Commerce

Work in full swing on 356 micro Hydel projects in KP

ISLAMABAD (Sarzameen News) – The work on three hundred and fifty six mini micro hydel projects in twelve districts of Khyber Pakhtunkhwa is in progress. These projects will be completed at a cost more than five billion rupees at the end of next year, official sources said on Sunday. On completion, the projects will generate

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Shell launches first performance fuel V-Power in Pakistan

KARACHI (Sarzameen News) – The multinational oil and gas company Shell on Saturday unveiled its new global fuel offering Shell V-Power in Pakistan. The launching ceremony was led by the Federal Minister for Petroleum & Natural Resources Shahid Khaqan Abbasi and Jam Kamal Khan Minister of State for Petroleum. Shell V-Power Unleaded is an innovative

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National projects in full swing under CPEC objectives

KARACHI (Sarzameen News) – The Frontier Works organization (FWO) is committed to make prosperous country and its best resources utilizations under China-Pakistan Economic Corridor (CPEC) objectives, which is now turned into reality for world of opportunities in the region. Director General FWO, Major General Mohammed Afzal on Saturday has emphasized on the significance of CPEC

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ADB to provide $200million tranche to Pakistan

ISLAMABAD (Sarzameen News) – Asian Development Bank (ADB) is to provide Pakistan USD 200 million tranche as a deal was signed by representatives of the two parties on Friday. Economic Affairs Secretary, Tariq Bajwa and Country Director of ADB, Warner Leep signed the accord in a ceremony that was organised Friday. Senator Mohammad Ishaq Dar, Minister

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Sindh releases Rs4.5bn arrears of power bill, current bill of Rs837m

KARACHI (Sarzameen News) – The Sindh government has released a Rs4.5 billion areas of electricity bills to Hesco and Sepco as first instalment of their total bills of Rs27 billion. This was disclosed by Secretary Energy Agha Wasif and Secretary Finance Hassan Naqvi during a meeting was Sindh chief minister Syed Murad Ali Shah here at

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UNODC, Pakistan sign Country Programme to tackle various crime

VIENNA (Sarzameen News) – In an official ceremony in Vienna Friday, the United Nations Office on Drugs and Crime (UNODC) and the Government of Pakistan signed a USD 70 Million Country Programme. The signing took place between the Deputy Executive Director Mr. Aldo Lale-Demoz and the Federal Secretary, Narcotics Control Division of Pakistan Mr. Ajaz

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SCO to complete Pak-China optical fiber cable project by June 2017

ISLAMABAD (Sarzameen News) – The Special Communications Organization (SCO) will complete Pak-China Optical Fiber Cable project by June next year. This was stated by Sector Commander SCO Gilgit Baltistan Col. Imran Ahmed Bhatti in an interview on Thursday. He said laying of Cable optical Cable work is continuing from both sites of Mansara and Khunjerab

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Govt announces hike in petroleum prices

ISLAMABAD (Sarzameen News) – The Federal Government has announced hike in prices of petroleum products. According to the new notification, petrol prices would increase by Rs. 2/litre while high speed diesel’sprice will hike by Rs. 2.70/litre. However, no price change will be observed in case of kerosene and light diesel oil. Earlier, Oil and Gas

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Govt revises petroleum prices

ISLAMABAD (Sarzameen News) – The government on Wednesday revised the prices of petroleum products for the next month. Addressing news conference in Islamabad on Wednesday evening, Finance Minister Ishaq Dar said the prices of kerosene oil and light diesel oil have been kept unchanged, while petrol and high speed diesel prices have been increased. “The

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SECP head to inaugurate Islamic financing facility centre in Rawalpindi

ISLAMABAD (Sarzameen News) – The Securities and Exchange Commission of Pakistan (SECP) chairman, Zafar Hijazi will inaugurate today (Thursday, December 1) the first Islamic financing facility centre in Rawalpindi set up by the modaraba sector. First Habib Modaraba, Orix Modaraba, Allied Rental Modaraba and Trust Modaraba have completed the arrangements to open an Islamic financing

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