The government has unveiled a sweeping $55 billion blueprint to overhaul its power sector over the next decade, betting on hydropower, nuclear and renewables to…
View More Pakistan unveils $55B energy plan to boost renewables, cut imports
Category: Business
All about Business, economy, international economy, Pakistan economy.
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, marking the first government-to-government outsourcing of a major state asset…
View More Pakistan to Hand Over Islamabad Airport Operations to UAE Under G2G Deal
Pakistan, Russia Eye Local Insulin Production in Three Years
Pakistan is set to launch joint insulin production with Russia in a bid to curb reliance on costly imports and expand access to essential medicines,…
View More Pakistan, Russia Eye Local Insulin Production in Three Years
OGDCL Joins UN Global Compact to Promote Sustainable Development
Pakistan’s leading oil and gas exploration company, Oil & Gas Development Company Limited (OGDCL), announced Wednesday that it has officially joined the United Nations Global…
View More OGDCL Joins UN Global Compact to Promote Sustainable Development
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 its Refinery Expansion & Upgrade Project (REUP). Senior management from…
View More Pakistan Refinery Advances Refinery Expansion with Strategic Talks in China
Uprise Group Bids for PIA Privatization
The Uprise Group has thrown its hat into the ring for the privatization bid for the national flag career, Pakistan International Airlines (PIA), spearheaded by…
View More Uprise Group Bids for PIA Privatization
CCP approves Unity Foods acquisition by Singaporean firm
The Competition Commission of Pakistan (CCP) has granted approval to the share acquisition in Unity Foods company of Pakistan by four acquirers, including a Singapore-based…
View More CCP approves Unity Foods acquisition by Singaporean firm
Government to Directly Assist Farmers with Fertilizer Subsidies
The government has unveiled a major policy shift to directly aid farmers by offering fertilizer subsidies, bypassing traditional channels that often favor manufacturers over recipients.…
View More Government to Directly Assist Farmers with Fertilizer Subsidies
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 the Companies (Further Issue of Shares) Regulations, 2020, after extensive…
View More SECP Introduces Amendments to Companies (Further Issue of Shares) Regulations 2020
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 for privatizing 15 to 20 institutions amid the current economic…
View More Federal Minister Khan Urges Urgent Privatization of 15 to 20 Public Entities
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 energy efficiency measures, the nation could face a staggering annual…
View More Pakistan Ministry Warns of $60B Petroleum Import Bill by 2044, Advances Iran-Pakistan Gas Pipeline Despite US Concerns
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…
View More Competition Commission of Pakistan Approves Three KSA-Based Steel Sector Mergers
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…
View More Miracle Saltworks USA to Invest $200M in Himalayan Salt Venture in Pakistan
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 2040, driven by increasing industrial coal-to-gas transition in China, along…
View More Shell Predicts 50% Surge in Global LNG Demand by 2040
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…
View More PSO, ISGS, FWO Consortium Signs MoU for White Oil Pipeline
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 crude oil at the SONO-9 well, according to an official…
View More OGDCL Unveils Major Crude Discovery, Achieves 1850 BPD Production Rate
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 the final quarter of 2023, as per a stock exchange…
View More BYD Surpasses Tesla in 2023: China’s EV Dominance Expands Globally
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…
View More China Shipbuilding Dominance: Set to Retain Global Lead in 2024
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 million units, preliminary estimates reveal. The YoY surge, attributed to…
View More US Light Vehicle Sales Surge 8.5% YoY in November
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 Limited (KOSM) to establish a raw and value-added mineral venture…
View More Kohinoor Spinning and UAE-based company signs $8.2M Mineral Venture in Pakistan
PRL Inks Upgrade Agreement With OGRA
Pakistan Refinery Limited (PRL) has signed and executed the upgrade agreement with the Oil and Gas Regulatory Authority (OGRA) to upgrade its plants, the company…
View More PRL Inks Upgrade Agreement With OGRA
PRL Signing Brownfield Policy Deal with OGRA Today
Pakistan Refinery Limited (PRL) is anticipated to finalize an agreement with the Oil and Gas Regulatory Authority (OGRA) on Thursday, aligning with the ‘brownfield refinery…
View More PRL Signing Brownfield Policy Deal with OGRA Today
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 (OGDCL) have officially inked a Memorandum of Understanding (MoU), solidifying…
View More KUFPEC and OGDCL Sign Strategic MoU for Exploration in Pakistan
Which country has the lowest insurance penetration globally?
Pakistan is the country where the insurance sector penetration (life and non-life) is less than one percent of GDP, and its gross premium is only…
View More Which country has the lowest insurance penetration globally?
Pakistan Appoints ‘Ernst & Young’ for PIA’s privatization
In accordance with International Monetary Fund (IMF) conditions advocating the privatization of state-owned entities, Pakistan has chosen the British multinational firm ‘Ernst & Young’ as…
View More Pakistan Appoints ‘Ernst & Young’ for PIA’s privatization