Sohail Ahmad

Competition Commission of Pakistan Approves Three KSA-Based Steel Sector Mergers

Competition Commission of Pakistan Approves Three KSA-Based Steel Sector Mergers

The Competition Commission of Pakistan (CCP) has given the green light to three mergers involving M/s Saudi Iron and Steel Company (Hadeed), which holds a stake in Pakistan’s steel market. The approval for mergers encompasses the restructuring of two entities across three stages of transactions. Hadeed, headquartered in Saudi Arabia, is a prominent producer of…

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Himalayan Salt showcased in a show. Miracle Saltworks Collective Inc. USA to invest $200 million in Pakistan.

Miracle Saltworks USA to Invest $200M in Himalayan Salt Venture in Pakistan

Miracle Saltworks Collective Inc. USA, a company specializing in the mining and crafting of Himalayan Salt, has announced to investment of $200 million in a collaboration with the Pakistan Mineral Development Corporation (PMDC) to capitalize on the rich mineral resources of the region. The announcement was made during a gathering where the Chairman Senate emphasized…

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Signing Ceremony of MoU between the Stakeholders on Consortium Formation for Machike-Thallian-Tarujabba White Oil Pipeline

PSO, ISGS, FWO Consortium Signs MoU for White Oil Pipeline

Pakistan State Oil (PSO), Inter State Gas Systems Pvt. Ltd (ISGS) and the military-owned Frontier Works Organization on Wednesday formed a consortium and signed a Memorandum of Understanding (MoU) for Machike-Thallian-Tarujabba White Oil Pipeline Project.     The signing ceremony took place at the Special Investment Facilitation Council (SIFC) Secretariat, PM Office. Present at the event…

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Amnesty Backlash, Baloch protesting against enforces disappearance

Pakistan Faces Amnesty International Backlash as Baloch Long March Ends Amid Harassment Allegations

The Government of Pakistan must guarantee the right to peaceful protest across the country, Amnesty International said Wednesday as the Baloch Long March protesters were forced to end their month-long sit-in protest in Islamabad following repeated harassment by the authorities. Hundreds of women in the Baloch Long March journeyed about a thousand miles from Turbat…

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Substance discovered by Microsoft through AI and supercomputing

Microsoft, PNNL Unveil AI-Discovered Substance Reducing Lithium Use in Batteries

In a groundbreaking discovery, Microsoft, in collaboration with the Pacific Northwest National Laboratory (PNNL), has identified a novel substance using AI and supercomputing, poised to revolutionize lithium usage in batteries. Researchers assert that this innovative material can slash lithium consumption by up to 70 percent. Following its identification, the substance has already been employed to…

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China Shipbuilding Dominance: Supervisor inspecting Shipbuilding process

China Shipbuilding Dominance: Set to Retain Global Lead in 2024

China’s Shipbuilding Dominance to continue in 2024, as market observers and shipbuilders anticipate sustained leadership in the global shipbuilding market. It is expected to maintain the lead in the global market throughout 2024. Chinese shipyards have shown robust growth in new orders and output, outperforming foreign rivals in innovation, productivity, and supply chain advantages. In…

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Red Sea Security Risk and goods trade

Red Sea Security Crisis: Global Diplomacy Amid Houthi Threats Sparks Concern for Shipping Routes

Amid the Israeli-Hamas conflict, a new dimension has emerged in the form of a Red Sea security crisis. The southern Red Sea region is currently experiencing escalating turmoil as Houthi forces from Yemen, with backing from Iran, have become entangled in the ongoing conflict about a month ago. Global diplomatic efforts are underway to address…

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Team Europe launches €179M Climate Initiative for Punjab Urban Centers

Team Europe and Pakistan Government invest €179 million in Climate Initiative for Punjab Urban Centers

As a part of the Team Europe Initiative ‘Building Back Better through Green Jobs Creation,’ combining support from the European Union (EU), Germany, France, and Italy, the EU and the Agence Française de Développement (AfD) today have signed an agreement to spearhead a new climate initiative in the urban centers of Punjab. The joint effort…

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Veterans Day card hangs with American flags on wooden background

Pearl Harbor Remembrance: Unveiling 10 Untold Stories on 82nd Anniversary of the Devastating Attack

As the world marks the 82nd anniversary of the devastating attack on Pearl Harbor, we revisit the solemn events that unfolded on that fateful day. In a mere 75 minutes, the attack claimed the lives of 2,400 individuals, an annual commemoration that is observed with deep reverence for the fallen. Delving into the historical tapestry…

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Putin urgent visit to Saudi Arabia

Putin’s Rapid Saudi Tour: Crucial Talks on Gaza, Ukraine, and Oil

Russian President Vladimir Putin arrived in Saudi Arabia on Wednesday for urgent high-stakes discussions with Crown Prince Mohammed bin Salman (MBS) on oil, Gaza, and Ukraine. The meeting, characterized by its urgency, underscores the critical nature of the issues at hand and the need for swift diplomatic resolution.  As global attention focuses on Putin’s Saudi…

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