Category: Highlights

World Future Energy Summit to Spotlight Regional Electronic Vehicle (EV) Target Viability at New eMobility Forum

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World-future

Abu Dhabi, UAE; April 1, 2024: In one of three major expansions of its robust knowledge-sharing programme, the World Future Energy Summit, hosted by Masdar, has announced the launch of a dedicated eMobility Forum to debut at the 2024 event, the 16th in the annual series, which runs at Abu Dhabi National Exhibition Centre (ADNEC) from April 16-18. With the Middle East and North Africa (MENA) EV market predicted to reach a US$4.3 bn valuation by 20281, the first-ever eMobility Forum on April 18 will feature expert local and global…

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Sindh CM, fed finance minister discuss at-source deduction, gas price hikes.

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Gas-Prices

KARACHI (March 30): Sindh Chief Minister Syed Murad Ali Shah and Federal Minister for Finance Mohammad Aurangzeb have agreed to collaborate in order to attract foreign investment and boost exports, thereby enhancing the financial stability of the province in general and of the country in particular.This emerged in a meeting between the two here at CM House on Saturday. The meeting was attended by PSCM Agha Wasif, Additional Secretary Ministry of Finance Amjad Mahmood, and Provincial Secretary Finance Fayaz Jatoi.The chief minister said the FBR and other federal entities were…

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SIFC Should Push for Safe Cities for FDI SuccessIntegrated National Command & Control (IC3) NeededNoman Said

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SIFC

Renowned international safe cities consultant, Noman Said, has stressed that now is the time for Pakistan to get the safe cities right at the planning stage; as 18 projects are underway or being planned in Punjab alone; and, Karachi Safe City mega project has also been initiated. Noman Said added that based on his experience, in order to safeguard public funds, safe cities should be planned in a way that they can be integrated to other safe cities at any later stage – be it on a divisional, regional ,…

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Petrol Prices Expected to Surge to Rs290 Ahead of Eid, Diesel Rates Likely to Decrease

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Petrol-price

As Eidul Fitr approaches, petrol prices in Pakistan are anticipated to increase by approximately Rs10-11 per litre on March 31, primarily due to higher import premiums and global market prices. Conversely, the price of high-speed diesel (HSD) is expected to decrease by up to Rs2 per litre during the same period. The current ex-depot price of petrol stands at around Rs280 per litre, and with the upcoming review, it could surpass Rs290 per litre. This price surge is attributed to a $4 per barrel increase in the import price of…

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FM Aurangzeb Aims for New IMF Deal by End of June, Reports Progress on Privatisation

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pak-imf

Finance Minister Muhammad Aurangzeb has set ambitious targets, aiming to secure a staff-level agreement (SLA) with the International Monetary Fund (IMF) by the end of June. He expressed optimism during an appearance at the Pakistan Stock Exchange (PSX) gong ceremony, noting that while there have not been final discussions with the IMF yet, the global lender has shown receptiveness towards a “larger and longer programme.” To further these negotiations, Aurangzeb announced plans to lead a delegation to Washington around mid-April, specifically on April 14 to 15. These talks are crucial…

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