Category: Latest News

ISLAMABAD: A 16-member delegation of Pakistani entrepreneurs and business leaders is participating in the Select USA Investment Summit in National Harbor, Maryland, aiming to explore new investment opportunities and strengthen their global footprint in the United States. Organised by the United States Department of Commerce, the four-day summit is a premier platform connecting global investors, companies, and economic development organisations (EDOs). The event is expected to host around 6,000 participants, including 3,000 investors from over 100 countries. US Chargé d’Affaires Natalie A. Baker welcomed the Pakistani delegation, emphasising that strong…

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KARACHI: Pakistan’s oil sales declined in April as rising fuel prices dampened demand, while cement dispatches and fertiliser offtake posted notable gains, reflecting mixed trends across key sectors. According to data cited by Topline Securities, oil-marketing companies (OMCs) recorded sales of 1.36 million tonnes in April, down 7% year-on-year and 6% month-on-month. The decline was largely attributed to a sharp increase in fuel prices driven by geopolitical tensions in the Middle East. Petrol prices surged 21% month-on-month to an average of Rs374.73 per litre, while high-speed diesel (HSD) rose 26%…

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ISLAMABAD: Pakistan’s two major gas utilities have sought significant increases in prescribed tariffs for FY2026-27, with requested hikes ranging from 21% to as high as 121%, prompting the Oil and Gas Regulatory Authority (Ogra) to convene public hearings later this month. Ogra will hold hearings on May 12 in Lahore and May 13 in Karachi to review petitions filed by Sui Northern Gas Pipelines Limited and Sui Southern Gas Company Limited. Earlier hearings scheduled for April were postponed due to volatility in global LNG prices amid the Middle East crisis.…

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KARACHI (May 4): Sindh Chief Minister Syed Murad Ali Shah has said that his government is celebrating the “Jashn-e-Ma’raka-e-Haq” (Festival of the Battle of Truth) to mark Pakistan’s historic defensive victory and national unity in the face of Indian aggression last year.Addressing a commemorative ceremony at a local hotel, he recalled that exactly one year ago India cast “an evil eye” on Pakistan, but the entire nation stood united in response.“Today the Sindh government is celebrating the Festival of the Battle of Truth,” the chief minister said. “A year ago,…

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Islamkot, Tharparkar: Marking Earth Day 2026, an 11-member delegation of the National Forum for Environment & Health visited Islamkot in Tharparkar to witness firsthand a remarkable model of sustainable development, environmental stewardship, and community uplift unfolding at the Thar coalfields.The delegation, led by NFEH President Muhammad Naeem Qureshi, was comprehensively briefed on nearly a decade-long journey led by SECMC, Thar Foundation, and their partners, including Indus Hospital. The briefing highlighted how large-scale coal mining and power generation projects have been executed with a strong commitment to environmental protection and socio-economic…

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