Seven PMs to gather in islamabad for SCO submit
Read MoreSeven PMs to gather in Islamabad for SCO
Category: Highlights
PPL awarded best Petroleum Company by FPCCI
Karachi, October 12, 2024: Pakistan Petroleum Limited (PPL) has been conferred the Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Best Performance Excellence Award on its outstanding performance in the Petroleum Sector. The Honourable President of Pakistan Mr. Asif Ali Zardari presented the award to Syed Mahmood ul Hassan General Manager Shared Services, PPL at FPCCI’s 12th Achievement Awards…
Read MorePakistan and Saudi Arabia Strengthen Economic Ties with $2.2 Billion MoUs Across Multiple Sectors
Islamabad, Pakistan — Pakistan and Saudi Arabia solidified their strategic partnership with the signing of 27 Memorandums of Understanding (MoUs) valued at $2.2 billion. These agreements span a wide array of sectors, including industry, agriculture, IT, education, health, petroleum, mining, energy, and food. The MoUs were signed during a high-profile visit by Saudi Arabia’s Minister of Investment, Sheikh Khalid Bin…
Read MoreSaudi Kingdom’s Vision 2030 ties seamlessly with Pakistan’s economic vision, Dr Musadik Malik
Federal Minister for Petroleum Dr Musadik Malik addressing the Pak-Saudi business forum 2024 gave an overview of the investment opportunities. He said that historically we have had ties in traditional areas and formidable friendship. Now we would like to transition from friendship to a journey of growth and development and become partners. We have started thinking now in terms of…
Read MoreNBP Partners with Huawei to Establish National Cloud Data Center
Karachi – October 10, 2024 National Bank of Pakistan has signed a MoU with Huawei Technologies Pakistan (PVT) to develop a state-of-the-art National Cloud Data Center. The MoU was formalized during the Huawei Connect 2024 Global Conference. This collaboration aims to strengthen NBP’s digital infrastructure by deploying cutting-edge cloud services in a Tier-3 certified data center. Huawei will provide dedicated…
Read MorePakistan to Import 12,000 MW of Solar Panels as Part of Renewable Energy Push
ISLAMABAD: Pakistan is set to import 12,000 megawatts of solar panels this year as part of its efforts to increase reliance on renewable energy, the Senate Standing Committee on Climate Change revealed during a meeting chaired by Senator Sherry Rehman. The committee discussed the Pakistan Trade Control of Wild Fauna and Flora (Amended) Bill 2024, with PPP Senator Shahadat Awan…
Read MoreKarachi’s Business Leaders Demand Immediate Action on Deteriorating Infrastructure
KARACHI: Economists, architects, traders, and business leaders have urged the Chief Justice of the Sindh High Court (SHC) and the Sindh government to address the city’s crumbling infrastructure, overflowing sewerage, and rampant pollution, which have severely impacted business districts and markets. Speaking to The Express Tribune, they criticized the city’s governing bodies, including the Karachi Metropolitan Corporation (KMC) and other…
Read MoreIndian Billionaire Ratan Tata Passes Away at 86
Ratan Tata, the former chairman of the Tata Group, who transformed the Indian conglomerate into a global powerhouse through a series of landmark acquisitions, passed away at the age of 86. The Tata Group announced his death in a statement on Wednesday. Sources had earlier confirmed that Tata had been in intensive care at a Mumbai hospital. After earning a…
Read MoreHigh-level Saudi business delegation arrives in Pakistan on three-day visit
PM Shehbaz had earlier stated that he expected agreements worth $2 billion to be signed A high-level delegation of Saudi investors, led by Minister of Investment Khalid bin Abdulaziz Al-Falih, arrived in Pakistan on Wednesday on a three-day visit, amid Islamabad’s expectations that the two countries will sign bilateral agreements worth $2 billion. Federal Ministers Musadik Malik, Jam Kamal Khan,…
Read MorePPL/ PPL ASIA and Midland Oil Company (MdOC) reach amicable settlement on Block-8 in Baghdad, Iraq, on October 6, 2024
Karachi, October 7, 2024: The settlement between Pakistan Petroleum Limited (PPL) Asia E&P B.V., a subsidiary of PPL, and Midland Oil Company (MdOC) marks the conclusion of their Exploration, Development and Production Service Contract (EDPSC) for Block-8, Iraq, which expired in May 2022. Efforts to resolve the lingering settlement from 2022 involved addressing longstanding disputes and claims between the parties.…
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