K3: 1100 MW of clean nuclear energy added to national grid

Pakistan Prime Minister Shehbaz Sharif inaugurated the K3 nuclear power plant at Karachi. The 1100-megawatt nuclear power project will help the country in producing low cost environment friendly electricity in the country. The project has been established with the assistance of China. While addressing the participants of the inauguration ceremony PM Shehbaz said that the […]

Chairman ABAD suggests barter trade with countries

The Chairman Association of Builders and Developers of Pakistan (ABAD) Altaf Tai has urged the government to look for alternative ways to import construction materials into the country if the availability of dollar is scarce. Due to the uncertain economic conditions in the country the prices of construction materials especially iron and steel has skyrocketed […]

Saudia links oil refinery establishment in Pakistan with political settlement

Pakistan to hedge oil prices for the first time

During a follow up meeting to the visit of Minister of State for Petroleum, Musaddak Malik, to Saudi Arabia, it was stated that the Pakistan embassy is working closely with the Saudi government and related authorities to build further understandings between both the countries regarding decided projects and economic plans. Saudi Arabia has linked billions […]