Gwadar, Pakistan: Saudi Arabia plans to set up a $10 billion oil refinery in Pakistan’s deepwater port of Gwadar, the Saudi energy minister said on Saturday, speaking at the Indian Ocean port that is being developed with the help of China. Pakistan wants to attract investment and other financial support to tackle a soaring current […]
Saudi Arabia’s Energy Minister Khalid Al Falih arrived in Balochistan’s Gwadar today (Saturday) to inspect the land allocated for a proposed oil refinery. He is also expected to visit Pakistan next month again to sign an MoU for the construction of the refinery. This was announced on Friday during a press conference by Federal Petroleum […]
Finance Minister Asad Umar will chair a meeting of the Economic Coordination Committee on Tuesday. The ECC will discuss a five-point agenda, including gas supply to power plants and sponsor request from the Chinese side for the establishment of 300 MW coal power plant in Gwadar. Related: Pakistan Steel Mills dropped from privatisation list, employees […]
Pakistan Coast Guards arrested a suspect and seized 75kg crystal meth during a security checkup in Gwadar on Tuesday. The drugs are worth Rs80 million in the international market. They were seized from a vehicle on Shah Jahan Road. The law enforcement agencies are investigating the suspect.
QUETTA: Prime Minister Imran Khan has approved establishing ship-breaking yard in Gwadar and a policy board for the same is being formulated. This was announced during a high-level review meeting on the subject, chaired by Chief Minister Balochistan and attended by Federal Minister for Defence Production Zubaida Jalal and Finance Minister Asad Umar. The meeting […]
Fishermen in the coastal city of Gwadar continue to protest against the construction of East-Bay Expressway which has cut off routes to the Arabian sea, thereby affecting their livelihood, DawnNewsTV reported. The protest entered its 12th day on Friday with demonstrators camped on the Mulla Moosa bend of the larger Fish Harbour road. A day […]
Balochistan Information Minister Zahoor Buledi said the Balochistan government has demanded 50% share for the province from China and the federal government in the socio-economic development grants under the China Pakistan Economic Corridor (CPEC). The size of the socio-economic portfolio is approximately $1billion, including 20,000 scholarships for students. Buledi was representing the Balochistan government at […]
KARACHI: The National Accountability Bureau decided on Sunday to confiscate record of more than 70 allegedly fake housing schemes in Gwadar. Director General of the probe body has decided to conduct audit under the Supreme Court of the suspicious housing schemes in Balochistan’s coastal city, Gwadar. Meanwhile, Builders and Developers’ Association has denied the allegations, […]
President Dr. Arif Alvi has said that importance of maritime security increased after China Pakistan Economic Corridor project under One belt One road programme, which requires security of Gwadar for future trade. Addressing the concluding ceremony of Maritime Security Workshop in Lahore on Thursday, he said for Pakistan’s economic prosperity the focus on Maritime sector […]
GWADAR: A rare type of fish known for its use in the production of several medicines was recently auctioned by a fisherman at 1.14 million rupees. According to details, a 41-kg croaker fish or Arabian Sea meagre fish (Argyrosomus henii), locally known as Kir (sowa), was caught off Gwadar coast by a local fisherman. A […]
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