The federal government has withdrawn a proposal to establish a new Export Processing Zone (EPZ) in Balochistan, in line with conditions set by the International Monetary Fund (IMF). According to a news report, the Ministry of Industry and Production had initially pushed for the EPZ to promote copper exports from Siah Diq, but the Ministry … Read more
Habib Rice Products Ltd (HRPL) has announced the incorporation of a wholly-owned subsidiary, Habib Rice Products (FZE), in the Sharjah Airport International Free Zone (SAIF-Zone). The new subsidiary aims to strengthen the company’s export operations and secure more international business opportunities. According to the company’s official statement, the move aligns with HRPL’s strategic goals to … Read more
GAZA: Gaza’s civil defence agency said Tuesday that an Israeli strike on a humanitarian zone in the south of the Palestinian territory killed 40 people and wounded 60 others, with the Israeli army saying it had targeted a Hamas command centre in the area. The strike hit Al-Mawasi — in Gaza’s main southern city of … Read more
ISLAMABAD: The Special Investment Facilitation Council (SIFC) is pushing ahead with plans to establish a Pharma Economic Zone under public-private partnership (PPP) mode to promote medical tourism and draw investment in the pharmaceutical industry. Additionally, it desires to set up a Medical/Health City as part of the PPP model. Sources told The Express Tribune that … Read more
KYIV: Ukraine’s forces advanced further into Russia’s Kursk region on Wednesday as Kyiv said the territory would serve as a buffer zone to protect its border areas from Russian attacks. Kyiv’s surge into Russian territory last week caught Moscow by surprise and has, for now at least, changed the mood of a war in which … Read more