Pakistan welcomes Japan Bank’s interest in Reqo Diq project, says Federal Minister for Petroleum Ali Pervaiz Malik in a meeting with JBIC Delegation

Japan Bank's interest

ISLAMABAD,August 28,2025 Federal Minister for Petroleum Ali Pervaiz Malik, held a meeting today with a delegation from the Japan Bank for International Cooperation (JBIC), led by Mr. Taro Kato, Director General of Mining and Metals Finance at JBIC. The meeting focused on strengthening bilateral cooperation in Pakistan’s mining and energy sectors, with particular emphasis on the landmark Reqo Diq project. Minister Malik expressed profound gratitude for Japan’s interest in Pakistan. “We are deeply grateful for the Japanese interest and confidence in investing in Pakistan’s economic potential,” the Minister stated. “The…

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National Energy Efficiency & Conservation Authority Brings Stakeholders Together on Energy-Efficient Pathways for Agricultural Resilience, From Floods to Food Security

National Energy Efficiency

August 28, 2025 (Islamabad, Pakistan) — The National Energy Efficiency and Conservation Authority (NEECA) convened a high-level roundtable to address the urgent need for energy efficiency in agriculture, particularly as recurrent flooding threatens both farmer livelihoods and national food security. The session gathered a diverse audience from federal and provincial government agencies, development sector organizations, research institutions, and the private sector. Among those who attended were Alam Zeb Khan, Additional Secretary, Ministry of National Food Security & Research, and other representatives from provincial departments from Khyber Pakhtunkhwa and Sindh, the…

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OIL & GAS DEVELOPMENT COMPANY LIMITED

OGDCL-New-logo

ISLAMABAD, August 29, 2025: Oil and Gas Development Company Limited, Pakistan’s largest exploration and production company, on Friday launched its new logo, “OGDC — the energy,” introducing a refreshed identity that reflects the company’s 65-year legacy of excellence and its beginning of “a new era of energy”. The new logo symbolises the company’s renewed commitment to its values and vision as it embraces a new era of growth, innovation, and responsibility towards a greater role in shaping Pakistan’s energy future. For 65 years, the company has been spearheading Pakistan’s energy…

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Mian Zahid welcomes new US reciprocal tariff framework

KARACHI: Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum, Chairman National Business Group Pakistan (NBG), has welcomed the new U.S. reciprocal tariff framework introduced under the “America First Trade Policy”. The new framework moves away from system of uniform trade rules toward country-specific tariffs. Pakistan secured a 19% reciprocal tariff on its U.S. exports, a diplomatic win compared to India’s 25%, plus another 25 percent as penalty for the purchases of Russian oil. In exchange, Pakistan will withdraw its 5% digital services tax and pursue a joint oil reserve…

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PM vows to provide facilities to Japanese investors

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday reaffirmed his government’s commitment to facilitating Japanese investment, highlighting promising opportunities in sectors such as agriculture, information technology, and textiles. During a meeting with Taro Kato, Director General of Mining and Metal Finance at Japan’s International Cooperation Bank, Sharif underscored Pakistan’s competitive labour market and the sustained support it receives from international investors for major development projects. The prime minister stressed the importance of deepening bilateral diplomatic and economic ties between Pakistan and Japan, describing the longstanding cooperation between the two countries in…

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