A Russian pharmaceutical company plans to invest nearly $80 million in Pakistan to establish local insulin production facilities, marking a major development for the country’s healthcare and pharmaceutical sectors. Zavod Medsintez and its Pakistani partner Genetics Pharmaceuticals Private Limited intend to launch the project in two phases, according to officials familiar with the plan. The […]
Islamabad to Host First-Ever EU-Pakistan Business Forum in Major Investment Push
Islamabad is set to host the first-ever high-level European Union–Pakistan Business Forum later this month, bringing together policymakers, investors and business leaders from both sides in a major push to deepen economic cooperation and unlock new investment opportunities. The two-day forum, scheduled for April 28 and 29 in Islamabad, is being organised with the support […]
Pakistan Finance Minister Aurangzeb Heads to IMF Meetings as Pakistan Eyes Economic Stability
Pakistan’s Finance Minister Muhammad Aurangzeb has departed for the United States to attend the International Monetary Fund and World Bank Spring Meetings, as Islamabad seeks to consolidate economic stability and secure support at a time of global uncertainty. The meetings, scheduled to take place in Washington from April 13 to April 18, will bring together […]
Manufacturing Boom: Apple to Set Up iPhone Operations in Pakistan
Pakistan is on the verge of a major leap in electronics and mobile device production after American tech giant Apple Inc. agreed to begin manufacturing and refurbishing iPhones in Pakistan. The agreement follows government incentives under a newly proposed Mobile and Electronics Manufacturing Framework, aimed at turning Pakistan into a regional hub for mobile and […]