Pakistan needs $390 billion investment to transition to low-carbon energy by 2050: Asian Development Bank – Trendy Blogger

Pakistan needs 0 billion investment to transition to low-carbon energy by 2050: Asian Development Bank  

 – Trendy Blogger

Pakistan will need more than $390 billion in additional investments by 2050 to transition toward low-carbon energy solutions, including switching from coal to gas in industries, electrifying transportation, and replacing gas with electricity for cooking, according to a recent report by the Organization of Islamic Cooperation. . Asian Development Bank (ADB). The report, titled “Pakistan’s … Read more

Privatization of the Pakistan Investment Authority is a government-to-government option since traditional bids fail – Trendy Blogger

Privatization of the Pakistan Investment Authority is a government-to-government option since traditional bids fail

 – Trendy Blogger

The Ministerial Committee on Privatization (CCoP) on Thursday reaffirmed its commitment to divestment of Pakistan International Airlines (PIA) while mentioning the government-to-government (G2G) option for the first time. The shift comes after the committee rejected a Rs10 billion bid from the Blue World City consortium, which did not meet the minimum target of Rs85 billion … Read more

Pakistani Investment Minister Al-Falih says Pakistani-Saudi economic relations “have no limits” – Trendy Blogger

Pakistani Investment Minister Al-Falih says Pakistani-Saudi economic relations “have no limits”

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Saudi Investment Minister Khalid bin Abdulaziz Al-Falih addresses the Pakistan-Saudi Business Forum in Islamabad, on October 10, 2024. — Screengrab/GeoNews We must strengthen Pakistan’s economy: Investment Minister. A Saudi minister praises Islamabad for achieving economic stability. Dignity emphasizes shared economic and social values. Saudi Investment Minister Khalid bin Abdulaziz Al-Falih said on Thursday that relations … Read more