Category: Latest News

WASHINGTON: The heads of the International Energy Agency (IEA), the International Monetary Fund (IMF), the World Bank, and the World Trade Organization (WTO) have warned that the ongoing conflict in the Middle East is placing significant strain on global energy supplies and disproportionately impacting vulnerable economies. The US-Israel war involving Iran has disrupted international trade, unsettled financial markets, and heightened concerns over global energy security, particularly due to risks surrounding the Strait of Hormuz — a critical maritime corridor for global oil and gas shipments. In a joint statement issued…

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ISLAMABAD: President Asif Ali Zardari has summoned separate sessions of the National Assembly and Senate on June 5 for the presentation of the Federal Budget 2026-27. According to a statement issued by the President’s Office, the National Assembly session will commence at 5:00 pm, followed by the Senate session at 6:00 pm on the same day. Ahead of the budget presentation, Prime Minister Shehbaz Sharif has convened a special federal cabinet meeting on the morning of June 5 to approve the budget proposals. Federal Minister for Finance and Revenue Muhammad…

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Karachi: Sindh Chief Minister Syed Murad Ali Shah on Friday held a meeting with Bolorma Amgaabazar, Country Director of the World Bank, to review progress on Karachi’s water supply and infrastructure development initiatives, with a particular focus on the K-IV water augmentation project. According to a statement issued by the Chief Minister House, Murad Ali Shah said that the Sindh government, in collaboration with the World Bank, is committed to establishing a modern, efficient, and sustainable water supply system for Karachi. He described the K-IV project as a critical initiative…

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Growatt, a world-leading provider of distributed solar and energy storage solutions (ESS), will be exhibiting at Booth 7.1H-C180 at the 19th SNEC PV Power & Smart Energy Expo 2026, one of the world’s most influential platforms for the solar and smart energy industry. This major industry expo will be held from June 3 to 5 at the National Exhibition and Convention Center in Shanghai, China. At this global stage, Growatt will present its latest advancements across residential, commercial & industrial, and next-generation energy storage applications, demonstrating how integrated solar +…

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