US announces mobilization of over $40m in new US-Pakistani diaspora investment
The announcement has been made at the ‘Invest in Pakistan’ conference host by the US Agency for International Development in the federal capital.


Islamabad: The United States on Sunday announced the mobilization of over 40 million dollars in the new US-Pakistani diaspora investment.
The announcement was made at the ‘Invest in Pakistan’ conference host by the US Agency for International Development in Islamabad.
On the occasion, four diaspora partners concluded four new Memoranda of Understanding with the USAID worth 44 million dollars, while increasing total diaspora commitments to nearly 200 million dollars.
The new investment commitments include 5 million dollars by SERVINZ Limited for restoring livelihoods in flood-affected areas; 9 million dollars by Pakfoods LLC Group and NUST for technology; 25 million dollars by Jaxeri Investment Corporation for electric vehicle local manufacturing; and 5 million dollars by Global Semiconductors Group for training youth in semiconductor and chip design technology.

Sindh announces holiday for educational institutions on March 22
- 9 hours ago

Dollar surges as forex markets struggle amid IMF delays, economic pressures
- 10 hours ago
Somali militants attack presidential convoy, president escapes unhurt
- 7 hours ago
Gold prices hit historic highs amid global economic concerns
- 12 hours ago

Nagpur riots: Hindu extremist group demands destruction of Aurangzeb's tomb
- 12 hours ago

Pakistan vows full force against terrorism in recent security meeting
- 10 hours ago

Mustafa Amir murder case: Father and son clash in court during case hearing
- 11 hours ago
Virtual learning introduced at Balochistan universities amid growing security risks
- 7 hours ago
Army Chief stresses need for national unity in fight against terrorism
- 6 hours ago

Ruet-e-Hilal Committee to meet on March 30 for Shawwal moon sighting
- 9 hours ago

JI chief offers help for Afghanistan talks, slams govt’s approach to national security
- 12 hours ago
Jaffar Express resumes operations after terrorist attack
- 12 hours ago