Saturday, April 17, 2021

Zubair Yaqoob

Pakistan government aims to buy all private fuel oil-fired power plants

The government of Pakistan is evaluating buying all of Pakistan’s private fuel oil-fired power plants, including Hub Power Co. (HUBCO), at a one-time cost that would help it save at least Rs300 billion on payments over the next seven...

Imran Khan reshuffles federal cabinet, appoints Shaukat Tareen as Finance Minister

The Prime minister of Pakistan once again reshuffled the federal cabinet. The fourth reshuffle introduced Shaukat Tareen as the Finance minister of Pakistan. Mr. Shaukat, a banker by profession was earlier affiliated with PPP (Pakistan Peoples Party) where he held...

KE’s BQPS-III first turbine commissioning on fast track

K-Electric’s flagship 900 MW power plant, BQPS-III is progressing on a fast track basis. The entire power train of the first Unit consists of Gas Turbine, Steam Turbine, Generator, and Heat Recovery Boiler that have arrived and were installed...

Shamoon Zaki condoles Indonesian govt over the demise of Adnan Rossalis

Shamoon Zaki, President of Pakistan Indonesia Business Forum and all Directors of Pakistan Indonesia Business Forum would like to express grief and deep sorrow over the sad demise of H.E. Adnan Rossalis Former Consul General of Indonesian in Karachi...

SHC allows AGPL to sell Covid-19 vaccine Sputnik V

Weeks after importing Sputnik V vaccines for COVID-19, AGP Limited has finally been allowed to sell the vaccines by the Sindh High Court. Developed by the Gamaleya Institute in Russia with support from the Russian Direct Investment Fund, Sputnik V...

Zameen Developments, Zedem International sign MoU to construct luxury apartments project at Faisal Town Islamabad

Zameen Developments (a sister concern of Zameen.com) and Zedem International have signed a memorandum of understanding (MoU) to develop a luxury apartment project in Islamabad. Zameen.com and Zameen Developments Chief Executive Officer (CEO) Zeeshan Ali Khan and Zedem International...

USAID challenge fund for Pakistani SMEs

United States Agency for International Development (USAID) to uplift Small and Medium Enterprises Activity (SMEA) has launched a “Challenge Fund” to provide grant and business development services support to improve the financial and operational performance of competitive Pakistani economic...

Who is Joe Biden? – Learn more about the United States 46th President

Who is Joe Biden? The new American president was Barack Obama's deputy for eight years and a senator for 36 years. Famous for his tenacity and even a few too many gaffes, he has married twice. Always a Democrat,...

Macron welcomes US back to the climate agreement

French President Emmanuel Macron tweeted on his Twitter account, directing the tweet to President Joe Biden and Vice President Kamala Harris to welcome the United States' return to the Paris Climate Agreement, a historic agreement aimed at protecting the...

IFN declares SBP as top central bank for promoting Islamic finance

State Bank of Pakistan (SBP) has been voted as the Best Central Bank in promoting Islamic finance for the fourth time by a poll conducted by Islamic Finance News (IFN), REDmoney Group Malaysia, on Wednesday. This is the second international...

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