News

CDWP approves 4 development projects worth Rs. 36.21 Billion.

In a meeting chaired by Deputy Chairman Planning Commission, Dr. Mohammad Jehanzeb Khan, the Central Development Working Party (CDWP) approved four development projects worth Rs. 36.219 billion. The projects cover various sectors such as physical planning and housing, transport and communication, and water resources. The CDWP reviewed four projects with a total value of Rs. […]

CDWP approves 4 development projects worth Rs. 36.21 Billion. Read More »

Aramco acquires 40% stake in Gas & Oil Pakistan Ltd (GO).

DHAHRAN-Aramco, a global energy and chemicals company, has entered into definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. (“GO”). GO is a prominent player in the downstream fuels, lubricants, and convenience stores sector in Pakistan and is known for its extensive retail and storage operations. The completion of this

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Country Builders & Developers launch its Flagship project “Country Residences” in Karachi.

Country Builders & Developers launch its Flagship project “Country Residences” in Karachi.

The much-awaited inauguration of Country Residences Karachi, a flagship project by Country Builders and Developers, was a spectacular event filled with opulence and promise. Conveniently located in Scheme 33, this residential masterpiece is set to become a symbol of excellence in urban living, with a prime location that promises unprecedented growth. Situated with direct access

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World Bank praises PULSE for notable achievements in land digitization.

The Punjab Urban Land Systems Enhancement (PULSE) project has been commended by the World Bank for successfully meeting its land digitization targets within the specified timeframe. Led by Dong Kyu Kwak, a delegation from the World Bank expressed admiration for the accomplishments of the PULSE project. The World Bank delegation not only acknowledged the impressive

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Steel Prices witnessed a significant drop in Pakistan in December 2023

In December 2023, the steel rates in Pakistan have experienced a notable decrease, thanks to the significant strengthening of the Pakistani rupee against the US dollar. This positive development can be attributed to the crackdown on currency smugglers and hoarders, which resulted in the strengthening of the local currency. The Pakistani rupee has been on

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Hashoo Group partners with Highland Country Club & Resort to boost Hospitality experience in scenic Pir Sohawa Hills.jpg

Hashoo Group partners with Highland Country Club & Resort to boost Hospitality experience in scenic Pir Sohawa Hills.

Hashoo Group has partnered strategically with Highland Country Club & Resort to enhance the guest experience in Islamabad’s Pir Sohawa Hills. The collaboration, solidified at a recent signing ceremony, underscores Hashoo Group’s commitment to fostering key alliances within Pakistan’s hospitality sector. Highland Country Club & Resort, now operating under the PC Legacy brand as PC

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CBD Punjab launches ‘Grand Souq Lahore’ on Ferozepur Road

Lahore: The Punjab Central Business District Development Authority (PCBDDA) has announced the launch of Grand Souq Lahore (GSL), an innovative project aimed at fostering local business growth in Lahore, Pakistan. Inspired by architectural marvels in Dubai and Turkey, the GSL will be meticulously designed to meet global standards and provide a platform for local businesses

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Senate Committee Slams Housing Ministry over FGEHA Projects.

Islamabad: The Senate Standing Committee on Housing and Works has requested a report on the utilization of Rs500 million in funds allocated for development projects by the ministry, as well as the current status of work on these schemes. The committee, led by Senator Haji Hidayatullah, also expressed displeasure with officials, including the housing secretary,

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FGEHA reopens membership for G-12, and F-12 sectors.

The Executive Board of the Federal Government Employees Housing Authority (FGEHA) has authorized the reopening of membership for sectors G-12 and F-12 in Islamabad, Pakistan. This decision was made during a meeting led by the Federal Secretary of Housing and Construction, Dr. Shahzad Khan Bangash. Citizens were encouraged to submit fresh applications to purchase plots

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CM Naqvi laid the foundation stone of the much-awaited Daducha Dam.

Construction of the much-awaited Daducha Dam in Rawalpindi officially began on Friday, as Punjab’s caretaker Chief Minister, Mohsin, laid the foundation stone for the project. During his visit to the dam site, CM Naqvi received a briefing from FWO officials on the construction process. Speaking to the media, Chief Minister Naqvi highlighted the severe water

CM Naqvi laid the foundation stone of the much-awaited Daducha Dam. Read More »