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IPPS

IPPs agreement revision/termination, Payouts to be impacted

KARACHI, October 10 2024: The Government of Pakistan plans to agree with five power producers to terminate their Power Purchase Agreement (PPA) prematurely. This includes two listed names, i.e., the base power plant for Hub Power (HUBC) and Lalpir Power Limited (LPL), one indirect listed name, Roush Power (through Altern Energy), and two unlisted players,…

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Stock

President urges businesses to invest in stock exchange calls for rationalizing interest rates

ISLAMABAD, October 9 2024: To improve the country’s economy, President Asif Ali Zardari has called for providing a business-friendly environment by further rationalizing the interest rate, providing cost-effective energy, and supporting export-oriented industries. He urged the business community to invest in the country’s stock exchange, besides focusing on industries that support small and medium enterprises…

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Lebanon

Pakistan dispatches first humanitarian assistance to lebanon

Islamabad, October 9 2024: The Prime Minister of Pakistan’s directives to provide humanitarian assistance to war-ravaged people of Lebanon. On the direction of the Prime Minister, NDMA arranged a special flight for 79 stranded Pakistanis from Lebanon on 9th Oct 2024 and arrived at Jinnah International Airport, Karachi. Upon their arrival, the evacuees were welcomed…

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Gaza

Global peace summit hosts first diplomatic round table on gaza crisis

KARACHI, October 9 2024: The Global Peace Summit (GPS) is committed to fostering collaborative solutions to the world’s most pressing challenges, aiming for a future characterized by peace, justice, and security for all. In this spirit, the Summit convened the “First Round Table on Humanitarian Cooperation on the Gaza Crisis,” where a diverse group of…

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Bank Alfalah

Bank Alfalah partners with cancer foundation hospital to support breast cancer patients

Karachi, October 9, 2024: Bank Alfalah has partnered with Cancer Foundation Hospital to provide life-saving treatment to women battling breast cancer. As part of this collaboration, Bank Alfalah and Roche Pakistan have contributed a total of PKR 10.75 million towards medication expenses and free-of-cost treatment for five breast cancer patients, ensuring they receive comprehensive treatment….

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