Tag Archives: Western

Western investment declines by 46 percent

Western investment declines by 46 percent

KARACHI: While the strategic allies of Pakistan, particularly the United States, push Islamabad to do more in the “war on terror”; they are lagging far behind their counterparts from the developing world in their commitment to Pakistan, particularly in terms of investment.
The State Bank of Pakistan’s statistics on “Inflow of Foreign Investment in Pakistan by Geographical Origin” reveals that during July-October of FY2010-11, net foreign investment had dipped to $569 million

Israel to invest 23 million dollars in Western Wall plaza

JERUSALEM: Israel’s cabinet on Sunday approved plans to invest millions of shekels in a five-year project to expand the plaza next to the Western Wall, one of Judaism’s holiest sites in Jerusalem’s Old City.
The plans to improve access to the site were outlined in a statement from the office of Israeli Prime Minister Benjamin Netanyahu which said it would invest 85 million shekels (23 million dollars, 17 million euros) in the project.
“The aim of the plan is to improve