India Won’t Include Australia In naval Drills, Fears China Backlash

Beijing: China, on Wednesday, welcomed India’s reported decision to reject Australia’s request to join this year’s Malabar naval exercises saying the security concerns of the different parties should be taken into account while holding such drills. “I have seen the relevant reports on the refusal

Turkey’s ASELSAN Signs $25M Contract With Pakistan

ASELSAN announced that the company has signed a contract with an overseas customer for $24.9 million. A second order for the ASELPOD Electro Optical Targeting System, which gives precision capability to fighter jets, came from Pakistan. According to the statement published by ASELSAN on the

TAPI Partners Plan To Meet In Dubai, Review Project Progress

ISLAMABAD, May 31 (APP): The four-nation consortium, Turkmenistan-Afghanistan-Pakistan-India (TAPI), will be meeting in Dubai in June to review progress on the multi-billion dollars gas pipeline project and work on its financial close. Groundbreaking of the project was jointly performed by Presidents Gurbanguly Berdymukhamedov of Turkmenistan

Did Saudi Arabia Cancel A Large Arms Deal To Buy Turkish Warships?

bad for Erdogan: Saudi Arabia canceled a large arms deal to buy warships Anger in Ankara after Saudi Arabia announced the cancellation of the deal centered on a four-ship order for the Saudi navy for $ 2 billion. Turkey’s assessments: The cancellation of the deal

US$ I bln non-convertible bond to be issued for expatriates

ISLAMABAD, May 26 (APP): Finance minister Ishaq Dar Friday, lauding the contributions made by expatriate Pakistanis, announced that the government wanted them to invest in the national infrastructure and in that connection, US$ 1 billion non-convertible bond would be issued. The proposed bond would be

PCB Responds To PSL Sixth Team Bidders Queries

LAHORE, May 26 (APP): Pakistan Cricket Board (PCB) has issued responses to the queries made by those parties who have acquired bid documents for the sixth HBL PSL team along with an addendum. If any bidder has not received the responses or addendum they should

Rs 535 Million Allocated For Defence Sector

ISLAMABAD, May 26 (APP): Under the Public Sector Development Program (PSDP) 2017-18 Rs 535 million have been allocated for two ongoing and four new development schemes. According to the doccument, Rs 248.69 million, and Rs 95.50 million have been earmarked for the ongoing projects of

Rs. 15.666 Bln For Next PSDP Earmarked To Execute 61 Schemes

ISLAMABAD, May 26 (APP): The government has set aside Rs. 15.666 billion for Interior Division in Public Sector Development Programme (PSDP) for 2017-18 to execute 61 on-going and new schemes during the year. As per details mentioned in PSDP document for next fiscal year on