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18/04/2015 00:58 AST
Foreign Direct Investment (FDI) into Pakistan increased by $1 million to $710m in the first nine months (July-March) of 2014-15 as compared to $709m in the same period last year, a State Bank of Pakistan (SBP) report showed on Friday. The portfolio investment also increased to $100m during the period under review as compared to $35m in the same period last year.
Billions of dollars MoUs have been signed with different countries to attract foreign investment, but serious energy crisis and terrorism remained major hurdles. In 2013-14, the total FDI was at $1.667 billion and $1.456 billion in 2012-13. Meanwhile, Chinese President Xi Jinping will address the Joint Session of Parliament during his state visit on April 20-21, the Foreign Ministry said.
The Gulf Today
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
SAMBA | 26.98 | 1,138,683 |
STC | 83.41 | 257,644 |
DARALARKAN | 13.47 | 74,648,349 |
Index | Closing | Change |
---|---|---|
NIKKEI 225 | 21,292.29 | -96.29 (-0.45 |
DAX | 12,002.45 | -94.28 (-0.77 |
S&P 500 | 2,614.45 | 32.57 (1.26 |
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