Category: Highlights

Privatization and Finance Ministers Engage Global Investors at High-Profile Roundtable in London

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New-Project13

London, May 7, 2025 — In a strong show of investor confidence in Pakistan’s economic trajectory, the Federal Minister for Privatization and the Federal Minister for Finance participated in an exclusive Investor Roundtable hosted by KTrade Securities at Carlos Place, London. The high-impact event brought together a select group of global private equity investors and strategic partners interested in unlocking Pakistan’s investment potential. Prominent international investors in attendance included NIU Invest (Germany), with a focus on mining and real estate; Hamid Nasir of General Atomics; Dr. Yanwen Chan from Phinx…

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Federal Minister for Petroleum Ali Pervaiz Malik Meets Canadian High Commission’s Counselor Daniel Arsenault to Discuss Energy Cooperation

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Petroleum

Islamabad, May 07,2025 Federal Minister for Petroleum Ali Pervaiz Malik was called on by H.E Daniel Arsenault, Political and Trade Counsellor at the Canadian High Commission, today in Islamabad. The discussions centered on opportunities for enhanced bilateral cooperation in clean energy, minerals and geological survey. Federal Minister Ali Pervaiz Malik congratulated Canadian Prime Minister Mark Carney on assuming office. Expressing concern over recent escalations between India and Pakistan, Mr. Arsenault emphasized the need for restraint to prevent further instability in the region. He underscored Canada’s apprehension regarding attacks in densely…

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Senate Committee Slams OGDCL, Gas Firms Over Inquiry Evasion and Worsening Crisis

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OGDCL-Project

ISLAMABAD – May 7, 2025:The Senate Standing Committee on Petroleum voiced sharp criticism on Tuesday against the Oil and Gas Development Company Limited (OGDCL) and other stakeholders for ignoring parliamentary queries amid Pakistan’s deepening gas crisis and rising operational costs. Chaired by *Senator Umar Farooq, the meeting saw lawmakers expressing alarm over **continued evasion by key public and private sector energy companies, especially OGDCL — the country’s largest upstream oil and gas firm — for *repeatedly failing to respond to the committee’s questions. Senator Rana Mahmoodul Hassan highlighted that crucial…

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MG Pakistan Introduces 7kW Fast EV Charging for HS PHEV SUV

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Hybrid Electric Vehicle

LAHORE – May 6, 2025:MG Pakistan has announced a major enhancement to its electric vehicle lineup by equipping all new models of its flagship MG HS Plug-in Hybrid Electric Vehicle (PHEV) with a 7kW fast charger, replacing the previously offered standard portable charger. The move comes as part of MG’s broader commitment to promoting smart and efficient urban mobility in Pakistan. Since the vehicle’s local launch in *October 2024, followed by **production commencement in January 2025, the HS PHEV has garnered a strong market response with *over 500 units delivered,…

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Maryam Launches Yellow Line, e-Taxi Pilot, and Solar Charging Stations in Lahore

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Yellow Line

LAHORE – May 7, 2025:Punjab Chief Minister Maryam Nawaz has launched a set of transformative urban and sustainable development initiatives in Lahore, including the *Yellow Line Mass Transit, an **eco-friendly e-Taxi pilot project, and *solar-powered electric vehicle (EV) charging stations. During a high-level meeting on urban transport and healthcare infrastructure, a feasibility report for the Yellow Line Mass Transit System was presented. Maryam Nawaz directed that construction begin immediately on the corridor from Jinnah Terminal to Harbanspura, emphasizing the urgency of improving urban mobility in the provincial capital. She also…

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