Paid in Blood: Gaza Ceasefire Announced After 15-Month Conflict

Paid-Blood

DOHA: Palestinians celebrated on Wednesday as a ceasefire agreement between Israel and Hamas was announced, set to take effect on Sunday. Brokered by the United States and Qatar, the deal also includes a phased hostage and prisoner exchange after 15 months of conflict. Qatar’s Prime Minister, Sheikh Mohammed bin Abdulrahman Al-Thani, confirmed the agreement, expressing hope for a permanent peace. “The two parties have reached a deal on a prisoner swap, and mediators announce a ceasefire framework,” he said. At the White House, President Joe Biden described the negotiations as…

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Pakistan, China commit to top-notch CPEC 2.0

pakistan china

ISLAMABAD: Pakistan and China have reaffirmed their commitment to high-quality development of the China-Pakistan Economic Corri­dor (CPEC) 2.0, with emphasis on industrialisation, Spe­c­ial Economic Zones (SEZs), clean ene­rgy, agriculture and livelihood projects. This was agreed between the two sides in the 5th meeting of the CPEC Joint Working Group on Inter­nat­ional Coope­ration and Coordination (JWG-ICC) held in Beijing, the Foreign Office spokesperson said in a statement on Saturday. The meeting was co-chaired by For­eign Secretary Amna Baloch and Chi­nese Vice Foreign Minister Sun Weidong. The meeting acknowledged the pivotal role…

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Govt cuts tariff on charging stations by 45%: Awais Leghari

awais leghari

In a bid to improve electric vehicle (EV) charging infrastructure in Pakistan, the government has decided to cut the tariff for EV charging stations by 45%, announced Federal Minister for Energy Awais Ahmad Leghari on Wednesday. “We are striving to make EVs accessible to the masses. In this regard, the Power Division has taken a significant step. “The government has decided to reduce the electricity tariff for charging stations by 45%, lowering it from Rs71.10 to Rs39.40,” said Leghari, while addressing a press conference. Leghari said that due to high…

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OGDCL begins oil & gas production from Khairpur’s Kharo-1 well

oil and gas

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, commenced production of oil and gas from its Kharo-1 well located in Khairpur district, Sindh. The E&P shared this development in its notice to the Pakistan Stock Exchange (PSX) on Wednesday. “We are pleased to announce that Kharo-1 well has been successfully brought into production,” said OGDCL in its notice. The E&P shared that the Kharo-1 well is currently producing 20 barrels per day (bpd) of oil and 5.0 million standard cubic feet per day (mmscfd)…

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Power Division Announces 44% Discounted Tariff for Electric Vehicle Charging Stations

Charging-Stations

Islamabad: Under the leadership of Prime Minister Mian Muhammad Shehbaz Sharif, the government has announced a special discounted electricity tariff for electric vehicle (EV) charging stations. The tariff for these stations has been reduced from the current rate of 71 PKR per unit to 39.70 PKR per unit, marking a 44% reduction in electricity rates for EVs for the first time in the country’s history. In addition to the tariff reduction, the regulations for the establishment of electric vehicle charging stations and battery replacement points have also been implemented. The…

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