US, Saudi Arabia Sign Business Deals Worth Billions

RIYADH: US and Saudi Arabian companies signed tens of billions of dollars of business deals on Saturday as Riyadh sought help to develop its economy beyond oil during a visit by President Donald Trump. National oil firm Saudi Aramco said it signed $50 billion of agreements

Blackstone, Saudi Fund To Invest $40 Bln In US Infrastructure

WASHINGTON: US asset management giant Blackstone and Saudi Arabia’s main sovereign wealth fund announced Saturday they are launching a US$40 billion investment vehicle to finance infrastructure renovation in the United States. The announcement comes as President Donald Trump, who has promised to invest US$1 trillion in

Govt Sets Aside Rs44bn For CPEC’s Western Route

The government is learnt to have set aside Rs44 billion, or a quarter of CPEC funding, for the next fiscal year, giving the western route of the China-Pakistan Economic Corridor its first serious push, initiating the construction of roads in the country’s underdeveloped areas. At

Pakistan, China Drop 5 CPEC Energy Projects

ISLAMABAD – Pakistan and China agreed to revise and update the list of CPEC Energy Cooperation Project, removing 5 pending projects with the combined capacity of 3470 Megawatt, it is learnt reliably here Thursday. In February it was agreed between the Chinese and Pakistani experts

Scientists Decide To Bury 5,000-Year-Old Lost City In Pakistan

Mohenjo Daro is threatened by the baking temperatures of the Indus Valley and the threat from tourists and terrorists Archaeologists are trying to save the remains of a nearly 5,000-year-old city in Pakistan by burying it again. The buried city, known as Mohenjo Daro or

Pakistan To Build Massive Dams For Abundant Water And Power

China and Pakistan have agreed to finance and build two mega dams in Gilgit-Baltistan region of Pakistan. A memorandum of understanding (MoU) for this development was signed by the leaders of the two countries on the sidelines of the Belt and Road Initiative (BRI) summit

SEDPL Brings 50MW Wind Power Project Online in Sindh

Sachal Energy Development (Pvt.) Ltd. ( SEDPL), a wholly owned subsidiary of of Arif Habib Corporation Limited, has achieved its Commercial Operations for 49.5 MV Wind Energy Project on 11th April 2017. In a notification to the Pakistan Stock exchange, the company secretary confirmed that

India Has Given In To Extremism: COAS

Chief of Army Staff (COAS) General Qamar Javed Bajwa said on Thursday that India seemed to have given in to extremism to such an extent that it had become the new normal. “Hate has been mainstreamed in India and it is distorting their national outlook,”

Suzi Died From Several Diseases: Postmortem Report

LAHORE: Thirty- one years old Suzi, which died last week at the Lahore Zoo, was suffering from several diseases including ulcers and infection in her intestine and high uric acid. The postmortem report of the female elephant revealed that she had fallen on the ground

CPEC To Promote Common Development, Prosperity For Regional Countries: China

BEIJING, May 19 (APP): A Chinese Foreign Ministry Spokesperson said on Thursday that China-Pakistan Economic Corridor (CPEC), as part of the Belt and Road Initiative, would help enhance regional connectivity and promote common development and prosperity for regional countries. “Kashmir is an issue between India