ISLAMABAD, April 21, 2026 – Oil and Gas Development Company Limited (OGDCL) has signed a memorandum of understanding with Uch Power Limited to jointly evaluate the technical and commercial feasibility of utilizing Zin gas for power generation, the company said on Tuesday.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan eyes fresh investment boom after Eurobond success
ISLAMABAD, April 21, 2026 — Pakistan is witnessing a gradual return of investor confidence and renewed access to international capital markets following recent reforms and a successful Eurobond issuance, Finance Minister Muhammad Aurangzeb said on Monday.
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Punjab Assembly halts revised agricultural income tax rates
LAHORE — The Punjab Assembly has declared recent government notifications revising agricultural income tax rates unlawful, ordering an immediate suspension of their enforcement, assessments and collections.
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Sindh processes 3,976 vehicles under fuel subsidy, flags data errors
KARACHI, April 20, 2026 — Sindh Chief Minister Syed Murad Ali Shah said on Monday that 3,976 vehicles have been processed under a targeted fuel subsidy scheme, with Rs146.77 million disbursed so far, while more than 5,000 applications remain under review due to data discrepancies.
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U.S. Customs starts refunds for invalidated Trump tariffs
U.S. Customs and Border Protection (CBP) on Monday began rolling out a new system to refund billions of dollars in tariffs collected under a law later ruled unconstitutional, marking a significant step following a Supreme Court decision that struck down key elements of President Donald Trump’s trade policy.
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Pakistan economy at risk from Middle East oil shock: Ahsan Iqbal
ISLAMABAD, April 20, 2026 — Pakistan’s economy remains vulnerable to rising global oil prices triggered by the ongoing Middle East conflict, Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, said on Monday, warning of increased pressure on the country’s external sector despite improving domestic economic indicators.
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Islamabad weather alert: Hot and dry conditions predicted for April 21
ISLAMABAD, April 20, 2026 – The Pakistan Meteorological Department (PMD) has issued a weather update for the federal capital, forecasting hot and dry weather for Tuesday, April 21, 2026. As a prevailing continental air mass settles over most parts of the country, residents of Islamabad and its suburbs are expected to face a significant rise in daytime temperatures.
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PM Shehbaz, Iran’s President Pezeshkian discuss regional situation in call
ISLAMABAD, April 19 — Shehbaz Sharif held a telephone conversation with Masoud Pezeshkian on Sunday, with both leaders discussing the evolving regional situation and efforts to promote peace through dialogue, officials said.
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Hot, dry weather forecast for Islamabad on April 20
ISLAMABAD, April 19 — Pakistan’s capital Islamabad is expected to experience hot and dry conditions on Monday, April 20, with gusty winds likely in the afternoon, the Pakistan Meteorological Department said on Sunday.
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Governor SBP tells investors Pakistan macro outlook improving despite risks
Washington, April 18, 2026 – The Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, has said said Pakistan’s key macroeconomic indicators have improved faster than expected this fiscal year, while acknowledging that renewed geopolitical tensions in the Middle East pose fresh risks to the outlook.
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