Business News
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Pakistan to seek US waiver for Iran gas pipeline project | The Express Tribune
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[ad_1] The federal government has decided to obtain a waiver of US sanctions on the Iran-Pakistan (IP) Gas Pipeline Project, aiming to fulfil contractual obligations with Iran. The caretaker government opted to construct a portion of the 80-kilometre pipeline within its territory to preempt potential legal disputes with Iran in international courts. Pakistan feared facing…
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Security to be ensured for those working on Reko Diq project: PM
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[ad_1] Reko Diq gold mine in Balochistan province of Pakistan. — Facebook/@Riaz Haq As work on the multibillion-dollar Reko Diq project is in full swing, Prime Minister Shehbaz Sharif on Sunday directed that security should be ensured for those working on the gold and copper manning project in Balochistan. The premier made the remarks while…
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Islamabad, Kabul to kick off trade talks today
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[ad_1] Goods carrier trucks cross into Pakistan at the zero point Torkham border crossing between Afghanistan and Pakistan. — AFP/File ISLAMABAD: A senior Pakistani official will undertake a two-day official visit to Afghanistan on Monday (today) to discuss matters related to bilateral trade, Foreign Office Spokesperson Mumtaz Zehra Baloch said in a statement on Sunday.…
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Priorities for new government | The Express Tribune
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[ad_1] ISLAMABAD: The new government’s steadfast commitment to economic revival and proactive approach to building upon the groundwork laid by the caretaker administration are encouraging signs. The government’s swift action in initiating negotiations with the IMF for another loan programme is necessary to address the substantial external financial deficit and prevent a repeat of the…
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Reko Diq project to change Balochistan’s fate: Barrick Gold’s chief
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[ad_1] Mark Bristow, CEO of Barrick Gold Co. — Radio Pakistan/File ISLAMABAD: Barrick Gold Corporation President and Chief Executive Mark Bristow has said that the Reko Diq project will prove to be “revolutionary” for Balochistan as it would change the province’s fate by reshaping the local economy. The multibillion-dollar project is capable of producing…
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Gas crisis looms as $1bn diverted to domestic sector | The Express Tribune
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[ad_1] ISLAMABAD: The gas sector braces for another blow as approximately $1 billion is earmarked for diverting expensive RLNG to the domestic sector in a bid to alleviate the gas crisis anticipated in the fiscal year 2024-25. State-owned oil and gas entities are already staggering under the weight of a circular debt amounting to Rs710…
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FinMin Aurangzeb set to chair ECC after body’s reorganisation
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[ad_1] Finance Minister Muhammad Aurangzeb. — HBL/File ISLAMABAD: Finance Minister Muhammad Aurangzeb is set to lead the Economic Coordination Committee (ECC) as the key body’s chairman following its reorganisation by Prime Minister Shehbaz Sharif on Sunday. The body, whose reshuffling has been notified, will comprise of ministers for finance, economic affairs, commerce, power, petroleum and planning, development and…
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What most disturbs American working parents especially mothers?
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[ad_1] Hidden realities faced by working parents, especially mothers across America. — Representational image from Unsplash For a working parent, it is tough to juggle work and raise a family. The situation is same around the world. The United States is not different but it has its unique challenges for working parents with a particular…
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Pakistan to get $107m SFD loan for two hydro projects | The Express Tribune
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[ad_1] ISLAMABAD: The Saudi Fund for Development (SFD) has signed two loan agreements to the tune of $107 million with Pakistan for hydropower projects in Azad Jammu and Kashmir (AJK). A visiting SFD delegation called on Economic Affairs Minister Ahad Khan Cheema in Islamabad. Later, Economic Affairs Division Secretary Dr Kazim Niaz and SFD CEO…
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Experts urge cybersecurity focus | The Express Tribune
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[ad_1] KARACHI: IT analysts and experts have said that strengthening the cybersecurity landscape may help boost IT businesses and exports, while also deploying a host of tools and technologies in lawful interception. The government can leverage smart city concepts and employ AI-powered surveillance systems which accurately identify individuals of interest, track suspects, and classify suspicious…
