Karachi: The Karachi Interbank Offered Rate (KIBOR) has seen a slight increase across most tenors, with the one-year rate reaching 12.36 percent. The changes reflect shifts in the borrowing climate within the banking sector, affecting both short-term …
Dera Ghazi Khan: D.G. Khan Cement Company Ltd. (DGKC) has entered into an agreement to implement a 10MWh Battery Energy Storage System (BESS) and a 25MW solar power setup at its plant in Mauza Khofli Sattai, Dera Ghazi Khan. The installation is antici…
KARACHI: Industrialists from Karachi’s SITE industrial area have declared their support for Businessmen Group (BMG) candidates in the forthcoming Karachi Chamber of Commerce & Industry (KCCI) elections, committing to a comprehensive effort to …
Sheikhupura: Nishat Mills Ltd. (NML) has entered into an agreement to install Battery Energy Storage Systems (BESS) and Solar Power Setups at its plant on the Sheikhupura Faisalabad Road. The project, scheduled for commercial commissioning in March 20…
Karachi: Pakistan’s oil and gas industry has reported significant growth in its recoverable reserves, marking a third consecutive year where reserve replacement has surpassed 100%. According to the latest figures released by the Pakistan Petroleum Inf…
KARACHI: Federal Minister for the Board of Investment, Qaiser Ahmed Sheikh, emphasized the strategic importance of the Korangi Industrial Area, which he noted accounts for 9 percent of Pakistan’s total exports. Addressing industrialists at the Korangi…