We deliver timely news, in-depth analysis, and data-driven insights on Pakistan’s economy, energy, finance, technology, and markets.
By NewzTodays Editorial Team | April 17, 2019
Islamabad Pakistan Petroleum Limited (PPL) has made its footprints on the global energy map that has successfully spud its first international exploration well in Iraq. Pakistan Petroleum Limited, one of the country’s leading energy companies, made history by becoming the first Pakistani company to successfully spud its first international exploration well in Iraq. This achievement…
By NewzTodays Editorial Team | April 17, 2019
Aftab Ahmed Islamabad: The PTI government has decided to export manpower to Azerbaijan. At present more than 96 percent of Pakistani workers go to Gulf Cooperation Council countries for employment. But during recent years, there has been a sharp decline in the export of manpower to Middle East countries especially Saudi Arabia. According to Economic…
By NewzTodays Editorial Team | April 14, 2019
Aftab Ahmed Islamabad: President Arif Alvi’s salary is up as Prime Minister Imran Khan has given go-ahead to implement over 1000 percent increase in the salary and approves supplementary grant of Rs 9.3 million for the ongoing financial year 2018-19. The government has allocated an annual salary of Rs 2.441 million for the Prime Minister…
By NewzTodays Editorial Team | April 4, 2019
Aftab Ahmed Islamabad The furnace oil supply contract between Pakistan State Oil and Pakistan National Shipping Corporation (PNSC) has expired over failure to reach agreement on outstanding issues. A senior government official said that prior to ban imposed by the government on import of furnace oil, Pakistan State Oil (PSO) used PNSC to transport furnace…
By NewzTodays Editorial Team | April 3, 2019
Our Correspondent Pakistan on Wednesday approved a proposal of an oil supply deal between Pakistan State Oil (PSO) and the State Oil Company of the Republic of Azerbaijan (SOCAR). The Economic Coordination Committee (ECC) in its meeting accorded approval to a proposal of. The Ministry of Petroleum regarding Fuel Supply Agreement between Pakistan State Oil…
By NewzTodays Editorial Team | February 6, 2019
Islamabad: National Accountability Bureau (NAB) has initiated a probe against the power plants owned by Pakistan’s billionaire Mian Muhammad Mansha over making billions due to a higher rate of return. The power plants owned by business tycoons include Lalpir Power Limited, Nishat Chunian Limited, Nishat Power Limited, Pakgen Power Limited. Senator Nauman Wazir said in…