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Thursday, April 26th, 2018

 

Foreign Affairs Minister Khawaja Asif Disqualified As Parliamentarian For Non-Disclosure Of Gainful Employment With UAE Firm

— Opposition Leader in the Senate and veteran politician Sherry Rehman has demanded Asif resign as the country’s Foreign Minister, following the ruling. — The country’s apex court recently ruled that parliamentarians disqualified over Article 62(1)(f) clause of the Constitution will be ineligible to contest elections or hold party office for life. April 26, 2018 (DESPARDES/PKONWEB) — The Islamabad High Court on Thursday disqualified Foreign Minister Khawaja Asif as member parliament under Article 62(1)(f) of the Constitution for not declaring his gainful employment with a UAE firm in nomination papersRead More


Bangladesh Receives First LNG Shipment From Qatar

Liquefied natural gas could allay energy security concerns in the country, but finance issues could leave the country leaning toward coal. April 26, 2018 (BE2C2) — Bangladesh docked its first LNG cargo at a floating terminal less than a year after financing was secured, bolstering energy security, analysis finds. The super-cooled liquid gas was sent from Qatar. Excelerate Energy led a $180 million project with Bangladeshi company Petrobangla to build a floating storage and regasification terminal at the port of Moheshkhali. The International Finance Corporation and Excelerate signed off onRead More


UAE Firm Plans to Invest $3 Billion in Pakistan –With Focus On Real Estate Sector

April 26, 2018 (BE2C2) — One of the Royal Group Companies of UAE’s Sheikh Saeed Bin Khalifa Al Nahyan, has reportedly shown interest in investing $3 billion in different sectors of Pakistan’s growing economy, with focus on its several hundred billion dollars worth real estate market. Louai Mohammed Ali, chairman of the UAE-based BMS International Commercial Investment, made the commitment to invest in Pakistan’s real estate development, agriculture and fisheries, energy, hospitality and leisure, healthcare and education sectors, the Gulf Today reports. Last week, State-owned Chinese construction company China CivilRead More