Waqar Siddiqui has been appointed as the Chief Executive and Managing Director of Shell Pakistan Limited, with effect from 1 November 2021.He joined Shell Pakistan Limited (SPL) in 2001, and has since held several roles locally and internationally at s…
Finance Advisor Provides Important Update on Pakistan’s Talks with IMF
Advisor to the Prime Minister on Finance, Shaukat Tarin, informed that the matters with IMF have been settled and a formal agreement would be reached within a couple of days to revive the 6 billion USD Extended Fund Facility (EFF).He was talking to the…
Pakistan’s Power Sector is Reducing Efficiency of Businesses: Report
Pakistani businesses are suffering heavily from the existing framework of the power sector, according to the report: “State-Owned Electricity Distribution Companies — A 5-year Performance Review” published by Prime Institute.As per the report, even sur…
Here is How Petrol Prices Are Calculated in Pakistan
As the prices of petroleum products are expected to jack up to a historic high, there is a lot of dismay among people over its devastating economic impact as it leads to an overall hike in inflation and commuting costs. However, there is a lack of info…
Salaried Class & Pensioners Suffer As NBP Fails to Restore System After Cyberattack
Millions continue to suffer as the National Bank of Pakistan (NBP) has not yet fully restored its banking system after hackers targeted the bank on Friday and caused disruption in its services, including the disbursement of payments and pensions for pu…
NHA Approves Consultancy Contract for Transportation Projects
The National Highway Authority (NHA) Executive Board approved the award of the agreement for “Hiring of Consultancy Services for Intelligent Transportation System and Development of Nationwide Strategy and Architecture” to M/s NESPAK (Pvt.) Ltd., in a …
Pakistan and Syria Sign Trade Agreement
Pakistan and Syria have signed a Memorandum of Understanding to establish a Joint Pakistan-Syrian Working Group on Trade & Economic Affairs on 31 October in Damascus, Syria.The Memorandum of Understanding (MoU) was signed by the Syrian Minister for…
67% funds of Rs 28 bln have been allocated for infrastructure development in AJK
A delegation of the Senate Standing Committee on Kashmir and Gilgit-Baltistan led by Professor Sajid Mir visited Muzaffarabad today [Monday].Additional Chief Secretary Development Azad Jammu and Kashmir Dr. Sajid Mehmood Chouhan briefed the delegation …