Author: Admin

Pakistan: The Next Critical Minerals Destination

Admin
mineral

Pakistan is entering a new phase in developing its mineral economy as rising global demand for copper, gold, chromite, lithium, rare earth elements, and other critical minerals creates a strategic opportunity for the South Asian country to attract investment, develop new supply chains, and diversify its sources of foreign exchange. The opportunity is significant. Pakistan has extensive mineral-bearing areas and a geological position within the broader Tethyan Metallogenic Belt, one of the world’s important copper and gold regions. The country possesses 92 known minerals, of which 52 are commercially exploited.…

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First Batch of New Buses for Karachi Arriving in November 2026, Sindh Govt Confirms

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New-Project68

Karachi, October 17, 2026: The Sindh government is striving to further improve, modernize, and make the public transport system environmentally friendly, while the first batch of buses will reach Karachi by November 2026. In this regard, Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit Sharjeel Inam Memon held important meetings with officials of bus manufacturing companies in Shanghai. Senior Minister Sharjeel Inam Memon met with Mr. Robin Shen, Chief Executive Officer of Yutong Bus Manufacturing Company, during which the company offered its cooperation and support for…

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Pakistan has enough energy supplies to last through November, planning for winter spike: Aurangzeb

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Aurangzeb-ipps

Finance Minister Muhammad Aurangzeb on Saturday told AFP that Pakistan had so far withstood the shock from skyrocketing energy prices due to the US-Israeli war on Iran, but that attacks on infrastructure in Saudi Arabia and other Gulf countries were “worrying” for the country’s longer-term economic outlook.In an interview on the sidelines of the International Monetary Fund (IMF)-World Bank Annual Meetings in Bangkok, Aurangzeb said the country had procured enough energy supplies to last through November, and was now planning for the winter months, when household needs typically spike.“The first-order…

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GEPCO proposes 50pc raise in its authorised share capital

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Power-sector

ISLAMABAD: Gujranwala Electric Power Company Limited (GEPCO) has proposed a 50 percent increase in its authorised share capital, ie, from Rs50 billion to Rs75 billion, following directions conveyed by the Cabinet Committee on Privatisation through the Privatisation Commission, according to an official notice issued by the company, sources close to CEO GEPCO told Business Recorder.The proposal will be placed before the company’s 34th Extraordinary General Meeting (EOGM), scheduled to be held on October 22, 2026.The proposed increase in authorised share capital will require an amendment to the relevant capital clause…

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Upward revision of tariff: KE renews efforts to seek Leghari’s help

Admin
Awais-Leghari

ISLAMABAD: K-Electric has renewed its efforts to secure the support of Minister for Power, Sardar Awais Ahmad Khan Leghari for an upward revision of its tariff after the National Appellate Tribunal rejected its appeal against the revised Multi-Year Tariff (MYT), a dispute that is now before the Sindh High Court (SHC), well-informed sources told Business Recorder.In this regard, KE Chief Executive Officer Syed Muhammad Taha held a meeting with the Power Minister a couple of days ago, during which he shared the company’s current financial position and sought the government’s…

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