Omar Ayub declared opposition leader in NA
Tag: Omar Ayub
Minister appreciates ADB’s loan of $300 mln for Pakistan’s capital markets
ISLAMABAD, Mar 22 (APP):Minister for Economic Affairs Omar Ayub Khan Tuesday appreciated the approval of $300 million by Asian Development Bank under Capital Market Development Program (SP-2). This program aims to support demand and supply measures to broaden and deepen the financial system in Pakistan with strong legal and regulatory framework. In his tweet the… Continue reading Minister appreciates ADB’s loan of $300 mln for Pakistan’s capital markets
Pakistan, IsDB sign $180 mln pacts to finance Mohmand Dam Project
ISLAMABAD, Mar 21 (APP):Pakistan and Islamic Development Bank (IsDB) Monday signed three Framework Agreements amounting to US$ 180 million to provide financing for the Mohmand Dam Hydropower Project (MDHP). The financing agreements were signed by Secretary Economic Affairs Division Mian Asad Hayaud Din and Special Adviser to the President, IsDB Mohammad Jamal AlSatti. The signing… Continue reading Pakistan, IsDB sign $180 mln pacts to finance Mohmand Dam Project
Omar Ayub chairs meeting to discuss economic cooperation with Afghanistan
ISLAMABAD, Sep 29 (APP): Minister for Economic Affairs Omar Ayub Khan has said that Pakistan is keen to support the people of Afghanistan to address their socio-economic challenges. He said this while chairing a high-level meeting held here to discuss the bilateral economic cooperation with Afghanistan, said a press release. The meeting was attended by… Continue reading Omar Ayub chairs meeting to discuss economic cooperation with Afghanistan
KPL’s colour to reflect across LoC: Omar
ISLAMABAD, Jul 24 (APP):Federal Minister for Economic Affairs Omar Ayub believed the Kashmir Premier League (KPL) has echoed voices of concern in the neighbouring country India, as a league would run in Azad Jammu and Kashmir (AJK) whereas the Indian Illegally-Occupied Jammu and Kashmir (IIOJ&K) was kept under fear and captivity. “KPL was a golden… Continue reading KPL’s colour to reflect across LoC: Omar
KPL players drafting on July 3
ISLAMABAD, Jun 12 (APP): The Kashmir Premier League (KPL) on Saturday announced that the players’ drafting to select national, international and emerging players would take place on July 3. This was announced at a colorful ceremony of the league held here. On the occasion, Federal Minister for Economic Affairs Omar Ayub, President KPL Arif Malik… Continue reading KPL players drafting on July 3
E&P companies’ delegation calls on Omar Ayub
ISLAMABAD, Apr 15 (APP):A delegation, comprising heads of different Exploration and Production (E&P) companies, Thursday called on Minister for Energy Omar Ayub Khan and discussed matters related to the oil and gas sector. The chief executive officers of E&P companies including Dewan Group, Orient Petroleum, Oil and Gas Development Company, Pakistan Petroleum Limited, Mari Petroleum,… Continue reading E&P companies’ delegation calls on Omar Ayub
NTDC completes up-gradation of 220kV double circuit Jamshoro-KDA 33 transmission line: Omar
ISLAMABAD, Mar 27 (APP): Minister for Power Division Omar Ayub Khan has said National Transmission and Despatch Company (NTDC) has completed the up-gradation of 220kV double circuit transmission line from Jamshoro to KDA-33. “Alhamdulliah another achievement of PTI government and a good news for Karachi to get Addtional 450 MW this summer as NTDC has… Continue reading NTDC completes up-gradation of 220kV double circuit Jamshoro-KDA 33 transmission line: Omar
Pakistan to be made tourism-magnet to catch world adventurers: Omar Ayub
ISLAMABAD, Mar 05 (APP): Minister for Energy Omar Ayub Friday said the government was making all-out efforts to attract the attention of tourists across the globe to exploit the country’s real potential in the tourism sector. “Pakistan will be made tourism-magnet to get the attention of world adventurers in line with the vision of Prime… Continue reading Pakistan to be made tourism-magnet to catch world adventurers: Omar Ayub
Pakistan, Qatar sign LNG supply agreement
ISLAMABAD, Feb 26 (APP): Qatar will provide Pakistan three million ton Liquified Natural Gas (LNG) for 10 years as the two countries entered into an agreement on Friday. Prime Minister Imran Khan witnessed the signing of agreement that took place here at the PM House. Federal Minister for Energy Omar Ayub Khan and Qatar’s Energy… Continue reading Pakistan, Qatar sign LNG supply agreement
Industrial use of electricity witnesses 17 % increase in Jan: Omar Ayub
ISLAMABAD, Feb 23 (APP):Minister for Power Division Omar Ayub Khan on Tuesday said that industrial use of electricity witnessed about 17 per cent increase in January this year owing to provision of power to the industry at concessional rates and abolishing peak hours factor. In a tweet, the minister said the Industry has started performing… Continue reading Industrial use of electricity witnesses 17 % increase in Jan: Omar Ayub
Govt hammering out long-term energy policy to provide cheap electricity to masses: Energy Minister
FAISALABAD, Feb 18 (APP):Federal Minister for Energy Omar Ayub Khan on Thursday said the government was hammering out a long-term energy policy to provide cheap electricity to the masses. Under this plan for the first time in the history of Pakistan, comprehensive energy needs and its modalities were being determined up to 2040, he added.… Continue reading Govt hammering out long-term energy policy to provide cheap electricity to masses: Energy Minister
PDM parties have no objective other than to save their corruption: Omer Ayub
HARIPUR, Jan 26 (APP): Federal Minister for Power Omer Ayub Khan Tuesday said that opposition parties had gathered under the umbrella of the Pakistan Democratic Movement (PDM) to save their corruption. He expressed these views while addressing a public gathering at Ghazi after the inauguration of Jhamra road worth Rs 50 million. The minister further… Continue reading PDM parties have no objective other than to save their corruption: Omer Ayub
Govt pays Rs 473 bln subsidy to power sector during last year
ISLAMABAD, Jan 21 (APP): Federal Minister for Energy Omar Ayub on Thursday said the government had paid Rs 473 billion subsidy to power sector during last year despite economic crunch. Addressing a press conference accompanied by Minster for Planning and Development Asad Umer and Special Assistant to Prime Minister for Power Tabish Gohar, he said… Continue reading Govt pays Rs 473 bln subsidy to power sector during last year
Independent inquiry underway to ascertain root cause of power outage: Omar
ISLAMABAD, Jan 15 (APP): Federal Minister for Energy Omar Ayub Khan on Friday informed the Senate that an independent inquiry was being underway to ascertain the root cause of the recent power breakdown in the country. Concluding debate on a motion about gas and energy crisis in the entire country, he said eight major power… Continue reading Independent inquiry underway to ascertain root cause of power outage: Omar
Shibli Faraz appreciates Omar Ayub, team for restoration of electricity
ISLAMABAD, Jan 10 (APP): Minister for Information and Broadcasting Senator Shibli Faraz Sunday said that Minister for Energy Omar Ayub and his team which worked hard had the credit for restoration of power in different parts of the country. In a tweet, Shibli Faraz said that Omar Ayub himself monitored the situation throughout the night,… Continue reading Shibli Faraz appreciates Omar Ayub, team for restoration of electricity
Gradual restoration underway after massive power outage
After around a two-hour nation-wide massive power outage, electricity supply was gradually restored, with the Capital Islamabad the first city to be back on line. Minister for Energy Omer Ayub said three units of Tarbella were back to work, along with those at Warsak and gradually all powerhouses and grid stations would be put on… Continue reading Gradual restoration underway after massive power outage
Massive power breakdown hits the country; Restoration underway
A massive power breakdown hit the country Saturday night, with the Ministry of Energy blaming it on a sudden drop in frequency that tripped the entire system. A spokesman of the Ministry said the initial fault occurred at Guddu power station at 2341 hrs, dropping the frequency to zero. It tripped within a second, causing… Continue reading Massive power breakdown hits the country; Restoration underway
ECC approves issuance of $500 mln Eurobonds to finance Diamer Basha, Mohmand dams
ISLAMABAD, Dec 24 (APP): The Economic Coordination Committee (ECC) of the Federal Cabinet Thursday approved the Ministry of Water Resources’ proposal in principle for the issuance of WAPDA’s debut $500 million Eurobonds to arrange finances for Diamer Basha and Mohmand dams. The ECC, which met with Federal Minister for Finance and Revenue Dr Abdul Hafeez… Continue reading ECC approves issuance of $500 mln Eurobonds to finance Diamer Basha, Mohmand dams
Govt striving to provide relief to masses: Shibli
ISLAMABAD, Dec 17 (APP): Minister for Information and Broadcasting Senator Shibli Faraz Wednesday said the government’s first and foremost goal was to make the masses’ lives easier by resolving issues pertaining to unemployment, inflation and economy on fast-track basis. “The economic situation was discussed in detail, despite [the challenge of] coronavirus, economic indicators are positive,”… Continue reading Govt striving to provide relief to masses: Shibli
