Category: Latest News

Pakistan, Kuwait explore broader defence, energy pact – report

Admin
pak-kuwait

The talks between Pakistan and Kuwait are expected to gain momentum once tensions between the US and Iran ease. Credit: em_concepts / Shutterstock.com Pakistan and Kuwait are in discussions over a broadened defence arrangement that could also cover energy collaboration and investment, Reuters reported, citing unnamed sources. The negotiations remain at an early stage and may be affected by rising tension between the US and Iran. Kuwait wants Islamabad to demonstrate a similar level of military commitment to the mutual defence agreement Pakistan struck with Saudi Arabia last year, a Pakistani government…

Read More

Petroleum rates in Pakistan for July 21, 2026

Admin
petrol-relief

The Oil and Gas Regulatory Authority (Ogra) updates petroleum products prices on a daily basis on its website to ensure transparency and allow the immediate impact of international price fluctuations to be passed on to consumers. The daily pricing is based on a seven-day weekly average of international market prices to align with international standards, according to Petroleum Minister Ali Pervaiz Malik. Here are revised fuel rates: Date Products Old rates New rates Change in pricesRs/litre 21-07-2026 Motor spirit 316.15 315.8 -0.35 (Decrease) 21-07-2026 High-speed diesel 354.35 360.06 +5.71 (Increase)…

Read More

Humaira Zia Mufti Appointed Chairperson of Pakistan Engineering Company

Admin
New-Project245

ISLAMABAD: The federal government has appointed Humaira Zia Mufti, Additional Secretary (AS-I) at the Ministry of Industries and Production, as Ex-Officio Director and Chairperson of Pakistan Engineering Company Limited (PECO) with immediate effect. The appointment was announced by PECO in a notice submitted to the Pakistan Stock Exchange (PSX) on Monday. According to an official notification issued by the Ministry of Industries and Production, the Secretary of the ministry has nominated Humaira Zia Mufti to represent the Government of Pakistan on the PECO Board as its Ex-Officio Director and Chairperson.…

Read More

JI Urges PM Shehbaz to Release Rs40 Billion for Timely Completion of Karachi’s K-IV Water Project

Admin
New-Project244

KARACHI: Jamaat-i-Islami (JI) has urged Prime Minister Shehbaz Sharif to immediately release the remaining Rs40 billion required for the completion of the first phase of the long-delayed K-IV water supply project, warning that Karachi’s worsening water crisis demands urgent federal intervention. In a letter addressed to the prime minister, JI Karachi chief Monem Zafar expressed concern over reports presented before a National Assembly committee indicating that the first phase of the K-IV project—expected to provide 260 million gallons of water per day (MGD) to Karachi—is now scheduled for completion only…

Read More

Government Considers Reviving Fuel Conservation Measures Amid Rising Oil Prices

Admin
New-oil5

ISLAMABAD: The federal government is considering reintroducing fuel conservation and austerity measures as early as this week or next, amid renewed tensions in the Middle East that have pushed up global oil prices and increased pressure on Pakistan’s foreign exchange reserves. Officials said Prime Minister Shehbaz Sharif has already held discussions on reviving the measures, with the proposal expected to be taken up by the federal cabinet for formal approval. The move comes as the government has introduced a new petroleum pricing schedule under which retail prices of petrol and…

Read More