KARACHI, JUN 28 /DNA/ – Pakistan Telecommunications Company Limited (PTCL) has signed formal loan agreements with an International Finance Corporation (IFC)-led consortium to secure up to $400 million in financing for the acquisition of Telenor Pakistan and Orion Towers (Pvt.) Limited. This is a significant milestone in the acquisition process following the IFC Board of Directors’ approval of the financing deal in April 2024. PTCL entered into a Share Purchase Agreement (SPA) last December with Telenor B.V. to acquire 100% of the shares of Telenor Pakistan at a price ofRead More

ISLAMABAD, JUN 28 /DNA/ – The United Nations Industrial Development Organization (UNIDO) brought together senior officials from Provincial Food Authorities across Pakistan in Islamabad for a high-level workshop to enhance food regulatory practices in Pakistan. The workshop, entitled “Designing and Operating Food Regulatory Functions,” gathered Director Generals, Directors, and Technical Officials from all Provincial Authorities of Pakistan, including Azad Jammu Kashmir, Gilgit Baltistan, and the Islamabad Food Authority. Professor Samuel Godefroy, an expert in Food Risk Analysis and Regulatory Policies at Laval University and former Director General of the FoodRead More