Sunday, April 18, 2021

Pakistan

Byco Petroleum will start producing Euro 5/6 petrol and diesel by 2024

Byco Petroleum Pakistan has started upgrading its refining facility in Hub, which would convert furnace oil into Euro 5/6 gasoline and diesel. Byco expects commercial production from the upgraded facility by 2024. Pakistan meets 70 percent of its motor spirit...

Breaking: US sanctions 32 Russians and Pakistani individuals, entities for US 2020 elections interference

US president Joseph R. Biden has signed executive orders to imposed sanctions on 32 Russian and Pakistani individuals and entities engaged in and facilitate malicious cyber-enabled activities against the United States and its allies and partners. The Office of Foreign...

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...

Army chief inaugurates Fauji foundation’s hospital, FUI

General Qamar Javed Bajwa, Chief of Army Staff (COAS) visited Headquarters Fauji Foundation (FF) at Rawalpindi. COAS was given a detailed brief on ongoing and future projects of Fauji Foundation and a review of various set-ups working under it. General Bajwa...

Carrefour Pakistan reinforces stricter hygiene measures for Ramadan

Carrefour, owned and operated by Majid Al Futtaim in Pakistan, has reinforced its strict hygiene and safety protocols across all its stores in the country this Ramadan. The additional measures will help protect customers and colleagues during an aggressive third...

AKDN Canada to assist businessmen to invest in Pakistan

Pakistan High Commission in Ottawa and Agha Khan Development Network in Canada will work together to further promote and expand Agha Khan Foundation’s work in Pakistan, motivate and facilitate Canadian and expatriate Pakistanis to invest in Pakistan and coordinate...

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...

Latest News

Byco Petroleum will start producing Euro 5/6 petrol and diesel by 2024

Byco Petroleum Pakistan has started upgrading its refining facility in Hub, which would convert furnace oil into Euro 5/6...
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