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Friday, March 30th, 2018

 

Can Saudi Arabia Help Negotiate Peace in Afghanistan? The U.S. Hopes So

(PKONWEB Report) — Saudi Arabia has agreed to play a leading role in starting a new peace process in Afghanistan, part of the latest U.S.-led two-pronged strategy to find a political solution to America’s longest war while militarily scaling up efforts to force the Taliban to the negotiating table. The Department of Defense has said on its website, that “a new U.S. Army formation (brigade) has been deployed to Afghanistan dedicated to focusing the power of the Afghan military and government on taking the fight to the Taliban to convinceRead More


NAB Recovers $2.75 Billion (Rs289B) ‘Embezzled Money’ From the Corrupt

(PKONWEB Report) — Chairman National Accountability Bureau Justice (r) Javed Iqbal said on Thursday the country’s accountability watchdog has deposited Rs 289 billion (US$2.75B equivalent at US$1=Rs105) in the national kitty after recovering embezzled monies from the corrupt. According to a communique issued by NAB, the chairman said a major chunk of the recovered monies has already been returned to the victims who were duped by the corrupt mafia. Justice Javed Iqbal expressed concern that the country has been indebted to a staggering $ 84 billion foreign debt but unfortunatelyRead More


Envoy to U.S. Addresses Pakistan Business Community Group in New Jersey

With around 650,000 Pakistanis gainfully employed in the US, their yearly average individual remittance home has remained the highest. (DESPARDES/PKONWEB) — Pakistan Ambassador Aizaz Ahmad Chaudhry addressed a community event in New Jersey Friday evening organized by Pakistani American Business Association of North America (PABANA). Dignitaries from Pakistani American businesses, Pakistani American youth, local government officials and community leaders attended the community event– one of the highest concentrations of Pakistanis are in the New York tri-state region. Following speeches by keynote speakers, question and answer session, and interactions among theRead More


Saudi Aramco Signs $10 Billion in Deals With U.S. Businesses including a Think Tank

(BE2C2) — Oil and gas field services companies and a think tank in the United States were among those involved in $10 billion in deals, the Saudi oil giant Aramco announced. Aramco took part in a bilateral business forum in New York City with chief executive officers from U.S. companies. Saudi Aramco President and CEO Amin Nasser said partnerships with U.S. companies reach back to at least 80 years ago when oil was first discovered in the kingdom. Looking ahead, the Saudi Vision 2030 will take the U.S. relationship toRead More


Pakistan Successfully Test-Fires Indigenously Developed Submarine Launched Cruise Missile

(PKONWEB Report) — Pakistan on Thursday conducted another successful test fire of indigenously developed Submarine Launched Cruise Missile (SLCM). Called Babur, the missile has a range of 450 Kilometer and is capable of delivering various types of payloads, employing underwater controlled propulsion, advanced guidance and navigation features. Pakistan conducted another successful test fire of indigenously developed Submarine Launched Cruise Missile (SLCM) BABUR having a range of 450 KMs. BABUR is capable of delivering various types of payloads. pic.twitter.com/lAEmbHOYg6 — Maj Gen Asif Ghafoor (@OfficialDGISPR) March 29, 2018 The SLCM providesRead More