Pakistan

News about Happenings in Pakistan

venture fund
Pakistan

PM launches robotics programme, $20m venture fund to boost innovation

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday announced the launch of the Spark and Elevate Programme for robotics and autonomous systems, alongside the establishment of a $20 million Pakistan Venture Fund, aimed at promoting innovation, entrepreneurship and advanced technology development. Addressing the Indus Robotics and Autonomous Systems (RAS) Expo 2026 […]

pharmaceutical
Pakistan

PM Shehbaz seeks stronger Pakistan-China partnership in pharmaceutical sector

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday called for enhanced cooperation between Pakistan and China in the pharmaceutical sector, saying Chinese investment, technology and expertise could help strengthen local medicine production, increase exports and improve access to affordable healthcare. Addressing the Pakistan-China Pharmaceutical Conference, the prime minister described China as […]

privatisation
Pakistan

PIA employee liabilities cross Rs30bn ahead of privatisation deal

ISLAMABAD: The liabilities associated with Pakistan International Airlines (PIA) employees have crossed Rs30.34 billion ahead of the national carrier’s privatisation transaction, according to official documents. The documents revealed that PIA’s total assets are valued at Rs191.53 billion, while the airline’s overall liabilities stand at Rs182.43 billion. The net assets and […]