Friday, August 1st, 2025
ICCI, FCCI Presidents Vow Joint Efforts for Pro-Business, Export-Oriented Policies
ISLAMABAD, AUG 1 /DNA/ – In a landmark development aimed at strengthening Pakistan’s economic framework, a high-level meeting was held between Rehan Naseem Bharara, President of Faisalabad Chamber of Commerce and Industry (FCCI), and Nasir Mansoor Qureshi, President of Islamabad Chamber of Commerce and Industry (ICCI) during the former’s visit to ICCI. During the meeting, the two presidents discussed the prevailing economic challenges, with a special focus on business-related issues, exports, and foreign investment. They jointly agreed to collaborate closely for the formulation of business-friendly and export-oriented policies, vital forRead More
Australian high commissioner meets PTI Chairman Barrister Gohar
ISLAMABAD, AUG 1 /DNA/ – The Australian High Commissioner in Pakistan, Excellency Neil Hawkins, met the Acting Chairman of Pakistan Tehreek-e-Insaf (PTI), Barrister Gohar Ali Khan on 31 July. Barrister Khan apprised Excellency Hawkins about the evolving political situation in the country and PTI’s efforts for restoration of the constitution and rule of law. He also spoke about the state of the judiciary after the passage of the 26th constitutional amendment whereby it has been rendered subservient to the dictation of the executive. The manner in which mass convictions areRead More
OGDCL announces new oil discovery in Tando Allah Yar
ISLAMABAD, AUG 1 /DNA/ – Oil and Gas Development Company Limited (OGDCL), as the operator of the TAY Exploration License with a 95% working interest, along with its joint venture partner, Government Holdings (Private) Limited (GHPL), which holds a 5% carried interest, has announced an oil discovery at the Chakar-1 exploratory well located in the Tando Allah Yar district of Sindh. The Chakar-1 well was spudded on June 2, 2025, as an exploratory well under the Tando Allah Yar Exploration License and drilled to a total depth of 1,926 metersRead More
Petrol price drops by Rs7.54 per litre for next fortnight
ISLAMABAD: The federal government has slashed petrol price by Rs7.54 for the next fortnight, effective August 1, the Finance Division said on Thursday. In a notification, the Finance Division said that after the decrease, the petrol price has been lowered to Rs264.61 per litre. Meanwhile, the rate of diesel was increased by Rs1.48 per litre, pushing the price of the petroleum product to Rs285.83 per litre, the notification added. The decision was taken following a review of prevailing international market trends and upon the recommendations of Oil and Gas Regulatory Authority andRead More
Senator Waseem hosts Japanese ambassador to strengthen bilateral ties
ISLAMABAD, AUG 1 /DNA/ – Senator Dr. Shahzad Waseem hosted a reception at his residence to honour Akamatsu Schuichi, Ambassador of Japan to Pakistan. The Senator commended Ambassador Akamatsu’s dynamic and purposeful engagement since taking office, including his active public outreach, support for infrastructure projects, and efforts in human resource development. He especially noted the significance of the Pakistan–Japan Human Resources Stakeholders Meeting as a milestone for talent exchange and workforce collaboration. Highlighting the broader bilateral relationship, the Senator described Pakistan–Japan ties as historic and forward-looking, grounded in mutual respect and sharedRead More
New Gwadar Int’l Airport to restore two commercial flights
GWADAR, AUG 1 /DNA/ – New Gwadar International Airport (NGIA) is set to restore two commercial flights on August 4. Currently, NGIA has been operating only one Karachi–Gwadar flight per week over the past few months. Previously, two Karachi–Gwadar flights had been suspended. With their reactivation, three flights will now operate on Monday, Thursday, and Saturday. The restoration plan was initiated after Gwadar Port Authority (GPA) Chairman Noor ul Haq and Federal Minister for Maritime Affairs Muhammad Javed Anwar Ch pleaded the case during a meeting held in Islamabad onRead More