Data Centers, Cloud Computing, AI: Mari Petroleum to Invest Rs10 Bn in New Subsidiary.

on 09/10/2024

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest exploration and production companies, has approved a Rs10 billion (approximately $36 million) investment to establish a wholly-owned subsidiary focused on technology-driven ventures. The announcement was made in a notice to the Pakistan Stock Exchange (PSX) this month.During an emergent board meeting on September 23, 2024, the […]

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Innovative approaches to sustainable construction technologies.

on 09/10/2024

ACEP, in collaboration with PEC, organized a seminar on innovative approaches to sustainable construction technologies. The speakers, Mr. Amir ul Islam and Mr. Enes Keskin, shared valuable insights on mechanical rebar couplers and their applications in various residential, commercial, and infrastructure projects, emphasizing steel savings and innovative solutions. The importance of adapting to evolving technologies […]

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PAK-INDUSTRIA: A Call to Promote Domestic Industries

on 09/10/2024

The three-day “PAK-INDUSTRIA” exhibition served as an exceptional platform for both domestic and international suppliers to showcase their high-quality products. Jam Ikramullah commended the participation of local industrialists, extending his well-wishes for their continued success. He emphasized that his office doors would always remain open for them, ensuring full cooperation. Ikramullah encouraged local entrepreneurs to […]

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Kohinoor Power Calls Off Merger with Saritow Spinning Mills

on 09/10/2024

Kohinoor Power Company Limited (KOHP) announced this month that it is no longer pursuing a merger with Saritow Spinning Mills Limited (SSML), citing challenging economic and operational conditions. The company communicated this decision in a notice to the Pakistan Stock Exchange (PSX), signaling a significant shift in its strategic plans.According to the notice, the Boards […]

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Navigating Thar Coal Dilemma: A Complex Energy Future for Pakistan

on 09/10/2024

In the heart of Pakistan’s energy discourse lies the Thar coal gasification debate, a contentious issue that juxtaposes the nation’s pressing energy needs against its environmental commitments. A recent study has surfaced, shedding light on the complexities surrounding coal gasification—a process argued to have a lesser environmental footprint compared to the direct burning of coal […]

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