Siemens Sells Energy Unit for Rs 17.8 Billion

on 23/10/2024

Siemens Pakistan Engineering Ltd (SPEL) has announced the approval of its board of directors to sell its energy business segment to Siemens Gamesa Renewable Energy (Pvt) Ltd, a non-affiliated entity, for approximately Rs 17.8 billion.In a stock filing on Monday, SPEL reported that the net book value of the energy business as of the valuation […]

Read More

Connecting Economies: A Call for Integrated Growth in the SCO Region:

on 23/10/2024

Prime Minister Shehbaz Sharif addressed the 23rd meeting of the Council of the Heads of Government (CHG) of the Shanghai Cooperation Organization (SCO) this week, emphasizing the critical role of a robust SCO in achieving sustainable development in the region. He underscored the importance of advancing a shared vision for an economically integrated area, advocating […]

Read More