Is Islamic finance the answer?
Experts in Islamic finance believe their way of doing business has shielded them from the global credit crisis. But how does it differ from conventional Western finance? Wider Islamic economics relies on God´s guidance.  Read More...

Oil importing countries escape effects of global crisis
Oil importing countries including Pakistan have largely escaped the direct effects of the global crisis because of the positive impact of lower oil prices and their limited links to global financial markets.  Read More...

Pakistan signs accord with Korea for 150 MW power project
The three renowned Korean companies will have 49% share in the $331 million project. A signing ceremony for Patrind hydro power – Independent Power Producer (IPP) project of 150 MW capacity was held in Seoul last month. Read More...

UAE developers eye Pakistan housing projects
A number of UAE property developers are considering investing in the construction of 6 million low-cost homes in Pakistan as part of a government-backed plan to ease the housing shortage in the country. Read More...