Buying & Selling

The National Assembly has approved converting State Life Insurance Corporation into a company, paving the way for potential restructuring and future privatisation while protecting policyholders and employees’ benefits.

Saudi Crown Prince Mohammed bin Salman unveils CEER’s first electric sedan and SUV, marking a major milestone in Saudi Arabia’s automotive industry and economic diversification plans.

FGEHA has signed an agreement with FDHL to develop a 2,000-kanal housing scheme in Capital Smart City, Rawalpindi, expanding housing opportunities for federal government employees and the general public.

The CDA has recovered 1,133 kanals of state land worth billions of rupees in Islamabad’s Sector E-12 after nearly 40 years, accelerating development work and infrastructure projects.

Pakistan has simplified home loans under the Apna Ghar Programme by reducing mandatory property documents to five, aiming to speed up approvals and make home construction financing easier for citizens.

Karachi is seeking Shanghai’s expertise in smart-city planning, modern transport and digital infrastructure to improve urban services, attract Chinese investment and support sustainable growth.

The Lahore Development Authority (LDA) has demolished illegal structures in six housing schemes along Sundar-Raiwind Road and Multan Road. The crackdown highlights the importance of verifying housing scheme approvals before investing in property to avoid potential financial and legal risks.

Pakistan is seeking cooperation with Alibaba to promote digital payments, strengthen its cashless economy, support SMEs and boost exports through e-commerce, technology and improved cross-border trade systems.

The government has approved an 11% additional customs duty on 13 more automobile parts to protect local manufacturers, promote domestic production, reduce imports and support employment under the revised SRO 693(I)/2006.