06 Nov, 2024

Sawiris Mulls $7bn Investment in Reko Diq; Saudi Arabia Wants to Be Partner

Naveed Ahmed Following Saudi Arabia, Egyptian tycoon Naguib Sawiris, a luminary in the realms of telecommunications and gold mining, is also considering a substantial investment in Pakistan’s Reko Diq Copper Gold project. As far as the volume of foreign investment is concerned, Sawiris wants to invest $7 billion. He wants to expand his business footprint […]

U.S. Urges Saudi Arabia and China to Pressure Hamas, Halt Conflict

Can the U.S. De-Escalate Hamas-Israel Conflict? Involving China and Saudi Arabia to Calm Hamas While Not Stopping Israeli Civilian Killings. The United States has asked Saudi Arabia and China to use their influence and pressure Hamas to stop their militant activities, release hostages, and prevent the Israel-Hamas war from spreading. On Sunday, the U.S. Secretary […]

World Bank Vows Comprehensive Template to Boost Pakistan’s Power Reform

World Bank while pledging its support for Pakistan’s ongoing power sector reform efforts, promised to deliver a comprehensive privatization template to Islamabad next week, with the aim of expediting the privatization process for the Power Distribution Companies (DISCOs). Simon Stolp, South Asia Practice Manager for Energy at the World Bank, and his team met with […]

Saudi Arabia Ends Talks on Normalizing Relations with Israel

Surprisingly, Saudi Arabia has declared that they are no longer going to engage in any talks concerning normalizing relations with Israel. US Secretary of State Antony Blinken was informed that the talks were over, signaling a setback in recent American efforts to bring reconciliation and peace between them. Saudi Arabia’s decision to freeze talks sparks doubts on […]

Is Meta to charge EU users for Ad-Free Facebook and Instagram?

Mark Zukerberg’s Meta to introduce Facebook and Instagram subscription models for Europeans and charge a monthly fee Meta is considering the possibility of charging Europeans $13/month for ad-free versions of its Instagram or Facebook apps. Mark Zuckerberg’s company is to take the move in response to the European Union’s privacy regulations and ECJ’s recent ruling. Notable, […]

Pakistan Hikes Liquefied Petroleum Gas Prices by 8.7% in Response to Saudi Aramco’s Action

Pakistan has implemented an 8.7% increase in liquefied petroleum gas (LPG) prices for October 2023, equivalent to Rs20.86 per kilogram, affecting both domestic and commercial consumers. The new pricing, effective from October 1, 2023, establishes a rate of Rs3,080 for an 11.8 kg cylinder. This move represents the third consecutive month of LPG price hikes. […]

Sudan’s Conflict: UAE Secretly Supports Sudan Faction Under Refugee Aid Cover

In a covert operation disguised as refugee aid, the United Arab Emirates (UAE) has been providing substantial support to one faction in the ongoing Sudan conflict, a recent investigation by The New York Times revealed. Multiple sources, including both current and former officials hailing from the United States, Europe, and various African nations, have asserted […]

U.S. Response to Pakistan’s Request for Waiver on Iran-Pakistan Gas Pipeline Sparks Concern

Iran’s recent rejection of Pakistan’s Force Majeure notice adds uncertainty to the gas pipeline project, compounded by Islamabad’s challenge of navigating US sanctions on Iran, potentially resulting in an $18 billion penalty from Iran. The United States’ response to the Pakistani government’s request for a waiver on its long-stalled Iran-Pakistan gas pipeline is causing concern, […]

Surge in Anti-Muslim Hate Speech Incidents Sweeps India Ahead of Election Season

Anti-Muslim hate speech incidents in India surged by over one per day during the first half of 2023, with a total of 255 documented cases primarily concentrated in states gearing up for upcoming elections, as detailed in a report by Hindutva Watch. Hindutva Watch, an organization headquartered in Washington, dedicated to monitoring attacks against minority […]

China’s ‘Batwoman’ Scientist Warns: Another Covid Outbreak Re-emergence Near Certain

Renowned virologist Shi, known for her virus research, has issued a warning in collaboration with colleagues, stressing global preparedness against future diseases akin to Covid-19. The study, conducted by Shi’s team at the Wuhan Institute of Virology, assessed the human spillover risk of 40 coronavirus species, designating them half as “highly risky.” Six of these have […]

 Pakistan PM Preparing Response to ‘Enemy’ India ‘Being Strengthened’ by US

Pakistan is preparing to respond to the U.S’ policy of empowering the South Asian nation’s longtime rival India, caretaker Prime Minister Anwar-ul-Haq Kakar told Newsweek Senior Foreign Policy Writer and Deputy Editor of National Security and Foreign Policy Tom O’Connor in an exclusive interview on the sidelines of the United Nations General Assembly. Kakar assumed […]