ISLAMABAD: Germany has proposed a new climate information initiative aimed at enhancing Pakistan’s data management systems and promoting evidence-based climate decision-making during a high-level meeting in Islamabad. The proposal was discussed during a meeting between German Ambassador to Pakistan Ina Lepel and Federal Minister for Climate Change and Environmental Coordination Musadik Malik. According to an official statement, the ambassador highlighted ongoing cooperation between Germany and Pakistan’s Ministry of Climate Change, particularly through GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit). Current collaboration focuses on climate adaptation and resilience, emission reduction strategies, institutional…
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US Backs Pakistan’s Right to Self-Defence as Operation Ghazab lil-Haq Intensifies
ISLAMABAD: The United States has expressed support for Pakistan’s right to defend itself amid escalating tensions and cross-border attacks attributed to the Afghan Taliban. US Under Secretary of State for Political Affairs Allison Hooker stated on X that she had spoken with Pakistan’s Foreign Secretary to convey condolences over lives lost in the recent conflict between Pakistan and the Taliban. “We continue to monitor the situation closely and expressed support for Pakistan’s right to defend itself against Taliban attacks,” she said. Meanwhile, Prime Minister’s spokesperson for foreign media Mosharraf Zaidi…
Read MoreMuhammad Amin Rajput Appointed MD & CEO of Sui Southern Gas Company
KARACHI: The Board of Directors of Sui Southern Gas Company (SSGC) has appointed Muhammad Amin Rajput as the Managing Director and Chief Executive Officer of the company for a three-year term. Prior to his confirmation, Mr. Rajput had been serving as interim Managing Director since February 13 on a contractual basis, following his superannuation from permanent service. He previously held the positions of Chief Financial Officer and Chief Internal Auditor at SSGC. An accomplished professional with more than 30 years of diversified experience, Mr. Rajput brings extensive expertise in finance,…
Read MoreWafi Energy Pakistan Posts Rs3.54bn Profit in 2025, Expands Retail Network
KARACHI: Wafi Energy Pakistan Ltd (WEPL) has reported a profit after tax of Rs3.54 billion for the year 2025, reflecting a 7.5 percent year-on-year increase and underscoring the company’s steady growth trajectory in Pakistan’s competitive energy market. During the year, the company expanded its footprint by adding 35 new retail sites, including its second eco-friendly Shell-branded outlet constructed using recycled plastic materials. This expansion brings WEPL’s nationwide retail network to more than 680 sites, strengthening its presence across key markets. Chief Executive Officer Zubair Shaikh stated that following a strong…
Read MorePetrol, Diesel Prices Likely to Increase by Up to Rs7 per Litre for Next Fortnight
ISLAMABAD: Petroleum product prices are expected to rise by Rs4.50 to Rs7 per litre for the upcoming fortnight ending March 15, amid a slight upward trend in international crude markets driven by regional tensions. Official sources indicated that benchmark crude prices have firmed up during the week, prompting a likely revision in domestic fuel rates effective February 28. Based on existing tax structures, ex-depot prices are estimated to increase by approximately Rs4.50 per litre for petrol, Rs4.70 for high-speed diesel (HSD), Rs7 for light diesel oil (LDO), and Rs5 for…
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