The International Finance Commission (IFC), an investment arm of the World Bank, has shown interest in divestment of shares in Pakistan’s state-owned enterprises. Executive Vice President and CEO of IFC Jin Yong Cai, met Pakistan’s Finance Minister Ishaq Dar in Washington, who was here with Prime Minister Nawaz Sharif who visited the United States last […]

American Ethane, a U.S.-based company, has expressed interest in setting up three power projects of 2,000 megawatts each in Pakistan, as the South Asian country struggles to overcome chronic energy crisis. The company’s officials, John Teter, Michael Hood, Water Teter and Alex Domakhin, as part of a delegation of U.S. and European investors, met Pakistan’s […]