Day: August 11, 2026

OICCI Members Invest Over $23 Billion in Pakistan Over Past Decade

Admin
New-OICCI

OICCI Members Invest Over $23 Billion in Pakistan Over Past Decade **KARACHI:** Companies belonging to the Overseas Investors Chamber of Commerce and Industry (OICCI) invested more than **$23 billion in Pakistan over the past decade**, surpassing the country’s cumulative net foreign direct investment (FDI) inflows of around **$21 billion** during the same period, according to the OICCI’s *Members’ Contribution to the Economy 2025* report released on Monday. The report said the investment reflected the continued expansion of OICCI member companies, reinvestment of earnings and their contribution to Pakistan’s economy despite…

Read More

Qatar LNG Cargo Reaches Pakistan After Strait of Hormuz Disruption

Admin
LNG-2026

Qatar LNG Cargo Reaches Pakistan After Strait of Hormuz Disruption **ISLAMABAD:** Pakistan on Monday received a long-term liquefied natural gas (LNG) cargo from Qatar after the vessel carrying the shipment was forced to turn back from the Strait of Hormuz on July 31 amid heightened tensions in the Gulf. The LNG carrier **Al Areesh** berthed at the Pakistan GasPort Limited (PGPL) terminal at around 11:30am, delivering **141,550 cubic metres of LNG** under Pakistan’s government-to-government (GtG) agreement with Qatar, a senior government official told *The News*. The cargo is priced at…

Read More

Rooftop Solar Gains Appeal as High Power Tariffs Drive Consumers Towards Self-Generation

Admin
solar

Rooftop Solar Gains Appeal as High Power Tariffs Drive Consumers Towards Self-Generation **ISLAMABAD:** Rooftop solar, particularly under net-metering arrangements, is increasingly emerging as a financially attractive option for electricity consumers as high tariffs continue to put pressure on household budgets and businesses. Despite the government tightening regulations governing solar net metering because of its financial and operational impact on other consumers and the national grid, consumers who can afford the initial investment are increasingly turning to rooftop solar, net metering and off-grid solutions to reduce their dependence on conventional electricity.…

Read More

Policy Uncertainty Could Slow Pakistan’s EV Momentum

Admin
New-EV2

Policy Uncertainty Could Slow Pakistan’s EV Momentum **ISLAMABAD:** Pakistan’s drive towards cleaner and more energy-efficient transportation could lose momentum if uncertainty surrounding the country’s automotive policy persists, with industry stakeholders and policy experts urging the government to ensure continuity and predictability as the automobile market begins to recover. Experts believe the next automobile policy should be closely aligned with the **National Electric Vehicle (NEV) Policy 2025-30** to ensure consistency in incentives, investment decisions and implementation timelines. They stressed that a stable policy environment is essential not only for consumers but…

Read More

Goods, Oil Transporters’ Strike Continues as Talks Remain Deadlocked

Admin
New-Project291

Goods, Oil Transporters’ Strike Continues as Talks Remain Deadlocked **ISLAMABAD/KARACHI:** Negotiations between the government and striking goods and oil transporters remained inconclusive on Monday, with both sides maintaining their positions over fuel pricing, taxes, axle-load limits and toll charges. A fresh round of talks is scheduled for today as the government seeks to end the nationwide transporters’ strike, which has disrupted the movement of petroleum products, cargo and other goods. Oil tankers, edible oil tankers, trailers and goods transport trucks went off the roads on Friday night ahead of the…

Read More