Category: Popular News

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

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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…

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Latest Petrol Price in Pakistan 16 Feb 2026

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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…

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Adeeb Ahmed appointed acting (CEO) of K-Electric

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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…

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18th CSR Summit & Awards

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18th CSR Summit & Awards

Growing BISP dependence reflects economic strain: KPK Governor Kundi calls for urgent collective action Islamabad Khyber Pakhtunkhwa Governor Faisal Karim Kundi has said that around one million women across the country are currently benefiting from the Benazir Income Support Programme (BISP), adding that the number of beneficiaries should gradually decrease as poverty and economic backwardness decline in Pakistan rather than continuing to rise.He expressed these views while speaking as the Chief Guest at the 18th Annual CSR Summit & Awards 2026, organised by the National Forum for Environment and Health…

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4th Pakistan Climate Conference

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4th Pakistan Climate Conference

Nestlé Pakistan wins OICCI Climate Champion Award second time in a rowFederal Minister for Climate Change Dr Musadik Malik recognizes Nestlé’s efforts in Pakistan towards Climate & Net Zero, regenerative agriculture and circularity; calls on private sector to come together for coordinated action KARACHI: Nestlé Pakistan’s efforts towards creating shared value for people, planet and business were recognized due to its initiatives on Climate & Net Zero, regenerative agriculture and circularity at the 4th Pakistan Climate Conference, as it won the top Climate Champion Award second time in a row.…

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