ISLAMABAD, Apr 20 (ABC): Pakistan has expanded its research efforts to develop high-yield hybrid wheat, joining the global race to produce more productive and climate-resilient crop varieties, as leading agricultural institutions in Punjab collaborate under a unified programme with technical support from Australian experts. “Hybrid wheat research is a joint project launched by various research…
ISLAMABAD, Apr 20 (ABC): The first phase of the $100 million Karachi Water and Sewerage Services Improvement Project (KWSSIP-I) is nearing completion. According to documents available with Wealth Pakistan, the broader KWSSIP programme, estimated at $1.6 billion, is to be executed in four overlapping phases over a period of 12 years. The project is jointly…
By Cui Qi, People’s Daily At a recent round of the Superbike World Championship (WSBK) in Portugal, Chinese brand ZXMOTO, founded just two years ago by Zhang Xue, claimed victory in the World Supersport (WorldSSP) category, breaking a decades-long dominance by European, American and Japanese manufacturers. The achievement quickly captured significant international media attention and trended on…
ISLAMABAD, Apr 17 (ABC): An amount of Rs 5.36 billion has been spent so far in the current fiscal year on 22 development projects in Gwadar under PSDP 2025-26. According to official documents available with Wealth Pakistan, the federal government had allocated Rs 16.79 billion for these projects for the Fiscal Year 2025-26. The total…
ISLAMABAD, April 16 (ABC): The OIC Ministerial Standing Committee on Scientific and Technological Cooperation (OIC-COMSTECH) and Huawei Technologies signed a Memorandum of Understanding (MoU) to establish a joint ICT academy aimed at strengthening digital skills across OIC member states. They signed the MoU at the OIC-COMSTECH Secretariat in Islamabad. At the same venue, officials also…
ISLAMABAD, Apr 15 (ABC): The Khyber Pakhtunkhwa government has included the development of 16 picnic spots and tourist facilitation services at nine destinations under its tourism development schemes. According to documents available with Wealth Pakistan, these initiatives form part of broader interventions being undertaken across the province, with a focus on Chitral under various tourism…
ISLAMABAD, Apr 14 (ABC):The Ministry of Inter-Provincial Coordination has planned three tourism initiatives worth Rs140 million under the Public Sector Development Programme (PSDP) 2026-27 According to documents available with Wealth Pakistan, a significant portion of the allocation, amounting to Rs70 million, has been proposed for capacity building of stakeholders in the tourism and hospitality sector….
ISLAMABAD, Apr 13 (ABC): The Ministry of Human Rights has proposed the establishment of daycare centres in Islamabad Capital Territory (ICT), Azad Jammu and Kashmir (AJK) and Gilgit-Baltistan (GB) as part of a broader Rs2.87 billion project aimed at promoting human rights and women’s development. According to documents available with Wealth Pakistan, the initiative is…
ISLAMABAD, Apr 13 (ABC): The Employees’ Old-Age Benefits Institution’s (EOBI) investment portfolio reached Rs 691.91 billion by February 28, with fixed-income instruments continuing to dominate the fund’s asset mix and income generation. According to documents available with Wealth Pakistan, the EOBI remains heavily invested in fixed-income assets, which account for Rs 592.12 billion, or 85.58%,…
ISLAMABAD, Apr 13 (ABC): The Khyber Pakhtunkhwa (KP) government has spent Rs 127.533 million during the current fiscal year under the ADB-funded food security support project to promote climate-smart agriculture and strengthen institutional capacity in the flood-affected districts. According to documents available with Wealth Pakistan, the project, scheduled to be completed on June 30, 2028,…