23 Oct 2018

More than 100 rally racers are competing in the prestigious Gwadar Off-Road Rally. The driving track is spread over 240 kilometres and covers Gwadar, Pishukan, Ganz and Jiwani. The three-day rally, began on Friday and will continue till October 21. It is being organised by Raees Associates and Enterprises with the cooperation of the Pakistan […]

23 Oct 2018

ISLAMABAD: Members of parliament from 26 Asian countries will be gathering in Gwadar, Balochistan, next week for a three-day meeting of the Committee on Political Affairs of the Asian Parliamentary Assembly (APA) to deliberate on matters of mutual interests to the Asian region in terms of political affairs, economic trade and other regional issues, in […]

16 Oct 2018

ISLAMABAD – Showing serious concern over stopping of 12 Gwadar based projects, the Senate Standing Committee on Planning Development and Reforms on Tuesday recommended the government to allocate funds for the establishment of Gwadar University and fish harbor projects in revised Public Sector Development Programme (PSDP). READ MORE: Police on high alert ahead of Indian […]

16 Oct 2018

BEIJING: There have been solid indications that Saudi Arabia is interested in investing in the port city of Gwadar and other projects under the China-Pakistan Economic Corridor (CPEC). It is quite beneficial for Saudi Arabia to participate in the mega-project as it helps link its economy with China’s and facilitates the successful implementation of Crown […]

16 Oct 2018

ISLAMABAD: Chairman Senate Muhammad Sadiq Sanjrani on Sunday said Gwadar will be economic and business center in future. “This port will put positive impact on the development and prosperity of Pakistan and the region as well,” he said while talking to Minister for International Development of China Song Tao in Islamabad. Speaking on the occasion, […]

08 Oct 2018

ISLAMABAD: Saudi Arabia will invest in a new oil refinery in Pakistan´s growing deep-sea port of Gwadar, Islamabad announced Thursday. The agreement follows a visit last month by Pakistan´s new Prime Minister Imran Khan to the Gulf kingdom as he seeks to attract foreign investment. The Saudis “have shown interest that they want to immediately […]

08 Oct 2018

ISLAMABAD: The federal cabinet on Thursday gave the green signal to Saudi Arabia to set up an oil refinery in deep-water port of Gwadar, marking the first major investment by the gulf country in Pakistan under the new government. “The cabinet has approved the draft of memorandum of understanding (MoU) Pakistan and Saudi Arabia expected […]

08 Oct 2018

A Saudi delegation has agreed to install the world’s third largest oil refinery in Gwadar city so Central Asian countries can be supplied. They made this commitment during their visit on Tuesday. The refinery will also meet the oil needs of Pakistan and China. Also read: Pakistan to expedite CPEC projects The delegation is headed […]

01 Oct 2018

ISLAMABAD: The government has formally axed 455 projects from the ongoing Public Sector Development Programme (PSDP), contending that they had been added to the annual development programme on political grounds. The Ministry of Planning and Development on Tuesday presented the revised PSDP 2018-19 in a meeting of the Senate Standing Committee on Planning – a […]