The terms on conditions related to the loan pledged by Beijing for the Pakistan Railways’ flagship project — Main Line-1 (ML-1) — will be finalised by the upcoming government with the Chinese authorities. “Everything, except finalisation of the terms and conditions related to financing/loan by the government, has been completed, as no issue about the project exists at the moment on the part of
During the past 20 months, Pakistani businessmen and rich individuals have not only been investing heavily in Dubai’s real estate but also establishing export-import trading houses there, said market sources. “This is not a surprise that the Pakistanis have been investing in the real estate of Dubai but important is the establishment of trade and business houses by Pakistanis,” said Anwar Khaw
The general elections are over. The process of forming an elected government is ongoing. Two important things to watch are how well the new government tackles back-breaking inflation and how judiciously it goes about collecting taxes from people and businesses. If the establishment desists from post-election intervention, there are chances for a relatively strong parliament and a relatively
Pakistan’s Ambassador to the United Arab Emirates, Faisal Niaz Tirmizi, has said technology is changing demands for various skills and there is dire need to be innovative in meeting changing labour demands. Speaking at the concluding session of the ministerial consultation of the Abu Dhabi Dialogue on Sunday, Mr Tirmizi said time has come for diversifying skill sets and engagement aimed at deve
President Arif Alvi has blocked promulgation of an ordinance, moved by the caretaker government just before the end of its term that apparently sought to neutralise the powers of the Indus River System Authority (Irsa) bypassing the Council of Common Interests (CCI). Informed sources said the president rejected the proposed amendments to the 1991 Irsa Act on the grounds that such a critical mat