Engineers plan solar panel implant for human retina to retain eyesight Researchers at the University of New South Wales (UNSW) in Australia are working on a new prototype device that can be implanted on the eye’s retina to restore sight. The device uses solar panels like those used to convert sunlight into electricity, a university press release said. While a…
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The Pakistan Stock Exchange (PSX) joined hands with UN Women, International Finance Corporation (IFC), CFA Society Pakistan (CFASP), and Women On Board (WOB) to mark International Women’s Day 2024 with a gong ceremony. This year’s theme, ‘Invest in Women: Accelerate Progress,’ resonated with eminent women leaders and professionals across various sectors, who participated in the event. The celebration included bell-ringing,…
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Prime Minister Shehbaz Sharif on Thursday set up a committee for transferring 10 power distribution companies (DISCOs) to provinces, which was not in line with last month’s decision of the Special Investment Facilitation Council (SIFC) that wanted to hand over those firms to the private sector. The PM gave the directive to constitute a review committee to consider the proposal…
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The Astora natural gas depot, the largest natural gas storage in Western Europe, in Rehden, Germany. REUTERS/Fabian BimmerAfter two years of turmoil, Europe’s energy crisis is over. Fears about a natural gas shortage in 2022 after Russia’s invasion of Ukraine have been transformed into a glut and worries about where to store all the extra gas in 2024. Regional storage…
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Annual summit in Abu Dhabi to accelerate COP28’s transition agreements and renewables pledge by bringing together industry leaders, policymakers, investment incubators, and world-class start-ups Event in the UAE capital will play key role in furthering COP28 resolutions along the road to reality, says Summit Director. Dubai, UAE – February 08, 2024: The recent COP28 in Dubai underscored the UAE’s global…
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WASHINGTON: The US State Department has conveyed a clear message to Pakistan’s new rulers, emphasising the importance of collaboration with the International Monetary Fund (IMF) and economic reforms for stability. In response to a set of questions from Dawn, a State Department spokesperson underscored the enduring partnership between the two nations, stating, “We value our long-standing partnership with Pakistan and have…
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KARACHI: Engro Fertilizers and other major fertilizer manufacturers are investing heavily worth $300 million in Gas Pressure Enhancement Facilities (PEF) project from Mari network to sustain domestic urea production levels and safeguard the food security of Pakistan. Talking to media, Ali Rathore, Chief Financial Officer, Engro Fertilizers, on Thursday said Engro Fertilizers and other major fertilizer manufacturers had initiated PEF…
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Islamabad, March 07, 2024: A comprehensive workshop aimed at developing a robust mechanism for tariff-based bidding of hydropower projects in Pakistan was arranged by Private Power and Infrastructure Board (PPIB) in collaboration with the Agence Française de Développement (AFD), France today in Islamabad. One of the key highlights of the event was sharing draft generic Request for Proposals (RFP) documents…
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Islamabad, March 8, 2024: Pakistan Petroleum Limited (PPL) has embarked on a significant milestone by signing a Memorandum of Understanding (MoU) with the Frontier Works Organization (FWO) to foster strategic cooperation and collaboration for the EL 207 Project situated in Eastern Chagai, Balochistan. This endeavor marks PPL’s proactive diversification into the mining sector, aimed at expanding and fortifying its presence…
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SINGAPORE: Oil prices held steady on Thursday, holding onto overnight gains after upbeat Chinese trade data and after U.S. data showed a smaller-than-expected rise in crude inventories and large draws in fuel stocks. However, expectations that U.S. interest rate cuts could be delayed capped gains. Brent crude futures slipped 8 cents to $82.88 a barrel by 0736 GMT, while U.S.…
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