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Once fully functional, the complex could (conservatively) scrape in anywhere between $1 billion to $2 billion annually, they added. PKONWEB Report — The Senate Standing Committee on Defense Production has
Continue readingPakistan to Accelerate Shipbuilding Project in Gwadar
President Trump’s energy policy focuses on global energy supremacy BE2C2 Report — Exxon Mobil Corp and Qatar Petroleum told the U.S. Federal Energy Regulatory Commission (FERC) on Thursday they would start construction of
Continue readingExxon, Qatar to Start Construction on $10B LNG Export Terminal in Texas
Sohar 3 dual fuel-fired power plant, the second largest power plant in the sultanate, generates 1,710MW electricity in net. The plant is located inside the Sohar Industrial Port area. DESPARDES
Continue readingOman’s New $1B Power Plant Starts Operation in Sohar
The IMF’s has been pushing Pakistan to make tax efforts equal to 1.7 per cent of GDP that requires at least Rs600bn additional taxes or tax collection; the World Bank
Continue readingPushing the Edges: FBR Drive Yields Incremental Successes
DESPARDES News Monitor — President Donald Trump has opened a new front in his ongoing tariff war with China: Mexico. Global stock markets have shed over $2 trillion in value
Continue readingTrade Fears Erase Over $2Tr From Global Stocks in May
Malaysian Prime Minister Mahathir Mohamad on Thursday mooted the idea of a common trading currency for East Asia that would be pegged to gold, describing the existing currency trading in
Continue readingMahathir Proposes Common Currency for Trade in East Asia
Economist and Wealth Detective Gabriel Zucman Finds the Hidden Money of the Super Rich; The Minimum Amount Zucman Calculated the Wealthy Stash in Offshore Accounts: US$7.6 Trillion, On the Basis
AYSHA AHMED — The enthusiastic, capable and hardworking class of Pakistan’s youth currently: 1. finds good jobs locally (corporate sector); 2. migrates abroad to countries like Canada and Australia; 3. seeks
Continue readingConvert 100B Loan Program For Youth, Our Future, Into One-Window Initiative
LABBAIK VR is world’s first fully-developed Virtual Reality (VR) Hajj Simulator, to ease first-time pilgrims’ anxieties and train them for their spiritual journey PKONWEB Report — Pakistani web developer Muhammad
Continue readingLabbaik VR: Pakistani Startup’s Hajj, Umrah Training Simulator World’s First
Industry experts say energy imports is an emerging threat to economy. In their opinion, it is easier to displace billions of dollars in energy imports than to increase exports by
Continue readingPower Management Yields $435M (Rs53B) Addtl. In Recoveries
Jomo Kwame Sundaram — After the failure and abuses of privatization and contracting-out services from the 1980s, there has been renewed appreciation for the role of the state or government.
Aramco doesn’t currently produce LNG; Its trading arm sold its first LNG cargo on the spot market in late March to an Indian buyer; In April an Aramco team was
Continue readingSaudi Aramco Signs U.S. LNG Deal, Eyes Global Market Including Pakistan, India