KARACHI: China has decided to invest in Pakistan textile industry and will purchase 24 percent shares. The companies of Pakistan and China have decided to work together in this regard. Shanghai Challenge Textile Company will purchase 24 percent shares of local Masood Textile Company. It happens for the first time that a Chinese company purchased the shares of a Pakistani textile company.
Pakistan to get $3b loan from Islamic Trade Financing Corporation
ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...
