Why is HUBCO doubling down on Thar Coal?Â
A shakeup in the shareholding of the Sindh Engro Coal Mining Company is on the cards as HUBCO looks to have a bigger piece of the pie
Economists urge avoiding IMF, focus on amnesty as FATF puts Pak on grey list
ISLAMABAD: Despite concentrated efforts to avoid the inclusion, Pakistan has officially been placed on the Financial Action Task Force (FATF) 'grey list'Â on...
SNGPL board removes Ali Javed Hamdani as Managing DirectorÂ
The contract termination comes in light of serious allegations of malpractices, corruption and nepotism, which have plagued the company under his leadership
Oil strengthens ahead of G20 meeting, but supply rise caps gains
International benchmark Brent crude rose 27 cents, or 0.5 percent, to $59.03 a barrel, having dropped 2.4 percent on Wednesday to $58.76 a barrel
Blockchain empowers energy markets, as adoption widens
SINGAPORE: Â Energy startups have been using blockchain to power electricity sharing in microgrid trials from Texas to Tasmania for a year or...
US, EU investors interested in buying combined 9.59 percent stake in Meezan Bank
The other major shareholders in Meezan Bank are Islamic Development Bank and Pakistan Kuwait Investment Co
Rs838.88mn collected for Bhasha, Mohmand dams fund: SBP
ISLAMABAD: The fund dedicated to the construction of Diamer Bhasha and Mohmand dams has so far received over Rs839.88 million from various...
Pakistan to pay $5.6 million monthly interest in Karkey RPP case
Islamabad: Aside the hefty $700m penalty slapped by ICSID last month in connection with Karkey Karadeniz case, Pakistan will also be paying...
Shanghai Electric withdraws bid to acquire 66.4 percent of K-Electric
LAHORE:  A notification sent to Pakistan Stock Exchange (PSX) on Monday by K-Electric revealed Shanghai Electric Power Company Limited had withdrawn its offer to...
Sugar mills make billions by selling sugar to USC at higher prices
Sugar mills have pocketed billions of rupees by selling sugar to the Utility Stores Corporation (USC)at higher-than-prevailing market prices, causing heavy losses...
Punjab starts project to cultivate imported dates
MULTAN: The Punjab government’s Rs708 million ‘Diversification of High Value Cropping Through Promotion of Horticulture’ project aims to grow five top date...
Norwegian energy entity approaches Nepra seeking tariff approval for solar plants
KARACHI: A Norwegian energy entity is seeking tariff approvals for its 150 megawatts peak (MWp) solar plants from Nepra.
It has approached National...
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...
Chiniotis mean business!
Mushtaq Ahmad Yousufi, the greatest-ever Urdu language satirist, in one of his trademark quips said that Muslims of undivided India thrived only...
Govt’s negligence leading to lower exports: FPCCI
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concern over the declining trend in exports, which...