Islamabad, September 22, 2024 – In a significant move to harness Pakistan’s indigenous energy resources, the Oil and Gas Development Company Limited (OGDCL) has signed a Memorandum of Understanding (MoU) with China’s CCDC to explore shale and tight gas reserves in Pakistan.
(more…)Author: Mrs. Anjum Shahnawaz
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EDF Approves Rs 20 Billion Proposals to Boost Export Growth
Islamabad, September 22, 2024 – In a significant push for Pakistan’s export sector, the Export Development Fund (EDF) has approved 20 key proposals worth Rs 8.5 billion across industries including textiles, agriculture, gems and jewelry, defense, and global branding initiatives. These initiatives aim to drive export growth and enhance Pakistan’s presence on the international stage.
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PMD Predicts Bright and Sunny Sunday Across Pakistan
Islamabad, September 22, 2024 – The Pakistan Meteorological Department (PMD) has forecasted bright and sunny weather across most parts of the country today, making it an ideal day for outdoor activities. According to the PMD’s latest weather report, hot and dry conditions will prevail, with no significant chance of rain in any region.
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CCP Takes Action Against Misleading Retailer Discounts
The Competition Commission of Pakistan (CCP) has taken steps to address deceptive discount advertising practices among retailers, issuing notices to 20 brands involved in misleading “up to a percentage” discount offers during their “End of Season Sales.”
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Pakistan’s Oil Giants Participate in Silk Route Expo in China
Islamabad, September 21, 2024 – Pakistan’s leading oil and gas companies are actively participating in the 8th Silk Route Expo in Xian, China, exploring significant investment opportunities with Chinese firms. This participation highlights Pakistan’s intent to strengthen energy sector collaborations and finalize joint ventures with China in critical areas such as oil and gas exploration, refinery upgrades, and coal conversion technologies.
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PM Shehbaz Approves Bold FBR Crackdown on Wealthy Tax Evaders
Karachi, September 21, 2024 – Prime Minister Shehbaz Sharif has given the green light to the Federal Board of Revenue (FBR) to aggressively target Pakistan’s wealthiest citizens under a transformation plan aimed at addressing tax evasion and increasing revenue collection.
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Cabinet Approves Reconstitution of PRAL Board of Directors
Islamabad, September 21, 2024 – The Cabinet Committee on State-Owned Enterprises (CCoSOEs) has approved the reconstitution of the Board of Directors for Pakistan Revenue Automation (Private) Limited (PRAL), a key entity under the Revenue Division.
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Pakistan Set to Receive Rains After Weeklong Dry Spell: PMD
Islamabad, September 21, 2024 – Pakistan is expected to receive much-needed rainfall and thundershowers starting next week, following a weeklong hot and dry spell. The Pakistan Meteorological Department (PMD) has forecast significant weather changes, with moist currents from the Bay of Bengal expected to impact various parts of Pakistan. Additionally, a westerly wave is anticipated to approach the upper regions of Pakistan by September 26, 2024, bringing widespread rainfall.
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IMF Loan Hope: Aurangzeb Foresees Good News for Pakistan
Islamabad, September 20, 2024 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced on Friday that Pakistan is expected to receive favorable news from the International Monetary Fund (IMF) on September 25, 2024.
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Pakistan to Witness No Rain on September 21, 2024
Islamabad, September 20, 2024 — The Pakistan Meteorological Department (PMD) has forecasted a continuation of the hot and dry spell across the country, with no rain expected in any region on Saturday, September 21, 2024.
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