After 180 Days Of Firefighting, Garnering Loans and Grants, PTI Govt Attracts Huge Investments

Perception management amid an unfriendly media miffed by curtailment in massive government advertisements as part of PTI government’s austerity drive, appears to be the Achilles’s heel. PKONWEB Report (Islamabad) — The Chinese government has promised a grant of $1 billion for education, health, vocational training, drinking water and poverty alleviation projects over the next three […]

French Professionals of Pakistani Origin Vow to Support Pakistan

PKONWEB Report (Paris) — French professionals of Pakistani origin working in the fields of banking, finance, information technology, energy, law and construction in France pledged their full support to the Government of Pakistan’s initiatives for the socio-economic development of the country. These high net-worth professionals were briefed on new government initiatives recently launched, including Pakistan […]

Iran expresses desire to boost trade, join CPEC

Iranian government also wishes to boost bilateral trade with Pakistan up to $5 billion. PKonweb Report (Islamabad) — Iran has expressed its desire to become part of the multi-billion dollar China-Pakistan Economic Corridor (CPEC) which is ideally located at the node of Central and South Asia and poised to provide ‘cross-continental-connectivity’ among regional states. The […]

17 Million Households Could Benefit If $360M Gas Theft Is Checked

PKONWEB Report (Islamabad) — Prime Minister Imran Khan on Tuesday ordered a countrywide crackdown against natural gas theft, saying the locally produced fuel worth Rs50 billion ($357 million) was being stolen annually. The premier’s action comes as the country’s onshore natural gas production–mainly in Sindh province, has been declining after years of under-investment, leading to […]

Naltar Valley Skiing Could Lead to Winter Sport in Pakistan (Video)

A lot of credit for the rapid increase in tourism and traveling goes to publicity of different tourist spots through the internet, specially social media. PKONWEB Report (ISLAMABAD) — The government aims to monetize tourism (including religious tourism) which could also lead to Pakistan becoming one of the hubs of winter sports. Enabling environment exists […]

Schools Are Not Meant For Profiteering: Justice Gulzar

PKONWEB Report (Islamabad) — Justice Gulzar Ahmed on Monday remarked that schools are not meant for profiteering and that private schools can be closed or nationalized. Justice Gulzar’s remarks came as he headed a three-judge Supreme Court bench which heard a contempt of court case against two private schools in the capital. During the hearing, […]

At World Summit on Governance, PM Khan Sells His Narrative, Gets a Nod From IMF Chief

Is Prime Minister Imran Khan heading towards generating one of the highest ever per capita investment and financial assistance the country may witness in decades? PKONWEB Report (Dubai/Islamabad) — Between 5:30 pm and 6pm UAE time, international and local attendees of the World Summit on Governance heard in pin drop silence as Prime Minister Imran […]

Afghanistan: US Withdrawal Narratives Getting Better –With Pakistan Help

Pakistan’s equities in the region not only include decades of efforts for durable peace in Afghanistan but also struggle for the resolution of Kashmir dispute. IRSHAD SALIM (Islamabad) — America’s poster boy for withdrawal from Afghanistan and regional peace, Zalmay Khalilzad speaking at the Washington-based United States Institute of Peace (USIP) think tank said that […]

Honor Killing Of 16-Year-Old Ramsha Wassan: Suspect Involved In 20 Cases of Kidnappings, Robberies, Murders

KARACHI — Zulfiqar Wassan, also known as Zulfo of Khairpur district in Sindh, was arrested on Wednesday, February 6, 2019, for killing a teenage girl. He, along with other accomplices, had allegedly kidnapped Ramsha Wassan, aged 16, before murdering her on Friday, February 1, 2019. According to Khairpur police, Zulfo is said to be a […]

$860m Award In Karkey Rental Power Case Suspended As Pakistan Prepares Fresh ‘Corruption’ Evidence

PKONWEB Report (Islamabad) — The International Center for Settlement of Investment Disputes (ICSID) has suspended an award against Pakistan worth over $860 million (Rs120 billion) in favor of Turkish power company Karkey Karadeniz Elektrik Uretim (Karkey). The decision comes after PTI-led government initiated ‘revision proceedings’ in the ICSID to set aside the 2017 award in […]

Nuclear Pakistan At the Nexus of China, Russia, Iran and US Geopolitical Interests Important For US: Centcom Chief

US Senator Lindsey Graham, who visited Islamabad in January, is believed to have discussed with Pakistani leaders a proposal for a free trade agreement (FTA) in return for Islamabad’s assistance in ending the Afghan war. PKONWEB Report (Washington/Islamabad) — Pakistan as a state possessing nuclear weapons sits at the nexus of Russian, Chinese, Indian, Iranian, […]

Pakistan Naval Exercise Aman-2019 in Arabian Sea Draws 46 Participating Countries

Arabian Sea is a busy traffic route for ships and Gwadar has assumed a special importance due to its strategic location; Pakistan wants peace on its land as well as on sea frontiers. PKONWEB Report (Karachi) — 46 countries are participating in Pakistan’s latest naval exercise called Aman-2019. Launched first in 2007, the number of […]

Pakistan Accelerates Border Fencing As US Troop Withdrawal From Afghanistan Looms

PKONWEB Report (New York) — A $550 million unilateral construction effort by the Pakistan Army will have fenced off almost half of the country’s western borders with neighboring Afghanistan within a few months, according to officials. Pakistan military plans to complete the installation of a pair of nine-foot chicken wire fences, with a six-foot gap, […]

‘Pakistan Banao’ Bond Yield Double Than Pakistani Expats May Find in US, UK, KSA

The idea of the bond for overseas Pakistanis was first introduced by a Pakistani professional in December 2013 at a ceremony held in Riyadh to mark Quaid’s birthday. PKONWEB Report (New York/Islamabad) — Last week Pakistan government launched five-year dollar-denominated diaspora bonds at an interest rate of 6.75%, which is double than most banks in […]

World’s Biggest Energy Explorers Eye Offshore Gas Reserve Bigger Than Sui

“We are expecting a multi-billion cubic feet of gas flows from the (offshore) block.” PKONWEB Report (Karach) — A group including Eni SpA and Exxon Mobil Corp. will start drilling the Kekra-1 well this month in deepwater south of Pakistan offshore Karachi port city. The country’s onshore natural gas production–mainly in Sindh province, has been […]

FBR Acquires Details of Pakistanis’ Overseas Bank Accounts

PKONWEB Report (Islamabad) — The Federal Board of Revenue (FBR) has acquired details of 160,000 undisclosed overseas bank accounts being held by Pakistani nationals. According to sources, some 4,800 accounts have balance over $100,000 while several accounts contain even more than $1 million. In the first phase as part of the ongoing investigation, the relevant […]

Saudi Crown Prince to Be Keynote Speaker at Investors Conference in Islamabad

The Saudi government is ready to put its money into financing projects alongside international investors not only in the kingdom but overseas also. PKONWEB Report (Islamabad) — Saudi Crown Prince Muhammad bin Salman upon arriving in Pakistan on February 17 will participate in an international investment conference scheduled to be held at a five-star hotel […]

PTI Government Pursues Cases Against Anti-Pakistan Lobbies Abroad

PKONWEB Report (Islamabad) — A transnational criminal network was operating from London in the guise of a political party and vigorously pursuing anti-Pakistan agenda among Pakistani diaspora in various countries using the British soil, according to briefings the cabinet recently received from the interior ministry. The cabinet meeting was chaired by Prime Minister Imran Khan. […]

Turkish Police Detain 15 Afghan Migrants for ‘Hunting’ Pakistanis in Istanbul

ISTANBUL — Turkish police have detained 15 unregistered migrants from Afghanistan who patrolled Istanbul streets with clubs in their hands to hunt Pakistanis whom they accused as robbers. Residents in the Sultangazi district called the police when they spotted the Afghan group in the Esentepe neighborhood late Jan. 28. The 15 Afghans were later detained […]

UAE, Pakistan Accelerating Defense Cooperation

Both countries’ leaders espouse identical approach on various issues of regional and global importance. PKONWEB Report (Islamabad) — Pakistan’s Federal Minister for Defense Production Ms. Zubaida Jalal on Tuesday received UAE’s Head of the Executive Directorate of Industries and Development of Defense Capabilities Ministry of Defense, Major General Staff Pilot Ishaq Saleh Al-Balushi, in the […]