Daily Archives: December 22, 2021

Hitachi Energy wins major contract for the first-of-its-kind sub-sea power transmission network in the MENA region advancing a sustainable energy future for Abu Dhabi

HVDC Light® will connect low-carbon power from the mainland grid to ADNOC’s production operations as a strategic project to enable a sustainable, flexible and secure power supply. Zurich, Switzerland, Dec. 22, 2021 (GLOBE NEWSWIRE) — Hitachi Energy today announced it

HPTN Studies Inform FDA’s Approval of ViiV Healthcare’s Long-Acting Cabotegravir Injections for HIV Prevention

DURHAM, N.C., Dec. 21, 2021 (GLOBE NEWSWIRE) — Data from the HIV Prevention Trials Network (HPTN) studies HPTN 083 and HPTN 084 helped provide important information for yesterday’s decision by the U.S. Food and Drug Administration (FDA) to approve ViiV

IT Minister Urges Ericsson Pakistan to Hire Local Youth

Delegation of Ericsson Pakistan Pvt. Ltd. called on Federal Minister for IT and Telecommunication, Syed Amin Ul Haque, on Wednesday.Matters related to digitalization and mobile phone manufacturing were discussed during the meeting.Talking to the delega...

Govt Doubles Local Car Production Target Under New Auto Policy

Federal Minister for Information and Broadcasting, Fawad Chaudhry, has said that the government has set a 0.5 million car production target under the new auto policy.The minister after the cabinet briefing informed the media that the government has set...

Pakistan-Iran-Turkey Freight Train Service Resumed After 9-Year Hiatus

Advisor to the Prime Minister on Commerce Abdul Razak Dawood has stated that regional connectivity is one of the most important pillars of the new and special Strategic Trade Policy Framework (STPF), compiled by the Ministry of Commerce.He made these

Shaheed Benazirabad Sit-in Could Cause $4 Million Loss to National Exchequer

As many as 250 containers, carrying Kinnow from Punjab to Karachi, have been stuck at the National Highway in Qazi Ahmed town of Shaheed Benazirabad district of Sindh due to a sit-in. The sit-in, if prolonged, will cause a huge

QisstPay Gets Pakistan’s First Non Banking Finance Company License

For the first time in the country’s bleak startup history, the Securities and Exchange Commission of Pakistan (SECP) has awarded a Non-Banking Finance License to the highly popular Buy Now Pay Later (BNPL) startup QisstPay.According to the company’s co...

Cabinet Delays Rs. 360 Billion Mini-Budget As IMF Loan Nears Maturity

The federal cabinet has postponed the ratification of the proposed Rs. 360 billion mini-budget and a contentious central bank autonomy legislation to analyze government capital and national security.The government has delayed the announcement for the i...