IT Industry’s Bigwigs Come Together for Annual Awards

Positioned as Pakistan’s premier AI-enabled awards, the initiative follows a highly transparent and merit-based judging process designed to recognize outstanding achievements across the nation’s rapidly growing technology sector. This year’s jury comprises seasoned professionals with deep expertise spanning software development, artificial intelligence, cybersecurity, digital transformation, enterprise technology, gaming, public sector innovation, and emerging technologies. Dr. Shoab A. Khan will serve as the Chief Judge, leading a prestigious panel of 14 Head Judges who represent leading technology companies, universities, and organizations from across the country. The esteemed lineup of Head Judges…

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Gunvor Group Welcomes Pakistan’s Petroleum Sector Deregulation, Eyes New Investment Opportunities

  The delegation comprised Mr. Shahb Richyal, Global Director Investment Portfolio, and Mr. Seth Thomas Pietras, Corporate Affairs Director. During the meeting, the Gunvor delegation appreciated the Government of Pakistan’s efforts towards deregulation of the energy market, noting that the opening up of the downstream market would enhance efficiency, competition and create new opportunities for international investors. The delegation expressed particular interest in Pakistan’s Refinery Policy, stating that the policy had opened new avenues for investment and cooperation. They also showed interest in the upcoming Bonded Storage Policy, terming it…

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Pakistan Moves to Create New Gateway for Global Oil Suppliers **ISLAMABAD:** Pakistan is moving to establish a new mechanism allowing international oil suppliers to import petroleum products into the country, store them in customs-bonded facilities and sell them to local oil marketing companies and refineries or re-export them, potentially strengthening energy security and positioning Pakistan as a regional petroleum trading hub. The Petroleum Division has forwarded its **168-page Policy Guideline on Import on Foreign Suppliers’ Account through Customs Bonded Storage Facilities-2026** to the Economic Coordination Committee (ECC) for approval. The…

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Tarbela Reaches Maximum Level as Pakistan’s Water Reserves Rise to 10.428 MAF

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Tarbela Reaches Maximum Level as Pakistan’s Water Reserves Rise to 10.428 MAF **ISLAMABAD:** Pakistan’s water storage position has improved significantly as Tarbela Dam reached its maximum conservation level of 1,550 feet, with stored water rising to 5.580 million acre-feet (MAF). The development pushed the total water stored in the country’s major dams and barrages to 10.428 MAF, against an overall storage capacity of 13.149 MAF. According to the latest data, total water inflows into the country stood at 342,400 cusecs, while outflows were recorded at 287,900 cusecs. The Indus River…

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Minister Calls for Recognition of Traditional Knowledge of Coastal Communities

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Minister Calls for Recognition of Traditional Knowledge of Coastal Communities **ISLAMABAD:** Maritime Affairs Minister Junaid Anwar has called for greater recognition of the traditional ecological knowledge held by coastal communities, saying it can play an important role in climate adaptation, marine conservation and sustainable fisheries. In a statement issued in connection with the International Day of the World’s Indigenous Peoples, observed on Sunday under the United Nations’ 2026 theme, **“Honouring Indigenous Midwives: Safeguarding Life and Well-being,”** the minister highlighted the importance of preserving traditional and indigenous knowledge systems and ensuring…

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