The Cabinet Committee on State-Owned Enterprises (CCoSOEs) made a significant decision on Monday, approving the Power Division’s proposal for the nomination of independent directors for specific electricity distribution companies. This decision, which is now set for onward submission to the cabinet, is very important for the future of these companies. The committee meeting, chaired by Fi
The Pakistan Stock Exchange (PSX) crossed another milestone of 75,000 as jubilant investors continued value-hunting in the outgoing week amid an improved economic outlook. Arif Habib Ltd (AHL) said the market performed robustly in all five sessions of the week, closing at an all-time high of 75,342 points. The bullish market sentiment was fuelled by optimism surrounding the potential negotiatio
Gender equality is not just a basic human right. It is also a cornerstone of a thriving, contemporary economy that fosters sustainable, inclusive growth. Acknowledging that gender equality is crucial ensures that both men and women can contribute fully to advancing societies and economies. The path forward is challenging. According to a report by the Organisation for Economic Co-operation and D
Pakistan has been grappling with severe and persistent energy challenges for decades. These challenges have been further exacerbated by the country’s severe economic difficulties, creating a pressing need for immediate reforms. Yet, no significant change can be expected if the sector continues to be governed in a similar manner, that is, centralised decision-making at the Power Division. If pro
Pakistan has been grappling with severe and persistent energy challenges for decades. These challenges have been further exacerbated by the country’s severe economic difficulties, creating a pressing need for immediate reforms. Yet, no significant change can be expected if the sector continues to be governed in a similar manner, that is, centralised decision-making at the Power Division. If pro