National Action Plan for Sustainable Energy for All draft to be finalised

ISLAMABAD: Ministry of Planning, Development and Reform organised a two-day meeting of the Review Committee to finalise draft on National Action Plan...

Private sector investment to change fate of Tharis billion-dollar projects

KARACHI: Private sector investment, particularly the development of billion-dollar coal projects in Tharparkar will certainly change the fate of its residents. Sindh Engro...

Jahangir Siddiqui “pre-qualified” to acquire 100pc stake in Quaid-e-Azam Solar Power

LAHORE: A bourse filing Wednesday by Jahangir Siddiqui and Co (Ltd) disclosed it has been pre-qualified by the Punjab Privatization Board (PPB)...

EU banks will be allowed to operate normally in UK, post Brexit: BBC

LONDON: The Bank of England will allow European banks to continue selling their services in the United Kingdom without having to create...

WB approves $825mn loan to support power transmission, health, education

ISLAMABAD: The World Bank (WB) on Monday approved an $825 million funding for Pakistan to bolster its electricity transmission and distribution network,...

CCI meeting convened to address energy grievances of provinces

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi convened an extraordinary meeting of Council for Common Interests (CCI) for addressing provinces concerns over ‘non-implementation’...

Ten Rs25 billion SEZ projects face delays, threatens investment

ISLAMABAD: Over ten projects of Rs25 billion in various sectors like automobile, auto parts, steel and pharma have been marred by delays...

Oil refineries “frozen”, as government’s ill-planning causes headaches

KARACHI: Unabating operational crisis being faced by oil refineries across the country sees no end, as governments inefficiency, ill-planning and recent poor...

North-South pipeline set to receive financial backing from China’s Silk Road Fund

ISLAMABAD: Russia beset by sanctions, struggles to implement $2 billion North-South gas pipeline in Pakistan, a benefactor in shape of Shanghai-based Silk...

Oil prices touch $64 a barrel, as North Sea pipeline issues continue

NEW YORK: Oil edged up toward $64 a barrel on Tuesday, helped by a North Sea pipeline outage, OPEC-led supply cuts and...

Jalal Sikandar made Secretary Petroleum Division

ISLAMABAD: Mohammad Jalal Sikandar Sultan, a BS 22 officer of Pakistan Administrative Service, has assumed the charge of the post of Secretary...

No match to China, India

Ever wondered why some fabrics feel smooth as silk to touch while others are abrasive against one’s skin? Ever chose a dress...

“Abracadabra – you, too, are now Pakistan’s best performing CEO”

As with most things in Pakistan even recognition and accolades are controversial. One can argue the more subjective of these awards are...

Oil prices remain unchanged, as markets remain stagnant

SINGAPORE: Oil markets were stable on Monday, hovering around Friday’s levels as a lack of conclusive market indicators prevented prices from swinging...

Pakistan LNG Terminal, MD Azam Soofi reportedly sacked

ISLAMABAD: Pakistan LNG Terminal Limited (PLTL), Managing Director Azam Soofi has been reportedly dismissed from his post on December 15th, by the...