IFC invests $3.2m for low-cost housing in Pakistan
KARACHI: The World Bank has planned to provide a credit line of $500 million to Pakistan for low-cost housing including Prime Minister Imran Khan’s flagship five-million houses project for the low-income people. Besides, the International Finance Corporation (IFC) – a member of the World Bank Group – on Thursday invested $3.2 million (Rs500 million) in Pakistan Mortgage Refinance Company (PMRC) with the aim of providing financing for low-cost housing in Balochistan and Khyber-Pakhtunkhwa (K-P). The World Bank had planned to establish the credit line of $500 million (around Rs80 billion) in the ongoing year 2020. However, ...
A New Cultural Platform That Celebrates Homegrown Talent – Dubai Blog
Home Centre, the Middle East’s leading home retailer, has officially launched Home Centre Collective — a region-first live performance series that reimagines its retail spaces as immersive stages for culture, creativity, and community across Saudi Arabia and UAE. The platform reflects a growing creative energy across the GCC — particularly in Saudi Arabia and the UAE, where investment in arts, music, and cultural expression is on the rise. Home Centre Collective was born from this cultural moment, designed to be an ongoing space where authenticity, art, and community can meet and live, in-store. “We are incredibly proud to ...
Real estate can drive Pakistan’s economy
KARACHI: Real estate stakeholders have voiced unanimous hope that the realty segment could uplift Pakistan’s economy and assist in enhancing foreign direct investment if it receives due importance from the government. Pakistan is one of the few countries in the world whose real estate sector has ample room to drive its economy because only 0.5% of the country’s area falls under planned land, said Graana.com Chief Executive Officer Shafiq Akbar. Talking to The Express Tribune, he stated that at present, roughly 4,000 square kilometres of Pakistan’s land is classified as planned area out of a total ...
Tickets Now On Sale For “Once Upon A Time In Dubai” – The Groundbreaking Musical That Will Make History In The UAE – Dubai Blog
A cultural revolution is about to begin. Tickets are now available for Once Upon A Time in Dubai, the most ambitious, emotional, and spectacular musical ever produced in the region. Opening this December at The Agenda in Dubai Media City, the show is already being called a once-in-a-generation phenomenon — and for good reason. More than just a stage production, Once Upon A Time in Dubai is the first original large-scale musical entirely created in the UAE, blending Broadway-worthy storytelling with the energy and dreams of one of the world’s most iconic cities. Behind this bold vision is ...
CDA raises Rs5.55b on second day of auction
ISLAMABAD: As many as four plots were sold on Thursday during an auction for the new Blue Area commercial district, raising another Rs5.54 billion. During the second day of the three-day auction at the Jinnah Convention Centre, the Capital Development Authority (CDA) claimed that they had witnessed a highly encouraging response from the large number of investors who participated in the auction. Officials said that the authority considered bids for four plots worth Rs5.54 billion. This was in addition to the bids of Rs11.7 billion it had received for seven plots on the first day of the auction. ...
AW Rostamani Group Unveils New Renault Koleos At UAE’s First Coffee Rave In A Car Showroom – Dubai Blog
Arabian Automobiles Company (AAC), the flagship automotive company of AW Rostamani Group and the exclusive dealer for Renault in Dubai, Sharjah, and the Northern Emirates, made regional retail history with the UAE’s first-ever coffee rave in a car showroom, a high-energy celebration that marked the local launch of the new Renault Koleos at the Renault store on Sheikh Zayed Road. The event also served as the official debut of Studio R, AAC’s newest platform, which reimagines automotive retail by blending music, art, and entertainment. Designed to bring people together through cultural experiences, Studio R signals a bold step ...
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