Year: 2020

Mansehra-Thakot Expressway of CPEC is open for traffic: Chairman CPEC authority

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ISLAMABAD: China Pakistan Economic Corridor (CPEC) Authority Chairman and SAPM on Information and Broadcasting Lt Gen (R) Asim Saleem Bajwa Tueasday said that Mansehra-Thakot Expressway had been opened for traffic. In a message, he said that constructed with the cost of 136 billion, the 80-kilometer, two-way Mansehra-Thakot Expressway is extension of 40 km Havelian-Mansehra four-lane Motorway. He said that the CPEC had been making progress and so was Pakistan. Highway police and toll staff had been deployed, adding that decision had been taken to add the cost of Security in…

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I Recently Discovered How To Refrigerate Any Room In My House In Under 5-Minutes, WITHOUT Using My Home’s Costly AC

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FOR THE PAST FEW YEARS, THE AIR CONDITIONER INDUSTRY HAD JUST 3 BIG COMPANIES THAT COULD SET ANY PRICES THEY WANTED AND KEPT RIPPING OFF CUSTOMERS.A genius startup is turning this $135 billion dollar AC industry on its head. The company called Blaux has figured out a way to offer a far superior product (even the biggest tech experts agree) at a fraction of the price.With the national weather services reporting that it is going to be a SUPER HOT SUMMER, maybe one of the hottest for decades. Their new…

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Fed govt plans to sell shares of OGDCL, other petroleum companies

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ISLAMABAD: Federal Minister for Privatization Muhammad Mian Somroo on chaired a meeting of the privatization board and mulled over selling shares of Oil and Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL) and Mari Petroleum Company Limited, ARY NEWS reported. The meeting mulled over the divestment plan for the three companies while deferred a plan to sell shares of Pakistan Engineering Company Limited (PECO) by August 20 and decided to move ahead on it after consultations with industries and commerce ministry. The meeting headed by Muhammad Mian Somroo mulled over…

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PSO’s shareholding in PRL increases to 63.56%

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July 29, 2020 (MLN): Pakistan State Oil (PSO) has paid an amount of Rs. 224,590,280 to Pakistan Refinery Limited (PRL) for the subscription of 22,459,028 shares which remained unsubscribed as part of the right issue made by the latter. This is in addition to PSO’s subscription of its own 60% portion of Right Shares in PRL. As a result of the aforementioned acquisition, PSO’s shareholding in PRL has increased from 60% to 63.56%. PSO now holds 378,000,000 ‘Class B’ shares and 22,459,028 ‘Class A’ shares in PRL. It is pertinent to…

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Tania Aidrus was sacked, did not resign

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ISLAMABAD: Tania Aidrus, special assistant to the prime minister on e-governance and head of the much-touted Digital Pakistan Vision initiative, has announced to resign from her post citing recent criticism levelled against her and the government due to her dual nationality. Sharing the signed resignation letter on her Twitter page, she wrote, “Criticism levied towards the state as a consequence of my citizenship status is clouding the purpose of Digital Pakistan. In the greater public interest, I have submitted my resignation from the SAPM role. I will continue to serve my…

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