SSGC refuses to give NOC for revival of Pakistan Steel Mills
The NOCs are mandatory for seeking approval for the scheme of arrangement (SoA). The Industries ministry had taken up with utility companies & NEPRA for issuance of NOCs.
The NOCs are mandatory for seeking approval for the scheme of arrangement (SoA). The Industries ministry had taken up with utility companies & NEPRA for issuance of NOCs.
As the talks start in Doha, the new government will try to convince IMF over subsidies amid the recent political crisis. Earlier, Pakistan had committed to increasing oil prices to avail IMF program. But prime minister Shahbaz Sharif had refused to increase oil prices due to possible political backlash. Now, allies of…
Ibn-e-Ameer Cabinet has allowed Economic Affairs Division (EAD) to sign agreements for rescheduling an $821 million loan with Saudi Arabia. This amount also includes $41.43 million interest on these two loans. Pakistan will sign two agreements for rescheduling loans-$878 million and $780.37 million. The government had negotiated and finalized two agreements with Saudi Arabia for…
News Report The government is set to change the gas pricing formula for fertilizer plants in the new proposed Fertilizer Policy. It started deliberations on salient features of the new policy on Thursday. The government has formed a group that would discuss gas pricing in the new fertilizer policy to remove disparity in pricing. Federal…
The Pakistani rupee remained stable against the US dollar on September 17, 2025, but showed weakness against other major currencies, including the British pound and the euro. In the open market, the US dollar was being traded at Rs 282.9 for buying and Rs 283.70 for selling. The interbank rate was also steady at Rs…
Pakistan’s first petrochemical symposium will take place on Thursday at a local hotel in Islamabad to initiate a conversation and spark interest in Pakistan’s petrochemical industry to attract multi-billion dollars investment. The Overseas Investors Chamber of Commerce and Industries, Board of Investment, Pakistan Business Council, and Pakistan Chemical Manufacturers Association are supporting the event, which…
Air Link Communication (AIRLINK) reported a 22% YoY growth in consolidated earnings to Rs 4.79/share in 4QFY25. This takes FY25 earnings to Rs12.01/share, up 3% YoY. This higher-than-expected result was mainly led by reversals in administrative and other expenses, as certain items previously recorded under this head were reclassified as cost of sales, as per…