Category: Shortcode

Imagine it is 2030, and a chilly November morning. You step out of your house and are welcomed by a clear sky and not a pervasive smog, a common occurrence not so long ago that required you to mask up and forced schools to close down. You start the car and the engine revs up noiselessly and without fumes — you recently replaced the older petrol version with an electric vehicle. Many people you know have made a similar switch as it has become easier to purchase electric vehicles and…

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Andrew Forrest’s Fortescue Future Industries says it is looking to build a 9.2GW wind and solar facility that will power green hydrogen production in Egypt, and could also include local manufacturing facilities for wind and solar. Forrest and his team from FFI, the billionaire’s newly formed green energy venture, are on yet another global tour scouting for opportunities to meet his ambition of producing 15 million tonnes of green hydrogen a year by 2030. The newly revealed 9.2GW project – and other green energy opportunities – were discussed over the…

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Pakistan’s current engagement with FATF and progress in AML/CFT domain, the Spokesperson stated the following: Pursuant to the authorization of Onsite Visit by FATF Plenary in June 2022, an FATF technical team recently visited Pakistan and held detailed discussions with relevant agencies. From our perspective, it was a smooth and successful visit. The focus of the visit was to validate on ground Pakistan’s high-level commitment and sustainability of reforms in our AML/CFT regime . The meetings with FATF team were held in a constructive and positive atmosphere. The Report of…

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Muhammad Azfar Ahsan, founder and CEO of Nutshell Group, has been elected as new president of The Marketing Association of Pakistan (MAP), a statement said on Tuesday. Ahsan previously served the MAP in different capacities, including his recent role as a vice president. He has also served as a minister of State and chairman of the Board of Investment. He is also the founder of the Corporate Pakistan Group, which represents elite of country’s national intelligentsia, including corporate and government leaders, policymakers, academicians, defense personnel, media practitioners, and movers and…

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Pakistan Refinery Limited (PRL) on Tuesday warned of shutting down their operations today (Wednesday) if their high speed diesel (HSD) deadstock remains unpurchased by the local oil marketing companies (OMCs). Pakistan’s refineries are facing serious inventory storage issues owing to a slump in diesel demand as super floods have swamped the highways, slowing the movement of heavy traffic, which is the largest consumer of this fuel. “In the given situation and considering the current upliftment trend and production level, the PRL can only operate for another day…,” the PRL said…

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