Lauterach, September 22, 2026. Gebrüder Weiss has been awarded a Gold Medal in the sustainability assessment conducted by EcoVadis, one of the world’s leading providers of corporate sustainability ratings. With a score of 85 out of 100 points, the international logistics company ranks among the top five percent of all businesses evaluated by EcoVadis over the past twelve months. Gebrüder Weiss delivered an especially strong performance in the Environmental category, achieving the maximum score of 100 out of 100 points. In addition to environmental performance, EcoVadis evaluates companies in the…
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The Sindh Transport and Mass Transit Department has sent a summary for the purchase of 500 electric buses to the Cabinet.
Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit, Sharjeel Inam Memon, said that after approval by the Cabinet, new electric buses will be operated in different cities of the province in phases, and the Sindh government is further expanding the public transport system. In a statement, he said that it is the priority of the Sindh government that the facility of modern public transport should not remain limited to Karachi alone. The scope of the People’s Bus Service is continuously being expanded, and the purpose of…
Read MorePrime Minister’s Targeted Fuel Relief Programme Welcomed; High Fuel Prices Pose Serious Threat to Industrial and Transport Sectors: Mian Zahid Hussain
KARACHI, September 21, 2026: President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and All Karachi Industrial Alliance (AKIA), Chairman of the National Business Group Pakistan, Chairman of the FPCCI Policy Advisory Board, and former Provincial Minister for Information Technology, Sindh, Mian Zahid Hussain, has welcomed the targeted fuel relief programme initiated by Prime Minister Mian Muhammad Shehbaz Sharif for low-income citizens. However, he warned that fuel prices for industrial and commercial consumers remain exceptionally high, placing the industrial and transport sectors under severe financial pressure and posing serious risks…
Read MorePakistan power generation grows 5% YoY; fuel cost climbs 38% in August
Power generation in Pakistan reached 14,943 GWh in August 2026, up 5.1% YoY from August 2025. Back in August 2025, power generation stood at 14,218 GWh. “While still below the 16,176 GWh peak recorded in Aug’21, the rebound is encouraging for power-sector activity and broader economic growth,” said Arif Habib Limited (AHL) in a note on Monday. Power generation in Pakistan reached 14,943 GWh in August 2026, up 5.1% YoY from August 2025. Back in August 2025, power generation stood at 14,218 GWh. “While still below the 16,176 GWh peak…
Read MoreNingbo Green Light Energy set to be Pakistan’s first listing via SPAC: report
Renewable energy company Ningbo Green Light Energy is set to become the first company in Pakistan to go public through a blank-check vehicle, with its backdoor listing expected to be completed within weeks, its chief executive told Bloomberg. According to the report, the company, which imports solar equipment for renewable energy projects, is awaiting court approval for a reverse takeover of LSE SPAC-I Ltd., Chief Executive Officer Qasim Ningbo said. LSE SPAC-I, a subsidiary of LSE Capital Ltd., raised Rs250 million in May through an initial public offering and used…
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