Prime Minster Shehbaz Sharif meets Eng Abdulrahman A Alfadley, Saudi Minister forEnvironment, Water and Agriculture in Islamabad. — APPSaudi delegation visited Pakistan from August 26 to 28.Pakistan welcomes Saudi proposal on dates council.Saudi Arabia wants to increase imports of…
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Pakistan aims to seal first 200MW deal under wheeling auction by June
A representational image of a grid station where an electrician is busy working in Hyderabad. — APP/FileIndependent market operator to run auction.Large consumers to bypass single-buyer model. Network usage charges payable to grid firms.
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Govt restricts private OMCs from importing high-speed diesel
Employees at a fuel station attend to their customers in Islamabad on February 16, 2022. — AFP/FileRestriction on private imports to remain until Middle East stabilises.Private OMCs must get NCMC approval to import high-speed diesel.Step introduces oversight to manage volumes foreign…
Pakistan secures foreign loans worth $12.4bn in FY25, up $2.6bn
A person counts dollar notes in this illustrative image taken on May 30, 2022. — ReutersForeign loan inflows to Pakistan rise $2.6bn in FY25.Foreign commercial loans stood at $4.297 billion in FY25.Saudi Oil, ADB loans push Pakistan’s FY25 borrowing to $12.4bn.