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Govt urged to invest in education, skills

[ A delegation of local retailers visited the Islamabad Chamber of Commerce and Industry. PHOTO: FILE KARACHI: Acting Islamabad Chamber of Commerce and Industry (ICCI) President Tahir Ayub on Saturday called for a comprehensive national strategy to transform Pakistan’s rapidly growing population into a productive economic force through sustained investments in education, healthcare, skills development, … Read more

Rising costs slow factory rentals

[ KARACHI: Karachi’s industrial property market is showing signs of a slowdown, with brokers across the city’s major industrial estates reporting weakening demand for factory rentals from SME manufacturers grappling with rising costs. While inquiries for industrial sheds and small factory units continue, fewer prospective tenants are willing to finalise rental agreements after calculating the … Read more

Former emir of Qatar, Sheikh Hamad bin Khalifa Al Thani, dies at 74

Sheikh Hamad bin Khalifa al-Thani during the opening ceremony of the Gulf Cup, Khalifa International Stadium, Doha, Qatar, November 26, 2019. PHOTO: REUTERS Qatar’s former emir, who revolutionised Qatar out of its Bedouin background to a regional powerhouse, has died at the age of 74, the nation’s Amiri Diwan, its top government body, said on Sunday. Sheikh Hamad bin Khalifa Al Thani ruled Qatar from 1995 to 2013, before abdicating to … Read more

Venezuela quakes have killed 4,333

. CARACAS: The death toll from the two earthquakes that struck Venezuela on June 24 has risen to 4,333, National Assembly President Jorge Rodriguez told reporters on Saturday, announcing that the distribution of housing to those affected will begin next week. Meanwhile, 315 of the dead have not yet been identified, the official said. The … Read more

BESS key to energy transition, grid stability

[ Leghari says committee drawing up national policy, accelerating regulatory measures ISLAMABAD: Federal Minister for Energy (Power Division) Awais Ahmed Khan Leghari on Saturday said that BESS would play a pivotal role in Pakistan’s energy transition by enhancing grid stability, supporting greater integration of renewable energy and paving the way for widespread adoption of electric … Read more

US lawmaker detained by settlers

FIRST-HAND KNOWLEDGE: US Representative Ro Khanna (D-CA) stands next to Palestinian residents of Turmus Ayya, near Ramallah, during a visit in the Israeli-occupied West Bank. REUTERS WEST BANK/ TURMUS AYYA: US Democratic lawmaker Ro Khanna said he was detained by Israeli settlers armed with US-made rifles during a West Bank visit this week that he … Read more

Rs423b CPEC power dues unpaid

[ ISLAMABAD: As the government’s search for $10 billion cheaper financing continues to pay off expensive energy loans, the outstanding dues of China-Pakistan Economic Corridor (CPEC) power projects remained at Rs423 billion by June due to non-resolution of the late payment surcharge issue. After struggling to get loans from multilateral lenders, the government is looking … Read more