Ismail Dilawar

KARACHI: A Pakistani investment firm on Wednesday announced the launch of what it described as the country’s first Shariah-compliant real estate investment trust (REIT) focused on the hospitality sector. A REIT is a regulated investment vehicle that pools capital from investors to finance income-generating real estate, offering returns through rent or capital gains. It provides exposure to the property market without direct ownership of assets.

https://arab.news/mvtss KARACHI: A Pakistani investment firm on Wednesday announced the launch of what it described as the country's first

KARACHI: A Pakistani olive oil firm is eyeing the US, Gulf and Japanese markets for exports as world leaders Italy and Spain see a decline in production, creating space for new entrants, the chief executive officer of the company said in an interview this week. Khaity Technologies (Pvt.) Ltd., is a top AI-powered agriculture app that owns Loralai Olives (LO), named after an olive-producing district in Pakistan’s southwestern Balochistan province.

https://arab.news/4jc32 KARACHI: A Pakistani olive oil firm is eyeing the US, Gulf and Japanese markets for exports as world leaders Italy

KARACHI: Pakistan will continue fiscal consolidation, focus on IMF guidelines and bring untaxed and low tax areas into the tax net as it announces its federal budget for fiscal year 2025-26 next month, a top Pakistani brokerage house said in a budget review Islamabad is currently holding budget talks with the IMF, which earlier this month approved a loan program review for Pakistan, unlocking a $1 billion payment which the State Bank of Pakistan said had been received. A fresh $1.4 billion loan was also approved under the IMF’s climate resilience fund.

KARACHI: Pakistan on Thursday sought the World Bank’s technical assistance to fast track the implementation of the Country Partnership Framework (CPF) discussed between the two sides earlier this year, according to an official statement circulated by the finance ministry. The World Bank’s Board of Executive Directors endorsed the framework in January, aiming to support Pakistan’s long-term development by building human capital, promoting private sector-led growth and enhancing climate resilience through up to $20 billion in pledged lending over the next decade.

The Country Partnership Framework was approved by the World Bank's executive directors in January

KARACHI: Business confidence has significantly improved among investors in Pakistan that is largely attributed to macroeconomic stability, declining inflation and anticipated improvements in business conditions over the next six months, a survey by Pakistan’s Overseas Investors Chamber of Commerce and Industry (OICCI) revealed on Thursday.

KARACHI: The International Monetary Fund (IMF) this week defended its decision to release a $1 billion tranche to Pakistan, despite India’s concern over its potential misuse, by pointing out the country had met all requisite targets under the Extended Fund Facility (EFF). India had raised objections to the IMF’s disbursement amid a military confrontation with Pakistan, saying the funds could be diverted to support activities that it described as detrimental to regional stability.

IMF communications director says the board approved funding as Pakistan had ‘met all of the targets'