KARACHI: Recently, The Sovereign Club, an international business network launched in Pakistan and hosted an exclusive session with the Mayor of Cuzon, Christophe de Contenson from France in its sovereign dialogue monthly series. This dialogue was specifically tailored for small and medium enterprises, the event focused on strategies for acquiring businesses in Europe, expanding sales, … Read more
The government is grappling with mounting pressure to clarify the purpose and future of the Pakistan Sovereign Wealth Fund (PSWF), a fund valued at over $8 billion, which has faced criticism for its unclear objectives and non-operational status. The PSWF was established with the intent to manage the country’s leading blue-chip public sector entities, drawing … Read more
ISLAMABAD: Pakistan’s plans to sell stakes of its profitable energy companies to the United Arab Emirates (UAE) through the Pakistan Sovereign Wealth Fund (PSWF) have hit snags, as the government admitted on Tuesday that there was a lot of confusion and overlapping about the wealth fund. “There are many confusions in the law [Sovereign Wealth … Read more