Pakistan unveils $55B energy plan to boost renewables, cut imports
The government has unveiled a sweeping $55 billion blueprint to overhaul its power sector over...
Business
Pakistan to Hand Over Islamabad Airport Operations to UAE Under G2G Deal
Pakistan has agreed to transfer operations of Islamabad International Airport to the United Arab Emirates,...
Pakistan, Russia Eye Local Insulin Production in Three Years
Pakistan is set to launch joint insulin production with Russia in a bid to curb...
OGDCL Joins UN Global Compact to Promote Sustainable Development
Pakistan’s leading oil and gas exploration company, Oil & Gas Development Company Limited (OGDCL), announced...
Pakistan Refinery Advances Refinery Expansion with Strategic Talks in China
Pakistan Refinery Limited (PRL) is taking a significant step to enhance its refining capabilities through...
Uprise Group Bids for PIA Privatization
The Uprise Group has thrown its hat into the ring for the privatization bid for...
CCP approves Unity Foods acquisition by Singaporean firm
The Competition Commission of Pakistan (CCP) has granted approval to the share acquisition in Unity...
Government to Directly Assist Farmers with Fertilizer Subsidies
The government has unveiled a major policy shift to directly aid farmers by offering fertilizer...
SECP Introduces Amendments to Companies (Further Issue of Shares) Regulations 2020
The Securities and Exchange Commission of Pakistan (SECP) has announced a series of amendments to...
Federal Minister Khan Urges Urgent Privatization of 15 to 20 Public Entities
Federal Minister for Privatization & Board of Investment Abdul Aleem Khan emphasized the urgent need...
Pakistan Ministry Warns of $60B Petroleum Import Bill by 2044, Advances Iran-Pakistan Gas Pipeline Despite US Concerns
Pakistan’s Ministry of Energy has warned that without substantial investments in indigenous energy resources and...
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...
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...
Shell Predicts 50% Surge in Global LNG Demand by 2040
Global demand for liquefied natural gas (LNG) is projected to surge by over 50% by...
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...
OGDCL Unveils Major Crude Discovery, Achieves 1850 BPD Production Rate
The state-run Oil & Gas Development Company Limited (OGDCL) on Monday declared the discovery of...
BYD Surpasses Tesla in 2023: China’s EV Dominance Expands Globally
BYD surpassed Tesla to claim the title of the world’s largest electric car company in...
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...
US Light Vehicle Sales Surge 8.5% YoY in November
US Light Vehicle (LV) sales experienced an 8.5% year-on-year (YoY) growth in November, reaching 1.22...
Kohinoor Spinning and UAE-based company signs $8.2M Mineral Venture in Pakistan
The UAE-based conglomerate Nation Trust Holding (TNTH) has formalized an MoU with Kohinoor Spinning Mills...
PRL Inks Upgrade Agreement With OGRA
Pakistan Refinery Limited (PRL) has signed and executed the upgrade agreement with the Oil and...
PRL Signing Brownfield Policy Deal with OGRA Today
Pakistan Refinery Limited (PRL) is anticipated to finalize an agreement with the Oil and Gas...
KUFPEC and OGDCL Sign Strategic MoU for Exploration in Pakistan
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) and the Pakistani Oil and Gas Development Company...
Which country has the lowest insurance penetration globally?
Pakistan is the country where the insurance sector penetration (life and non-life) is less than...
Pakistan Appoints ‘Ernst & Young’ for PIA’s privatization
In accordance with International Monetary Fund (IMF) conditions advocating the privatization of state-owned entities, Pakistan...