MENA Pakistan Press Releases

Hitachi Energy wins order for first subsea electricity interconnection between France and Spain

HVDC link improves the security and quality of power in the region, advancing the integration of emission-free energy Zurich, Switzerland, June 15, 2023 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it won an order from Electricity Interconnection France-Spain (Inelfe), the joint venture […]

Affairs

No Respite As Rupee Again Falls Against US Dollar

The Pakistani rupee reversed gains against the US Dollar during intraday trade today after opening trade at 287.225 in the interbank market, initially pushing higher by over Rs. 5 in a matter of hours.The Pakistani rupee was bullish earlier today with…

General

Usage of 4G Phones and Data Increased in FY23

Pakistan has achieved 54.1 percent broadband penetration over the past 8 years.According to a document available with ProPakistani, out of the total, 52.8 percent constitutes mobile broadband and 1.3 percent fixed broadband penetration.The document ad…

General

Amendments to State Bank Act Intolerable: Dar

Finance Minister Ishaq Dar Thursday said that amendments to the State Bank Act were ‘intolerable’.While speaking during the meeting of the Senate Committee on Finance and Revenue, the minister said that amendments to the State Bank are not complete ye…