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Chinese President Xi Jinping reaffirmed China’s commitment to globalization, telling top business leaders that despite rising trade tensions, economic integration remains inevitable. His remarks come as China faces mounting pressure from U.S. tariffs and geopolitical uncertainties. Xi Stresses the Need for Multilateralism Speaking at the Great Hall of the People in Beijing, Xi met with …
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Pakistan and Uzbekistan agreed to increase bilateral trade from $400 million to $2 billion. The commitment was made during Prime Minister Shehbaz Sharif’s visit to Uzbekistan. Both sides pledged to strengthen ties in investment, connectivity, and tourism. Prime Minister Shehbaz and Uzbek President Shavkat Mirziyoyev held one-on-one and delegation-level talks. They discussed trade, economic cooperation, …
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Gold prices in Pakistan rose on February 16, 2025, reflecting global market trends. The price of 24-karat gold per tola reached Rs302,200, increasing by Rs1,700. The price for 10 grams of 24-karat gold climbed to Rs259,945, showing a rise of Rs1,458. For 22-karat gold, the price stood at Rs238,283 per 10 grams. International Gold Prices …
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In a press briefing on Thursday, US State Department Spokesperson Ned Price highlighted the importance of the US-Pakistan trade relationship, citing the devastating floods that hit Pakistan last year as a reason for the relationship’s crucial role in the country’s economic recovery. Price noted that the Trade and Investment Framework Agreement (TIFA) Council ministerial meeting …
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The major electric car company Tesla is showing a significant decline in the share market as Elon Musk sold $3.2bn in shares Elon Musk recently sold 22 million shares of Tesla worth $3.2bn. According to the US financial regulator, Elon Musk sold Tesla shares worth $40 billion. The selling of the shares is decreasing the …
Karachi: A delegation of Coca-Cola Beverages Pakistan Limited (CCI Pakistan), GM Ahmet Kursad Ertin met with the Prime Minister of Pakistan and announced an investment of USD 50 million for a Greenfield project the company plans to set up in Haripur district, Khyber Pakhtunkhwa (KP). This will be CCI’s 7th production facility in the country. …
Karachi: President EFP, Ismail Suttar, has strongly recommended the Hon’ble Advisor to Prime Minister on Commerce & Investment, Abdul Razak Dawood, to look into the near-extinct state of Pakistan’s Stationary sector for extending the closure of schools due to Coronavirus for almost 250 days. The Director EFP and a senior industrialist, Ahsan Ullah Khan, who …
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