Author: Admin

Karachi: President FPCCI Atif Ikram Sheikh has called for enhanced cooperation among Pakistan and OIC countries in education, research, innovation and skills development, stating that Pakistan’s talented human capital, large youth population, growing technology sector and close relations with Muslim countries provide a strong foundation for promoting education tourism, attracting international students and researchers and generating investment opportunities. Addressing the International Education Summit, organized by the Islamic Chamber of Commerce and Development in collaboration with COMSTECH, FPCCI and the Board of Investment under the theme “Promoting Global Education for Sustainable…

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ISLAMABAD, September 01, 2026: Oil and Gas Development Company Limited (OGDC), Pakistan’s largest exploration and production company, has signed a contract with Baker Hughes, a leading US energy technology company, to deploy Mature Assets Solutions (MAS) aimed at revitalising ageing oil and gas wells and increasing Pakistan’s indigenous hydrocarbon production.The contract signing ceremony was held at OGDC Headquarters in Islamabad. Special Secretary Petroleum Mirza Nasiruddin Mashood Ahmad and US Chargé d’Affaires Natalie A. Baker attended the ceremony as chief guests. MD/CEO OGDC Ahmed Hayat Lak, alongside senior leadership of OGDC…

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KARACHI, September 01, 2026: The SouthAsia Forum, a private-sector think tank, founded in 1996 and dedicated to promoting informed discourse on regional and global issues, has nominated Faisal Siddiqi as its new Secretary General.Siddiqi is an experienced corporate communications professional with extensive experience in public affairs and advocacy, reputation building and strategic communications. His appointment is expected to further strengthen the Forum’s efforts to facilitate meaningful dialogue and contribute to a deeper understanding of the social, cultural, business, economic and political dynamics shaping South Asia.Commenting on the appointment, Chairman SouthAsia…

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Pakistan’s power shortages are no longer temporary disruptions—they have become a long-term challenge for commercial and industrial businesses. In late August 2026, the country’s power deficit exceeded 4,000 MW, leading to extended load shedding across major cities. In some regions, businesses experienced outages lasting up to 16 hours per day, while electricity tariffs remained among the highest in Asia. For manufacturers, every hour without power means lost production, delayed deliveries, and rising operating costs. For years, diesel generators were the standard solution. Today, however, diesel prices, maintenance costs, and environmental…

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KARACHI: Pakistan State Oil (PSO) has honoured its top-performing dealer partners at the PSO Excellence Awards 2026, recognising their contribution to maintaining uninterrupted fuel supplies across the country. The awards ceremony was attended by PSO Chief Executive Officer Jawwad Ahmed Cheema, Chief Commercial Officer Amir Zaib Khan, senior management, dealer partners and employees, according to a company statement issued on Monday. Addressing the gathering, Cheema said that as Pakistan’s national oil company, PSO had a responsibility to ensure the availability of fuel nationwide, particularly during periods of high demand, supply…

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