ISLAMABAD – The federal government government on Wednesday lowered price of petrol by Rs15.39 for May 2024, and the new rate stands at Rs273.1. The price of petrol, and diesel were lowered on the recommendation of Oil and Gas Regulatory Authority (OGRA). In a notification, the Finance Ministry said price of petrol move down up by Rs15.39 to Rs273.10 a liter, while that of diesel dropped by Rs7.88…
Read MoreDay: May 15, 2024
UBG Leaders Address Investor Challenges and Call for Government Action on Economic Stability
KARACHI (PR) – Leaders of the United Business Group (UBG), including Patron-in-Chief SM Tanveer, President Zubair Tufail, General Secretary (Sindh) Hanif Gohar, and Core Committee Member Syed Mazhar Ali Nasir, have highlighted the significant challenges faced by investors in Pakistan and called for robust government policies to ensure economic stability. In a discussion with a delegation of businessmen and industrialists,…
Read MoreIRENA to Monitor UAE Consensus Renewable Energy and Efficiency Goals, Announce Annual Report Series
Abu Dhabi – COP28 President Dr. Sultan Al Jaber has officially tasked the International Renewable Energy Agency (IRENA) with creating an annual report series to monitor and recommend actions on the UAE Consensus renewable energy and energy efficiency goals set at COP28. The UAE Consensus aims to triple renewable power capacity and double energy efficiency by 2030, key measures in…
Read MoreEmirates Group Announces Record-Breaking Financial Performance for 2023-24
The Emirates Group has reported its best-ever financial performance for the fiscal year 2023-24, achieving a record profit of AED 18.7 billion (US$ 5.1 billion), marking a significant 71% increase from the previous year. This achievement is complemented by record revenue and a record level of cash assets. Group revenue soared by 15% to an unprecedented AED 137.3 billion (US$…
Read MoreGoodWe Maintains BBB MSCI ESG Rating in 2023
GoodWe, a leading inverter manufacturer and smart energy solution provider, has received a ‘BBB’ rating in the latest MSCI Environmental, Social, and Governance (ESG) evaluation. According to the scorecard released by MSCI, GoodWe’s ESG performance in 2023 excelled in Opportunities in Clean Tech and Labor Management, evaluated in various aspects such as the clean tech innovation capacity, employee relations, strength…
Read MoreGoodWe Releases 2023 CSR Report, Marking a Year of Strengthening ESG Management
GoodWe, a global leader in solar inverter manufacturing and renewable energy solutions, has released its 2023 Corporate Social Responsibility (CSR) report, demonstrating its commitment to supporting the United Nation’s Sustainable Development Goals (SDGs). Released on April 26, 2024, the report highlights GoodWe’s efforts in corporate governance, product responsibility, sustainable operations, industry engagement, employee development, and community contributions. “The release of…
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