Jeddah, January 22, 2024: Saudia, the national flag carrier of Saudi Arabia, ranked 9th among global airlines in the On-Time Performance for the year 2023, according to the annual report by the independent aviation monitoring website Cirium. This follows outstanding performances throughout the year 2023, in which Saudia has secured a place in the top…
Islamabad, January 22, 2024: Further to the government and SIFC’s announcement to remove the cross subsidy from power tariffs for industrial consumers, thereby bringing them down to 9 cents/kWh, at par with regional competitors, the All Pakistan Textile Mills Association is making an appeal for the urgent implementation of this measure. This is an essential…
Islamabad, January 19,2024: NEPRA has renewed the power distribution and supply licenses of K-Electric for a period of 20 years. This non-exclusive license renewal follows KE’s request for a non-exclusive license ahead of the liberalization of the power sector. KE’s previous 20-year license had reached its term in July 2023. Subsequently, NEPRA had provided KE…
Karachi, January 19, 2024: Unity Foods was honored as the top Importer of Edible Oil in Pakistan for the year 2023 during the 6th Pakistan Edible Oil Conference held in Karachi. Mr. Kamran Tessori, the Governor of Sindh, bestowed the award upon Mr. Safdar Sajjad, the Executive Director of Unity Foods Limited. As we celebrate…
Karachi, January 19, 2024: Qasim Yaqoob Paracha, Acting Chairman of the Salt Manufacturers Association of Pakistan (SMAP), underscores the transformative power of Artificial Intelligence (AI) in revolutionizing Pakistan’s salt industry. In a statement, Qasim Yaqoob Paracha outlined how AI could harness extensive social media data to comprehend consumer behavior, enabling the formulation of targeted marketing…