Author: Admin

KARACHI (Jan 12): Sindh Chief Minister Syed Murad Ali Shah and the Prime Minister’s Special Assistant on Industry and Production, Haroon Akhtar, held a high-level meeting to forge a strategic partnership between the federal and provincial governments to foster Small and Medium Enterprise (SME) development in the province. The meeting, held at CM House, was attended by Minister for Industries Jam Ikram Dharejo, Chief Secretary Asif Hyder Shah, Special Assistant to the CM for Investment Syed Qasim Naveed, and Secretary to CM Raheem Shaikh. The federal government delegation included Federal…

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KARACHI: Fresh from acquiring a controlling stake in Pakistan International Airlines (PIA), leading businessman Arif Habib has set his sights on Pakistan’s vast but underdeveloped blue economy, with particular interest in the Pakistan National Shipping Corporation (PNSC). Speaking to journalists at the Naya Nazimabad Gymkhana on Sunday, the 73-year-old industrialist disclosed that the new PNSC management has invited him for discussions on the corporation’s future, signalling potential private-sector participation in the maritime sector. Pakistan’s blue economy—focused on the sustainable commercial use of ocean resources—remains largely untapped, despite an estimated potential…

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Faisalabad: Faisalabad Electric Supply Company (FESCO) has earned top accolades for its commitment to workplace safety, securing second place among government distribution companies and third overall in the National Electric Power Regulatory Authority (NEPRA) Annual Health, Safety and Environment (HSE) Performance Awards for 2024-25. The official NEPRA Performance Evaluation Report has been published on NEPRA’s website, highlighting the sustained efforts of all distribution companies (DISCOs) and safety professionals in promoting effective and sustainable HSE standards across Pakistan’s power sector. FESCO CEO Engr. Muhammad Aamer congratulated the team, particularly Director HSE…

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Cairo: Egypt has signed renewable energy agreements worth a combined USD 1.8 billion, marking a major step toward expanding clean power generation and energy storage capacity, state television reported on Sunday. The deals include contracts with Norwegian renewable energy developer Scatec and China’s Sungrow, covering large-scale solar power generation, battery energy storage systems and local manufacturing. Under one of the key agreements, Scatec will construct a 1.7-gigawatt solar power plant in Minya, Upper Egypt, supported by battery energy storage systems with a total capacity of 4 gigawatt-hours, according to an…

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Karachi: JS Investments Limited on Monday announced the appointment of a new Chairman of the Board of Directors and Chief Executive Officer (CEO), according to a notice issued to the Pakistan Stock Exchange (PSX). The company informed the bourse that Suleman Lalani has been appointed as Chairman of the Board of Directors, while the board has approved the appointment of Iffat Zehra Mankani as Chief Executive Officer for a period of three years, subject to the approval of the Securities and Exchange Commission of Pakistan (SECP). In addition, the board…

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