Month: January 2025

KE organises awareness march, facilitation camp

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K-Electric

KARACHI: K-Electric hosted an awareness march as part of its Hum Qadam facilitation camp in Liaquatabad FC Area to address customer needs, including new connections, bill payments, meter installations, and other related issues. The facilitation camp aims to provide residents with convenient solutions to their electricity-related concerns while enhancing interaction between power utility and customers. KE organises over 40 ‘Customer Facilitation Camps’ since Jan Speaking at the inauguration ceremony, Chief Distribution and Marketing Officer Sadia Dada said, “Through Hum Qadam Scheme we will facilitate customers having outstanding dues and offer…

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EU 2024/25 soft wheat exports down

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wheat

PARIS: European Union soft wheat exports since the start of the 2024/25 season in July reached 12.18 million metric tons by Jan. 26, up compared to 11.74 million the previous week, but down 37% from a year earlier, European Commission data showed on Tuesday. However, the Commission said export data for Italy has been incomplete for the past seven weeks. For France, data has been incomplete since the beginning of 2024, while export data for Bulgaria and Ireland has been incomplete since the beginning of the 2023/24 marketing year. A…

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Oil prices dip as US crude inventories surge, tariff concerns loom

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Oil prices

Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus turned to potential U.S. tariffs on Canadian and Mexican imports. Brent crude futures were down 59 cents, or 0.76%, to $77.90 a barrel as of 0916 GMT, while U.S. crude futures had lost 55 cents, or 0.75%, at $73.22. The White House said on Tuesday that U.S. President Donald Trump still plans to issue 25% tariffs on Canada and Mexico on Saturday. “Crude prices keep dancing to the rhythm of…

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Nestlé Pakistan wins top Climate Champion Award at the 1st OICCI Climate Excellence Awards

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Nestle

KARACHI: Nestlé Pakistan’s efforts towards climate action, sustainability, renewable energy and regenerative agriculture were recognized at the 1st OICCI Climate Excellence Awards, as it won the top Climate Champion Award, held during the two-day 3rd Pakistan Climate Conference 2025. Chief guest at the conference Chief Minister Sindh Syed Murad Ali Shah, emphasized the importance of climate change and urged organizations to step forward and play a greater role with the government to mitigate this challenge. Acknowledging Nestlé’s role, the chief minister said, “While visiting the conference stalls I was glad…

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SIFC Proposal on Saudi Investment: High-Level Meeting on KE Issues Today

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K-Electric1

ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb has convened an inter-ministerial meeting on Wednesday (Jan 29) to discuss key issues related to K-Electric (KE), following a proposal by the Special Investment Facilitation Council (SIFC), which is addressing Saudi investment-related concerns. Key Issues on the Agenda:Generation tariff approval.Transmission, distribution, and supply tariff under review.KE’s Rs 68 billion write-off claims pending NEPRA verification.Shareholding dispute between Al-Jomaih and Asia Pak.Mediation agreements involving KE and government entities.The meeting will be attended by Power Minister Awais Leghari, Economic Affairs Minister Ahad Khan Cheema, SAPM on Power…

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