rs. 1 Billion
Comsats University Islamabad (CUI) has initiated a project on artificial intelligence along with 6 major universities of Pakistan. The project is focused on providing the students with the best and modern higher education.
Chinese businessmen to invest $1bn in Pakistan
A 50-member Chinese investment delegation visited Pakistan in early July and expressed desire to invest around $1 billion in initial phase in various sectors including automotives, textiles, agriculture related industries and IT and telecom industries. As the projects reach completion this investment can increase to $5 billion. The delegation was briefed about different possibilities of […]