The Overseas Investors Chamber of Commerce and Industry (OICCI) affirmed its commitment to advancing Pakistan’s IT and telecom sectors at ITCN Asia 2024, a Tech Festival being held at the Expo Centre Karachi from August 27th to August 29th. In a keynote address, OICCI President, Mr. Rehan Shaikh shared an optimistic vision for the future,…
Despite contributing only 0.9 per cent to global greenhouse gas emissions, Pakistan faces severe climate vulnerabilities and is ranked 5th most affected country. This underscores the urgency of its climate action plans and the pivotal role of the private sector. To provide a roadmap emphasising public-private partnerships to mitigate climate change, the Overseas Investors Chamber…
In a groundbreaking move, the Overseas Investors Chamber of Commerce & Industry (OICCI) has partnered with the United Nations Development Programme (UNDP) Pakistan to advance the vision of a more sustainable and inclusive Pakistan. This alliance is set to spearhead a series of initiatives focusing on gender equality, diversity, inclusion, and social impact investments, reflecting…
The Overseas Investors Chamber of Commerce and Industry (OICCI), the representative body for the top 210 foreign investors in Pakistan, revealed substantial contributions by its members to Pakistan’s economy in its 2023 annual economic contribution survey. Over the past 10 years, from 2013 to 2023, Pakistan received a net Foreign Direct Investment (FDI) of $19.8…
The Overseas Investors Chamber of Commerce and Industry (OICCI), has released the results of its latest Security Survey 2024, highlighting increasing concerns over the country’s deteriorating security environment. Respondents reported a deterioration in the overall security situation in 2024 compared to 2023. Specifically, Karachi saw a worsening situation from 69 per cent to 80 per…
Bill Winters, Group CEO of Standard Chartered Bank (SCB), visited the Overseas Investors Chamber of Commerce and Industry (OICCI) on Friday. During an interactive session with the top executives of OICCI member companies, Bill Winters shared that “We see a greater potential in Pakistan and will continue to invest more as per the opportunity. There…
Overseas Investors Chamber of Commerce and Industry’s (OICCI) member companies have invested Rs 13 billion in 2022-2023 in local communities, positively impacting 40 million individuals across the country. In collaboration with over 290 social sector organisations, the OICCI members have extended their CSR initiatives to all the four provinces of Pakistan, including Azad Jammu and…
Business confidence in Pakistan has improved by 4 percent, though it remains in the negative, as reflected in the 25th Wave of the Business Confidence Index (BCI) survey conducted by the Overseas Investors Chamber of Commerce and Industry (OICCI). The survey was conducted across Pakistan during March-April 2024. Rehan Shaikh, President of OICCI, stated, “The…
The Institute of Chartered Accountants of Pakistan (ICAP) has awarded Ziad Bin Wasim Chowdhrey for professional excellence as the finance leader. He was presented the Professional Excellence Awards in a graceful ceremony held at PC, Karachi, where 14 industry leaders were awarded in 5 categories. Nominees were evaluated on the basis of their leadership approach,…
Emphasizing the vital importance of creating conducive conditions for women to flourish in the realms of business and entrepreneurship, the Overseas Investors Chamber of Commerce & Industry (OICCI) held its 6th Women Empowerment Awards ceremony on Tuesday. Addressing the members, OICCI Vice President Rehan Shaikh said, “Pakistan’s ranking on the World Bank’s Women, Business and…
