Minister unveils ‘Sea-to-Steel Green Corridor’ plan at Port Qasim
Junaid Anwar Chaudhry launched the $13b “Sea-to-Steel Corridor” at Port Qasim to revive industry, create jobs, and boost exports.
NEPRA slashes K-Electric tariff to Rs32 per unit after review petition
In a major blow to K-Electric’s financial position, the National Electric Power Regulatory Authority (NEPRA) has cut the utility’s multi-year tariff to Rs32 per unit from the earlier determined Rs39.97,…
Aurangzeb pitches reform agenda in Washington, highlights new investment opportunities
Pakistan Seeks Stronger Economic Ties With Saudi Arabia, U.S. Investors Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has held a series of high-level meetings with global financial and…
Pakistan Cuts Petrol Price by Rs5.66 per Litre
In a major relief for consumers hit by rising living costs, the government on Wednesday slashed petrol prices by Rs5.66 per litre for the next fortnight, bringing the new rate…
UBL to Upgrade All Basic Accounts to Mukammal Current Accounts from Oct. 15
United Bank Limited (UBL) announced that it will convert all Basic Banking Accounts (BBA) into its Mukammal Current Accounts starting Wednesday, offering customers broader banking services without any action required…
PPL Hands Operatorship of Offshore Indus Block to Turkish Petroleum
Deal brings Turkiye into Pakistan’s offshore exploration; OGDCL, Mari Energies join consortium In a major boost to Pakistan’s offshore energy ambitions, Pakistan Petroleum Limited (PPL) has announced a strategic partnership…
Rs172b ADB Road Project Scandal: Senate Panel Slams NHA for Concealing Procurement Irregularities
Committee also questions SBP over NBP’s £22m UNBL UK share sale to UBL The Senate Standing Committee on Economic Affairs has accused senior officials of the Ministry of Communications and…
Pakistan Set to Cut Petrol Prices by Rs6.10 a Litre From Oct. 16
Pakistan plans to reduce retail fuel prices from Oct. 16 following a marginal decline in global oil prices, according to people familiar with the matter. The price of petrol is…
China steps up yuan push as dollar dominance faces growing challenge
Beijing’s latest financial maneuvers signal a determined bid to weaken global reliance on the U.S. currency China is accelerating efforts to boost the yuan’s global standing and chip away at…
K-Electric board delays key meeting on Saudi investment to Oct 20
The much-anticipated board meeting of K-Electric, scheduled for Monday to discuss crucial matters including potential Saudi investment, was postponed. The meeting, now rescheduled for October 20, was a continuation of…
