Engro, Excelerate Energy sign MoU to develop private RLNG sector in Pakistan

KARACHI:Engro Eximp FZE, a subsidiary of Engro Corporation on Wednesday declared signing of a memorandum of understanding with Excelerate Energy, Inc. relating to the development of a private sector gas marketing business in Pakistan. The latter is a leading provider of flexible LNG infrastructure solutions around the world. Under this MoU, both partners will jointly […]

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SBP enhance monitoring of foreign exchange operations

KARACHI:State Bank of Pakistan (SBP) increased monitoring of foreign exchange operations through inspection of exchange companies, banks and mystery shopping exercise. According to a statement issued here on Wednesday the action has been taken in view of recent volatility in the exchange rate and the difference between the interbank rate and the rate offered by […]

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Progress on industrial loans by PSIC reviewed

LAHORE:Provincial Industries and Commerce Department Secretary Dr. Ahmed Javed Qazi presided over a meeting to review progress of Punjab Small Industries Corporation (PSIC) on industrial loan schemes here at Civil Secretariat, on Wednesday. On this occasion, he said that thousands of people have benefited from the easy loan schemes of Punjab Small Industries Corporation. He […]

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Abrogation of articles 370, 35-A cannot dent Kashmiris’ struggle, says Faqeer Arain

BUREWALA:Parliamentary secretary on economic affairs MNA Chaudhry Faqeer Ahmad Arain said on Wednesday that abrogation of articles 370 and 35-A by India can neither alter facts nor dent the Kashmiris’ indigenous struggle for self determination. Talking to reporter, he said that three years ago India augmented its military presence to an unprecedented level in Indian […]

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Nation saddened by helicopter calamity in Balochistan: Senator Samina

QUETTA:Senator Samina Mumtaz Zehri on Wednesday expressed deep sorrow and grief over the loss of precious lives in the helicopter crash of Pakistan Army near Windar area of Balochistan. In her condolence statement, Central Vice President Balochistan Awami Party (BAP), Senator Samina Zehri said that she was saddened by the martyrdom of Commander 12 Corps […]

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‘Karwan-e-Aman’ constituted to promote love, brotherhood, reaches Kahuta

RAWALPINDI:‘Karwan-e-Aman’ constituted to promote love and brotherhood particularly during Muharram-ul-Harram, comprising of Rawalpindi district police officers and religious scholars reached Kahuta on Wednesday. The ‘Karwan’, comprising Qazi Abdul Rasheed, Allama Shaukat Jafari, Allama Qasim Ayub, Allama Izhar Bukhari, Zahid Kazmi, Syed Chiraguddin Shah, Saifullah Saifi, Maulana Iqbal Rizvi, Zahoor Elahi Qadri, Allama Kausar Abbas Qami […]

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Miftah presides over first meeting of spectrum auction advisory committee

ISLAMABAD:Federal Minister for Finance and Revenue Miftah Ismail Wednesday presided over the first meeting of spectrum auction advisory committee for improvement of mobile broadband services in Pakistan at Finance Division. Minister for Information Technology and Telecom Amin-ul-Haq, Minister of Economic Affairs Divison Sardar Ayaz Sadia, Minister for Commerce Syed Naveed Qamar, Minister for Power Khurram […]

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The minister said the ECP verdict in the prohibited funding case

The minister said the ECP verdict in the prohibited funding case had proved that the PTI was a foreign-aided party and “foreign agent”. The party received funds from both foreign nationals and foreign companies, and used the same not only to create anarchy and chaos in the country but also vitiated the political environment by […]

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