firms
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Foreigners allowed to invest in listed firms with property in Makkah, Madina
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[ad_1] General view in Riyadh, Saudi Arabia, June 21 2020. — Reuters DUBAI: Saudi Arabia’s market regulator has unveiled a plan to allow foreigners to invest in listed companies that own real estate in Makkah and Madina in a bid…
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MSCI set to add four Pakistani firms to FM index | The Express Tribune
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[ad_1] KARACHI: Morgan Stanley Capital International (MSCI) is expected to include four additional Pakistani companies in its global Frontier Market (FM) index next month, driven by a rise in their share prices. This move is likely to attract international investors,…
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CCOP okays sale of six power firms | The Express Tribune
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[ad_1] ISLAMABAD: The Cabinet Committee on Privatisation on Friday approved the sale of six highest loss-making power distribution and four power generation companies, causing a total annual loss of over Rs200 billion, in the last leg of privatisation –in a…
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Swedish firms urged to invest in IT, telecom | The Express Tribune
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[ad_1] ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja on Thursday urged Swedish companies to invest in Pakistan’s information technology and telecom sector. “The government is taking steps to promote information and communication technology (ICT) as ICT…
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Diplomat Club urges tech firms to join digital revolution | The Express Tribune
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[ad_1] ISLAMABAD: President of the Diplomat Business Club and former ambassador, Javed Malik, urged Pakistani tech businesses on Saturday to become a part of the digital revolution that is transforming the global business landscape. He made these remarks while addressing…
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Envoy invites foreign firms to invest in tech zones | The Express Tribune
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[ad_1] BEIJING: Pakistan’s Ambassador to China Khalil Hashmi briefed Chinese and international enterprises and entrepreneurs about the lucrative incentives being offered by Islamabad and invited them to invest in the National Aerospace Science and Technology Parks as well as in…
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Iraq’s oil and gas attracts Chinese firms | The Express Tribune
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[ad_1] BAGHDAD: Iraq was holding an oil and gas licensing round for 29 projects on Saturday in a bid to develop its huge gas reservoirs to help power the country and lure billions of dollars in investments. The exploration blocks…
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E&P firms seek depletion allowance | The Express Tribune
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[ad_1] ISLAMABAD: Hydrocarbon exploration and production (E&P) companies have called on the government to grant a 15% depletion allowance on ageing fields rather than imposing an additional 15% wellhead value. Sources told The Express tribune that oil and gas exploration…
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Ride-hailing firms eye exclusive SOPs | The Express Tribune
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[ad_1] KARACHI: Operating as Online Marketplaces (OMPs), transportation service providers with technology companies, have demanded that the government ensure proper regulations for the emerging ride-hailing industry. They advocate for standard practices, reasonable taxation, and fair competition, alongside revamping broken road…
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PayPal to join tech firms laying off workers amid plans to slash workforce by 9%
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[ad_1] A PayPal sign is seen at its headquarters on January 30, 2024, in San Jose, California. — AFP PayPal has recently announced that it will be cutting around 9% of its workforce, a move in line with several other…
