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Day: March 25, 2025

Mari Energies enters joint venture for mineral exploration in Balochistan

Joint Venture Agreement signed with IRH Mining RSC Ltd, Balochistan Mineral Resources Limited and the Government of Balochistan…

OGDCL revives Rajian-11 heavy oil well, restores production to 1,000 BPD

Production resumes after four-year suspension due to formation challenges…

IFC to Help Finance First Sustainable Aviation Fuel Facility in Pakistan and Broader Region

IFC is providing up to $35 million in equity and debt financing to establish a landmark sustainable aviation fuel (SAF) facility in Punjab…

Pakistan’s current account improves but remains negative in February 2025

Country posts a deficit of $12mn in February, against $399mn deficit recorded in January 2025

New design banknotes: Rs3.4bn paper machine upgrade project awarded to German firm

The Security Papers Limited (SPL) has awarded a paper machine upgrade project worth Rs3.4 billion to a German firm…

Travel and tourism sector likely to generate over $4b in revenue by 2025

Pakistan’s travel and tourism sector is expected to generate over $4 billion in revenue by 2025, as per the latest research report…

Punjab approves four public-private mining projects worth Rs271 billion

Projects aim to boost investment in the mining sector, with a focus on efficient resource use and job creation….

KP completes 10.2 MW Jabori Hydropower Project

Project to contribute 71.1 GWh of electricity annually to national grid; expected to generate Rs405 million annually…

Pakistan’s IT Exports Grow for 17 Consecutive Months

Pakistan’s information technology (IT) exports reached a record $305 million in February 2025, marking a 19% increase compared…

Pakistan secures $155 per ton cut in rice export valuation to Kenya

Customs valuation reduced from $615 to $460 per ton, boosting trade prospects…

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