Author: Admin

IMF Executive Board to Review Pakistan’s Loan Programme on Dec 8, Expected to Approve $1.2bn Disbursement

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New-IMF

The International Monetary Fund (IMF) Executive Board will meet on December 8 to consider and approve a $1.2 billion disbursement for Pakistan, following a staff-level agreement reached in October after extensive talks in Karachi, Islamabad, and Washington. The upcoming review covers two components: nearly $1 billion under the Extended Fund Facility (EFF) and about $200 million under the Resilience and Sustainability Facility (RSF). Once approved, the funds are expected to be released as early as the following day. The IMF confirmed the meeting date through an official announcement, and the…

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WWEC 2025 Conference Resolution

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*WWEC 2025 Conference Resolution*

22nd World Wind Energy Conference – Shantou, China | 3–5 December 2025Empowering the Future with Wind Energy: Innovation, Collaboration & Sustainable Growth The 22nd World Wind Energy Conference (WWEC 2025) proudly welcomed 1,500 delegates from 26 countries, representing wind, solar, hydro, and other renewable energy sectors. The global participation reaffirmed the conference’s role as a leading platform for advancing renewable technologies, policy development, manufacturing, R&D, offshore and small wind solutions, integrated systems, community involvement, and socioeconomic progress. The Conference extended sincere appreciation to the Government of China, the city of…

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MAP Holds 40th Corporate Excellence Awards at Pearl Continental Hotel Karachi

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MAP

KARACHI, December 4, 2025:The Management Association of Pakistan (MAP) organized the 40th Corporate Excellence Awards (CEA) in Karachi, celebrating four decades of promoting excellence, governance, and best management practices across Pakistan’s corporate landscape. The Minister of Labor, Human Resources and Social Protection, Government of Sindh, Mr. Saeed Ghani, graced the occasion as Chief Guest and presented awards to the top-performing companies in both the Industrial and Financial sectors. He represented the Honorable Chief Minister of Sindh, who was attending the National Finance Commission meeting in Islamabad. President’s Remarks In his…

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SSWMB’s first biogas plants to energize Clifton kitchens from 15 Dec, *FPCCI panel briefed

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New-Project69

Karachi The Sindh Solid Waste Management Board’s first biogas plant, developed to utilise Karachi’s substantial organic waste output, will commence operations on 15 December 2025, supplying low-cost cooking fuel to gas-deprived households in Clifton.This was announced by SSWMB Managing Director, Tariq Ali Nizamani, while addressing a seminar on modern, sustainable urban waste management solutions aligned with the Sustainable Development Goals (SDGs). The event was organised by the Central Standing Committee of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) on SDGs, in collaboration with the National Forum for…

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PD Officials Hail Policy Reforms as Turkey, Azerbaijan Boost Investment in Pakistan’s Energy Sector

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oil and gas

ISLAMABAD: Policy reforms and administrative measures introduced by the government have begun to yield significant results, attracting investment from state-owned oil and gas companies in Turkey and Azerbaijan while helping settle major outstanding invoices and containing circular debt in the domestic gas sector, officials from the Petroleum Division said. Turkey’s state-owned oil company TPAO is set to lead seismic and drilling operations in Indus Block C, partnering with OGDC, PPL, and Mari Energies Limited (MEL). Agreements for both onshore and offshore blocks have been finalized, and TPAO is establishing its…

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