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NewsPNC MPs frustrated over stalling of projects assigned to SOEs
PNC lawmakers are expressing frustration over stalled development projects assigned to State-Owned Enterprises, questioning their technical capacity. During a committee meeting, members criticized SOEs for negligence and slow communication. While some blame past budgets, MPs noted that even new projects under the current government are failing.
BusinessMohamed Afeef named Fenaka Managing Director
Mohamed Afeef Hussain has been appointed as the new Managing Director of Fenaka Corporation. Afeef, who previously chaired MTCC, takes over the state-owned utility provider during a period of significant operational challenges and recent mass hiring.
