A technician fixes new electricity meters at a residential building in Karachi in this undated photo. — AFP/FileECC approves Rs50bn relief from captive power levy.Rs3bn approved for flood relief in Gilgit Baltistan.PTV gets Rs3.81bn for salaries, pensions, operations.The…
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Pakistan cancels Eni LNG cargoes, seeks to renegotiate Qatar supplies

The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. — Reuters Cuts follow request from gas distributor amid surplus supply.Shift to solar cuts gas demand,…
Riyadh cuts 2026 deficit forecast to $44b amid push to expand non-oil revenue

This handout picture provided by the Saudi Royal Palace shows Saudi Crown Prince Mohammed bin Salman signing the state budget during a ministerial council meeting in the capital Riyadh, on December 7, 2022. — AFP
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IMF hails PIA privatisation as ‘milestone’ in Pakistan’s reform drive

The representational image shows a PIA plane taking off. — PIA/FileIMF says privatisation meets key $7bn EFF commitment.Arif Habib-led consortium buys 75% stake for Rs135bn.SOE losses hit Rs122.9bn in FY2024-25, cabinet data shows.
KARACHI: The International Monetary Fund has…




