A view of a huge traffic jam on the main Sharea Faisal thoroughfare due to a sit-in protest in Karachi on December 29, 2024. —Online After Kurram Jirga decision, sit-ins should end: govt spokesperson Sindh government asks MWM to move sit-ins in front of press club. Sit-ins against the Parachinar killings continue in 14 places … Read more
A unit of the Kuwait Petroleum Corporation. — AFP/File KUFPEC will “recover its investments” by selling assets. The company’s decision has raised serious concerns among policymakers. PEL also confirms having made advance payments to KUFPEC. ISLAMABAD: Kuwait Foreign Petroleum Exploration Company (KUFPEC) has started the process of exiting Pakistan’s oil and gas sector by selling … Read more
A representative image of pylons and power lines. — Reuters/File The Ministry of Energy writes a letter to the Ministry of Finance in this regard. The FY25 budget includes Rs 1,229 billion in energy subsidies. The IMF recommends institutionalizing anti-theft procedures. ISLAMABAD: To avoid slippages due to the escalation of circular debt agreed with the … Read more