SNGPL to lay 38 km pipeline for boosting gas supply to Hayatabad industrial estate
ISLAMABAD:Â The Sui Northern Gas Pipelines Limited (SNGPL) will start construction work on the 38-kilometer Darra Adamkhel to Hayatabad pipeline during the current...
Guddu power plant set to be converted into AGP technology
LAHORE: Guddu combined-cycle power plant is all geared up to be upgraded to Advance Gas Path (AGP) technology which would massively reduce...
Unbundling of Sui gas companies hits snags
ISLAMABAD: The proposed unbundling of Sui gas companies appears to have hit snags, as it seems the gas sector reforms would be...
Oil prices jump, as U.S drilling activity falls
SINGAPORE: Oil markets climbed on Monday on the back of a drop in the number of U.S. rigs drilling for more production...
Rs7 billion investment expected from OMCs for establishment of storage infrastructure
KARACHI: An estimated Rs7 billion investment is expected over the next three years from upcoming oil marketing companies (OMCs) for establishment of...
Cash is far from dead and use is rising: BIS
LONDON (Reuters): Even though more people now use cards, mobile phones or even facial recognition technology to pay street performers, buy pizza...
Construction of petrochemical park at Gawadar starts
ISLAMABAD: Balochistan government and Chinese consortium signed a Memorandum of Understanding (MoU) for another CPEC project of construction of Petro-Chemical Park at...
S. Arabia places order of 48 Typhoon jets with BAE Systems
LONDON: Britain has signed a multi-billion-pound preliminary order from Saudi Arabia for 48 Eurofighter Typhoon fighter jets, military equipment maker BAE Systems...
Macron pledges 700 million euros for new solar projects in developing countries
NEW DELHI: French President Emmanuel Macron on Sunday pledged hundreds of millions of dollars for solar projects in developing countries, as world...
ICCI demands to form reconciliation committee to resolve rent disputes
ISLAMABAD:Â Islamabad Chamber of Commerce and Industry (ICCI) Senior Vice President Muhammad Naveed has urged the government to form a reconciliation committee under...
Elon Musk frustrated with China’s trade policy, partly agrees with Trump
WASHINGTON: US President Donald Trump has spent the last week railing against trade policies that allegedly put the US companies at a...
Trade war with US to devastate global economy: China
BEIJING: China’s commerce minister said on Sunday that Beijing and Washington are still holding economic talks. He warned that a trade war would harm...
Customs get high-speed patrol boats to stop smugglers
KARACHI:Â Adviser to Prime Minister on Finance and Economic Affairs Dr Miftah Ismail on Saturday said construction of high-speed Fibre Reinforced Plastic (FRP)...
Pakistan Iran business forum to be held in Karachi
ISLAMABAD: While there still are many stumbling blocks in improving trade between Iran and Pakistan, a high powered business delegation of Iran...
Goldman Sachs chief Blankfein to retire soon
NEW YORK: Longtime Goldman Sachs chief executive Lloyd Blankfein is in talks to retire and has been contributing to the bank’s choice...