ISLAMABAD: China-Pakistan Economic Corridor (CPEC) projects have not only remained unscathed by the Covid-19 pandemic but Pak-China bilateral cooperation has increased during this period, officials and think tank representatives said on Thursday. They were speaking at a webinar on ‘New Opportunities and Challenges of China-Pakistan Cooperation in the Post-Epidemic Era’, which was participated in by experts of Chinese and Pakistani…
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The thunderstorms and gusts of winds before heavy rainfall are expected in the metropolis between July 26 and July 27. Photo: FilePakistan Meteorological Department (PMD) on Friday predicted the third spell of monsoon in Karachi where thunderstorms and gusts of winds before heavy rainfall are expected in the metropolis between July 26 and July 27. According to the met department…
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Chief Executive Officers (CEOs) of multiple petroleum companies nominated in the petrol crisis case have refused to appear before the investigation team carrying out the probe. According to details, a district and sessions court in Karachi is hearing a case on the recent artificial shortage, hoarding, and black marketing of petroleum products. The FIR of the case was lodged in…
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The world is coming together on renewable energy. Trust in technology such as solar and wind power generation is increasingly reflected in the investment it receives from governments around the globe. In the UK, fairness to the consumer and affordability are at centre stage as the country look to eradicate fuel poverty on the road to a zero-carbon future. The…
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ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Thursday approved increase in electricity tariffs of Discos for five months and reduction for three months under monthly fuel price adjustment mechanism to be passed on to consumers in August and September 2020. For November, 2019, Nepra approved an increase of Re 0.9824 per unit with positive financial impact of Rs 7.082…
Read MoreThe Sindh High Court (SHC) on Friday directed the K-Electric (KE) to end unscheduled load-shedding and remove illegal connections from across the city. A two-member bench, comprising Justice Khadim Hussain M Shaikh and Justice Arshad Hussain Khan, was hearing a plea seeking the disconnection of illegal connections and an end to power cuts in exempted areas. Justice Shaikh observed that…
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The world’s largest oilfield services provider, Schlumberger (NYSE:SLB), reported on Friday a second straight quarterly loss on the back of a dramatic revenue slump in U.S. shale and asset impairment charges in what “has probably been the most challenging quarter in past decades,” as CEO Olivier Le Peuch said. The company also announced it would get rid of 21,000 jobs…
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Ukraine’s state-held gas firm Naftogaz is reportedly opposed to the pricing formula for U.S. liquefied natural gas (LNG) it could receive under a long-term contract, while there isn’t enough infrastructure ready to ship American LNG from Poland into Ukraine, analysts have told DW. The U.S. is eager to supply its LNG to central and eastern European markets, especially Poland and…
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KARACHI: Sindh Chief Minister Syed Murad Ali Shah has decided to acquire the Metropole Hotel land to prevent the construction of a high-rise on its place and instead develop a modern park for children and elderly people. He also decided to acquire a portion of the Sindh Club on the corner for widening of the left turning of the road…
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Karachi / Dubai: July 24, 2020 – Emirates customers can travel with confidence, as the airline will cover medical expenses of up to EUR 150,000 and quarantine costs of EUR 100 per day for 14 days, should they be diagnosed with COVID-19 during their travel, while they are away from home. This cover is provided by the airline, free of…
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