Author: Admin

Jawed Bilwani, Zia ul Arfeen, Faisal Khalil elected as President, SVP, VPBMG, KCCI Leadership vow to fight aggressively for business community’s rights

Admin
New-KCCI

KARACHI: Muhammad Jawed Bilwani, Zia ul Arfeen and Faisal Khalil were announced elected as President, Senior Vice President and Vice President of the Karachi Chamber of Commerce & Industry (KCCI) respectively for 2024-26 at the 63rd Annual General Meeting held at KCCI’s Auditorium.Chairman Businessmen Group (BMG) Zubair Motiwala, Vice Chairmen BMG Anjum Nisar and Mian Abrar Ahmed, General Secretary BMG AQ Khalil, newly elected President Jawed Bilwani, newly elected Senior Vice President Zia ul Arfeen, newly elected Vice President Faisal Khalil, Retiring President Iftikhar Ahmed Sheikh, Retiring Senior Vice President…

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OIL AND GAS REGULATORY AUTHORITY

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oil price

Islamabad, September 30, 2024: The Oil and Gas Regulatory Authority (OGRA) has notified the maximum Price of LPG, effective October 01 2024, as under; 2.  The LPG price Notification for the month of October 2024 is readily available at OGRA website www.ogra.org.pk. 3. The LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate. As compared to previous month Saudi Aramco-CP has increased by 3.84%. The average Dollar exchange rate has slightly decreased by 0.125% resulting to increase in LPG consumer price by Rs.86.28/11.8 kg cylinder (2.99%).…

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Power Outages in Gilgit Following Damage to Naltar Power Station

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Naltar-Power

GILGIT: Gilgit city has been experiencing severe power outages for the past four days due to a boulder striking the water channel of the 18-megawatt Naltar power station. The Water and Power Department reported that the power supply has been suspended since Wednesday and will likely remain disrupted until October 2 as maintenance efforts continue. The prolonged outages have significantly impacted daily life, with residents facing over 20 hours without electricity. Locals attribute the crisis to poorly designed power stations, outdated machinery, and mismanagement within the department. Residents like Nazakat…

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Pakistani Delegates Arrive in Moscow for Business-to-Business Trade Deals

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Pak-Moscow

ISLAMABAD: A delegation of 50-55 Pakistani business representatives has arrived in Moscow today for a series of business-to-business (BtB) trade meetings, aiming to boost bilateral trade across various sectors. Federal Minister for Petroleum Division, Musadik Malik, who is already in Moscow for the Russian Energy Week, will lead the delegation during the meetings with Russian counterparts. The BtB interactions will span three days, from September 30 to October 2, 2024. Organized by Pakistan’s Ministry of Commerce in collaboration with the Board of Investment and the Trade Development Authority of Pakistan,…

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Ahsan Iqbal Calls for Mobilizing Private and Public Finance for Renewable Energy Development

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ahsan-iqbal

LAHORE: Federal Planning and Development Minister Ahsan Iqbal emphasized the immense potential Pakistan has in producing renewable energy from wind and solar, estimating a capacity of 30,000 megawatts from wind and three billion megawatts from solar energy. However, he stressed that mobilizing both private and public finance is essential to harness this potential. Speaking at the Asia Energy Transition Summit 2024, held at Lahore University of Management Sciences (LUMS), Iqbal outlined the federal government’s five key pillars for transitioning from fossil fuels to renewable energy. These include fostering innovation, mobilizing…

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