KARACHI: K-Electric hosted an awareness march as part of its Hum Qadam facilitation camp in Liaquatabad FC Area to address customer needs, including new connections, bill payments, meter installations, and other related issues. The facilitation camp aims to provide residents with convenient solutions to their electricity-related concerns while enhancing interaction between power utility and customers. KE organises over 40 ‘Customer…
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PARIS: European Union soft wheat exports since the start of the 2024/25 season in July reached 12.18 million metric tons by Jan. 26, up compared to 11.74 million the previous week, but down 37% from a year earlier, European Commission data showed on Tuesday. However, the Commission said export data for Italy has been incomplete for the past seven weeks.…
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Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus turned to potential U.S. tariffs on Canadian and Mexican imports. Brent crude futures were down 59 cents, or 0.76%, to $77.90 a barrel as of 0916 GMT, while U.S. crude futures had lost 55 cents, or 0.75%, at $73.22. The…
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KARACHI: Nestlé Pakistan’s efforts towards climate action, sustainability, renewable energy and regenerative agriculture were recognized at the 1st OICCI Climate Excellence Awards, as it won the top Climate Champion Award, held during the two-day 3rd Pakistan Climate Conference 2025. Chief guest at the conference Chief Minister Sindh Syed Murad Ali Shah, emphasized the importance of climate change and urged organizations…
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ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb has convened an inter-ministerial meeting on Wednesday (Jan 29) to discuss key issues related to K-Electric (KE), following a proposal by the Special Investment Facilitation Council (SIFC), which is addressing Saudi investment-related concerns. Key Issues on the Agenda:Generation tariff approval.Transmission, distribution, and supply tariff under review.KE’s Rs 68 billion write-off claims pending NEPRA verification.Shareholding…
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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have signed a Memorandum of Understanding (MoU) to advance Pakistan’s energy sector with a focus on regulatory improvements and renewable energy integration. The agreement was signed by Nepra Registrar Waseem Anwar Bhinder and GIZ Cluster Coordinator for Energy and Climate, Wolfgang Hesse. Under the MoU,…
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KARACHI – The 4th AlBaraka Forum Regional Conference, held at Marriott Hotel, Karachi, successfully explored the transformative role of Sukuk in driving sustainable economic growth. Organized by the AlBaraka Forum for Islamic Economy in collaboration with the Islamic Chamber of Commerce and Development (ICCD) and with Al Baraka Bank Pakistan as the platinum partner, the event centered around the theme…
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KARACHI: The State Bank of Pakistan (SBP) has granted the country’s first digital retail bank licence to Easypaisa Bank, formerly Telenor Microfinance Bank Ltd, allowing it to commence commercial operations. At a ceremony held at the SBP, Governor Jameel Ahmad awarded the licence, highlighting the bank’s potential to drive financial innovation, expand financial inclusion, and provide affordable digital banking services.…
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MULTAN: A tragic LPG fire and explosion near the Industrial Estate in Multan has claimed multiple lives and caused extensive property damage. The incident was triggered by the illegal transfer of LPG from a bowser to cylinders at an unauthorized facility, where CO₂ was also being mixed with LPG. According to preliminary findings, prolonged LPG leakage led to the accumulation…
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Pakistan Peoples Party Chairman, Bilawal Bhutto, while highlighting Sindh’s unmatching potential in the energy sector has underlined the need for increased private investment in Sindh’s solar and wind clean power sectors.Criticizing the determination of electricity tariffs in Islamabad without consulting the business community or the provincial government, he called it a major issue, adding, “It is you and I who…
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