CM Murad directs preparation of PPP Model for transforming Keti Bandar into major maritime, economic hub Says project must be developed in line with Budget 2026-27 announcement; envisages deep-sea port, economic corridor, industrial zones, energy hub and fisheries development KARACHI (Aug 15): Sindh Chief Minister Syed Murad Ali Shah on Saturday directed the Investment Department to prepare a comprehensive Public-Private Partnership (PPP) model for the development of Keti Bandar, in accordance with the vision of former prime minister Shaheed Mohterma Benazir Bhutto. Presiding over a meeting of the Investment Department…
Read MoreDay: August 15, 2026
NFEH Demands Urgent Restoration of Karachi’s Dug-Up Roads
NFEH Demands Urgent Restoration of Karachi’s Dug-Up Roads Karachi: President of the National Forum for Environment & Health (NFEH), Naeem Qureshi, has expressed grave concern and disappointment over the continued neglect of Karachi’s roads that were dug up for the laying of new gas pipelines, despite reports that more than Rs11 billion in road-cutting and restoration charges had already been paid in 2025 by the Sui Southern Gas Company (SSGC) to the Karachi Metropolitan Corporation (KMC), Town Municipal Corporations (TMCs), cantonment boards and other relevant civic authorities. In a strongly…
Read MoreToktogul Hydropower Shutdown Triggers Regional Blackout Across Central Asia
# Toktogul Hydropower Shutdown Triggers Regional Blackout Across Central Asia **BISHKEK:** The shutdown of two hydropower generators at Kyrgyzstan’s **Toktogul Hydropower Plant**, with a combined capacity of 600 MW, triggered a major power-system disruption across parts of Central Asia on August 14, causing outages in Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan. Kazakhstan’s power system operator, KEGOC, said the two generators were taken offline at around **14:37 local time**, resulting in an overload on the North–East–South transmission line. The disruption caused the southern zone of Kazakhstan to become separated from the country’s…
Read MoreFPCCI Warns Prolonged Transport Strike Is Deepening Economic Losses
# FPCCI Warns Prolonged Transport Strike Is Deepening Economic Losses **KARACHI:** Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh has warned that the nationwide transporters’ strike, now in its **10th day**, is causing mounting economic losses and severely disrupting the country’s supply chain. Sheikh said freight movement at ports had come to a near standstill, leaving imported goods stranded and making it increasingly difficult for exporters to meet delivery deadlines. The disruption has also triggered shortages of raw materials, forcing some industrial units to **curtail…
Read MoreCan Global Oil Stocks Withstand Another Six Months of War?
# Can Global Oil Stocks Withstand Another Six Months of War? The global oil market is facing a growing test of resilience as prolonged conflict continues to disrupt supplies and deplete inventories, raising concerns over whether available stocks can withstand another six months of war. The head of Saudi Aramco estimates that the world has lost around **2.6 billion barrels of oil supply** since the conflict began, making it the largest cumulative supply disruption on record apart from the 1979 Iranian Revolution, according to Reuters calculations. The lost supply is…
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