Barrick Says Reko Diq Needs Better Security Before Full Construction
Barrick CEO Mark Hill says security conditions need to improve before the company commits to a full construction schedule at Pakistan's Reko Diq copper-gold project.
Pakistan business, companies, markets, investment and industry news.
Barrick CEO Mark Hill says security conditions need to improve before the company commits to a full construction schedule at Pakistan's Reko Diq copper-gold project.
Punjab Revenue Authority and the World Bank have agreed to develop advanced digital tax systems and a reform roadmap, including greater use of databases and inter-departmental data integration.
Pakistan’s new Public Procurement Rules 2026 have taken immediate effect, making EPADS mandatory for federal procurement and disposal while preserving the 2004 rules for cases already initiated.
A 750,000-litre shipment reached Peshawar by rail, with another one-million-litre consignment scheduled as authorities use freight trains to support PSO depot supplies.
Attock Refinery, National Refinery, Pakistan Refinery and Cnergyico have signed upgrade agreements covering about $5 billion of investment over five years.
Pakistan has discussed potential US EXIM support for PIA aircraft and engines, Boeing 777 spare parts, pre-delivery payments and refinery upgrades.
NEPRA has notified K-Electric's average base tariff at Rs32.37 per unit, while Karachi consumers remain covered by the government's uniform tariff framework.
Boeing will submit a revised aircraft acquisition proposal to Pakistan International Airlines as the two sides explore delivery, leasing, financing and maintenance options.
Pakistan's benchmark KSE-100 Index gained 268.58 points to close at 171,153.16 on September 21 as easing international oil prices supported investor sentiment.
Pakistan is discussing possible US financing support for a multibillion-dollar programme to modernise its oil refineries and expand production of cleaner fuels.
Pakistan and other major Asian buyers are cutting LNG use as disruption to Middle Eastern exports pushes spot gas prices towards $30 per MMBtu.
Accumulated losses at PIA Holding Company have reached about Rs741 billion, highlighting the cost of legacy debt left behind by the airline’s restructuring.
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