Oil and Gas Development Company Limited (OGDCL) on Tuesday signed a contract with SNF S.A., a French specialty chemical company and world leader in polyacrylamide production, for the installation and operation of advanced Water Injection Systems (WIS) at its Kunnar and Pasakhi oil fields located in Hyderabad district, Sindh. The project is projected to enhance oil production by approximately 9 mil
Asian stocks pushed higher on Wednesday despite the renewed artificial intelligence worries gripping international markets, while oil prices were under pressure after Iran touted progress in nuclear negotiations with the United States. The New Zealand dollar sank after the central bank said monetary policy needs to remain accommodative for some time to support the economic recovery. Japan’s
International Labour Organisation (ILO) findings showed that more than 80 percent of workers in Pakistan are employed in the informal economy, with limited rights, protection, and social security. Representatives of government, employers’ and workers’ organisations reaffirmed their commitment to advancing the transition to formal and protected work at a national tripartite forum convened by the
In a meeting held on February 17, 2026, the Board of Directors of The Bank of Punjab (BOP) approved the audited financial statements for the year ended on December 31, 2025. The Board expressed appreciation for the Management on Bank’s exemplary performance by delivering exceptional financial results across all areas of operations. Building on the strong foundation laid in previous years, the B
Huawei, a global leader in ICT solutions, has reaffirmed its commitment to supporting Pakistan’s digital transformation, positioning Artificial Intelligence (AI) at the center of the country’s economic and technological advancement. As Pakistan enters a critical phase of digital evolution, AI is emerging as a key driver for economic growth, improved governance, and innovation across the ICT sec