Shanghai Electric calls on Minister Khusro Bakhtiyar regarding K-Electric sale
A delegation of Shanghai electric led by the Vice Chief Economist Shanghai Electric Power Mingwei Shi called on the Minister for Planning, Development and Reform Makhdum Khusru Bakhtyar at Islamabad. Mingwei Shi said that Shanghai Electric’s investment in purchasing K-Electric is only the beginning and the company is interested to further expand its investment portfolio […]
Malaysia and S.Arabia offering cheaper LNG than Qatar
Ghulam Sarwar Khan, Federal Minister for Petroleum has said that Saudi Arabia and Malaysia are offering Liquefied Natural Gas (LNG) at relatively cheaper rates and the government is weighing its options on the matter, well informed sources told Engineering Post. The price of LNG as per the 2016 deal signed with Qatargas for 15 years […]
Qatar invited to invest in Pakistan
A Qatari delegation called on Federal Minister for Planning, Development & Reform Makhdoom Khusro Bakhtyar. The delegation was headed by Sheikh Faisal Bin Thani Al Thani, Head of Qatar Investments Department and Head of Qatar Regional Investment Fund. Khusro urged the Qatari investment department to invest in Pakistan. The delegation was informed of lucrative investment […]
Germany most popular destination for Pakistani students
Roots Millennium Education, Islamabad hosted a Destination Germany Seminar on Scholarships at the Flagship Millennium Campus I-9/3, Islamabad. Ms Inge Iqbal, Director German Academic Exchange Service (DAAD) Information Center Islamabad accompanied by Programme Manager Yasmeen Paracha and Fatima Liaqat Programme Assistant attended the seminar. During the session, Ms Inge Iqbal said that Germany is one […]
NUST establishes think tank
National University of Sciences & Technology (NUST) has established National Institute of Policy Studies (NIPS) at NUST Islamabad campus. At the ceremony a seminar on “Pakistan-India Relations and the resurgence of Freedom struggle in Indian occupied Jammu and Kashmi” was held. The Foreign Minister of Pakistan, Makhdoom Shah Mahmood Hussain Qureshi, preside the event as […]
Saudi Aramco declares $111Bn profit for 2018
Saudi oil giant Aramco opened its secret accounts for the first time, in a bid to secure funds from investors, and provided a rare glimpse into the profits made by the company in 2018. International ratings agencies Fitch and Moody’s got rare access to Aramco’s accounts which show the firm posting billions in profits. The […]
$800m required to revive Pakistan Steel mill
A meeting of Senate Standing Committee on Industries and Production (MoI&P) headed by the Senator Ahmad Khan was held in Islamabad to discuss the fate of Pakistan Steel Mills (PSM) and chances, if any, of its revival. Prime Minister’s Advisor on Commerce, Textile and Industries and Production and Investment, Abdul Razak Dawood told the committee […]
ECNEC approves development projects
The Executive Committee of the National Economic Council (ECNEC) has approved many development projects related to power and communication sector. The committee met under the chairmanship of finance minister Asad Umer and granted approval to the proposal of Power Division to interconnect isolated areas of Gwadar and Makran with the national grid. The committee further […]