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ML-1 Karachi-Rohri section upgradation: ADB mulling up to USD1.1bn financing

ISLAMABAD: The Asian Development Bank (ADB) is considering up to USD 1.1 billion in financing for upgrading Pakistan Railways’ Main Line-1 (ML-1) Karachi-Rohri section. The proposed investment is aimed at transforming the country’s key passenger and freight corridor through climate-resilient infrastructure, modern signalling and stronger…

Govt to penalise refineries failing to sign UAs by Oct 1

ISLAMABAD: The federal government has decided to impose financial penalties on oil refineries that fail to execute Upgradation Agreements (UAs) with the Ministry of Energy (Petroleum Division) by October 1, 2026, well-informed sources in the Petroleum Division told Business Recorder .

NACCIMA, NITDA sign digital economy pact

A digital economy pact has been sealed between the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the National Information Technology Development Agency…

  • NACCIMA and NITDA sign digital economy pact
  • Agreement strengthens businesses' access to digital solutions
  • MoU aims for $1 trillion economy through digital innovation

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