The financing allows Fort Partners, well-esteemed developer, to complete vertical construction on the 22-story Four Seasons-branded development NEW YORK, Dec. 11, 2019 (GLOBE NEWSWIRE) — Madison Realty Capital (MRC) originated a $210 million construction loan for the development of the Four Seasons Hotel and Private Residences located at 525 North Fort Lauderdale Beach Boulevard in Fort […]
Karachi, December 11, 2019 (PPI-OT): KSE-100; Consolidation expected The KSE-100 index posted a gain of 222 points to close at 40,665. Volumes stood low at 255mn shares versus 320mn shares traded previously. The index is expected to face resistance in the range of 40,700-40,990 where a break above will cause the uptrend to resume with […]
Karachi, December 11, 2019 (PPI-OT): $1.3bn ADB inflow takes reserves to eight-month high
The State Bank of Pakistan (SBP) on Tuesday received $1.3 billion just a day after signing an agreement with the Asian Development Bank (ADB) in Islamabad.
Karachi, December 11, 2019 (PPI-OT): Remittances jump 9.35pc in November
Pakistan’s remittances rose by 9.35 per cent to $1.819bn during November, from $1.664bn in corresponding month of FY19, reported the State Bank of Pakistan on Tuesday.
Karachi, December 11, 2019 (PPI-OT): Car sales plunge 44pc, tractor assembly halted
Overall car sales plunged 44 per cent to 49,110 units during the first five months of current fiscal year as demand for WagonR, Bolan, Toyota Corolla and Honda Civic/Ci…
Karachi, December 11, 2019 (PPI-OT): KSE-100 index gained 222 points yesterday, to close at 40,665 with 255mn shares being traded. Top performance as per price change was witnessed in UNITY, NESTLE and ABOT top decliners were STJT, PSMC and NATF. Activ…
Karachi, December 11, 2019 (PPI-OT): Pak-Qatar General Takaful Limited participated at IBA CEIF Islamic Finance Conference (IFC) 2019 held in Karachi. The conference theme was ‘Emerging Trends in Islamic Finance’ in which the key objective was to promote innovation and research in the Islamic Finance industry. The conference gave a chance to researchers to present […]
Karachi, December 11, 2019 (PPI-OT): “China is exemplary in the way it rapidly progresses in the information and communication technology (ICT) sector, and Huawei’s investment in developing ICT talent is enabling Pakistan to upgrade its information technology industry”. These thoughts were expressed by H.E. Naghmana Hashmi, Ambassador for Pakistan in China, during a speech at […]
Islamabad, December 11, 2019 (PPI-OT): The Government of Pakistan should consider calling an All Parties Conference on Kashmir issue and try to formulate a 5-year Kashmir policy to keep this issue alive at national and international forums. This was said by Mushaal Hussein Malik, wife of Kashmiri separatist leader Yasin Malik while speaking as chief […]