Karachi, April 21, 2020: Ciena Group of USA has expressed its interest in reviving Tuwairqi Steel Mills Limited (TSML), a cutting-edge $ 340 million 1.28 MTPY Direct Reduction of Iron (DRI) plant which has been lying idle since 2013. After coming into production in January 2013, TSML’s DRI plant had to be shut-down in September…
Karachi, April 07, 2020: Accountancy experts say economic confidence in Q1 has capitulated as the Pakistani economy struggles to get to grips with the fallout from the Coronavirus. A national survey of senior accountancy practitioners, who reflect the outlook of a large number of businesses they advise, found that confidence has fallen by more than…
Washington D.C, United States, March 06, 2020: Carnegie Endowment for International Peace (CEIP), one of the world’s leading international peace and strategic insight think tanks, invited Ambassador Ali Jehangir Siddiqui to speak on Pakistan’s investment climate and existing Pakistan-U.S. business ties. In his opening remarks, Ambassador Siddiqui highlighted the Government of Pakistan’s efforts to attract…
Karachi, December 11, 2019: “China is exemplary in the way it rapidly progresses in the information and communication technology (ICT) sector, and Huawei’s investment in developing ICT talent is enabling Pakistan to upgrade its information technology industry”. These thoughts were expressed by H.E. Naghmana Hashmi, Ambassador for Pakistan in China, during a speech at the…
Cuts carbon emissions from electrical consumption by 15pc. Dubai, October 04, 2019: Emirates Flight Catering (EKFC), one of the world’s largest catering operations, has successfully commissioned a state-of-the-art solar power system across its premises, which is expected to deliver an annual reduction of 3 million kg of greenhouse gas emissions. This is part of EKFC’s…