Author: Admin

ISLAMABAD: Pakistan and the United Arab Emirates have reaffirmed their commitment to strengthening bilateral cooperation across multiple sectors during UAE President Sheikh Mohamed bin Zayed Al Nahyan’s first official visit to Pakistan on the invitation of Prime Minister Shehbaz Sharif. President Sheikh Mohamed was accorded a warm welcome, including an escort by JF-17 fighter jets, and held extensive talks with Prime Minister Shehbaz Sharif. The discussions focused on deepening fraternal relations and expanding collaboration in trade, investment, energy, infrastructure, information technology and people-to-people exchanges. Both sides underscored the need to…

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ISLAMABAD: The United States has approached Pakistan to explore the sale of American locomotives and deepen cooperation in mineral exploration and extraction, government sources revealed. The discussions took place during Finance Minister Muhammad Aurangzeb’s visit to Washington on the sidelines of the IMF annual meetings in October. US officials expressed interest in supplying locomotives to Pakistan Railways and offered collaboration on assessment studies to determine Pakistan’s mineral reserves, followed by fast-tracked extraction agreements. Sources said US officials also sought favourable consideration of Starlink’s licence to provide high-speed internet in remote…

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Khyber Pakhtunkhwa Chief Minister Sohail Afridi has taken a decisive and forward-looking step to strengthen the province’s energy sector by appointing renowned hydropower expert Engineer Anwar-ul-Haq as the new Chief Executive Officer of the Khyber Pakhtunkhwa Energy Development Organization (PEDO). The appointment, personally expedited by the Chief Minister, reflects his strong commitment to achieving energy independence—viewed as a cornerstone for industrial growth, economic stability, and public welfare in the province. The move aims to accelerate the completion of key hydropower projects and ensure the supply of affordable electricity to households…

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CHICAGO: Surging electricity demand from artificial intelligence (AI) data centres is forcing the United States to rely increasingly on ageing, polluting “peaker” power plants, reversing years of progress toward retiring fossil-fuel-based generation. In Chicago’s Pilsen neighbourhood, the oil-fired Fisk power plant — once slated for retirement in 2026 — will now continue operating after power prices soared in the PJM Interconnection, the country’s largest electricity market. Demand from data centres has outpaced available supply, making rarely used peaker plants suddenly profitable. “We believe there’s an economic case to keep them…

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