Author: Admin

Karachi: Atif Ikram Sheikh, President FPCCI, is leading the Pakistani trade delegation to the United Kingdom to attend a Commonwealth program on 7th – 8th April. The strategic move aims to capitalize on the vast opportunities offered by the Commonwealth; which comprises of 56 countries with a combined GDP of over $13 trillion. Atif Ikram Sheikh will speak in the significant roundtable entitled “Standards and Regulation; Creating Competitive and Dynamic Regulatory Environments to Drive Growth.” FPCCI delegation will engage with British businesses, investors and government officials to explore avenues for…

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Engro Energy Limited (EEL), the parent company of Engro Powergen Qadirpur Limited (EPQL), has officially denied any breach of contract and terminated the share purchase agreement (SPA) for EPQL following the acquirer’s withdrawal. In a notice to the Pakistan Stock Exchange (PSX), EEL addressed the termination of the SPA signed with Liberty Power Holdings Limited and its consortium—Liberty Mills Limited, Soorty Enterprises, and Procon Engineering via Master Group of Industries—for the sale of EEL’s 68.9% shareholding in EPQL. The acquirers had initially issued a public announcement of intention on December…

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ISLAMABAD: Power Division spokesperson Zafaryab Khan on Sunday reaffirmed that the electricity relief package announced by Prime Minister Shehbaz Sharif is fully in effect, dismissing circulating reports denying its implementation as “false and misleading.” Speaking to a private news channel, Khan stated that claims of no change in electricity tariffs were baseless and aimed at creating public confusion. “Certain elements are deliberately spreading misinformation, distorting facts, and misrepresenting the government’s official stance,” he said. He clarified that the tariff cut—announced by the Prime Minister to ease the financial burden on…

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