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World's tallest building to be build in Pakistan

Source: emirates247 | 16-02-2013

UAE’s Abu Dhabi Group and Pakistani real estate tycoon Malik Riaz on Friday signed a deal to invest $45 billion (Dh165.15 billion) in Pakistan including building the world’s tallest building in Karachi.

Pakistan’s news channel Geo reported today that $35 billion (Dh165.15 billion) will be pumped in Sindh province while the rest will be invested in Lahore and Islamabad.

Under the deal, Sports City, International City, Media City, Educational and Medical City will be built in Pakistan’s financial capital. The news channel said that world’s Seven Wonders will also be built as part of the project.

The deal is expected to generate over 2.5 million jobs in Pakistan.

The channel, however, didn’t reveal the time for the completion of the project.

Sindh CNG stations closed for 24 hours

Source: Geo News | 30-06-2013

KARACHI: CNG stations would remain closed across Sindh during the next 24 hours as part of gas load management plan, Geo News reported Saturday. According to schedule, the CNG stations were closed today at 8:00 am across Sindh. The CNG retail pumps would reopen on Sunday 8:00 am after the closure of 24 hours. Read more

PTA takes notice of tax on incoming global calls

Source: The Nation | 14-03-2013

The Pakistan Telecommunication Authority (PTA) has taken serious notice of illegal heavy fleecing of the consumers with additional Inland Housing Clearance (IHC) tax by 14 long distance international (LDI) operators over incoming international calls to Pakistan, sources told on Wednesday. Interestingly, the regulatory authority (PTA) has sprung into actio..... Read more

Urea prices reduced to Rs.1786

Source: Geo News | 11-01-2014

The government and fertilizer companies Friday reached an agreement to reduce the price of urea from Rs 1900 per bag to Rs 1786 per bag with immediate effect. The agreement was reached after a successful four hour meeting held at finance ministry between the government and representatives of the fertilizer companies. Finance Minister Senator Mohammad I..... Read more

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