WASHINGTON/ISLAMABAD: Pakistan and the United States have reaffirmed their commitment to strengthening bilateral relations, with both sides emphasizing the need to develop an “economically entrenched strategic partnership.” The development came during a meeting between S. Paul Kapur, the newly appointed US Assistant Secretary of State for South and Central Asian Affairs, and Ambassador Rizwan Saeed Sheikh of Pakistan at the State Department. The meeting marked Kapur’s first high-level engagement with Pakistan’s envoy since assuming office on October 22. Ambassador Sheikh described the discussion as cordial and forward-looking, noting that both…
Read MoreYear: 2025
Reon, Telenor Form Strategic Alliance to Drive Clean Energy Transformation in Telecom Sector
ISLAMABAD: Reon Energy Limited achieved a major milestone at the Energy Finance Forum held at Marriott Hotel, Islamabad, by announcing a strategic alliance with Telenor Pakistan. The event, organized by Reon Energy, gathered thought leaders, financial experts, and industry pioneers to deliberate on the evolving energy landscape and the crucial role of innovation, finance, and technology in accelerating Pakistan’s sustainable energy transition. Under this partnership, Reon Energy and Telenor Pakistan will jointly explore Energy-as-a-Service (EaaS) opportunities designed specifically for the telecom sector. The initiative underscores both companies’ shared vision of…
Read MoreRomania Celebrates 107th National Day in Karachi with Pakistan Romania Business Council
Karachi, Romania marked its 107th National Day with a vibrant celebration at the Mövenpick Hotel in Karachi, in collaboration with the Pakistan Romania Business Council (PRBC). The event commemorated 61 years of diplomatic ties between Romania and Pakistan, highlighting cultural richness, enduring partnerships, and mutual respect. Attendees enjoyed a showcase of Romanian heritage through performances, exhibitions, and networking sessions, fostering stronger bilateral bonds in trade, culture, and diplomacy. This gathering served as the kickoff to the inaugural “Romanian Culture Days in Pakistan – Culture Bridges Nations,” a month-long series of…
Read MorePMO Directs Power Division, AGP to Protect Pakistan’s Interests in Halmore Arbitration Case
ISLAMABAD: The Prime Minister’s Office (PMO) has instructed the Power Division and the Attorney General for Pakistan (AGP) to take urgent and proactive measures to safeguard the government’s interests in the international arbitration initiated by M/s Halmore Power Company, sources told Business Recorder. According to officials, the directives were issued through a formal communication by Syed Hamid Ali, Additional Secretary-II (O/B) at the PMO, following a Notice of Arbitration filed by Mian Karim-ud-Din, owner of the 225MW Halmore Power Company, before the London Court of International Arbitration (LCIA). The case…
Read MoreOGRA Conducts Public Hearing to Review and Revise RLNG Prices After Court Order
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Thursday held a public hearing to review and revise Regasified Liquefied Natural Gas (RLNG) prices set over the past decade, following litigation and widespread protests from industrial and CNG consumers over retrospective billing amounting to nearly Rs150 billion. The hearing, held at the Sui Northern Gas Pipelines Limited (SNGPL) head office, was conducted in compliance with directions from the Lahore High Court, Multan Bench, issued in a writ petition dated October 11, 2025. The court had instructed OGRA to provide all…
Read More