August 13, 2026
A two-day Joint Ministerial Commission has produced agreement on online B2B sessions covering seafood, fruit, vegetables, seeds and dairy, mutual recognition of standards and testing, and a new Joint Working Group on Trade.
Listen to the article Pakistan’s largest shelf, Cnergyico, will import 1 million barrels of oil from Vitol in October, USAMA Vice President of USA Qureshi told Reuters on Friday, noting the first market for US crude after a land trade agreement. The West Texas intermediate load will be loaded by Houston this month and is expected to arrive in Karachi in the second half of October, Qureshi said. “This is a test load under the umbrella agreement with Vitol. If it is commercially viable and available, we could enter at least one load per month,” he said, adding that the
KARACHI: Hub Power Company (Hubco) has announced that it will further diversify its business portfolio by entering the mining sector to boost its earnings as its core business of generating electricity from expensive oil continued to weigh on its economic value. government amid the energy pricing crisis in the country. Along with the diversification announcement, the company on Monday reported a net consolidated profit of Rs 75.29 billion for the year ended June 30, 2024, up 21.5% from Rs 62 billion in the previous year, on the back of notable profits from affiliated companies. It translated to earnings per share
KARACHI: Amid the challenges facing the auto industry, several local companies have launched diversification strategies to mitigate losses and tap into new revenue streams. With the onset of the Covid-19 pandemic and subsequent import bans, numerous companies in the automotive sector, also known as the engineering industry, have turned to producing a diverse range of products to serve both national interests and their own profitability. Speaking to The Express Tribune, Auto Sector Expert and Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM), former chairman and director of Mehran Commercial Enterprises, Mashood Khan said, “They can leverage their resources —
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October 26, 2026
The Pakistan Daily
October 26, 2026
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