Petrol, diesel prices estimated to go down by Rs 13/litre during second half of December

ISLAMABAD: Per litre price of petrol is estimated to go down by Rs 13.10 and high-speed diesel (HSD) is expected to witness...

Saudi Aramco acquires 40% stake in Gas & Oil Pakistan Ltd. (GO) but why?

Deal to bring much-needed FDI into Pakistan, but what is in it for Saudi Aramco?

Gilgit Baltistan Council takes initiative for equitable utilization of USF funds

ISLAMABAD: In a move to address the absence of contributions from the Universal Service Fund (USF), Gilgit Baltistan (GB) has established its...

Power Division asks NEPRA to raise power tariff for KE consumers by Rs 1.71/unit

ISLAMABAD: The Power Division has requested the National Electric Power Regulatory Authority (NEPRA) to raise electricity price for the consumers of K-Electric...

Why can’t the government sell one of its most sellable assets?

Power plants are a coveted business opportunity in Pakistan. In the case of the Kot Addu-Muzaffargarh solar power plant, the government has botched it so badly that no one wants to go near it.

Pakistan set to launch 5G in July next year

Telecommunication tribunal and an action advisory committee for 5G will be formed within three weeks, says Dr Umar Saif

PM’s office questions why report regarding alleged unauthorised third-party gas sale by Konnect Gas still not submitted 

Unlicensed Konnect Gas allegedly involved in unlawful sale of unprocessed gas to CNG stations since 2020. 

Let there be LNG; China Chemical, and LNG-Flex get ball rolling with private LNG terminals 

CNCE and LNGFlex ink deal for R-LNG and VLNG terminals 

Lahore-based CodeNinja secures $1.6mn investment from sAi Venture Capital, partners

The investment will help CodeNinja expand its global presence and scale up its services

Ten years ago Chenab Limited defaulted on its loans. Now it looks towards second act

Once one of the country’s largest and proudest exporters, the Chenab Group is looking to chart its course back to the top with the backing of its largest creditor, HBL

Cement despatches decline by 2.12% in November on YoY basis

ISLAMABAD: Despite a net decrease in fuel prices, cement despatches experienced a 2.12% decline in November 2023, with total despatches amounting to...

Interloop acquires 64% stake in US firm Top Circle Hosiery Mills

Acquisition is part of Interloop's strategy to enhance its shareholders' value, strengthen its position in the global market, and contribute to its long-term sustainability.

OGRA notifies hike in RLNG prices for November

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has declared a notable increase in the prices of imported Re-gasified Liquefied Natural Gas...

OQ Trading submits lowest bid for one LNG cargo to be delivered in January 2024

ISLAMABAD: An international commodity supplier, the OQ Trading has submitted a lowest commercial offer of US$ 18.4600 per Million British Thermal Unit...
Iqbal Z Ahmed

Iqbal Z Ahmed makes bail in NAB case 

The Gas King has been granted bail along with five co-accused persons in the first hearing of the court.Â