Riaz Missen

Pakistan Charts New Course to Transform Energy Sector

Energy Ministry sets sights on 60% renewable power and 30% electric vehicles by 2030 under ambitious energy overhaul ISLAMABAD July 2 – Pakistan’s Ministry of Energy has outlined a bold strategy to overhaul the country’s energy landscape, aiming to reduce inefficiencies, attract foreign investment, and transition towards cleaner, smarter energy …

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Twin Cities on High Alert After Heavy Downpour

WASA declares rain emergency in Rawalpindi as water levels surge in Nullah Lai; urban flooding feared amid continued monsoon spellIslamabad/Rawalpindi, July 1:Following a heavy downpour on Monday, authorities in the twin cities of Islamabad and Rawalpindi are on high alert, with WASA Rawalpindi declaring a rain emergency amid rising water …

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Petrol Price Hike Deepens Economic Woes Amid Fiscal Pressures

With over Rs80 in taxes per litre, government leans on fuel pricing to patch up fiscal shortfalls Islamabad, July 1 — The federal government has put up fuel prices once again, raising petrol by Rs8.36 to Rs266.79 per litre and high-speed diesel (HSD) by Rs10.39 to Rs272.98. The revised prices, …

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IHC Shuts Down CDA Over Unchecked Taxation, Governance Overreach

Court strikes blow to unaccountable rule, calls for refund of illegally collected taxes ISLAMABAD, June 28 — In a significant ruling set to reshape municipal governance in the federal capital, the Islamabad High Court (IHC) has directed the federal government to dissolve the Capital Development Authority (CDA) and transfer its …

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World Bank Doubles Down on Education, Water Security to Lift Balochistan

AI-based systems will be rolled out to track enrolment, teacher quality, and climate outcomes, cutting through bureaucratic lags ISLAMABAD June 26, 2025: The World Bank has rolled out two transformative projects worth $194 million in Balochistan, aiming to tackle learning poverty and shore up water security as part of a …

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NBP steps up support for SMEs with expanded and streamlined financing

The initiative aligns with SBP reforms to unlock SME financing through regulatory overhaul and expanded credit access KARACHI, June 25— In a challenging economic environment marked by soaring energy prices, persistent inflation, and high interest rates, the National Bank of Pakistan (NBP) has stepped up to ease financing hurdles for …

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Real estate sector reels under Islamabad’s aggressive anti-construction drive

Islamabad’s anti-construction crackdown sparks sectoral backlash, exposing deep regulatory rifts and urban governance challenges ISLAMABAD, June 25 — The Islamabad Capital Territory (ICT) administration has intensified its crackdown on unauthorized construction, warning that no building activity—whether residential or commercial—can proceed without formal approval from the Capital Development Authority (CDA). The …

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