approval

The Minister of Petroleum denies the Council of Ministers’ approval to sell a 15% stake in Rico Deck Company to Saudi Arabia – Trendy Blogger

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The Minister of Petroleum denies the Council of Ministers’ approval to sell a 15% stake in Rico Deck Company to Saudi Arabia – Trendy Blogger

Petroleum Minister Mosaddeq Malik said discussions with Saudi Arabia regarding the sale of shares in the Reko Diq mine are progressing positively, with the deal expected to be completed soon. Speaking about reports about the federal cabinet approving the sale of a 15% stake, Malik denied the allegations and termed them untrue. He added: “The … Read more

OGRA’s approval to raise gas prices may make a minor dent in revolving gas debt – Trendy Blogger

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OGRA’s approval to raise gas prices may make a minor dent in revolving gas debt – Trendy Blogger

In a move that makes some progress towards tackling rising circular debt in Pakistan’s gas sector, the Oil and Gas Regulatory Authority (OGRA) has approved significant price increases for the country’s two major gas distribution companies. The decision, announced on December 18, 2024, allows Sui Northern Gas Pipelines (SNGP) and Sui Southern Gas Company (SSGC) … Read more

Musk received court approval to appeal the decision to pay Tesla $56 billion – Trendy Blogger

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Musk received court approval to appeal the decision to pay Tesla billion – Trendy Blogger

A Delaware judge has allowed Elon Musk and Tesla to begin legal challenges to reinstate the CEO’s $56 billion pay package, the largest in the company’s history. Counsel Kathleen McCormick of the Delaware Court of Chancery issued an order Friday, opening a 30-day window to appeal to the Delaware Supreme Court. The appeal challenges McCormick’s … Read more

Pakistan expands BISP program with approval of $330 million loan – Trendy Blogger

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Pakistan expands BISP program with approval of 0 million loan – Trendy Blogger

ISLAMABAD: The cash-strapped federal government has approved a $330 million (Rs92 billion) loan for Benazir Income Support Program (BISP) beneficiaries. This approval coincides with the International Monetary Fund’s renewed emphasis on transferring responsibility for social protection to the most financially stable governorates. The Central Development Working Party (CDWP), headed by Planning Minister Ahsan Iqbal, has … Read more

The PSMA is seeking approval for additional sugar exports, citing a surplus of more than 1.08 million tonnes – Trendy Blogger

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The PSMA is seeking approval for additional sugar exports, citing a surplus of more than 1.08 million tonnes – Trendy Blogger

ISLAMABAD – The Pakistan Sugar Mills Association (PSMA) has sought government approval for additional sugar exports, citing a surplus of over 1.08 million tons at the start of the new crushing season. The appeal was made on Thursday during a meeting of the Sugar Advisory Council chaired by Federal Minister for Industries and Production Rana … Read more