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    Business

    NAB Probes Sindh Highway Contracts, Notices Issued to 40 Firms

    ByAftab Ahmed May 8, 2026May 8, 2026

    The National Accountability Bureau (NAB) Sukkur has intensified its investigation into alleged irregularities related to public infrastructure projects in Sindh by issuing notices to 40 government contractors. These contractors are involved in various highway development projects across the province. According to NAB sources, the authority has requested detailed contract documentation spanning from 2014 to 2025….

    Read More NAB Probes Sindh Highway Contracts, Notices Issued to 40 FirmsContinue

  • auto mobile industry
    Auto

    Pakistan Plans $300M Used Vehicle Export Model Inspired by UAE

    ByAftab Ahmed May 8, 2026May 8, 2026

    Pakistan is set to pilot a new Import-Refurbishment-Export (IRE) model aimed at creating a lucrative industry in the used vehicle export sector. Drawing inspiration from the United Arab Emirates’ successful Jebel Ali free zone system, the initiative seeks to import, repair, and upgrade used vehicles and auto parts before re-exporting them to international markets. The…

    Read More Pakistan Plans $300M Used Vehicle Export Model Inspired by UAEContinue

  • Pakistan auto market
    Auto

    Pakistan’s Auto Policy 2026-31 Favors PHEVs and NEVs

    ByAftab Ahmed May 8, 2026May 8, 2026

    Pakistan’s forthcoming Auto Industry Development and Export Policy (AIDEP) 2026-31 marks a significant shift in the country’s approach towards clean vehicle adoption, particularly emphasizing plug-in hybrid electric vehicles (PHEVs) and other new energy vehicles (NEVs). The draft policy expands the definition of clean vehicles beyond traditional battery electric vehicles (BEVs), now officially recognizing a wider…

    Read More Pakistan’s Auto Policy 2026-31 Favors PHEVs and NEVsContinue

  • electric vhicle
    Auto

    Huajing S Hybrid SUV Launched with Competitive Pricing

    ByAftab Ahmed May 8, 2026May 8, 2026

    SAIC-GM-Wuling (SGMW) has officially launched the Huajing S, its first hybrid SUV developed in partnership with Huawei, marking a significant step into the premium hybrid SUV market. The vehicle is priced aggressively, beginning at 149,800 yuan (approximately $22,030) after trade-in subsidies, making it a formidable contender in the Chinese automotive market. The Huajing S is…

    Read More Huajing S Hybrid SUV Launched with Competitive PricingContinue

  • Chinese J-35 Stealth Jets
    Business

    Pakistan Signs Agreement to Acquire Chinese J-35 Stealth Jets

    ByAftab Ahmed May 8, 2026May 8, 2026

    Pakistan has signed an initial agreement to acquire the Chinese Shenyang J-35 stealth fighter jet, marking a significant step toward enhancing its air combat capabilities with fifth-generation technology. The announcement was made by the Pakistan Air Force (PAF) during a press briefing in Islamabad, one year following a notable air engagement with India. PAF Deputy…

    Read More Pakistan Signs Agreement to Acquire Chinese J-35 Stealth JetsContinue

  • oil tanker
    Energy

    Iraq Denies U.S. Claims of Deputy Minister Aiding Iran Oil Sales

    ByAftab Ahmed May 8, 2026May 8, 2026

    Iraq’s Oil Ministry has firmly denied allegations from the United States accusing its deputy oil minister of facilitating the sale of Iraqi crude oil mixed with Iranian crude to benefit Iran and its allied militias. These accusations were made on Thursday alongside sanctions targeting senior Iraqi and militia officials. The U.S. Department of State sanctioned…

    Read More Iraq Denies U.S. Claims of Deputy Minister Aiding Iran Oil SalesContinue

  • electric vhicle
    Auto

    Tesla Unveils New Roadster Logo Amid Launch Uncertainty

    ByAftab Ahmed May 8, 2026

    Tesla has taken a notable step by filing new trademark applications for its highly anticipated next-generation Roadster, introducing fresh branding elements despite the ongoing uncertainty surrounding its launch date. This move marks the clearest update on the electric supercar’s identity in several years but does not confirm when the vehicle will actually hit the market….

    Read More Tesla Unveils New Roadster Logo Amid Launch UncertaintyContinue

  • electric vhicle
    Auto

    SAIC Audi Launches Pre-Sales for China-Exclusive E7X SUV

    ByAftab Ahmed May 8, 2026

    SAIC Audi has initiated pre-sales for the AUDI E7X, an electric SUV tailored exclusively for the Chinese market that prominently features Chinese technology integrations. The E7X serves as the brand’s second production model, following the E5 Sportback, and is positioned as a key offering in Audi’s strategic push into China’s expansive electric vehicle (EV) sector….

    Read More SAIC Audi Launches Pre-Sales for China-Exclusive E7X SUVContinue

  • Pakistan to Import Oil via Red Sea
    Energy

    Water Scarcity Emerges as Key Risk in Global Energy Sector

    ByAftab Ahmed May 8, 2026

    Water scarcity is increasingly recognized as a significant risk factor in the global energy industry, impacting various sectors from oil and gas extraction to power generation and hydrogen production. This emerging challenge is reshaping investment decisions and project viability across the energy landscape. China’s experience with shale gas development illustrates the critical role water availability…

    Read More Water Scarcity Emerges as Key Risk in Global Energy SectorContinue

  • electric vhicle
    Auto

    China’s April NEV Retail Sales Reach 883,000 Units

    ByAftab Ahmed May 8, 2026

    China’s retail sales of passenger new energy vehicles (NEVs) hit 883,000 units in April 2026, according to preliminary data released by the China Passenger Car Association (CPCA). This marks a 5% decrease year-on-year but shows a 4% increase compared to March 2026, reflecting a continuing upward trend in month-to-month sales despite challenging market conditions. April’s…

    Read More China’s April NEV Retail Sales Reach 883,000 UnitsContinue

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