Category: Latest News

The Sindh Free Solar System Scheme is a key government initiative aimed at supporting low-income households consuming less than 100 electricity units per month. The program promotes clean, sustainable energy by providing free solar home systems to eligible families across Sindh, including Karachi, Kohistan, and desert regions. ✅ Eligibility Criteria 📄 Required Documents 📝 How to Apply ⚠️ Note: Submission does not guarantee selection. Early application is strongly encouraged. 🎯 Selection & Installation This initiative aims to ease energy burdens and promote renewable power access for Sindh’s most vulnerable communities.

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ISLAMABAD: President Asif Ali Zardari has underscored Pakistan’s interest in expanding bilateral trade with Oman, particularly in key sectors such as information technology, energy, construction, healthcare, and food security, according to state media. The remarks came during a meeting with Oman’s Ambassador to Pakistan, Fahad Sulaiman Khalaf Al Kharusi, where both sides discussed avenues for enhancing economic cooperation. Zardari highlighted the importance of government-to-government engagement to drive private-sector collaboration and attract long-term investment. “Pakistan is keen to deepen trade and investment ties with Oman across priority sectors,” Zardari stated, emphasizing…

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DUBAI: Saudi Aramco, the world’s largest oil exporter, reported a 22% decline in net profit for the second quarter of 2025, primarily due to a drop in crude oil prices and overall revenue. The company posted a net profit of \$22.7 billion for the three months ending June 30, falling short of the \$23.7 billion median estimate from 17 analysts surveyed by Aramco. Aramco’s average realised crude oil price stood at \$66.7 per barrel during the quarter, a steep decline from \$85.7 in Q2 of 2024 and \$76.3 in the…

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PESHAWAR: Peshawar Electric Supply Company (Pesco) has reported a significant reduction of Rs22 billion in financial losses for the fiscal year 2024-25—marking the utility’s first major financial improvement in five years. According to a company statement, this turnaround follows a series of bold reforms and strategic administrative actions implemented under the guidance of the newly appointed Board of Directors, led by Chairman Himayatullah Khan. Pesco had been grappling with mounting financial losses, which surged from Rs42 billion in FY 2020-21 to Rs142 billion in FY 2023-24. However, by the end…

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