
The shareholders of Sui Northern Gas Pipeline Limited (SNGPL) have approved a 70% cash dividend for the financial year 2020-21. The 57th Annual General Meeting of shareholders of Sui Northern Gas Pipelines Limited (SNGPL) was held on Friday, July 29, 2022, at the Pearl Continental Hotel, Lahore. The shareholders of the Company Approved the Annual…
News Desk Islamabad: Cabinet committee on energy (CCoE) on Thursday approved the Indicative Generation Capacity Expansion Plan – known as IGCEP 2021-30 which puts a major focus on clean energy (hydel, Solar, Wind, Nuclear) by the year 2030. It also puts emphasis on generating new electricity projects with the least cost basis. IGCEP envisions the…
Aftab Ahmed Saudi Arabia has shelved a plan of setting up a refinery worth $10 billion in the oil city of Gwadar Port. Saudi Arabia had announced to invest $20 billion in Pakistan during a visit by King Salman in February this year. Out of this, it pledged to invest $10 billion to set up…
News Report Karachi: Cyber security is the first important pillar of digital policy 2021 of the IT Ministry. The digital transformation of Pakistan corresponds with Cyber Security. Cabinet had approved Pakistan’s first cyber security policy this year. The government has expressed commitment to introducing National Artificial Intelligence Policy soon. Federal Minister IT and Telecommunication Syed Aminul…
After pressure from certain quarters, Federal Minister, Shaukat Tareen, has announced the withdrawal of Rs 100 billion tax measures from the consumers of phones and the internet. The Federal Minister announced this withdrawal on the telecom sector during a post-budget conference at P block. Soon after the release of Finance Bill 2021-22, Electronic and Social…
A sorry Tale of Investment in NAFA Stock Fund Mohammad Imtiaz Hussain, who retired from Unilever Pakistan in 2013 and made a mistake at a friend’s request and deposited his money with the ‘NAFA stock Islamic Allocation Fund’ one of the NBP-Funds products. The NBP funds’ profit rates were lucrative to attract them. Therefore, he…