News

ADB delegation reviews construction of STP project

A delegation of the Asian Development Bank (ADB) mission visited Mardan to review the construction progress of the ongoing Sewerage Treatment Plant (STP) and directed the concerned authorities to ensure its early completion. The delegation also visited the office of the Water and Sanitation Services Company Mardan (WSSCM). On this occasion, a special meeting was held under the joint chairman

Growing economic stability boosts global investors trust

The growing economic stability and reforms initiatives have further strengthened global investors trust in Pakistan. According to Adviser to the Finance Minister Khurram Schehzad, Pakistan’s stronger financial position is further enhancing the country’s global economic standing. In a statement, he said the participation of a large number of international institutions and investors in the vir

Fauji Fertilizer announces financial results for 2025

Fauji Fertilizer Company Limited (FFC) has announced its financial results for the year ended December 31, 2025 in its Board of Directors meeting held on January 29, 2026. The fertilizer market was oversupplied for most of the year, driven by adverse climate conditions, irregular crop yields, and farmer economics, leading to higher industry-wide inventory levels. However, the Company’s effectiv

Businessmen laud PM’s new incentives for export industry

The business community has expressed appreciation for Prime Minister Shehbaz Sharif’s recent announcement of incentives for Pakistan’s export industry, according to former Chairman of the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) North Zone, Adeeb Iqbal Sheikh, who spoke on Sunday. Industry leaders recognised this initiative as a crucial step toward revitalising th

Trump says he welcomes Chinese investment in Venezuelan oil

US President Donald Trump said Saturday he would “welcome” Chinese investment in Venezuela’s oil industry as the South American country seeks to revive its battered economy following the ouster of leader Nicolas Maduro. Venezuela sits on the world’s largest proven oil reserves and reformed laws this week to open the sector up to private and foreign investment. China had been the dominant buyer