15 Jan 2019

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 […]

15 Jan 2019

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 […]

15 Jan 2019

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 […]

03 Jan 2019

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 […]

03 Jan 2019

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 […]

24 Dec 2018

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 […]

24 Dec 2018

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, […]

24 Dec 2018

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 […]