Category: Latest News

Global CIO Summit & Awards Roadshow Set to Unite 800+ Technology & Cybersecurity Leaders in Pakistan

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KARACHI, Pakistan – Pakistan is set to host one of the country’s largest gatherings of technology and cybersecurity leadership on September 12, as the World CIO 200 Summit & Awards 2026 – Pakistan Edition brings together more than 800 technology executives, cybersecurity professionals and business decision makers, alongside more than 100 senior Pakistani technology leaders from overseas. The Karachi edition forms part of the World CIO 200 Roadshow 2026, a global leadership platform connecting technology and business leaders across more than 60 countries. The 2026 roadshow spans major technology markets…

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PLL reissues LNG tender as Pakistan faces electricity crunch: Bloomberg

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After rejecting the offer to buy expensive liquefied natural gas (LNG), the state-owned Pakistan LNG Ltd (PLL) has reissued the LNG tender on Wednesday and is now seeking a cargo before September 12. Offers are due on Friday, Bloomberg reported. As per the report, PLL earlier scrapped an emergency tender for a shipment for delivery by September 8 after receiving a sole offer from BP Plc at $27 per million British thermal units, nearly three times pre-war spot levels. Bloomberg noted that the government may need to continue blackouts in the evening if…

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Govt raises petrol price by Rs2.29, diesel by Rs1.11 per litre

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The federal government on Wednesday increased the prices of petroleum products for the next 24 hours, effective till Thursday (September 3). According to a notification issued by the Ministry of Energy (Petroleum Division), the Oil and Gas Regulatory Authority (OGRA) on Wednesday revised the ex-depot prices of petroleum products under the government’s petroleum pricing mechanism. The price of Motor Spirit (petrol) has been increased by Rs2.29 per litre, taking it from Rs343.87 to Rs346.16 per litre. High Speed Diesel (HSD) has seen a smaller hike of Rs1.11 per litre, rising…

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Iran says US strike killed four at wedding in ‘war crime’ as US denies targeting civilians

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Iran has accused the US of a war crime after officials said a missile strike killed four people including two children at a wedding celebration. The Iranian Red Crescent Society (IRCS) said shrapnel from a missile hit a family wedding ceremony at a home in southern Iran, causing the deaths. Iranian foreign ministry spokesman Esmaeil Baqaei called the incident a “war crime”. A US Central Command (Centcom) spokesperson said it “never targets civilians”, adding that it was aware of the reports. Iranian authorities said another 14 people were killed elsewhere.…

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Pakistan’s Five Refineries Poised to Sign $6bn Upgrade Agreements

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ISLAMABAD: Pakistan is set to sign long-delayed agreements with five major oil refineries on Thursday, paving the way for more than $6 billion in planned investment to modernise ageing plants, boost domestic production of petrol and diesel, and reduce the country’s dependence on refined fuel imports. The agreements with Pak-Arab Refinery Ltd. (PARCO), Pakistan Refinery Ltd. (PRL), National Refinery Ltd. (NRL), Cnergyico and Attock Refinery Ltd. (ARL) are being finalised through a series of meetings between the Petroleum Division and Inter-State Gas Systems (ISGS), a senior Petroleum Division official told…

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