Tag: foreign investment

Pakistan Minerals Summit 2023: From Dust to Development
Latest, Pakistan

Pakistan Minerals Summit 2023: From Dust to Development

In the quest for sustainable development and economic prosperity, nations across the globe are increasingly realizing the significance of their natural resources. Pakistan, a country rich in diverse minerals, is no exception. With the objective of harnessing its vast mineral potential and propelling its economy toward prosperity, the Pakistan Minerals Summit 2023 was convened. This summit, themed "From Dust to Development," aimed to explore the untapped potential of the country's mineral sector and pave the way for a brighter future. Minerals have always played a crucial role in shaping a nation's economy, infrastructure, and industrial growth. Pakistan is home to a plethora of valuable minerals, including coal, gypsum, limestone, marble, iron ore, copper, and gold. Despite the abundan...
Shell Petroleum to Roll Back from Pakistan
Latest, Pakistan

Shell Petroleum to Roll Back from Pakistan

Shell Petroleum, one of the world's largest oil and gas companies, has announced plans to roll back its operations in Pakistan. The company has been operating in Pakistan for over 50 years but has faced increasing challenges in recent years. Including security concerns, political instability, and a challenging regulatory environment. Shell Petroleum's decision to roll back its operations in Pakistan is a significant blow to the country's economy. The company employs over 3,000 people in Pakistan, and its operations contribute billions of dollars to the country's GDP. Shell's departure is likely to lead to job losses and a decline in economic activity. The reasons for Shell's decision to leave Pakistan are complex. The company has cited security concerns, political instability, and a...