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The potential to fuel the new industrial age

In the longer term, the investment potential in Pakistan is huge,” says Alfred Grannas, the German Ambassador to Pakistan. In an informal interview at Dawn‘s head office, the ambassador outlined the country’s potential for exporting hydrogen. “Pakistan has potential for wind and hydropower. It is one of the most promising things that can be built up to a large scale — hydrogen generated through

Centre blocks Punjab’s Rs400bn health insurance scheme

Amid challenging engagements with international lending agencies to unlock external flows for the balance of payments and flood recovery, the Centre has cast off Punjab’s Rs400 billion health insurance scheme in its present form and size, targeting the entire population of the province, including the rich and the poor. The project, named “Implementation of Universal Health Coverage under Health

Oil prices edge higher as IEA’s Birol talks up China demand outlook

Oil prices inched up in early trade on Monday after falling around eight per cent last week to more than three-week lows as jitters over major economies outweighed signs of a demand recovery in China, the world’s top oil importer. Brent crude futures crawled up 16 cents, or 0.2pc, to $80.10 a barrel at 0022 GMT, while US West Texas Intermediate (WTI) crude futures rose 15 cents, also 0.2pc high

Stocks close in green on value-hunting

Share prices moved within a short range on Thursday owing to the ongoing political instability. Arif Habib Ltd said the stock market opened in the negative zone but stocks later fluctuated both ways. The benchmark of representative shares reached an intraday high of 206.72 points and finished in the green territory as investors showed optimism about the disbursement of the ninth tranche of the

Telcos slam govt for pegging licence renewal to dollar

Key players in the telecom sector have criticised the government for pegging telecom licence renewal to the US dollar, describing it as the biggest threat to the information and communications technology industry, and demanded that the government revisit the policy if it wanted to realise the Digital Pakistan vision. Besides forwarding their concerns to relevant government quarters, three out o