Saturday , August 8 2020
Breaking News
Home / Tag Archives: investment (page 5)

Tag Archives: investment

Saudi Arabia launches $30 billion projects to develop shipping sector

JEDDAH: Saudi Arabia’s shipping sector is growing to an exponential level as many projects which are on the go are to be undertaken, worth more than $30 billion aiming profit. Experts presented a series of papers to more than 200 delegates at the inaugural Saudi Maritime Congress recently that highlighted the kingdom’s rapid seaport infrastructure development and overall investment in ... Read More »

Ugandan president seeks UAE help to develop ports

ABU DHABI: Uganda’s president Yoweri Museveni offered a 4-day visit to United Arab Emirates where he asked Ahamad, the Chairman of Ports, Customs and Free Zone Corporation of UAE to come to Uganda and invest in the development of their Dry Port and Free Zone, helping Uganda to be a competitive international trader. Museveni asked Ahamed, who is also the ... Read More »

$2bln investment: K-E to set up 660MW coal power plant, convert 400MW plant to gas

ISLAMABAD: The management of K-Electric planned investing $2 billion including $1 billion for construction of a 660MW coal-fired power plant in Gaddani and $400 million for conversion of 400MW furnace oil-run plant to coal. The company has planned a total investment of $2 billion and the plan will be completed by June 2017. K-Electric Chairman Tabish Gohar informed Finance Minister ... Read More »

Tata Power amalgamates joint venture to invest in Russian energy assets

MUMBAI: Tata Power has annex with the Russian Direct Investment Fund (RDIF) to invest in energy assets in the world’s sixth largest economy, as it looks to rev up growth. This is perhaps the first time a Tata company has partnered with a fund to enter a new geography and explore investment opportunities. Tata Power, among the last big Tata ... Read More »

Closing: KSE plunges 138pts, down 0.43% on PTI’s Faisalabad shutdown call

KARACHI: The Karachi Stock Exchange benchmark KSE 100-index lost 138.45  points or 0.43 percent to reach 32010.33 points and volume of 120,382,620 shares on Monday. The market started the new trading week on a positive noted and appeared confident, adding another 24 points to the weekend closing of 32151 points to reach 32175points. However, later stocks crashed due to panic ... Read More »

Closing: KSE-100 adds strong gains of 218.20pts, up 0.68% to towards 32,000pts

KARACHI: The Karachi Stock Exchange benchmark KSE 100-index gained 218.20 points or 0.68 percent to reach 32090.93 points and volume of 270,543,210 shares on Thursday. The market opened on a positive note and kept crawled up to close the gap to its all-time high 32,000-level and never looked behind, setting eyes on new highs. Bull-run kept the Karachi Stock Exchange ... Read More »

Spain ready to help Pakistan build renewable energy resources: Envoy

ISLAMABAD: Spain Ambassador Javier Carbajosa emphasized that despite numerous challenges, Pakistan’s geographical location and Pak-China economic corridor offered plenty of opportunities to investors. He said that he would motivate the Spanish companies to explore investment and joint ventures opportunities in Pakistan, especially in renewable energy. Addressing business community at Islamabad Chamber of Commerce and Industry (ICCI), the ambassador informed that ... Read More »

Closing: KSE keeps upward rally with 192pts, up 0.61% to close 31872.73pts

KARACHI: The Karachi Stock Exchange benchmark KSE 100-index gained 192.01 points or 0.61 percent to reach 31872.73 points and volume of 257,480,050 shares on Wednesday. Buoyant Karachi Stock Exchange continued its march toward historic high of 32,000 steadily as benchmark KSE 100-index added another 213.01 points or 0.67 to scores tally, taking it to 31893.17 points till midday trading. Easing ... Read More »

Closing: KSE gains 102pts, up 0.33% despite warnings of Imran

KARACHI: KARACHI: The Karachi Stock Exchange benchmark KSE 100-index gained 101.74 points or 0.33 percent to reach 31299.72 points and volume of 238,689,700 shares on first day of trading, Monday. There were rumours of downward trend as Pakistan Tehreek-e-Insaf Chairman Imran Khan has warned government if they do not agree his demands, he will going to shut down all business ... Read More »

Closing: KSE plunges 52pts, down 0.17% on upcoming PTI showdown

KARACHI: The fast-changing political scenario and fears of a looming political showdown on Nov 30 caused ripples in the Karachi Stock Exchange as benchmark KSE 100-index lost 51.72 points or 0.17 percent and plunged to 31218.38 points and volume of 166,378,330 shares on last day of trading, Friday. The stocks failed to cash in on the euphoria created by Pakistan’s ... Read More »

Closing: KSE plunges 184 pts, down 0.59% as weeklong uncertainty haunts investment trends

KARACHI: The Karachi Stock Exchange lost 184.37 points or -0.59 percent to reach 31270.10 points and volume of 117,327,160 shares on Thursday. Earlier, the KSE gained 53.29 points or +.17 per cent to reach 31507.76 points amid the news reports that the government has sold over $1 billion Sukuk bonds at international market. The stock witnessed maximum trading at 31545.14 ... Read More »

Closing: KSE bounces back with 231pts, up 0.74% to close at 31454.47pts

KARACHI: The Karachi Stock Exchange recovers 230.73 points or +0.74 percent to reach 31454.47 points and volume of 145,707,940 shares on Wednesday. The KSE share-100 index opened at overnight closing of 31,223 and appeared confidence, going up steadily. The market set the pace for the day trading, boosting confidence of the investors. Though the traders exercised cautioned, the trading remained ... Read More »

70m TEUs containerised trade with EU: Beijing to spend $30b to $40b to link Gwadar to western China

ISLAMABAD: Pakistan and China have chalked out a formula for to link the strategically-located Gwadar Port with western China within the next five years. Under the formula, China will invest $30 billion and $40 billion in Pakistan to develop the much-awaited Pak-China Economic Corridor (PCEC) which the logistics experts believe would enable China to significantly reduce the cost of its ... Read More »

Closing: KSE loses 93pts, down 0.30% to close at 31223.7pts ahead of PTI big show

KARACHI: The Karachi Stock Exchange lost another 93.22 points or -0.30 percent to reach 31223.74 points and volume of 103,084,430 shares on Tuesday as PTI going to organize ‘big’ public meeting in Islamabad on Nov 30 this week. The market opened on negative note and remained bullish, forcing investor to exercise caution. Stocks remained bearish ahead of PTI’s call for ... Read More »

$45 investment: China set to build $3b LNG pipeline, terminal at Gwadar  

ISLAMABAD: China will lay pipeline from Gwadar to Nawabshah and construct the terminal for liquefied natural gas (LNG) handling and re-gasification facilities and to develop large storages at an estimated of cost $3 billion – $1 billion pipeline and over $2 billion LNG terminal. China will provide for 85 percent cost of the laying LNG pipeline from Gwadar Port to ... Read More »

Closing: KSE recovers 279pts, up 0.89% on investors’ confidence

KARACHI: The Karachi Stock Exchange shrugged off the gloom of previous two days and set its pace for the upward march and gained 279.48 points or +0.89 percent to reach 31518.52 points and volume of 89,545,590 shares on last day of trading, Friday. The Karachi Stock Exchange opened on a positive note and set off on the recourse to remedy ... Read More »

Closing: KSE-100 loses 250pts, down 0.78% to close below 32000pts level

KARACHI: The Karachi Stock Exchange (KSE) lost 250.11 points or -0.78% to reach 31756.29 points and volume of 187,615,200 shares on Wednesday. Earlier, trading in the market started on a positive note and the index kept on ticking, adding 219 points to the overnight tally. The stocks opened at overnight closing of 32,006.40 points and continued upward march, showing signs of confidence. However, ... Read More »

Closing: KSE-100 achieves another milestone, crosses historic 32,000pts barrier

KARACHI: The Karachi Stock Exchange (KSE) managed to cross 32,000 points barrier and gained a substantial 303.61 points to reach 32006.40 points and volume of 212,121,500 shares on Tuesday. The benchmark KSE 100-index witnessed variation as it opened with positive note, gaining 83.99 points or +0.26pc to reach 31786.78 points and observed highest trading of 31819.23 and lowest trading of ... Read More »

Weekly review: KSE observes mixed week, gains 400pts to set new mark

KARACHI: The Karachi Stock Exchange (KSE) 100-index opened on positive sentiments on the first day of trading and gained 400 points in the week-long trading, as it opened at 30,912 points on Monday and closed at 31344.07 points on Friday. On Monday, Bull-run continued to cheer the Karachi Stock Exchange (KSE) as the benchmark KSE 100-Index after crossing highest-ever psychological ... Read More »

Closing: KSE falters on 32,000pts rally, reverses to 31344pts losing 97.75pts

  KARACHI: The Karachi Stock Exchange 100-index lost 97.75 points to settle at 31344.07  points and volume of 9,856,868,839  shares on last day of trading, Friday. Earlier, benchmark KSE 100-index lost 94.65 points or 0.30 per cent to reach 31347.17 points on the last trading day. The bullish spree broke yesterday when KSE closed losing 187.38 points or 0.59% to settle at 31441.82 ... Read More »