Author: Admin

Urgent Reforms Urged to Boost Exports and Avoid Another IMF Programme

Admin
New-IMF

Islamabad: A high-level committee constituted by the prime minister and led by Minister for Planning, Development and Special Initiatives Ahsan Iqbal has called for urgent structural reforms to improve the ease of doing business and rationalise energy tariffs and trade duties, warning that without decisive action Pakistan risks returning to another International Monetary Fund (IMF) programme. The committee was tasked with formulating a strategy to avoid a fresh IMF loan once the current $8.4 billion IMF arrangement expires at the end of 2027, amid persistent economic weaknesses. Its goal is…

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Mohammad Khalid Rehman Appointed Managing Director & CEO of Pakistan Petroleum Limited

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New-Project8

Karachi: Pakistan Petroleum Limited (PPL) has appointed Mohammad Khalid Rehman as its new Managing Director and Chief Executive Officer, effective January 10, 2026. A seasoned professional and long-serving member of the PPL team, Rehman succeeds to the top leadership role after serving as Chief Financial Officer (CFO) since April 27, 2022. Rehman joined PPL in 2009 and brings with him over three decades of national and international experience in finance, corporate planning and treasury operations. He began his career at PPL as Chief Accountant and went on to hold several…

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Global Renewable Energy Jobs Growth Slows Despite Record Installations: IRENA–ILO Report

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renewable-energy

Abu Dhabi, UAE / Geneva, Switzerland: Despite renewable energy installations reaching record highs, global employment in the sector showed its first notable slowdown, growing by just 2.3% in 2024 to reach 16.6 million jobs, according to the newly released Renewable Energy and Jobs – Annual Review 2025 by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO). The report attributes the deceleration in job growth to rising geopolitical and geoeconomic tensions, alongside increasing automation across renewable energy value chains, even as global deployment of clean energy technologies…

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IRENA Assembly Sets Ambitious Energy Transition Agenda for 2026

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New-IRENA

Abu Dhabi, United Arab Emirates: The 16th Assembly of the International Renewable Energy Agency (IRENA) will take place from January 10–12, 2026, in Abu Dhabi, marking the first major international energy gathering of the year. Held under the theme “Powering Humanity: Renewable Energy for Shared Prosperity,” the Assembly aims to galvanize global momentum and cooperation around an accelerated, inclusive energy transition. The high-level meeting will bring together around 1,500 ministers and senior delegates from IRENA’s 171 Member States, alongside CEOs, investors, international organizations and youth leaders, to shape a shared…

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FPCCI Hosts High-Level Consultative Session on Export Performance Govt and Private Sector Strategize for Economic Stability Atif Ikram Sheikh, President FPCCI

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New-Project7

KARACHI: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), today hosted a high-level “Consultative Session with Stakeholders on Export Performance” at Federation House, Karachi, aimed at formulating strategies to boost Pakistan’s exports and strengthen the national economy. The session was chaired by the Federal Secretary for Commerce, Mr. Jawad Paul, and attended by key government officials including Mr. Saif Anjum, Secretary Industries & Production, senior TDAP officials, and stakholder trade bodies. In his welcome address, Mr. Atif Ikram Sheikh, President FPCCI, emphasized…

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