Category: Popular News

Pakistan bears heavy climate burden despite low carbon footprint: PM Shehbaz

Admin
heavy climate burden

Prime Minister Shehbaz Sharif said on Tuesday that although Pakistan contributes less than one per cent to global carbon emissions, it is amongst the most affected by climate change in his address at a United Nations event in Vienna. Speaking on ‘Sustainable Development as a Path to Global Peace and Prosperity’, the PM emphasised that sustainable development must be inclusive and equitable, leaving no one behind. “Development cannot be called sustainable if it excludes millions from the promise of a better life,” he added. Highlighting the disproportionate burden borne by…

Read More

Shaza Fatima Highlights AI, Women Empowerment at Indus AI Week 2026 in Karachi

Admin

KARACHI: Federal Minister for Information Technology and Telecommunication Shaza Fatima Khawaja on Sunday reaffirmed the government’s commitment to strengthening Pakistan’s IT and Artificial Intelligence (AI) sector, stating that national leadership is fully focused on transforming the country into a technology-driven economy. Addressing participants at the Indus AI Week 2026 women hackathon ceremony held at IT Park Karachi, the minister said Prime Minister Shehbaz Sharif, Chief of Army Staff and Chief of Defence Forces Syed Asim Munir, along with provincial leadership, are prioritising growth of the IT sector. She noted that…

Read More

Beco Steel Moves Ahead with Solar Investment, Finalises Funding Plan with UAE Sister Company

Admin

Beco Steel Limited has initiated the finalisation of funding arrangements with its UAE-based sister concern, Beco Steel Ferrous and Non Ferrous Metal Trading LLC, to finance its upcoming solar power project. In a notice submitted to the Pakistan Stock Exchange (PSX) on Monday, the listed company disclosed that its Board has begun structuring an arm’s length investment and participation arrangement with the UAE entity. The move aligns with Beco Steel’s strategy to execute the project without reliance on conventional interest-based borrowing, reinforcing its Shariah-compliant financial positioning. The development follows last…

Read More

Latest Petrol Price in Pakistan 16 Feb 2026

Admin
Petrol-Diesel

ISLAMABAD: The federal government on Sunday raised the prices of petrol and high-speed diesel by Rs5 and Rs7.32 per litre, respectively, for the next fortnight, starting from February 16. After the increase, the new price of petrol will be Rs258.17 per litre from Rs253.17; whereas, the diesel rate was hiked to Rs275.70 per litre from 268.38. The Petroleum Division announced in a notification that the revised fuel prices will take effect from February 16 and remain applicable for the upcoming fortnight. In the previous review, the federal government raised the…

Read More

Adeeb Ahmed appointed acting (CEO) of K-Electric

Admin
Adeeb Ahmed appointed acting (CEO) of K-Electric

KARACHI: Adeeb Ahmed was appointed as the acting Chief Executive Officer (CEO) of K-Electric on Friday, ARY News reported.The appointment was made during a meeting of the K-Electric Board of Directors held to discuss the leadership role. The board reached a decision to appoint Ahmed as the acting CEO of Karachi’s sole power provider.Adeeb Ahmed is a seasoned veteran of the company, having served as a director at K-Electric since 2019.According to K-electric websiteMr. Adeeb Ahmad’s career spans 34 years including C-suite roles. He has been involved in managing private…

Read More