Author: Admin

Strategic Direction of the Economy Discussed FPCCI Welcomes Appointment of Asif Inam as Chairman SSGC Atif Ikram Sheikh, President FPCCI

Admin
New-FPCCI

Karachi: Atif Ikram Sheikh, President has welcomed the appointment of Asif Inam, VP FPCCI, as the Chairman Sui Southern Gas Company Limited. The appointment of Asif Inam as Chairman of SSGC Board brings a critical consumer-centric perspective to the utility’s governance; bridging the long-standing gap between energy providers and the industrial base they serve. Atif Ikram Sheikh added that as a seasoned industrialist and current Vice President of FPCCI, Inam possesses deep, first-hand expertise in the energy challenges crippling Pakistan’s export sectors. His leadership profile is unique; he combines the…

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Pakistan Airports Authority Begins Phased Introduction of Electric Vehicles at Airports

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electric-vehicles

Karachi: The Pakistan Airports Authority (PAA) has launched a phased induction of Electric Vehicles (EVs) across its airports as part of a broader strategy to promote environmental sustainability and modernize airport operations. In the initial phase, EVs are being deployed for selected airside operations, marking the start of a gradual shift away from conventional Internal Combustion Engine (ICE) vehicles. This step-by-step approach is designed to reduce carbon emissions, lower operational costs, and enhance efficiency, while maintaining operational continuity and safety. The initiative underscores PAA’s commitment to adopting environmentally responsible technologies…

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Soaring Utility Bills Push Pakistani Families to Cut Food Spending, Gallup Finds

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New-Project25

ISLAMABAD: Rapidly rising electricity and gas bills have become the single biggest strain on Pakistani household budgets, forcing families to reduce spending on food to cope with escalating utility costs, according to a new analysis by Gallup Pakistan. The report, titled “Are Pakistanis Eating Less to Afford Electricity and Gas?”, was released on Tuesday and draws on a 20-year comparison of household consumption patterns using data from the government’s Household Integrated Economic Survey (HIES). The findings point to a major structural shift in household spending. Between 2005 and 2025, the…

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Gulf Investors File $2bn Arbitration Case Against Pakistan Over K-Electric Dispute

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K-Electric

ISLAMABAD: Saudi and Kuwaiti investors in K-Electric have launched a USD 2 billion international arbitration case against Pakistan, sharply escalating a long-running dispute involving regulatory intervention, unpaid government dues and the prolonged blockage of a USD 1.77 billion sale of the country’s largest private power utility. The arbitration was initiated on January 16, 2026, when London-based law firms Steptoe International (UK) LLP and Omnia Strategy LLP, acting on behalf of the investors, submitted a Notice of Arbitration under the OIC Investment Agreement and the UNCITRAL Arbitration Rules, formally naming the…

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CDA Plans to Deploy Drones for Firefighting in Islamabad’s High-Rise Buildings

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New-CDA

ISLAMABAD: The Capital Development Authority (CDA) has announced plans to introduce modern firefighting techniques, including the use of drones, to enhance its response to fire incidents in high-rise buildings across the federal capital. The decision was taken at a high-level meeting chaired by CDA Chairman and Islamabad Chief Commissioner Muhammad Ali Randhawa at the authority’s headquarters to review fire safety arrangements and emergency preparedness for tall and sensitive structures. The meeting was attended by CDA Member Finance Tahir Naeem, Member Planning and Design Dr Khalid Hafiz, Deputy Commissioner Islamabad Irfan…

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